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abroad American anti-trust beet sugar benefit better Britain British buyers capital cause cent charges cheaper Chicago Commission common competition competitors consolidation consumers corporations cost Cuba demand desire dividends earnings England Europe excess exports factories farm favor foreign franchise free trade freight rates gain Germany give gold high prices higher imports income increase industry Inter-State Commission interest J. P. Morgan labor land less lines loss lower prices machinery manufacturing materials miles monopolistic monopoly monopoly profits nation natural natural monopoly necessary Northern Securities Company oleomargarine owners paid Pennsylvania plants pooling present Professor profit protection protectionists public ownership rail railroad railway raise reason reduced roads sell shares shipped shippers sold steel stockholders supply tariff duty tariff reform tion trust United wages wealth York
Сторінка 302 - To expect, indeed, that the freedom of trade should ever be entirely restored in Great Britain, is as absurd as to expect that an Oceana or Utopia should ever be established in it.
Сторінка 305 - Our capacity to produce has developed so enormously and our products have so multiplied that the problem of more markets requires our urgent and immediate attention. Only a broad and enlightened policy will keep what we have. No other policy will get more.
Сторінка 305 - A system which provides a mutual exchange of commodities is manifestly essential to the continued and healthful growth of our export trade. We must not repose in the fancied security that we can forever sell everything and buy little or nothing.
Сторінка 305 - If perchance some of our tariffs are no longer needed for revenue or to encourage and protect our industries at home, why should they not be employed to extend and promote our markets abroad?
Сторінка 137 - Our interests are at bottom common; in the long run we go up or go down together. Yet more and more it is evident that the State, and, if necessary, the nation, has got to possess the right of supervision and control as regards the great corporations which are its creatures; particularly as regards the great business combinations which derive a portion of their importance from the existence of some monopolistic tendency. The right should be exercised with caution and self-restraint, but it should...
Сторінка 453 - PROF. CHARLES A. BULLOCK, in the American Journal of Sociology. " Probably no man has a better claim than Professor Ely to speak with authority on the industrial movement." — Tribune (Chicago). " Suggestive, explicit, and, in a word, a capital text-book for the student or for the man of business.
Сторінка 71 - There is probably no one thing to-day which does so much to force out the small operator, and to build up those trusts and monopolies against which law and public opinion alike beat in vain, as discrimination in freight rates.
Сторінка 454 - ESSAYS ON THE MONETARY HISTORY OF THE UNITED STATES. By CHARLES J. BULLOCK, Ph.D., Assistant Professor of Economics, Williams College. SOCIAL CONTROL : A Survey of the Foundations of Order. By EDWARD ALSWORTH Ross, Ph.D. COLONIAL GOVERNMENT. By PAUL S. REINSCH, Ph.D., LL.B., author of " World Politics," etc. DEMOCRACY AND SOCIAL ETHICS. By JANE ADDAMS, head of " Hull House,
Сторінка 154 - That combinations and conspiracies, in the form of trusts or otherwise in restraint of trade or production, which by the consensus of judicial opinion are unlawful, should be so declared by legislation uniform in all jurisdictions, and as to all persons, and such statutes should be thoroughly enforced.
Сторінка 123 - ... sleight of hand by which the marvel has been produced, the key to the riddle which has amazed and alarmed the nation. If these combinations were deprived of special and exclusive rates there is little doubt that they would be shorn of their greatest strength and lose their dangerous supremacy. Indeed, I think it scarcely too much to say that no alliance of capital, no aggregation of productive forces, would prove of real or at least of permanent disadvantage if rigidly subjected to just and impartial...