The Making of America, Volume 3Making of America, 1906 - Inventors |
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Page 35
... question how far private enterprise was able to deal with this situation . The means by which the large masses of capital required by modern industry are brought together , is the corporation ; and we have next to examine the condition ...
... question how far private enterprise was able to deal with this situation . The means by which the large masses of capital required by modern industry are brought together , is the corporation ; and we have next to examine the condition ...
Page 42
... question naturally arises now whether this movement at the beginning was due entirely to the difficulty of securing sufficient capital by means of private enterprise . Was there no feeling on the part of the American people that the ...
... question naturally arises now whether this movement at the beginning was due entirely to the difficulty of securing sufficient capital by means of private enterprise . Was there no feeling on the part of the American people that the ...
Page 58
... of the business has enabled it to attain monopoly ? Upon the answer to this question much depends . Professor Ely , often regarded as a socialist , holds that land monopoly , railroad illegalities and tariff are the 58 J. A. HOBSON.
... of the business has enabled it to attain monopoly ? Upon the answer to this question much depends . Professor Ely , often regarded as a socialist , holds that land monopoly , railroad illegalities and tariff are the 58 J. A. HOBSON.
Page 75
... question may legitimately be asked why , in view of these circumstances , if integration is such a strong force , the roads have not already entered these fields ; why , as regards their most immediate needs , such as cars , direct ...
... question may legitimately be asked why , in view of these circumstances , if integration is such a strong force , the roads have not already entered these fields ; why , as regards their most immediate needs , such as cars , direct ...
Page 81
... questions , it kindled anxieties that un- settled the confidence of your fathers , as much as our later anxieties have unsettled yours . The change of which I have just spoken did not bring in the trusts , but it was the beginning of ...
... questions , it kindled anxieties that un- settled the confidence of your fathers , as much as our later anxieties have unsettled yours . The change of which I have just spoken did not bring in the trusts , but it was the beginning of ...
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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