The trust toad, as you will find by examining it closely and studying events, has a head equipped with jewels of a very fine quality. Many years from now men will be very glad that the trust toad was born, because of the good that will come from it. ——

Already we see that the trusts are inevitably strengthening labor unions. They are bringing the men into closer relationship and forming them into greater and more closely united bodies of workmen.

The trusts organize admirably the great industries and prepare the day when all of these industries will be owned by the Government—that is to say, by the people themselves.

The trusts eliminate competition, which is a stupid, out-of-date form of barbarism, leading to cheating, thievery and adulteration.

The trusts do away with the vast armies of middlemen, and, by diminishing every day the number of those who live on the work of others, they compel an ever-growing number to enter the fields of useful production. ——

Just at present the jewel that stands out most prominently in the ugly trust toad's head is "FREE TRADE."

Men have argued and fought and voted and made speeches and paraded for Free Trade—and all in vain. The more they talked and paraded, the heavier were the duties.

But when the TRUSTS want Free Trade, they will have it, for the trusts control legislation.

And we SHALL have Free Trade, for the trusts WILL want it very soon.

A trust engaged in manufacturing wants to buy as cheaply as it can the raw materials used.