Notwithstanding this fabulous development of the productive powers and the immense concentration of capital, attempts are still being made to deny these truths. Such an attempt was made at the eleventh session of the International Institute of Statistics in Copenhagen in August, 1907, by the French economist, Ives Guyot. On the basis of careless statistics, he moved to abolish the word “concentration” from statistics. Among others, Carl Buecher answered him as follows: “An absolute increase in the number of manufactories may easily coincide with a concentration of same. Wherever the census enumerates individual establishments, it is unavoidable that many should be counted twice. A bank with 100 trust-funds is counted as 101; a brewery that has opened and fitted out 50 saloons, is counted as 51 establishments. The results of such statistics prove nothing in regard to the phenomenon in question. Investigation so far shows that agriculture alone does not ~seem~ to be subjected to the process of concentration. It is evident in mining, commerce, transportation, building trades and insurance. In industry it is difficult to recognize, because every civilized nation in a healthy state of development must present an extension of industrial production, for the following four reasons: 1. Because occupations that were formerly domestic in character have been taken over by industry. 2. Because natural products have been replaced by industrial products (wood by iron; woad, madder and indigo by tar-colors, etc.). 3. Because of new inventions (automobiles). 4. Because of the possibility of exportation. For these reasons concentration on a large scale takes place in industry without any diminution in the number of establishments, even with an increase in same. Wherever industry creates commodities ready for use of a typical character, the destruction of the independent small concerns is inevitable. The capitalistic forms of production are accordingly rapidly developing in the most important lines of industry. It is not wise to oppose the Socialists where they are right, and they are undoubtedly right in their assertions in regard to increasing concentration.”[198]