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Crowds - A Moving-Picture of Democracy by Gerald Stanley Lee
page 77 of 630 (12%)
Company more than 10 per cent. more to offer the better conditions. But
such an organizing inventor has been invented, and has proved his case.

Luther Burbank has made a chestnut tree eighteen months old bear
chestnuts; and it has always taken from ten to twenty-five years to make
a tree furnish its first chestnut before. About the same time that
Luther Burbank had succeeded in doing this with chestnuts a similar type
of man, who was not particularly interested in chestnuts and wanted to
do something with human nature, who believed that human nature could
really be made to work, found a certain staple article that everybody
needs every day in a state of anarchy in the market. The producers were
not making anything on it. The wholesalers dealt in it without a profit,
and the retailers sold it without a profit, and merely because the other
things they sold were worthless without it.

----, who was the leading wholesale dealer and in the best position to
act, pointed out that, if the business was organized and everybody in it
would combine with everybody else and make it a monopoly, the price
could be made lower, and everybody would make money.

Of course this was a platitude.

It was also a platitude that human nature was not good enough, and could
not be trusted to work properly in a monopoly.

---- then proceeded to invent a monopoly--a kind of monopoly in which
human nature could be trusted.

He used a very simple device.

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