Dawes, C. G., and trade agreements, 67 Dick Mimeograph Case, 54, 75 Dodd, S. C. T., defines Trusts, 2, 3 Durand, E. D., on treatment of Trusts, 154
Economic peril, and Trust policies, 14, 37 Eddy, A. J., his The New Competition, 5, 6 Electrical industries, investment in United States, 58 Ely, R. T., definition of monopoly, 49, 50
England, and Trusts, 147, 150-152 Engrossing, offense to trade, 79, 80
Erickson, Halford, on valuation of utilities, 105, 106 Europe, policy toward Trusts, 151
Factors' agreements, 74, 75
Faith, dynamic in industrial growth, 99 Federal acts in regard to Trusts, 86-96 Federal anti-Trust policy, 78, 82-96
Federal Government, as guardian, 169
Federal Trade Commission, Act, 82; and investigations, 86, 87; purpose, 95; feature of the Act, 44; powers, 169, 174
Fitch, J. A., on collective bargaining with labor, 161 Flint, C. R., on success of industrials, 141, 142
Foote, A. R., on modern industrial competition, 6, 7 Forestalling, offense to trade, 79, 80
Gary, E. H., and steel investigation, 23, 24
"Gentlemen's Agreement,'' 99, 72
Germany, combination and trade, 3, 4; agreements in re- straint of trade, 67; and Trusts, 147-150; Potash Trust, 156
Globe Naval Stores, agreement, 70
Gold, Prices, and Wages, 2, 116, 161.
Great Britain, competitive freedom in trade, 3
Hadley, A. T., and monopoly prices, 51
Haney, L. H., on industrial service, 130, 131 Hatch, A. F., on causes of Trusts, 11
Havemeyer, H. O., and cause of Trusts, 53, 54 Hicks, F. C., and price-making groups, 49 Higginson, H. L., on critics of Sherman Act, 154
Hobson, J. A., defines Trusts, 2; on meaning of growth of Trusts, 116; on bargaining for labor, 160; 161 Holding companies, their rise, 13; supersede community of interest, 25; refinement of corporate compounding, 33; right and wrong in, 60-65; refuge for Trusts, 62, 63; control of public utilities, 63, 64; supplant pools,
Holmes, Justice O. W., and railroad rate discrimination, 11; and shoe merger, 55; and price-cutting, 122; on competition, 170, 171
Holt, B. W., and cause of Trusts, 53, 54 Homer, F. T., on public utilities, 57, 63, 64 Hughes, C. E., and Anti-Trust Act, 85
Individual business vs. corporation, 120, 121 Industrial Combinations and Trusts, 70
Industries, consolidation of, 15-17; distribution of, and prices, 24, 25; basis of industrial liberty, 48; electrical in U. S., 58; five large, prosecuted, 86; faith in Amer- ican, 99; profits of Trusts, 134-137; efficiency of com- binations, 137-142; large, and labor, 142-146; contrib- utors to the cumulative value of products of, 158-160 Ingersoll, W. H., on large-company business, 121 Interest, service of capital, 131-134
International Harvester Company, case, 79, 86; investiga- tion, 88; larger profits, 135; and foreign business, 156, 157; and welfare work, 163
Interstate Commerce Act, 82; and pooling agreements, 71, 72; and grant of powers, 95, 96
Investment Fund, The, 161
Investment, supply of, 98-100; in trust securities, 133 Iron and steel mills, consolidation, 16
Jenks, J. W., on prices, 119
Joint Traffic Association, Trust case, 25, 28
Knight, E. C. Company vs. the U. S., 13, 27
Labor, union, 5; union, causes of Trusts, 12; associations exempt from Anti-Trust Act, 96; organized, relations with large industries, 142-146; shares in value of prod- ucts of industry, 158; bargaining for, 160, 161; and national dividend, 162; and public arbitration, 164-167 Law of Unfair Business Competition, 32
Mail-order house and retail merchant, 121
McReynolds, Atty. Gen 'l., on Trust dissolution, 91 Mead, E. S., on the promoter, 98, 99
Merchandizing, unfair, 120-122
Michigan Lumber Dealers' Association, pool, 70, 71 Miles Medical Company, decision, 75 Mimeograph, Dick, Case, 54, 75 Misrepresentation, and prices, 122-125 Money, control, Pujo investigation, 87
Monopoly, advantage to by rebates, 11; private, 30, 31; value of monopolies, 46; and public sense of right, 48; law and limits of, 48-51; defined, 49, 50; power over market, 50; price-making power, 51; elements, sources of, 52-56; and patents, 54, 55; and public utilities, 57, 58; holding company power, 63; application of the term, 78; offensive practices, 79, 80; recent legislation against, 94, 95; trend of legislation regarding, 97; so- lution of the problem, 171-174
Monopolies and Trusts, 49, 50
Morgan, J. P., on money and credit, 110; and labor, 144 Municipal ownership of public utilities, 57, 58
