Moody and Turner, for example, finished a well-weighed study of the general tendencies of large capital in this country with the following conclusion:-- "Through all these channels and hundreds more, the central machine of capital extends its control over the United States.

It is not definitely organized in any way.

But common interest makes it one great unit--the 'System,' so called.
"It sits in Wall Street, a central power, directing the inevitable drift of great industry toward monopoly.

And as the industries one after another come into it for control, it divides the wealth created by them.

To the producer, steady conditions of labor; to the investor, stable securities, sure of paying interest; to the maker of monopolies and their allies, _the increment of wealth of the continent, and with it the gathering control of all mechanical industry_."[32] (My italics.) Certainly the fundamental social questions in any country at any time are: Who gets the increment of wealth?
Who controls industry?
No objection can be taken to the facts or reasoning of this and some of the other studies of the "trusts"-- _as far as they go_.