Excerpt from The Control of Trusts This book advocates a third course; namely, regu lating competition. It would cut off entirely an ab normal type of it by forbidding and repressing the cut throat Operations by which the trusts Often crush their rivals. Further, it would remove the special induce ment to such measures and thus create a condition in which competition of a tolerant kind would rule business life. It gives reasons for believing that this result can be reached with no disruption of the business system. 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.

Excerpt from The Control of Trusts: An Argument in Favour of Curbing the Power of Monopoly by a Natural Method The purpose of this little book is a modest one. It does not attempt to duplicate work which has been well done by others. It contains no history of trusts and no description of the forms that they are now taking. It refers the reader to the works of Professors Jenks, Ely and Von Halle, and to the reports of the Industrial Commission, for facts concerning these consolidations and confines itself to the one object of advocating a certain definite policy in dealing with them. It is the policy that relies wholly on competition as the regulator of prices and wages and as the general protector of the interests of the public. It welcomes centralization, but aims to destroy monopoly, and to do this by keeping the field open to all independent producers who may choose to enter it. 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.

Excerpt from Control of the Market: A Legal Solution of the Trust Problem I have been advocating for many years the regulation of the trusts by law, rather than the persistence in the attempt to destroy by law these aggregations of capital. For I have come to believe in the control by the State of all businesses which have outgrown the regulation of competition. I do not mean by this that the State should undertake to order the conduct of all businesses, which it is apparent would be one form of socialism. Regulation of this extreme sort will be confined to those businesses which are affected with a public interest. But it seems certain that other businesses than those now within this classification will eventually be brought within it. And the thesis will be defended in these pages that all businesses which have a virtual monopoly, firmly established in the nature of things, are so affected with a public interest as to be within the class of callings which are considered public employments. 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.

Excerpt from Truths: About the Trusts The trust question is a question of which we may truly say that it will never be settled until it is settled right, and it will never be settled right except by eliminating the evils of combination and retaining the benefits and advantages of combination. All the exponents of high finance or low finance, of big business or little business who affect to desire to see business activity encouraged and business conditions settled, must make up their minds to see first the trust question settled. If all those who profess to want to see business conditions settled will earnestly and honestly endeavor to have the trust question settled, an intelligent solution of the trust problem will be speedily secured. In any rightful and, consequently, in any permanent settlement of the trust problem, we have to consider the retention of the benefits of combination quite as much as the elimination of the evils attendant upon combination. 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.

Excerpt from The Management of Trust Property Under Massachusetts law, stockholders of trust companies are liable for assessment up to the par value of their stock holdings. The capital of the Old Colony Trust Company, there fore, carries with it a stockholders' liability of another Thus the capital, the surplus and the stockholders' liability amount to $20, 000, 000, which guarantees absolute protection to all trust beneficiaries. 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.

Excerpt from The Control of Trusts This small work has incorporated into itself one that is older and still smaller. It is a joint production, in that one of its two authors has contributed the earlier work, the other has contributed most of the new material, and both have participated in the revisions demanded by rapid and recent changes in the business world. The purpose of the work is entirely constructive, since it advocates a positive policy for controlling trusts. It aims to show that certain measures having this end in view are in harmony with modern tendencies and are well within the power of the legislator and the executive official, and that they give promise of ensuring what the public needs, namely protection against abnormal prices, continued increase in production and improvement in the conditions of labor. 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.