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cipal thing to ascertain is the number and the nature of the forces that are available, the quantity and nature of the means of production,--the factories, workshops, means of transportation and communication, land--and also their productivity. The next thing to ascertain is the quantity of the supplies that are on hand and the extent to which these can satisfy the wants of society. As to-day the State and the several municipalities yearly cast up their budgets, the thing will then be done with an eye to all the wants of society, without thereby excluding changes that increased or new wants may demand. Statistics here play the chief _role_: they become the most important subsidiary science of the new order: they furnish the measure for all social activities. Statistics are extensively used to-day for similar purposes. The Imperial, State and municipal budgets are based upon a large amount of statistical reports, made yearly by the several administrative branches. Long experience and a certain degree of stability in the running wants facilitate their gathering. Every operator of a large factory, every merchant is, under normal conditions, able to determine accurately what he will need during the next three months, and how he should regulate his production and purchases. Unless excessive changes set in, his calculations will be found safe. The experience that crises are caused by blind, anarchic production, i. e., that production is carried on without a knowledge of the volume of supply, of sales and of demand of and for the several goods in the world's market, has, as indicated in previous passages, caused large manufacturers in several branches of industry to join in Trusts and rings, partly with the view of steadying prices, partly also for the purpose of regulating production by the light of previous experience and of the orders received. According to the capability of each establishment and to the probable demand, the output of each is determined for the next few months. Infractions are punished with heavy conventional mulcts, and even expulsion. The capitalists do not conclude these agreements for the benefit of the public, but to its injury and to their own profit. Their purpose is to utilize the power of combination in order to secure the greatest advantages to themselves. This regulation of production has for its object to enable the capitalist to demand from the public prices that could not be got if the comp
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