Dollar diplomacy, 42. Drug stores, cut rate, 31. Dumping of goods, 261 note 1.
ECONOMIC LAWS, control of, 205; under control of com- munity, 249. Economic progress, this coun- try backward in, 184. Economic rights discussed, 290. Economists of old school and
competition, 22. Electric lamps, decree concern- ing, 68.
Ely, Prof. R. T., 39 note, 48
AND EMPLOYES, competition between, 30; the two great classes, 337. EMPLOYERS, combinations of,
here to stay, 10; debt of, to employes, 172; deny interest of labor in industry, 296; fight against labor, 163; or- ganizations, 53; relations of, with employes, 158, 162; right of, to combine as against labor unions, 344 note; welded together by at- titude of labor, 128. EMPLOYERS' LIABILITY, 173; a question for actuaries, 179; changes in law of, 178; the economic view, 178; the law in New York, 175. EMPLOYES and provision for in- jury and pension, 164; as members of employers' as- sociations, 57; economy to provide for welfare of, 165; sex, age, and nationalities of,
164; wages and hours of la- bor of, 164. Encyclopædia Britannica, defin- ition of competition in, 19. Engineers' attitude toward re- duction of hours of labor,
172. Engineers' threatened strike, 302.
England, conditions in, 364; Parliamentary inquiry of 1833 in, 367.
Ethical significance, open-price policy, 122.
Ethical standards, 17. ETHICS, competition contrary
to, 13; fair trade and higher business standards and, 355; sacrificed at the basis of progress, 14; tendency of, towards higher standards in trade, 351.
EVOLUTION and social relations,
14; of competition, 11; rights of the strong against the weak and, 15; struggle for existence and, 61; survival of the rich and powerful and, 16; the human law survival of all, 16; will the fittest sur-
FARMERS are partly free to combine, 342; as capitalists, 337; as employers of labor, 338; associations of, in grain growing states, 331; coöper- ative creamery, 331; coöper- ative societies of, 33, 36, 51, 330; organization of, in Illi- nois, 37 note.
FEDERAL TRADE COMMISSION, See
TRADE COMMISSION. Firemen and engineers, brother- hoods of, 323.
Fires, losses by, 268.
Fitch, John A., 165 note, 169
note, 168 note. Fixing re-sale prices, 67. Florida Fruit Producers' Asso- ciation, 332.
Foreign trade illusion, 42.
conditions in, 368; law pro- hibiting unfair competition in, 372; number of syndicates in, 372; socialistic conditions in, 181 note.
Gilds, Medieval, 40, 109. GOVERNMENT and competition,
27, 219 note; duty of, to see that prices are maintained, 218; it should be the object of some department of, to help manufacturers and dealers, 346; maintains railroad rates, 218; method of purchasing supplies and letting contracts. by, criticized, 228; work for, bidding on, 198.
Governors and cotton grow- ers, 9.
Fraud, false representations Hadley, President, 18-20, 27, 246
ciations in, 333; vegetable associations in, 333.
Knights of Labor, 323. Knowledge, and stability of prices, 126; the basis of true competition, 94.
LABOR, aggregation of, 297; and capital, conflict between, 4; and the farmer, 338; and the industry it works for, 162; conditions of, and asso- ciations of employers and employes, 171; conditions of, twelve hour shifts, 168; di- vision of, is coöperation, 25; in connection with peak loads, 255; is free, 342; in- tegration of, a natural devel- opment, 300; interest of, in an industry, 293; opposition of employers to advancement of, 163; problem of, integra- tion versus aggregation, 293; provisions for injury, disa- bility or death, 172; scheme of integration of, 297; short- er hours opposed by certain associations of, 169; the eight hour day and, 170; troubles in, underlying propositions, 317. LABOR UNIONS, 51, 53; and competition, 8, 89; and me- dieval gilds, 40; and social- ism, 3; approved by courts, 340; as aggregates, 299; at- titude of, regarding interest of employes in industries, 296; attitude of, towards competition, 2; compel em-
strength of, 323; wages and, 295.
