"But the trusts themselves arose out of competition," Mr. Calvin interrupted.
"Very true,' Ernest answered. "And the trusts themselves destroyed competition. That, by your own word, is why you are no longer in the dairy business."
The first laughter of the evening went around the table, and even Mr. Calvin joined in the laugh against himself.
"And now, while we are on the trusts," Ernest went on, "let us settle a few things. I shall make certain statements, and if you disagree with them, speak up. Silence will mean agreement. Is it not true that a machine-loom will weave more cloth and weave more cheaply than a hand-loom?" He paused, but nobody spoke up. "Is it not then highly irrational to break the machine-loom and go back to the clumsy and more costly hand-loom method of weaving?" Heads nodded in acquiescence. "Is it not true that that combination known as a trust produces more efficiently and cheaply than can a thousand competing small concerns?" Still no one objected. "Then is it not irrational to destroy that cheap and efficient combination?"
No one answered for a long time. Then Mr. Kowalt spoke.
"What are we to do, then?" he demanded. "To destroy the trusts is the only way we can see to escape their domination."
Ernest was all fire and aliveness on the instant.
