The Wall Street Point of View
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In our eReader you can find the full English version of the book. Read The Wall Street Point of View Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Wall Street Point of View
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The most important contributors to this great desideratum on behalf of the consumers have been the railroad corpora- tions, frequently regarded as each a trust in itself. And here it is appropriate to remark that these corporations, as a rule, above aU others least deserve to have any odium attached to them, for it has chiefly been through them that products of every kind have fallen so much in price, largely in consequence of the reduction in freight rates from 3 cents per ton in 1870 to about... .805 at the present time.
If the railroad corporation or trust were an octopus it would have held this important item of nearly two cents a ton within its greedy tentacles, thus realizing many hundreds of millions during the thirty years in question, and a very large amount in the years between the former period and the invention of the locomotive.
One of the most difficult things connected with the whole abstruse and vexed question of trusts is the definition of the term. So far as anything approaching a clear idea of a trust can be gleaned from the Sherman Act of 1890, which has given so much rise to controversy, it may be defined, according to the author of the bill, as "a contract in restraint of trade between the different States." The application of this definition gave rise to a good deal of dissatisfaction and controversy at the time of the decision of the United States Supreme Court in the case of the Trans-Missouri Traffic Association.
What to read after The Wall Street Point of View?
You can find similar books in the "Read Also" column, or choose other free books by Clews, Henry, 1836-1923 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The most important contributors to this great desideratum on behalf of the consumers have been the railroad corpora- tions, frequently regarded as each a trust in itself. And here it is appropriate to remark that these corporations, as a rule, above aU others least deserve to have any odium attached to them, for it has chiefly been through them that products of every kind have fallen so much in price, largely in consequence of the reduction in freight rates from 3 cents per ton in 1870 to about... .805 at the present time.
If the railroad corporation or trust were an octopus it would have held this important item of nearly two cents a ton within its greedy tentacles, thus realizing many hundreds of millions during the thirty years in question, and a very large amount in the years between the former period and the invention of the locomotive.
One of the most difficult things connected with the whole abstruse and vexed question of trusts is the definition of the term. So far as anything approaching a clear idea of a trust can be gleaned from the Sherman Act of 1890, which has given so much rise to controversy, it may be defined, according to the author of the bill, as "a contract in restraint of trade between the different States." The application of this definition gave rise to a good deal of dissatisfaction and controversy at the time of the decision of the United States Supreme Court in the case of the Trans-Missouri Traffic Association.
What to read after The Wall Street Point of View?
You can find similar books in the "Read Also" column, or choose other free books by Clews, Henry, 1836-1923 to read onlineMoreLess
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