There is no expeditious road
To pack and label souls for God
And save them by the barrel-load.
But if we are neither false to our visions nor immoderate in our hopes we need not despair of witnessing the slow growth of something worth calling Freedom in industrial affairs: even though we know that in any society which we are likely to live to see, old Bill Bailey will continue to think more about his early broccoli than about the mysteries of cost-accounting, and young Alf Perkins to take more interest in the prospects of Manchester United than in those of cotton cultivation in equatorial Africa.
Business organization, 5
Business parliament, 160
Business unit, 19; division of
brain-labor and, 21; integra-
tion of marketing and size of
unit, 53; standardization
and, 19
Business secrets, 65, 152
Butler's Erewhon, 131
Canada, analogy from, 146
Capital, provision, 60, 71
Capitalism, 7; 83; antecedents,
7; birth of modern, 10; con-
sumers' grievances against,
100; golden rule, 88, 109, 126,
142, 155; position to-day, 162;
sharp social contrasts, 95;
survey of, 83; unco-ordinated
nature of, 83
Capitalists, 67
Capitalization of industry, 56
Captains of industry, 72
Cartels, 52, 54
Cash payment, 107
Cement industry, 78
Chemists, 23
Coal industry, 27, 152; Ger-
many, 160; miners' own
scheme for nationalization,
140; nationalization ques-
tion, 115, 119
Cocoa manufacture, 155
Cole, G. D. H., 109
Collection, 103, 163; assump-
tion of risk and, 117; conser-
vation and, 114; instances,
124; intermediate devices,
125; miscellaneous dangers,
120; monopoly and, 111
Collectivist State, 121
Combination, 38, 49, 76
Communication, 26
Communism, 103; concealed,
120; free services from the
State, 127; partial, 128; Rus-
sia, 130; South Seas, 164
Company promoter, 73
Competition, 50, 101; unfair,
113, 121
Conservation and, collectivism,
114
Consumers, 100; co-operation-
merits and limitations, 106;
co-operative methods, 103,
105; co-operative movement,
48; continuous pay, 141, 143,
150; grievances against cap-
italism, 100
Control of industry, 2; grada-
tion of matters and of influ-
ence, 152; risk and, 88
Co-operation, 103; consumers'
methods, 103, 105; consum-
ers' merits and limitations,
106; meanings, 104; produc-
tive, 131
Co-operative credit societies,
81
Co-operative stores, 105, 107
Cotton Control Board, 157
Cotton futures, 45
Cotton industry, 27, 30, 32
Crafts guild, 138
Craftsmen, 9,
Credit, 56
Division of labor, 14
Dividends, 65
Dreamers, 131
Durham, Lord, 146
Economist, 32, 34
Education, 128
Electricity, 28, 122
England, 27; co-operative pion-
eers, 105; Industrial Confer-
ence of 1919, 161
English Trades Council, 134
English Wholesale Society, 106,
108
Exchanges, 44, 69
Factory system, 11
Faith, 85, 88
Family system, 8
Farming, 25
Federal Reserve Board, 125
Finance, 72; industry and, 74;
Berlin, 80; penetration of in-
dustry, 80
Financial houses, 60
Financiers, 79; growing power
over industry, 81; value to
society, 82
Firms, 19; large, typical, 21
Flotation of businesses, 58
Fluctuations, industrial, 93,
Ford motor-car, 17
Foreign trade, 40; associations,
Foremen, 22, 154
Foundry management, 154
France, workers' societies, 134
Freedom, 163; economic, 85,
86, 165; of employer to con-
duct his business, 145,147
Future, 102, 115
Futures, buying and selling, 45
Gaster, A., 97
General strike, 135
Germany, 80; coal industry,
160; Federal Economic
Council, 160; finance and in-
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