he facts hereafter given that monopolies are the salient feature of our
present industrial situation, and, moreover, that they have come to
stay, I would recommend a careful perusal of the financial and trade
journals for a few months.

Wherever possible I have presented actual statistics bearing on the
question at issue; but as regards trusts, monopolies in trade, mining,
labor, and in fact nearly all monopolies, there are no statistics to be
had. Nor can any be obtained, for it would be absurd for the government
to collect statistics of the operation of that which it pronounces
illegal but makes no effort to punish.

It may increase the respect of some readers for the conclusions I have
reached, to know that it was a practical acquaintance with monopolies
rather than any study of economic theories which led me to undertake the
present work; that, at the time I undertook it, I was wholly undecided
as to the proper remedies for monopolies, and was quite willing to
believe, if the facts had proved it to me, that they were destined to
work their own cure; and that the rapid growth and increase of
monopolies in very many industries, in the few months since these
chapters were written, have furnished fresh evidence that my conclusions
have not been amiss.

Finally, I wish to place all emphasis on the fact that all the great
movements toward genuine reform must go hand in hand. The cause of the
people is one cause, and those who work for honest officers in our
government, pure elections, the suppression of crime and pauperism, the
mental and moral elevation of men and women, are striking harder blows
at monopolies than they may realize. But if they desire to hasten the
day of their success, they must bring the great masses of the people to
comprehend that these movements aim at nothing less than their complete
deliverance; and that the reformers who labor so earnestly to make our
government purer and its people nobler, heartily desire also to cure the
evils of monopoly, and to serve the cause of the people in its every
form.

CHARLES WHITING BAKER.

TRIBUNE BUILDING, New York City.
June, 1889.

TABLE OF CONTENTS.

I. THE PROBLEM PRESENTED 1
A new use for the word "Trust," 1
The people's knowledge of trusts, 2
Remedies for trusts, 2, 3
Trusts a species of mono