Standard Oil Company; Trusts, Industrial -- United States
prevented independent refiners from shipping directly to the smaller
markets in barrels, as they could not be inspected there, and if not
inspected could not be sold.[395] All these manoeuvres of inspection
helped to force the people to buy of only one dealer, to take what he
supplied, and pay what he demanded. Why should an official appointed
by the people, paid by them to protect them, thus use all his powers
against them? Why?
"State whether you had not in your employ the State inspector of
oil and gave him a salary," the Louisville representative of the
combination was asked by Congress.
"Yes, sir."[396]
Throughout the country the people of the States have been influenced
to pass inspection laws to protect themselves, as they supposed, from
bad oil, with its danger of explosion. But these inspection laws prove
generally to be special legislation in disguise, operating directly
to deprive the people of the benefit of that competition which would
be a self-acting inspection. They are useful only as an additional
illustration of the extent to which government is being used as an
active partner by great business interests. Meanwhile any effort of
the people to use their own forces through governments to better their
condition, as by the ownership of municipal gas-works, street-railways,
or national railroads and telegraphs, is sung to sleep with the lullaby
about government best, government least.
This second campaign had been a formidable affair--a worse was to
follow; but it did not overcome the independent of Marietta. With all
these odds against him, he made his way. Expelled from one place and
another, like Memphis and Nashville, he found markets elsewhere. This
was because the Southern people gave him market support along with
their moral support. Co-operation of father and son and daughter made
oil cheaper than the "sympathetical co-operation" opposing them, with
its high salaries, idle refineries, and dead-heads. Rice had to pay no
dividends on "trust" stock capitalized for fifteen times the value of
the property. He did not, like every one of the trustees, demand for
himself an income of millions a year from the consumer. He found margin
enough for survival, and even something more than survival, between the
cost of production and the market price. "In 1886 we were increasing
our business very largely. Our rates were low enough so that we could
compete in the general Southern market."[397]
Public-domain text, read in full here on John Shaqi.
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