La Follette, Senator, 59-60-61- Macrosty, H. W., 276 note, 365. Mail order houses, 39, 60, 66; and competition, 31. MANUFACTURERS
63, 80. LAW, conservative force, 348; a federal, industrial, like Interstate Commerce Law, 215; as a rule of conduct, 168; has little meaning to most men, 347; passed to curb progress, 349; splitting hairs with, 124; to regulate instead of destroy, 341. LAWS, anti-trust, and social- ism, 4; confusion of, 76; de- mand for constructive, 274, 350; destructive, fallen into disrepute, 350; encourage brutal competition, 15; favor- ing labor and farmers' combi- nations, but denouncing manufacturers, 314; new, sug- gested, 353; of Canada regarding trusts and combina- tions, 359; of England regard- ing trusts, 354; theory of anti- trust, 28.
Legislation, constructive, 347- Levy, Hermann, 366-367. Lockout must go, 317. Lottery, business as a game of chance, 203.
Louisiana, rice growers' associ- ations in, 333; class legisla- tion in, 326.
are not free to combine, 342; caught between farmers' or- ganizations and labor unions, 34; timid, 345. Marketing organizations, 54. Market price, no tangible exist- ence, 250.
Massachusetts law against un- fair competition, 76. Master and servant notion, 57. McVey, F. L., 207 note. Men no longer wish to fight,
Methods of business changing,
MICHIGAN, class legislation in, 327; Grape Growers' Associa- tion in, 330; Tamarack Asso- ciation in, 339. Middleman, 55, 64.
Miles Medical Co. case, 6. Mill, John Stuart, 20. MINNESOTA, class legislation in, 327; Farmers' Elevator Com- pany in, 333; law against un- fair competition in, 77. Missouri law limiting size of corporations, 48.
Mogul Steamship Company case, 364.
MONOPOLIES, artificial, 28; and unfair competition, 79; a few real exist, 29 note; when trusts are, 48. Montana, class legislation in, 325.
Nature is merciless, 15. Nebraska, class legislation in, 325; law against unfair com- petition in, 77.
NEW COMPETITION, see COMPE- TITION, NEW. North Carolina, class legisla- tion in, 327.
Ohio, class legislation in, 327. One-price policy, 57, 113. OPEN-PRICE ASSOCIATION, 105, 122, 151-156; advances the in- terests of the public, 227; by buyers, 153; and labor, 110, 166, 172; better prices not cer- tain under, 152; blanks used, 144; brutal buying, 190; Com- mittee on Relations with Em- ployes and, 164; complaints, 140; control of manner of bidding and, 198; control of prices and, 227; danger ahead of, 109; deals with actual transactions, 126; definite economic method, 122; de- mands concerted action, 120; discussion of business, 139; distribution of information, 134; effect of, on competition, 103; ethical significance of, 122; experiment worth trying, 107; failures of, 155; filing of
contracts is the final step, 139; formed for not less than one year, 146; form of organiza- tion of, 132; frankness and truthfulness, 161; industrial exchanges, 106; legal, 125, 345; means a higher individ- ualism, 151-156; means stable prices, 115; means that sellers and buyers coöperate to con- trol fluctuation, 228; method of operation, 132; notification of revision of bids, 136; not like old line pools, 127; open bidding, 135; order of busi- ness, 147; parties interested, 108; pension and workmen's compensation, 188; promotes fair, uniform, and stable prices, 218; promotes har- mony between employer and employe, 163; publicity, 148; record of proceedings of, 149; relations among mem- bers of, 158; relations of, with competing plants, 160; relations of, with employers and employes, 162; relations of, with customers, 190; re- lations of, with sellers, 203; relations of, to the public, 158, 225; results of, 114, 150; retail trade and, 110; revision of bids not fair to customer, 137; secret advan- tages and, 141; small manu- facturer and, 113; some of the difficulties in organizing, 142; steps to establish, 128; suppression of unfair prac- tices by, 218; the big fellow
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