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of attractive prices and easy methods of payment made them by the company's management. There are already many other concerns where this is true in greater or less proportion. These are facts that certain types of labour agitators or even leaders as well as special pleaders for labour, find it convenient to forget, or at least not to mention. The same is true also of the millions that are every year being paid out to make all working conditions and surroundings cheerful, healthful, safe; in various forms of insurance, in retiring pensions. Through the initiative of this larger type of employer, or manager of capital, many hundreds of thousands both men and women and in continually increasing numbers, are being thus benefited--outside and above their yearly wage or salary. A new era in connection with capital and labour has for some time been coming into being; the era of democracy in industry has arrived. The day of the autocratic sway on the part of capital has passed; nor will we as a nation take kindly to the autocratic sway of labour. It is obtaining a continually fuller recognition; and cooperation leading in many lines to profit-sharing is the new era we are now passing into. Though there are very large numbers of men of great wealth, employers and heads of industrial enterprises, who have caught the spirit of the new industrial age upon which we have already begun to enter, and who are glad to see labour getting its fairer share of the profits of industry and a larger recognition as partners in industry, there are those who, lacking both imagination and vision, attempt to resist the tide that, already turned, is running in volume. They are our American Bourbons, our American Junkers. They are, considering the ominous undercurrents of change, unrest and discontent that are so apparent in the entire industrial and economic world today, our worst breeders and feeders of Bolshevism and lawlessness. If they had their way and their numbers were sufficiently large, the flames of Bolshevism and anarchy would be so fed that even in America we would have little hope of escaping a great conflagration. They are the ones who are determined to see that their immense profits are uncurtailled, whose homes must have ten bathrooms each; while great numbers of their workers without whom they would have to close up the industry--hence their essential partners in the industry though not in name--haven't even a single bath-roo
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