forms. Moreover, there is, no doubt, an incidental disadvantage connected with the release which the employé gets under the wages system from all responsibility for the conduct of the business. That is, that employés do not learn to watch or study the course of industry, and do not plan for their own advantage, as other classes do. There is an especial field for combined action in the case of employés. Employers are generally separated by jealousy and pride in regard to all but the most universal class interests. Employés have a much closer interest in each other's wisdom. Competition of capitalists for profits redounds to the benefit of laborers. Competition of laborers for subsistence redounds to the benefit of capitalists. It is utterly futile to plan and scheme so that either party can make a "corner" on the other. If employers withdraw capital from employment in an attempt to lower wages, they lose profits. If employés withdraw from competition in order to raise wages, they starve to death. Capital and labor are the two things which least admit of monopoly. Employers can, however, if they have foresight of the movements of industry and commerce, and if they make skillful use of credit,
