References.
Anderson, B. M., Jr., Competition versus monopoly the issue of the campaign. Independent, 73: 997-1002. 1912.
Bolen, G. L., Plain facts as to the trusts and the tariff. 1902.
Brown, W. J., The prevention and control of monopolies. 1915.
Clark, J. B., The problem of monopoly. 1904.
Clark, J. B., and J. M., The control of trusts. Ed., 1914.
Clark, J. M., Rates for public utilities. A. E. Rev., 1: 473-487. 1911.
Collier, W. M., The trusts. 1900.
Davies, J. E., Trust laws and unfair competition. 1916.
Durand, E. D., The trust problem. 1915. See also Q. J. E., 28: 381-416, 664-700. 1913-1914.
Durand, E. D., The trust legislation of 1914. Q. J. E., 29: 72-97. 1914-1915.
Ely, R. T., Monopolies and trusts. 1900.
Gray, J. H., The control of public service corporations. A. E. Rev., 4 (no. 1, supp.): 18-44. 1914. Round table discussion of above, 45-68.
Hotchkiss, W. E., Recent trust decisions and business. A. E. Rev., 4 (no. 1, supp.): 158-172. 1914. Round table discussion of above, 173-195.
Jenks, J. W., The trust problem. 1900.
Knauth, O. W., Capital and monopoly. P. S. Q., 31: 244-259. 1916.
Knauth, O. W., Competition and capital. Ibid., 30: 578-590. 1915.
Knauth, O. W., The policy of the United States toward industrial monopoly. 1914.
[LeRossignol, J. E.], Monopolies past and present. 1900.
Orth, S. P. (Ed.), Readings on the relation of government to property and industry. 1915.
Ripley, W. Z., (Ed.), Trusts, pools and corporations. Ed., 1916.
*Source Book, 383-385. The Sherman anti-trust act.
Stevens, W. S., The Clayton act. A. E. Rev., 5: 38-54. 1915.
The trade commission act. Ibid., 4: 840-855. 1914.
United States Industrial Commission, Report. 1898-1901. 19 vols.
Wright C. W., The economics of governmental price regulation. A. E. Rev., 3 (no. 1, supp.): 126-131. 1913. Round table discussion of this paper and that of J. M. Clark, 132-142.
Wyman, Bruce, Control of the market. 1911.
The trade commission act. Ibid., 4: 840-855. 1914.
Questions.
1. What is the trust problem?
2. Does the public consider the growth of trusts to be good or bad? What do students of the question think of it?
3. Which one of the following views do you think to be nearest the truth and why? (a) The trust is a natural and inevitable outcome of modern conditions and is a distinct economic gain. (b) The trust is a result of special privileges and corporate abuses. (c) The trust is the greatest invention of this or any other age.
4. Would it be a good thing for society if a trust made great economies in production, crowded out its smaller competitors, and maintained prices just where they were before, dividing among its shareholders the amounts saved?