More striking still, it appeared that, if the process of concentration goes on at the same rate, at the end of another century we shall have all American industry controlled by a dozen corporations and run by perhaps a hundred men. Put plainly, we are steering a steady course toward economic oligarchy, if we are not there already.

The best customer of American industry is the well paid worker.

All but the hopelessly reactionary will agree that to conserve our primary resources of man power, government must have some control over maximum hours, minimum wages, the evil of child labor and the exploitation of unorganized labor.

Those who are voteless cannot be expected to continue paying taxes to a government which is not responsible to them. People who live in poverty and starvation cannot be expected to pay exorbitant house rents to the government and local authorities. We furnish the sinews of agriculture and industry. We produce the work of the gold mines, the diamonds and the coal, of the farms and industry, in return for miserable wages.

As our nation has grown in size and stature, however-as our industrial economy expanded-these political rights proved inadequate to assure us equality in the pursuit of happiness.

Without question the Fair Labor Standards Act starts us toward a better standard of living and increases purchasing power to buy the products of farm and factory.