The Making of America, Volume 3Making of America, 1906 - Inventors |
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Page 50
... competition over the greater part of the industrial field . Though a larger absolute number of industries are being sub- jected to the concentrative process , and are passing into the form popularly known as trusts , there is no a ...
... competition over the greater part of the industrial field . Though a larger absolute number of industries are being sub- jected to the concentrative process , and are passing into the form popularly known as trusts , there is no a ...
Page 51
... competition in important industries . We first need to ascer- tain the origin and economic bases of this power wielded by the oil and sugar trusts , the steel corporation , the great trans- continental railroads , and the banking and ...
... competition in important industries . We first need to ascer- tain the origin and economic bases of this power wielded by the oil and sugar trusts , the steel corporation , the great trans- continental railroads , and the banking and ...
Page 52
... competition has enabled a corporation , which has once secured supremacy in the domes- tic market , to save most of the expenses of competition , and to mature its plans for conquering foreign markets . The abnormally high profits which ...
... competition has enabled a corporation , which has once secured supremacy in the domes- tic market , to save most of the expenses of competition , and to mature its plans for conquering foreign markets . The abnormally high profits which ...
Page 54
... competition can there be stopped , the profits of the producer can be sucked by paying low prices for his goods ... competing roads , and the silver and copper mines of Colorado , Nevada , Montana , are little more than annexes of the ...
... competition can there be stopped , the profits of the producer can be sucked by paying low prices for his goods ... competing roads , and the silver and copper mines of Colorado , Nevada , Montana , are little more than annexes of the ...
Page 59
... competition , while potential competition furnishes a further genuine restraint upon the abuse of power over the consumer . Even the oil trust has small competitors over a portion of its home market , and one independent pipe line still ...
... competition , while potential competition furnishes a further genuine restraint upon the abuse of power over the consumer . Even the oil trust has small competitors over a portion of its home market , and one independent pipe line still ...
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advantages aggregate American amount average stockholding canal capital stock Carnegie Steel company census cent charter Chicago cities coal combination commerce commission competition consolidation corporations cost cotton crude oil deposits distribution dividends dollars earnings economic engineering England enterprises Erie railroad established existence fact favor freight funds important increase independent individual industrial institutions insurance companies interest investment investor J. P. Morgan labor large number less loans machinery manufacturing ment methods million monopoly national banks Ohio Ohio river operation organization output pany Pennsylvania period pipe lines Pittsburg plants policy holder present production profits promoter purchase question railroad railway refiners result roads savings secure shares South Improvement company speculative Standard Oil company Standard Oil trust supply surplus tion trade transportation trust companies twenty union United wages wealth York York Central railroad