2. It would destroy the instincts of rivalry, contest and competition for the necessaries of life, and that desire to excel and surpass our fellows, which instincts now move the world. 3. It removes the incentives to progress by eliminating the opportunities to acquire individual affluence and social superiority. 4. It would result in stagnation of business. 5. It would cause deterioration in human character because of the removal of the incentive which makes men strive to better themselves mentally, morally and intellectually. 6. It is unscientific in that it does not comprehend the great inequality of men and the necessity for the inequality of conditions. 7. It does not rest upon the fundamental law of natural selection, because it diverts men from their natural callings, since it is the struggle for existence only that determines which is fit to survive, and which is best fitted for certain work. 8. It is impossible of attainment except by confiscation without just compensation to the owners of the enterprises confiscated, and to this, modern civilization would never consent. 9. It would create an industrial machine so colossal, so complicated and so complex that it would be entirely unmanageable. 10. It would result in chaos and confusion because of the assumed equality of very great inequalities. ARGUMENTS FOR SOCIALISM. There is much in socialism that is good and true. In fact, it may be that it is nine-tenths true; but the other one-tenth is fatal--it outweighs the other nine-tenths. I have heretofore in my public life, and could now, set forth many convincing arguments in favor of the government ownership idea. If I did so now it would necessitate answering them by repeating and enlarging upon that which I have just set forth, which is not the purpose of this essay. In my opinion there has been no argument for socialism yet produced that can overcome the force of the foregoing truths. As times and conditions change, so do opinions, and thus has it been with the writer. Change is the only thing that is constant--strange paradox--and mutability is the one immutable law of the universe. PART IV. CAUSES OF MONOPOLY. Most people agree that the Trust is the result of an evolutionary development. If this be true, it is quite certain that the movement will continue and that the Trusts will multiply in number and in size, and thus even greater injury will be wrought than is now complained of, and the problem will become the more complex and the more pressing for solution. If the Trust is the result of a natural movement it is idle to talk of such manifestly inadequate suggestions as tariff revision, government ownership, the single tax, and publicity as Trust destroyers; for, if it is natural, the Trusts will grow and thrive in spite of these. But, should we listen for a moment to those who seek to exterminate the Trust? OBJECTIONS TO DESTROYING THE TRUST.