The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-08-29

bining. everything seems "a be coming
into some form Of combination. ana
everybody seems 20 be a combine. The
competition that sim remains Is fast dis
appearing. workmen are refusing 10 com
pete for jobs Labor unions are enlarg-
ing the spheres Of their activity and
extending their operations.
The union OF the employers is Sun
stronger and more far-reaching than the
union OF the workmen. We are nov hav-
ing combination OF combinations. 1hs
United States Steel corporation r. COM
binasion Of = dozen heretofore competing
producers who themselves were combina-
tons OF stiii other producers. and these
IN turn eften combinations Of still others.
TO trace them hack 70 their Seginnings
is like discovering All the multitude OF
sources that so TO make up the volume
az the swollen Mississippi The prop
erty which the Amalgamated Copper
company now controls Was once perhaps
a thousand mining claims. each one very
likely owned in common by haif-dozen
miners The department store trust has
combined the business or hundreds 81
merchants. some portions Of which they
acquired by purchase and others In some
ether way. IL Is estimated that thu
Standard Ol company has taken. By con-
tract or by force. the business ~ ioooa
corporations and merchants in an parts
Of the union. The few present great
railroad lines OF tho country have been
made up by combinations o. hundreds %
small roads. some extensions OF others
and some competing Haes.
perhaps the pet project Of the great
American combines. has been O. control
all the ships that sail the ocean
hundred years ago there were hardly
two ships owned by the same Individual
or corporation. ana even nfty years ago
there WAS scarcely a ship owner indi-
vidual or corporation that owned a half
dozen ships No one knows that within
the next ten years a greater than J y.
Morgan WI arise who will combine into
one organization all the industries % tho
land. SC that the workman who works
for wages con ind but one possible en-
ployer. and the purchaser OF wares hut
one possible seller. The steps toward
the formation II one universal indus
trial corporation which shalt crowd al
other corporations and assume g. Itself
all the industries ~ the land have air~ady
been more than half taken 10 - not
80 far 70 50 from now - that end as
We had 10 reach present Industrial con-
ditions
a monopoly is economically desirable.
that IT, FOR The monopolist The United
States Steel corporation can prodscs a.
matter wh4s 81 sells them for. IS goods
cheaper than TIE el.snents ous % who's
the combination - composed ever pro-
dtfre1 them Thu Standard OF company
s. eaaaascany holy for II pay. Forty
20 .ent Dividends The sugar trust %
,e1lY correct for whereas ttrs ~
M sugar reansrs los; money On
equalization the sugar trust pays
dividends on a large capifaiirstfoB.
rhe railroad combinations are eco
oaicailY' impfegnabls. fof thsy psy r.
Hr NorEans shipping trust ana Mr..
schNsbs shipbuHdlnE tTust are failures.
they are exceptions 90 the rue We esn-
rot. therefore. rely or natural forces IN
ne laws q supply sno demand. ~ On
economic conditions - liuii the growth
- ->>1ern Combinations gf thy are ar
6esirs be- g the people - The Amsgtesa
nation Nouia 30 better on without fhsn
or with liuiitafions pat On them. hey
must pst ;heae limitations On ~ To-
action ~ their Iegislafgrss. th~ir con
gr~ss ard their courts me Asneftess
haT must act. ard ths AueTtesn BAR as
soeisfion rnuss take The issf.
II the northern securities cofpors~
ton had heeu allowed 20 e. GA. she nszt
ihtaE 20 foii0~ = void Dst1Fziig hass
been a United States ssciisifias esus-
uany which waale bad q nrs sgffig q
fhe STOCK - rs=rF - road ansrs re
t.-.a,l.-s- &C. g.