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frightened. He likes the trust. He exults in the trust, for it is largely doing the task for him. It socializes production; this done, there remains nothing for him to do but socialize distribution, and all is accomplished. The trust? "It organizes industry on an enormous, labor-saving scale, and abolishes childish, wasteful competition." It is a gigantic object lesson, and it preaches his political economy far more potently than he can preach it. He points to the trust, laughing scornfully in the face of the orthodox economists. "You told me this thing could not be," {12} he thunders. "Behold, the thing is!"
