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the strength of capital on the one hand, and the education and wisdom of the workers on the other, will determine which path society is to travel. It is possible, considering the inertia of the masses, that the whole world might in time come to be dominated by a group of industrial oligarchies, or by one great oligarchy, but it is not probable. That sporadic oligarchies may flourish for definite periods of time is highly possible; that they may continue to do so is as highly improbable. The procession of the ages has marked not only the rise of man, but the rise of the common man. From the chattel slave, or the serf chained to the soil, to the highest seats in modern society, he has risen, rung by rung, amid the crumbling
