Introduction

This book, first published in the last years of the 19th century, has received a profusion of commendatory notices from the press in all sections of the country. It is simple, yet profound, and makes a "dry subject" positively entertaining. The burning topics of the day, including trusts, centralization, labor questions, socialism, and coinage are treated most instructively. It is now issued to accommodate the great demand for information upon these vital subjects, incidental to the coming presidential campaign. It is independent of prejudice, section, or party, and will be welcomed by searchers after truth.

Contents

Preface

I. General Principles

II. Supply And Demand

III. The Law Of Competition

IV. The Law Of Cooperation

V. Labor And Production

VI. Combinations Of Capital

VII. Combinations Of Labor

VIII. Employees And Profit Sharing

IX. Employees: Their Obligations And Privileges

X. Governmental Arbitration

XI. Economic Legislation And Its Proper Limits

XII. Dependence And Poverty

XIII. Socialism As A Political System

XIV. Can Capital And Labor Be Harmonized?

XV. Wealth And Its Unequal Distribution

XVI. The Law Of Centralization

XVII. Action And Reaction, Or "Booms" And Panics

XVIII. Money And Coinage

XIX. Tariffs And Protection

XX. The Modern Corporation

XXI. The Abuses Of Corporate Management

XXII. The Evolution Of The Railroad

XXIII. Industrial Education

XXIV. Natural Law And Idealism