win exceptional profits for a limited period. One great means of exceptional profit lies in the very fact that the employés have not exercised the same foresight, but have plodded along and waited for the slow and successive action of the industrial system through successive periods of production, while the employer has anticipated and synchronized several successive steps. No bargain is fairly made if one of the parties to it fails to maintain his interest. If one party to a contract is well informed and the other ill informed, the former is sure to win an advantage. No doctrine that a true adjustment of interest follows from the free play of interests can be construed to mean that an interest which is neglected will get its rights.
The employés have no means of information which is as good and legitimate as association, and it is fair and necessary that their action should be united on behalf of their interests. They are not in a position for the unrestricted development of individualism in regard to many of their interests. Unquestionably the better ones lose by this, and the development of individualism is to be looked forward to and hoped for as a great