History And Government of the United States for Evening Schools

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Within the past ten years single corporations have grown until their capital stock and bonds have reached not merely fifty or one hundred million dollars, vast as such sums seem, but even half a billion, a full billion, and in one instance a billion and a half of dollars. This repre sents more than the total wealth of the United States in 1800. The human mind can scarcely realize such sums. 1 Labor Unions. While this movement has been going on upon the side of capital invested in business, an e...qually im portant movement has taken place among the laborers, who have combined in unions to protect themselves against small corporations, while the unions have combined in amalgamations to protect themselves against the great corporations.
Strife between Labor and Capital. The last few years of American economic history have witnessed many struggles be tween the capitalists on one side and the laborers on the other. The Constitution guarantees to protect all forms of private property. At the same time, it is an essential principle of American democracy that the citizens are equal in rights and opportunities.


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