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Updated: June 21, 2025
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.
He boldly gave his position, and declared that marriage was a fetish, and that its basis on a union for life without regard to the feelings of the parties was a fountain of corruption, and was the source of the monopolistic instincts that now cursed the human race.
Impossible to say to such a man that the idea of the closed shop had been an enemy to the spread of trade-unionism in this country by its implication of monopolistic tyranny. Impossible, indeed, to say anything to Unionists whose reply to every just representation is, "Closed shop"; or to employers whose reply to every just representation is, "We do not wish other people to run our business."
Therefore, in the interest of the whole people, the Nation should, without interfering with the power of the States in the matter itself, also assume power 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.
The holder of such a monopoly a very common device at the time was entitled to collect the customs and to hope that what he collected, plus the advantage of a monopolistic control of the market, might enable him to clear a profit on the transaction. Here, in other words, was a proposal that might provide the needed relief, even some income for the company's hard pressed treasury.
With demonstrations, such as we are making here to-day, springing up by hundreds and thousands in each county and state, during the next thirty years, what may we expect? The last remaining serf will have been emancipated. The hopeless tenant and the landless farmer can no longer be found. No one can be induced to toil, for owners of the monopolistic farm.
It is not "Big Business" or "The Interests," but business in general, not monopolistic employers, but the whole employing class, against which the unions have contended and always must contend on the economic as well as the political field. Mr. Gompers and his associates, like Mr.
By strangling competition, monopolistic activity prevents or deters investment in new or expanded production facilities. This lessens the opportunity for employment and chokes off new outlets for idle savings. Monopoly maintains prices at artificially high levels and reduces consumption which, with lower prices, would rise and support larger production and higher employment.
All that we are going to ask the gentlemen who now enjoy monopolistic advantages to do is to match their brains against the brains of those who will then compete with them. The brains, the energy, of the rest of us are to be set free to go into the game, that is all.
It rules India ignorantly and obstructively; it will wreck the empire rather than relinquish its ascendancy in Ireland. It is densely self-satisfied and instinctively monopolistic. It is on our backs, and with it on our backs we common English must bleed and blunder to victory.... And you make this proposal!"
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