extensive division of labor, has become to-day the most important portion of production and it continues to increase steadily. Scarcely a single article of consumption comes from the hand of a single producer, but all run through a number of productive processes so that those who finally fit it for our use are only the last in a long row of producers. The production of articles for consumption and for the means of production have a wholly different character. The production for further production belongs to the domain of gigantic industries such as the iron industry, mining, etc. These are all highly organized in owner's agreements, cartels, etc. But even among the users of these means of production, operator's agreements are already very extensive. In most cases in this field to-day the individual operator does not deal with individual operators, but union of operators with union of operators, industrial branch deals with industrial branch, and those places where the union of operators is least developed are just the regions in which there are relatively few producers and few consumers dealing with each other. For consumption is here not by an individual but by a whole industry. In the manufacture of spinning and weaving machines, for example, there were in 1895 1,152 businesses with 17,047 laborers. Of these, however, there were 774 industries which had only 1,474 laborers and were scarcely to be considered. Among the great industries there were only 73