The investigation of the preceding chapters, leading up to the final conclusion that the proper and only wise remedy for the evils of monopoly lies in direct action of the government to protect the rights of the people, finishes the chain of our argument and really accomplishes the work laid out in the opening chapter. The laws which we have found to govern competition in modern industry are so far-reaching in their effects, and their correct apprehension by the people at large is so important to the general welfare, that economists ought to unite in recognizing and teaching their truth, while all who desire to work for the alleviation of present crying evils of society should understand these laws and be guided by them.
In the practical application of these truths, however, so many complicated details are involved that there is ample reason for the widest differences of opinion. To decide intelligently upon these practical methods demands special knowledge, in order that all necessary details may be provided for, and rare practical judgment to adapt the method to the means at hand.
The investigations which the author has pursued in the preparation of the preceding chapters and for certain other purposes have suggested to him certain principles in the practical execution of plans for the control of various monopolies, which seem to him necessary to success in the work. Well understanding the fallibility of any one man's judgment, especially in these matters of detail, he has determined to outline in a