National Asphalt Company, speculative value, 52 National Cash Register Company, and welfare work, 163 National Cordage Company, pool, 69, 70; and Anti-Trust Act, 84
National Harrow Case, and patents, 55
National Tube Company, and Steel Trust, 9
National Wall Paper Company, formed, 73
Natural resources, owners of, share in value of products of industry, 158
New Competition, The, 5, 6
New Haven railway, Anti-Trust Case, 29
Neystrom, P. H., on price discrimination, 124
Nims, H. D., on unfair competition, 31, 32
Northern Securities Company, Anti-Trust Case, 25, 28; type of compounded corporation, 33; Judge Brewer's statement, 80
Old Law and New Order, The, and solution of Trust problem, 168
Organizer, of means of production, 158, 159
Pacific Coast Plumbing Supply Association, in restraint of trade, 42; decree regarding, 94
Packing industries, 136, 137
Panic of 1873, 15
Patented articles, price-fixing decisions, 75, 76
Patents, value as special privilege to combinations, 54, 55 Pipe lines, help to Standard Oil, 45; cases before court, 45; getting capital for, 98
Pittsburgh Plate Glass Company, a monopoly, 53
Pooling associations, trade agreements in U. S., 67; for fixing prices, 68-71; agreements, why failed, 71-74 Powder Pool agreement, 71; Trust Decree, 94 Price control, consolidation for, 14-17
Prices, fluctuations of, 22-24; in competitive business, 49- 50; affected by amount of products, 52; of glass, 53; irregularity in, 72; of patented articles, 75, 76; dis- criminations in, forbidden, 95; under Trust regime, 112-128; course of wholesale, 112-115; stabilizing whole- sale, 117-120; unfair merchandizing, 120-122; price-cut- ting unfair, 122, 123; quantity and misrepresentation, 122-125; price-making forces, 125-128; and interest cost, 131, 132; stability and labor, 144
Problem of Monopoly, 4, 39
Production, economics of, cause of Trusts, 11
Profits on industrial Trusts, 134-137
Promoter, work of, 98; and profits, 99-102
Public commissions, as business umpires, 164-167
Publicity of accounts and profits, 165, 166
Public, the Investor, and the Holding Company, The, 57 Public Policies as to Municipal Utilities, 65
Public utilities, regulation of, 56-58; principles outlined by American Electrical Railway Association, 59, 60; control by holding companies, 63, 64
Public welfare, adjustments of Trusts to, 162, 163 Publishers Association, agreements and court decision, 76, 77
Pujo Money Trust Investigation, 87; on money and credit, 108-110
Railroad Promotion, 103
Railway domain, extending control over, 25-29
Railway, rate discriminations, a cause of Trusts, 10, 11,
Rate control, cause of Trusts, 17, 18; and Standard Oil contract, 20
Rate of supply, retardation of, 115-117
Rebates, causes of Trusts, 10, 11, 17-19 Redfield, W. C., on big business, 140, 141
Reed, R. D., restriction of state charters of interstate companies, 47
Regrading, offense to trade, 79, 80 Regulation and monopoly, 46-65
Re-sale contracts, 74-78, cancelled by Supreme Court, 76,
Restraint of trade, combinations in, 28; in commercial practice, 66-81; cooperative agreements, 66-68; agree- ments in Germany, 67; rule of reasoning, 78-81; uncer- tain interpretation, 80
Retailer vs. corporation, 120-122
Risks, pioneering, in modern business, 158-160 Roberts, G. E., on equality in essentials, 161 Rockefeller, J. D., and pipe lines, 98
Sakolski, A. M., on security situation, 100 Salt Trust, and Anti-Trust Acts, 84 Saunders, W. L., on big business, 139-140
Schwab, C. M., on the Steel Trust's advantages, 52, 53; on steel rail pools, 71
Security values, reason for loss of public confidence in, 62 Service, the new duty of business, 171
Service companies, public relations of, 59, 60
Sheet Steel Trust, capitalization, 103
Sherman Anti-Trust Act, and the trusts, 61, 76, 77, 82; summary of Act, 83-85; critics of, 154; and foreign trade, 155; and the code of fair dealing, 168 Singer Sewing Machine Company, as exporter, 157 Socialism, its coming as a social movement, 5; opposed to competition, 6
Society, cause of progress of, 171
South Improvement Company, charter revoked, 1, 18; and rate rebates, 18
Southern Railway and Steamship Association, pool, 69 Standard" Alliance, ," basis of the Standard Oil, 19, 20 Standard Oil Company, 1; and railroad rate control, 18; its ascendency, 18, 19; its unfair advantages, 44, 45; and holding company, 62, 63; decision, 80; and Sher-
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