Excerpt from Trusts, Their Uses and Abuses: Abstract From the Address of James B. Dill, Esq., Of New York City, Before the Merchants' Club of Chicago, Illinois, November Ninth, 1901
He said: If the charter of every prominent combination of capital or dominant company expressed the real intent of the organization instead of reading, 'to manufacture, trans port and market' the particular product in question, it would state as the purpose of the Company 'to Dominate in the manufacturing, to Dominate in the transportation, and, what is quite as important, to Dominate in the market' of the product.
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Excerpt from Trusts: Their Uses and Abuses: Abstract From the Address of James B. Dill, Esq., Of New York City, Before the Merchants' Club of Chicago, Illinois, November Ninth, 1901
Corporate utilization and regulation leading up to national legislation seems to be a topic of present moment.
The views of the President of the United States expressed in 1890 when Governor of the State of New York in his message to the Legislature of the State, is to-day of more than passing interest. (See page 8.)
While the abstract of the address delivered at Chicago is not without interest, nevertheless, the chief reason for its publication here is as the basis of the editorial discussion following.
This editorial comment and discussion of the leading journals from all parts of the United States, irrespective of party, is of forceful significance as showing, not only the timeliness of the topic, but the practical concurrence of the views of both corporate and anti-trust authorities to the effect that trusts should be utilized as well as controlled, leading to the conclusion, that "the trust problem is, after all, not the problem of abolishing trust combinations, but of properly applying the principles which they represent."
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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