6. Why does the public consent to grant patents or public franchises?
7. If one company controlled all the petroleum in the world, what would it consider in fixing the selling price?
8. Why will railroads issue commutation tickets?
Note.—Of the very large recent literature bearing on monopoly and trusts may be mentioned as especially useful: J. B. Clark, Control of Trusts; R. T. Ely, Monopolies and Trusts; J. W. Jenks, The Trust Problem (a summary by the expert for the Industrial Commission); J. E. le Rossignol, Monopolies, Past and Present; Report of the Chicago Conference on Trusts, 1899; Report of the United States Industrial Commission, 19 vols., 1900-2 (a mine of information).
Chapter 34. Growth of Trusts and Combinations
1. What advantages are there to manufacturers in combination? What to the public?
2. What relation has improved transportation and other means of communication to trusts?
3. Name as many economic monopolies as you can.
4. What large trusts have recently been formed?