< Page:American Journal of Sociology Volume 8.djvu
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74 THE AMERICAN JOURNAL OF SOCIOLOGY

concentration and monopoly. It discourages limited enterprises by prohibitory interest rates. Branch banking and asset cur- rency would constitute anti-trust agents of no mean influence, though they are fiercely opposed by the average man on account of their supposed tendency to monopoly in credit and banking. To each of these remedial proposals objections are offered, but is not this true of any anti-trust suggestion? None meets with universal acceptance, and reform by unanimous consent is someting unknown in politico-social history. The individualists have nothing better to propose ; they believe that the indicated remedies would be adequate. But it is impossible to blink the fact that society is disposed to try restrictive and prohibitive measures first. Monopoly is making conscious and unconscious

socialists at an amazing rate.

VICTOR S. YARROS.

CHICAGO.

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