Combinations Their Uses And Abuses With a History of the Standard Oil Trust a

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Combinations Their Uses And Abuses With a History of the Standard Oil Trust a
S C T Samuel Calvin Tait Dodd
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Some of the bills presented here, and some of the arguments in their advocacy would have you forget all that has been learned for a century and adopt the laws of an age when business in its modern sense was unknown ; when the iron hand of Government not only controlled but paralyzed trade ; when workingmen were slaves prohibited from acting together for their own benefit ; when the leaders of political combinations which undertook to influence legislation, whether wisely or unwisely, were behea...ded as traitors. Before doing so, contemplate what such a thinker as Buckle, Vol. I. , p. 277, says of those old laws : " Every European Gov- ernment which has legislated respecting trade has acted as if its main object were to suppress the trade and ruin the traders. Instead of leaving the national industry to take its own course it has been troubled by an interminable series of regulations, all intended for its good, and all inflicting serious harm. To such a height has this been carried, that the commercial reforms which have distinguished England during the last twenty years, have solely consisted in undoing this mischievous and intrusive legis- lati n.

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