F-% 3
struggle of individuals in a chaos of destruction, with perhaps the emergence of
one victorious type : at its highest, it is the co-operation of individuals to ensure
the highest common level of advancement without strife and without destruction.
Combination in industry belongs in essence to the latter, unrestricted competition
to the former. No one who has the natural prosperity and the future of our
industrial civilisation at heart would wish for the former, and yet the prejudice
against ““ rings” and “ combines ”’ in this country, as far as the basic industries
are concerned, if it has any thought whatever behind it, belongs directly to it.
The facts given in this book have been based wholly on the information at
our disposal, and the observations made on them have been conceived as
objectively and as impartially as possible. There has been no attempt to distort
evidence or modify statistics to prove certain doctrines. We have aimed at
disclosing the truth without elaboration, and, in the Appendices, have furnished
most of the evidence on which the publication has been based. Other evidence
of a private nature has been used, but we have subjected every statement to
close scrutiny so that accuracy should result. The conclusions give the essence
of the book.