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In the long run every social organization must obtain the sanction of public opinion if it is to become a recognized institution, and in a democratic country like the United States no trust can become so independent or monopolistic that it can afford to disregard the public will and the public good, as certain American corporations have discovered to their grief.
A pirate in Skopje is in direct rivalry with Bill Gates, depriving Microsoft of present and future revenue, challenging its monopolistic status as well as jeopardizing its competition-deterring image.
The contest, however, between the two groups was not over. The monopolistic landowners and their merchants had the upper hand from 1086 to 1102, but then the advocates of the policy represented by Wang again came into power for a short time.
The nation should assume powers of supervision and regulation over all corporations doing an interstate business. This is especially true where the corporation derives a portion of its wealth from the existence of some monopolistic element or tendency in its business.
In part, it has been due to the high fees charged for Literate services, and to what seems, to many, to be monopolistic practices. But behind that is a general attitude of anti-intellectualism which is our heritage from the disastrous wars of the Twentieth and Twenty-first Centuries. Chester Pelton has made himself the spokesman of this attitude.
I am here repeating this argument this exposition because the financial absolutism of the Prophets of the Church has since ruined the whole Mormon experiment in communism, put the Mormon paupers into the public poor houses, used the tithes to support the large financial ventures of the Prophet's favorites, and turned the Church's "community enterprises" into monopolistic exploitations of the Mormon people.
If there is any meaning in the things I have been urging, it is this: that the incubus that lies upon this country is the present monopolistic organization of our industrial life. That is the thing which certain Republicans became "insurgents" in order to throw off.
This merciless man of money, this ogre of monopolistic corporations, this human juggernaut had crushed her father merely because by his honesty he interfered with his shady business deals! Ah, why had she spared him in her book? She felt now that she had been too lenient, not bitter enough, not sufficiently pitiless. Such a man was entitled to no mercy. Yes, it was all clear enough now.
The Roosevelt plan is that there shall be an industrial commission charged with the supervision of the great monopolistic combinations which have been formed under the protection of the tariff, and that the government of the United States shall see to it that these gentlemen who have conquered labor shall be kind to labor.
To avoid this danger, we must curb monopoly and provide aids to independent business so that it may have the credit and capital to compete in a system of free enterprise. I recommend that the Congress complete action at this session on the pending bill to close the loopholes in the Clayton Act which now permit monopolistic mergers.
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