we may expect further legislation becoming more and more rational; but the decision of the individual cases, with due allowance for time and place and in harmony with the principles of common law—which means that abandonment by a privileged party of its duty to the public will not be tolerated—will do more to solve the problem than legislation of the kind we have been considering.
The solution will probably be something like that suggested by Von Halle in his conclusion: "It is my belief that the future belongs neither to the prophets of individualism, nor to the ideals of the social-democrats. Its next phases belong to social reorganization. And the probability is that this will show a corporate character, and will be sustained and controlled by public supervision."[1]
The University of Chicago.
- ↑ "Trusts," p. 149.
