capital and have quarrelled with it. It
sees that the present workers, acting as syndicates or otherwise, are
incompetent to own and control and manage industry because they propose
to treat capital as the natural enemy of the workers. There has been but
one conclusion possible. If Civilization or the Crowd Syndicate has a
right to have its industries managed in the interests of all, and if
the present owners have proved themselves to be mentally incompetent to
control industry because they fight labour, and if the present labourers
as a class have proved themselves to be mentally incompetent because
they propose to fight capital, there is naturally but one question the
crowd syndicate is asking to-day, namely, _"Are there any mentally
competent business firms at all in the world, any firms whose owners and
labourers have thought out a way of not fighting?"_ From the point of
view of the Crowd, the men who are competent, who know how to do their
work, do not have to lay down their tools and find out all over again
how to do their work. They know it and keep doing it.

So the Crowd keeps coming back with the question, "Are there or are
there not any competent business establishments in our modern life?
Which are they, and where are they?" We want to know about them. We want
to study them. We want to focus the thought of the world on them and see
how they do it.

The answering of this question is what the next Pierpont Morgan and the
next Tom Mann are for.

What the next Pierpont Morgan is for is to find out for us who the
competent employers are--the employers who can get twice as much work
out of their labour as other employers do--recognize them, stand by them
and put up money on them. The next Pierpont Morgan will find out also
who the incompetent employers are, recognize them, stand out against
them, and unless they have brains enough or can get brains enough to
cooeperate with their own workmen, refuse to lend money to them.

This would make a banker a statesman, would make banking a great and
creative profession, shaping the destinies of civilizations, determining
with coins back and forth over a counter the prayers and the songs, the
very religions of nations, and swinging like a pendulum the fate of the
world.

The first Pierpont Morgan has made himself, in a necessary transitional
movement, a hero in the business world because of a certain moral energy
there is in him. He has insisted in expressing his own