Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: September 28, 2025
Its low, clear tones carried without apparent effort, and there was a firmness and sincerity in every spoken word which always secured attentive hearing. "The public," he said, "has long since become accustomed to mergers and consolidations, and has naturally associated with them the strangling of competition and the creation and enjoyment, on the part of a few, of the conditions of monopoly.
But it could hardly have taken place at least at the time and in the way it did without the great upheaval of 1896, without the publicity which the "muck-rake" magazines and daily newspapers were able to offer, without the industrial consolidations of 1898 and later, and without the refusal of industry and the railways to obey earlier and less drastic laws, and their skilled and insistent attempts to find loop-holes in legislation.
The consolidations need to be carried out with due regard to public interest and to the rights and established life of various communities in our country.
The bill referred to provides that certain persons shall become permanent members of the General Staff Corps, and that certain others are subject to re-detail without an interval of two years. In making the consolidations no reduction should be made in the total number of officers of the Army, of whom there are now too few to perform the duties imposed by law.
To this purpose, we should strengthen our antitrust laws by closing those loopholes that permit monopolistic mergers and consolidations. Our national farm program should be improved-not only in the interest of the farmers, but for the lasting prosperity of the whole Nation. Our goals should be abundant farm production and parity income for agriculture.
The grandson again followed his eminent grandfather's teachings; his plan was nothing more than a repetition of what the old Commodore had done in his consolidations. During the summer and fall of 1897 the market gymnastics of Lake Shore stock were cleverly manipulated. By the declaration of a seven per cent. dividend the market price of the stock was run up from 115 to about 200.
He must be assisted by the reorganization of the freight-rate structure which could reduce charges on his production. To make this fully effective there ought to be railroad consolidations. Cheaper fertilizers must be provided. He must have organization.
Word Of The Day
Others Looking