We have, then, in the Trust, an immense commercial giant which is both good and bad at the same time. If one had a fine thoroughbred horse which balked, or shied, or kicked, should we destroy it because of these evil qualities, forgetting that it also has an equal percentage of good qualities? Or, should we try to cure it of its faults by training it to do our bidding? We do not condemn and destroy a great machine because it has a defective part, but we rather seek to remedy the defect. The Trust is doing a wonderful work for the world. Like improved machinery, it is lightening and lessening the toil of the human family, and at the same time it is working a great injury. Labor-saving machinery is also working injury, in that it is making large numbers of men idle, but this is not sufficient reason to destroy it. Machinery and Trusts are brothers. To be consistent, if we destroy the one we must destroy the other. Before contemplating destruction of the Trust, let us see if we cannot find some way to train and to harness it, like the horse, so that it will be useful and beneficial. Let us try to devise a method whereby the good qualities of the Trust can be preserved and the evil qualities eliminated. PART III. FALLACY OF THE GOVERNMENT OWNERSHIP IDEA. The doctrine of socialism, which may be defined as government ownership and operation of the means of production, is attractive. Some of our ablest men are numbered among its exponents, and the political parties which advocate socialism, in whole or in part, are growing rapidly. The theory of socialism is so beautiful and may be so cleverly stated that very few indeed have the acumen to withstand its assaults upon the reason, particularly when only one side of the question is heard. The great mass of our people have refused to accept it, not because they believe it unsound, but because they either do not understand it or are prejudiced and believe it to be some destructive, lawless scheme of the discontented. The recent coal and railroad strikes, had they long continued and assumed really alarming proportions, would have furnished an almost unanswerable argument in favor of the government ownership idea; and a repetition in these or in some other important industry would perhaps so drive home the conviction that socialism was the only remedy, that for all we could do the elections would be carried by the party advocating those measures, and our present form of government overthrown.