Private ownership and competition have had their day. The Socialist party stands for social ownership and co-operation. The one is Capitalism; the other Socialism. The one industrial despotism, the other industrial democracy.

The Republican, Democratic and Progressive parties all stand for private ownership and competition. The Socialist party alone stands for social ownership and co-operation.

The Republican, Democratic and Progressive parties believe in regulating the trusts; the Socialist party believes in owning them, so that all the people may get the benefit of them instead of a few being made plutocrats and the masses impoverished.

The Republican, Democratic and Progressive parties uphold the wage system; the Socialist party demands its overthrow.

It is under the wage system that the 22,000 operatives in the cotton and woolen mills at Lawrence, Massachusetts, have been compelled to work, or slave rather, according to Commissioner Neill, for an average of $8.76 per family. To earn this average wage, according to the commissioner's official report, requires the combined service of father, mother and three children. This is slavery with a vengeance. The mill is a sweat-hole; the hovel a breeding-pen. Home there is none. And there never will be under the wage system.

What have the Republican, Democratic and Progressive parties to offer to the wage-slaves of Lawrence, to the wage-slaves of the steel trust, to the wage-slaves of the mines, to the wage-slaves of the lumber and turpentine camps of the South, the wage-slaves of the railroads, the millions of them, male and female, black and white and yellow and brown, who produce all this nation's wealth, support its government and conserve its civilization, and without whom industry would be paralyzed and the nation helpless? What, I ask, has any of these capitalist parties, or all of them combined, for the working and producing class in this campaign? Nothing. Absolutely nothing.

These parties are bidding stronger than ever for the labor vote this year. That vote is now not so easily delivered as in the past. The competition for the votes of the wage-workers is the distinguishing feature of the present campaign. Thousands of workers are now doing their own thinking. They have discovered that workers are as much out of place in a capitalist party as capitalists are in a workers' party. They have also found that politics express class interests and that the interests of those who make the wealth and those who take it are not identical. That is where the Socialist party comes in and where the workers come in the Socialist party.

The working class is in politics this year. It has always been in politics for its master; this year it is in politics for itself.

The most promising fact in the world today is the fact that labor is organizing its power; its economic power and its political power.

The workers who have made the world and who support the world, are preparing to take possession of the world. This is the meaning of Socialism and is what the Socialist party stands for in this campaign.