After describing how "Big Business," controls both industry and politics, La Follette says:-- "This thing has gone on and on in city, State, and nation, until to-day the paramount power in our land is not a Democracy, not a Republic, but an Autocracy of centralized, systemized, industrial and financial power.

'Government of the people, by the people, and for the people' _has_ perished from the earth in the United States of America." An editorial in _McClure's Magazine_ (July, 1911) draws a similar picture and frankly applies the term, "State Socialism," to the great reforms that are pending:-- "Two great social organizations now confront each other in the United States--political democracy and the corporation.

Both are yet new,--developments, in their present form, of the past two hundred years,--and the laws of neither are understood.

The entire social and economic history of the world is now shaping itself around the struggle for dominance between them....
"The problem presented by this situation is the most difficult that any modern nation has faced; and the odds, up to the present time, have all been with the corporations.

Property settles by economic law in strong hands; it has unlimited rewards for service, and the greatest power in the world--the power of food and drink, life and death--over mankind.