Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1890-09-03
The Trust crop.

New Activity IN the Growth of Trusts-Four
New trusts All at One and High t-rotect-
i've Duties to Help Them Irusts, Like
Mckinley, Do Not Want Cheap Times.
Trust-making and tariff-making go on
with equal force. While the high tariff
carnival advances in Washington pro-
tected manufacturers are getting to-
gether" to reap the full benefit that the
new tariff law viii give them.
The most recent case Is that of the
satinet manufacturers VINO met in Wor-
cester, Mass, representatives being
present from nearly all the important
mills in the country AT this meeting
action was taken ITO devise plan of
consolidation similar to that adopted
by the card C othing makers 1T is
hoped, the dispatch goes on to say,
Shy close combination to reduce the
mum Der of commission houses and lessen
competition"
The second new trust is that of the
card clothing men, which will be known
under the corporate title of the Amer
lean Card Clothing Company There
are fifteen firms associated together in
this trust One of the objects of the
trust is, as stated by one of the men in
it, Ito fix up a reasonable scale of
prices" They are materially aided in
this venture by the higher protective
duties given them by Major Nick mley,
who says: 1--WE want no return to cheap
times in our own country" The trust
and Mckinley are of one mind on the
subject of keeping up prices.
A third trust is getting ready for
operations. Not long ago four of the
six manufacturers of flax twine in this
country met in New York ''to consider
the question of uniting with the whole
sale twine dealers in order to main tain
scale of prices and to prevent cutting
that has hitherto injured both parties
| An agreement was reached, which is to
/ go into effect as soon as it is signed by the
] two manufacturers who were absent.
| One of the manufacturers who was pres
! ent said that ''these two firms would
| witl4outdoubt agree to tho arrangement
! in a very short time, as the conditions
were so evidently to their advantage. p"
The fourth trust is the tableware glass
| trust. News comes from Findlay, o.,
| that all the tableware glass factories in
| the country-th rty-three in mum Der
have completed arrangements with an
English syndicate giving it the control
of the entire glassware business in the
United States. One of the first things
to be done by the synd cate, it is an
nounced, will be to shut down a num-
ber of the factories in districts where
fuel is costly. This trust also had the
way smoothed down for it by the good
Major Mckinley. lie put largely in
cd 10 In1o ,r1o
The Senate cut these down in some
cases to the present rate, and in other
cases allowed an increase somewhat less
than Mckinley had given.
This seems very appropriate time tC
pass Senator Plumb's amendment to
the Tariff bill for the admission at half
duty of all articles controlled by trusts.
Senator Sherman ought to SUPPORT that
amendment No longer than last Octo-
Der he said:
The primary object of a protoc i've tariff il
TO invite the fullest competit on by in iyid
uais and corporations in domestic produc.
| ton. III such ind1ViduaiS or corpora lOuS
combine to advance the price of the dOmes
tic product ana to prevent the free result u
open and fair competition, would, without
n moments hesitation, reduce the duties OF
foreign goods con peting with them. in ordel
to break down the combination. Whenevel
free competition is evaded or avoided by
combinations of individuals or corporal ions
the duty should be re iuced and foreign com
p ,titicn promptly invited.
One of the standard arguments fo
protectiOn-an argument reiterated tC
the point of disgust by protected manu-
facturers before the Ways and Means
Committee at Washlngton-is that pro
lection will bring about competition
among domestic manufacturers and il
) this way goods will be made cheaper
But here, in four separate cases anC
! within week or two apart, protected
manufacturers combine to prevent tn,
, very competition that they pretended
to desire. 1t only goes to prove the in
sincerity of these pleas from interested
) parties. II is against human nature
that manufacturers should wish to hav,
3 their goods made cheap, and the combi
nations to prevent cheapness these
trusts, give the ''lie direct to the shan
philan thropy that these men talk whel
4 they get before Major Nick inley.