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 that the Government cherishes a blind and special love for the big industries. The big manufacturers are, it is true, children of fortune, and this creates no good will toward them among the rest of the people. But to weaken or to confine their existence would be a very foolish experiment. If we dropped our big industries, making it impossible for them to compete with those of other countries, and if we placed burdens on them which they have not yet been proved able to bear, we might meet with the approval of all who are vexed at seeing anybody richer than other people, most especially than themselves. But, if we ruin the big industries, what shall we do with the laborers? In such a case we should be facing the problem, to which the representative Mr. Richter referred with much concern, of the organization of labor. If a business, employing twenty thousand laborers and more, goes to pieces, and if the big industries go to pieces, because they have been denounced to public opinion and to the legislature as dangerous and liable to heavier taxes, we could not let twenty thousand, and hundreds of thousands of laborers starve to death. In such a case we should have to organize a genuine State-socialism, and find work for these laborers, similar to what we have been doing during every panic.

If the objections of the representative Mr. Richter, who claimed that we must guard ourselves against State-socialism as against some disease, were well taken, how does it happen that we are providing work whenever a calamity has afflicted one or another of the provinces? Such work would not be provided, if the workingmen could find other remunerative occupations. In such cases we build railways of doubtful productivity, and make improvements, which under ordinary circumstances are left to the individual citizens to make. If this is communism, I am by no means opposed to it. But the use of such catch-words does not advance the solution of any problem.

I have already commented on Mr. Bamberger's defence of the private insurance companies. I am, however,