The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-06-14
formations Of TRUSTS.
HISTORY az COMBINATIONS OF CAP
rraL FROM EARLIEST TIMES.
vita mis- - Theme Gen. Dick of
ohio. shows Their Coed and Evil
and the Necessity for Their
Regulation BY the Government

SasesaE Cis1atca 70 she intelligence.
wASErN GT~9N. June E&-ln re house
II reE-sseutatsvss t,Isg PRIOR &c Gd20GFn-
--eut. Cien- DscS. & Gaia presented some
strcng facts 1egar,ItnE ne formation &
r1ssS and combinations atcSpalAA u
Ergza-z. Ee 1rteEay covered re history
a1 combinations Eru-n the rrne ot tns
ancient Gs7e@ss AMI Romans. showing -eRt
trusts were creatures a commercial Iis-
1essi.y. 4rS ras = protective tars-S-
r-sctzsE ere development ot industry
e-nrl ire wurx as ne Individual. -, n
20 re formation Il partnerships. 2ter 70
CORPORATIONS ard still more r~cerSv "
E7e larse combinations. ~ showed taa,
-1ey existed in England hundreds of years
2ep- Gen DtcS ci&ir-s thSt ere cornoinA-
tiuuS ~ rDs5ay are. after all. only cnrpeTa-
tsozs on a lsrxe scale. rhey ara c:,zEees
n ssre. cuz mas IN TORN They ara ras
slightest development e the Capitalization
sgiez manifested n capita, and industry.
and the evolution ~ modern c0mnsFce
ard trade
Cs@n- rsck then proceeded 20 give a l1st
u Some Of the Arrest combinations r,st
aaG been termed n Great Britain n ~
cent years. rsese cuncerns mad combined
tts businesses q ~ ii-srsnt -nanutac-
tGreFS, wltn a capital 81 5-sss.s@ gp3'gnJ,s
sgeHlEE- re- history * each romasna-
u0m * gwen N detail showing sine
=
q ire constituent companies. facts as 80
2iriNerzs- earnings S0-.u 1t- and prunt
lfsG scsSA These include q hiStnry of tAa
British salt trUst. 1ae aigah trust. an she
Inherent Forms of try goods trusts. ard
big t-zst< fer supplying manufactures
gsth cosl anG oghr- sgch prudNlcts-
lHTarr2osy t1e object q he British
-TsESs g stated 10 - he avoidance "
competition chs resiuction u osst r, shin
a7eat- t.NaIso rsses IN management ard in
eT.ass''s eT11csezecy The facts supplied are
taSsn from re 9r-cial reports x he iif-
f@rsnr esraps mics watch n EnSiand ara
available 20 stuc srutsierS 4pWn ghe paw
r1eHt II a small fee. bat which inforrrs-
1ssn Y ,nHs country - guarded with the
1t1toSr seCrscy
Not the Product OF Protection.
Continuing. Gen Dlcx said: In a ~ort.
fr'es Trade England aas completely gune
over Ho. an1 hssur1e intaxicAtaj WITH The
- .nAI'as- nat ss2ca combinations II
eaptta. N fnzt country ars not he crea-
aoE ~ a protective cart- = sels-evtfart
E0g4iSn avs coup~} me giving at iufer-
nation r0 stockholders In a -VIr-~ory.ftgY,
pom The payment II Zee u 1 shilling
% eertsf they aan earn az any ttry,.. IRE
accurate financial condition Of the eoFTa-
2a.ieS N whieti they are Interested. Bur
and m nv apant0n. there shoHsd ne
Another point rhat Is worth conStf-
Grafton L. this. We are aow camp@ile3 n
Striving TOR sfasre ~ me worlds ear.-
nerve. 90 nase oar xuesiS q Sucn A .,asI-
ny and az $tErn e DFsre Ehas ian rBFr1-
pete Win th~ manufactures made " thas.
ElEg ts1 trusts. AMI tisas eorau-etfrior viii
increase. DOT decrease n order then. To
Saep 1Gr factories busy ami 70 employ
cur .ahnr, snieh Is the greatest cunsurr1-
er of me products 0g our mines Forests
and f1etoFre<. mast not We also zaopr
conditions similar 70 hose N vogue 4,
nat great Industrial cOnntrv ~airh nes
Always maintained its gururs~rrtal sig-
prsrnacT n every quarter II the x5Qb~r
assuming tSat We must SO sAts 7 No.
iste "a and VII advocate t1- u-oper -sgll-
lEsf0n ~ ar Of eur garxe ~orrotnstirr. ~
espirai ~ la~. We must preserve n rfs.r,
whatever Is good ard 2dvantag-osss q, th.s