Standard Oil Company; Trusts, Industrial -- United States
Rome banished those who had been found to be public enemies by
forbidding every one to give them fire and water. That was done by
all to a few. In America it is done by a few to all. A small number
of men are obtaining the power to forbid any but themselves to supply
the people with fire in nearly every form known to modern life and
industry, from matches to locomotives and electricity. They control
our hard coal and much of the soft,[4] and stoves, furnaces, and steam
and hot-water heaters; the governors on steam-boilers and the boilers;
gas and gas-fixtures; natural gas and gas-pipes; electric lighting,
and all the appurtenances. You cannot free yourself by changing from
electricity to gas, or from the gas of the city to the gas of the
fields. If you fly from kerosene to candles, you are still under the
ban.
The report adopted by the National Association of Stove Manufacturers,
at the Thirteenth Annual Convention, 1884, said: "While it is true
that iron is a dollar or two lower than last year, and that the cost
of labor has also been reduced, your committee is confident that there
is not a manufacturer present who can truthfully say he can afford to
reduce the price of his goods." "It is a chronic case," the President
said in 1888, "of too many stoves, and not enough people to buy them."
The match company, by whose consent all the fires in the United States
and Canada are lighted, was organized, as stated, by the Supreme Court
of Michigan, for the purpose of controlling the manufacture and trade.
Thirty-one manufacturers, owning substantially all the factories
where matches were made in the United States, either went into the
combination, or were purchased by the match company, and out of this
number all were closed except about thirteen.
One of the company, who has been a conspicuous candidate for a
nomination to the presidency of the United States, testified that the
price of matches was kept up to pay the large sums of money expended
to exclude others from the match business, remove competition, buy up
machinery and patents, and purchase other match factories. This was
told in a suit between two stockholders on a question of their relative
rights; but the court, of its own motion, declared the combination
illegal, and took notice of the public interests involved.[5]
Public-domain text, read in full here on John Shaqi.
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