new era in business--an era in which the
Government will permit--even encourage--enlightened business
combinations.

The railroads of the country in the efficient hands of McAdoo
have already bettered service, and the rights of the Savings
Banks and of other holders of the securities of each road have
been secured.

We must, on the one hand, permit the abolition of ruinous
competition and on the other safeguard the public from high
prices, and the smaller firms and corporations from the unfair
competition of a powerful rival.

Great changes are coming in the social structure of the world. We
are on the threshold of a great readjustment. Whatever else our
entrance into the war may accomplish, let us hope that it will
have made of us a nation with the throb of a single patriotism
and the steady pulse of an energetic efficiency that shall not
merely seek in honest rivalry to compete with other nations but
in an enlightened and helpful way shall strive truly to heal a
wounded civilisation in the God-given days of peace.

[Illustration: EXACT SIZE REPRODUCTION OF A PAGE OF THE FAMOUS
"DIE ZUKUNFT" PUBLISHED BY MAXIMILIAN HARDEN, THE ONE UNCENSORED
EDITOR OF GERMANY]

[Illustration: COVER OF PROGRAM OF SERVICE IN PROTESTANT
CATHEDRAL, BERLIN, IN CELEBRATION OF THE FIVE-HUNDREDTH
ANNIVERSARY OF THE LORDSHIP OF HOHENZOLLERNS IN
BRANDENBURG-PRUSSIA]

***END OF THE PROJECT GUTENBERG EBOOK FACE TO FACE WITH KAISERISM***

******* This file should be named 21991.txt or 21991.zip *******

This and all associated files of various formats will be found in:
http://www.gutenberg.org/dirs/2/1/9/9/21991

Updated editions will replace the previous one--the old editions
will be renamed.

Creating the works from public domain print editions means that no
one owns a United States copyright in these works, so the Foundation
(and you!) can copy and distribute it in the United States without
permission and without paying copyright royalties. Special rules,
set forth in the General Terms of Use part of this license, apply to
copying and distributing Project Gutenberg-tm electronic works to
protect the PROJECT GUTENBERG-tm concept and trademark. Project
Gutenberg is a registered trademark, and may not be used if you
charge for the eBooks, unless you receive specific permission. If you
do not charge anything for copies of this eBook, complying with the
rules is very easy. You may use this eBook for nearly any pu