e social enterprise of the world,
applies here as it applies elsewhere. No single business can make very
much advance except as all other business of the country makes advance.
No one can go into a new field very far in advance of others; and the
way for each man to make his business successful in a new field is to
do his share as a member of the community, as a citizen of his country,
as one of the great business organizations of his country, to advance
the trade, the commerce, the influence of his country as a whole, in the
field into which he wishes to enter. A recognition of the dependence of
each man's business for its prosperity and progress upon the prosperity
and progress of the business of all is necessary in order that there be
real progress.

Now, there are governments which undertake actively to lead in this
direction, and they are governments which are making enormous progress.
Germany, a country regarding which Mr. White has just spoken in such apt
and appropriate terms, leads, and to a considerable extent in various
directions, it requires the combination of her manufacturers, her
producers, and her commercial concerns. Japan practically does also.
There is solidarity brought about by the wonderful organization of that
combination; so that it is one for all, and all for one, under
government leadership. We cannot do it here. Our country cannot take
that kind of lead. Our people do not conceive of that as a function of
government, and as far as the activities of our government are
concerned, they are largely engaged in breaking up organizations which
do increase the industrial efficiency of our country. I do not want to
be understood as criticising that. It is all right to break them up when
they are taking too great a portion of the field for themselves. It is
all right and important to break them up when they are monopolizing the
means of subsistence that should be spread throughout the great body of
the people. But we must recognize the fact that when our government does
enforce the law--a just law, wise law--against our great commercial and
our great industrial organizations, it reduces the industrial efficiency
of the country. There is only one way to counteract that effect, not
violating any law, but securing through organization the united action,
and concentrated action of great numbers of Americans who have a common
purpose, substituting that kind of organization for the organizations
which it is