Idaho news. (Blackfoot, Idaho) 1887-1891, 1889-06-15
The oue,t on OF Tru is.

made q com AA@---fs+ y
character Of the trusts existing IL INC
direreut countries Of the world. Ae-
cor8ipg 70 this compilation Germany
loads al the other nations In the num-
Der and power Of her trust while tne
United States comes ueNttn order win
bnt few less III number and with
every prospect OF shortly ou'siripping
,II rivals. = the ratio Of increase here
L FAR ahead Of that Of our slower NOV
ing European rivals.
Our Austrian contemporary has
also discovered that ten trusts have ex-
tended their operations beyond The ter
ritory OF the countries 10 which they
originated and have thus assumed 40
international character They ARE -
consciousness more important and less
under the control d legislation than
the other monopolies Trusts have
been found 10 exist in all European
countries. in parts OF Asia and Japan.
They are beginning 20 creep into Mex
leo and have already gained aFm
foothold ID South America.
Itis evident from the enterpr lse o.
the Austrian journal that the trust
question i one in whieh the whole
world Is Interested. and from the gem
eral spread OF the system i j. equally
evident that the causes governing tbeir
formation are common 70 all countries
and arr based on conditions that exist
With greater or less strength ln every
part 81 the world.
some journals have recently attrion-
ted thu trust mania 10 Legislative con-
dltioaa. such a. the existence q pro-
tectlys tariff. the granting o. hcanties
or other government measures affecting
the value of commodities. This il not
the view 81 the case. however, that
offers the most plausible explanation q
the existence and the rapid growth ~
these 1nonopolles; n fact. this i proyea
by the knowledge that trusts flourish
equally veil Ia countries where no pro-
tective tariff exists a. In those which
have such a system.
The real cause Of the formation 81
the inany trusts that have spruns up 81
late years 4 the keen competition that
has come Into vogue owing 10 the prin.
clpal articles o. consumption Ths
anxiety 70 dispose OF the accumulated
supplies has 20 cut down the margin o
profits THAI the various Industries have
been forced 10 combine 70 aecare a.
least living margin 81 gain. Thh
necessity and the lessons learned srutr
Il have enabled the richer aud NOR,
powerful elements If trgaiH 70 form l
more perfect species 81 combination -
which not only the sale Of thc LEADING
commodities has been controlled. ba
the production a. welt This latter d.
scriptlou Of combination i shat &
known under the name Of trust.
The trusts By aggregatng inmens.
sums ot money have bern enabled q
eHcctually shut out competition and b,
systematic destruction Of the weake
elements in the principal industssc
have gained complete control oi all ID
leading commodities One % tho prtr
cipal features % the trust system 4 III
care that "a taken to keep a. FAR heynu
the control Of the iav rs possible. hruc
most Of these organizations have n
corporate existence and are. therefor
not liable 20 the penalties 70 which eot
I nora tfaya urp urr,nn1lf.,
While trusts hayo boon as rui
emincutly successful in accomplishing
the objects for which they werc form
cd, they have not always succeeded. a
has been recently demonstrated IN Ia
case Of the great copper trust. whicI
j. one Of international importauc,
This combination. following the Eeugr
al practice cndeuyorcd 70 secure cor
/ troll Of the entire copper output u IN
: world. The production. however. cor
. tinued on larger scale than was nj
I ticipated, hence the trust found itscI
/ saddled with load too heavy for il /
? carry, and thus was forced to sue
cumb.
Although trusts have become yer
, unpopular. Il Is possible that thcy wi
, nevertheless be permitted TO coutiuu,
, as they arc unquestionably the outcom
Of the requirements Of the times. /
I however, they are TO DO permitted
continue, Il Is Imperative that som
thing should be done IN the way
legislation to limit their power With
Z proper bounds. and to compel I'll
/ abandonment Of the present system
I shirltiug all corporate powers and lega
restraints. New Orleans picayuap.
+aal--a-=4. .-ss4.4a4--4
Micro cooic Pictures.
The Microscopical Journal sava n,