The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-12-21

q the steel trade of country Through
~ OF the ore deposits Of the nation. however has
suited competition and established stable prices.
The Standard OIL trust gained it, practical monop-
oily OF the oil refining country through
the power OF the larger purchaser tho larger
railroad rebates and to force the OF drawbacks
Under this monopoly very little competition remains.
troll competition through ownership Of the .oproduc
me monopolized refneries have not attempted to
Ing nelds These have been left the hands Of indi
vdual owners. Their output by tho
wise policy Of the Standard OIL trust which pays a
very fair price to the oil producers. Relating and
drawbacks are illegal today but this does not
the Standard from controlling competition Any indie
pendent refinery. starting In opposition of tho
Standards districts Immediately finds the oil trust bid
ding up the price of oil in the oil field Conse
ouenty the Independent must pay for its
teaa The selling price OF the refined finished product
however Is lowered until there profit either
Standard or the Independent The other monopoized
districts of the Standard will profits
tho corporation until tho Independent in particular
district 10 eliminated in the manner described.
The combinations or trusts OF tho United States
have been tho logical outcome tho competition
evils nave been eliminated Others however. have re-
NAMED or have risen because after all,
onaton IN its essence is the consolidation Of the
OF tho larger and smaller purchasers certain line
Industry into that Of the largest purchaser Compet
ten may DO eliminated but special privilege remains
J - has been shown, money the greatest natural
osoroa. the ono which all other resources depend
To- their Development and through which all industry
draws IT. life blood. 10 controlled BY tho Money
Fewer.
In tho effort to counteract tho evn effects Of spe
saal privilege both in competition and combination.
old FORCE worked over has been called into the game
The ineffciency OF capital and Of labor falls most
heavily that class the existence Of which United
States Senator Henry Cabot Lodge denied called the
ultimate consumers. 1t is composed Of those
for whom productive and distributive industry
lists. the great mass OF people who work for their
daily bread In terms OF money which they in
purchasing another's products lnefficiency,
elogg1ng tho machinery OF production and dstribu-
don. makes for this class too much waste effort.
which 10 tho same saying that the power that
psuates inefency forces this class to greater efforts
their purchasing power continually declines Con.
have II their collective purchasing power
could be used effectively they would have the of
the larger purchaser and would be able to buy their
necessities and uxures at tho lowest prices possible.
Therefore, through cooperative stores and assoca-
tons the attempt Is being made in this country at this
late date organize the potentially purchasing
power of the great mass Of consumers.
American woud-be co-operators point to the
markabe of the great cooperative associations
Of consumers in such European countries England,
Germany and Denmark In the latter country. for in.
stance cooperation 10 highly developed Each
ing the Danish farmers living side roads
their marketable produce eggs Chickens butter. milk.
Ctc.. to q man who comes along with . cart BY the
time the cart has reached the main road It filled
with the side road farmers' produce. which 10 turned
. with q large wagon. This large wagon
patrols the main road exclusively and promptly picks
up oil the small cart loads along it, route. From the
place Of meeting the last cart load 10 hurried to it's
regular village headquarters. also tho meeting place
for the wagon.loads from all the main roads centerng
there where railroad is waiting it This is load
Cd With produce collected in that particular
ton about tho time this operation IL finished along
the train to which the IL attached and sent
its way In company with similarly loaded At
ether village headQuarters. Copenhagen This
city 10 the receiving point many
loads each day. Some Of tho cars switched to
freight terminals where their contents unloaded
and stored for the use OF the consumers OF CoDen-
hagen who obtain them through cooperative stores in
the CITY, Other cars switched 70 the docks where
Q large steamer 10 quickly filled from them
it, to England. great foodmporting country.
In England this Danish produce 10 received from
he steamer BY English cooperative associations which
attend 70 its distribution among their MEMBER the
consumer The loads up with English articles
OF commerce and returns to Denmark where these
distributed through cooperative channels Danish
In Denmark tho cart the wagon. the car,
the train. the local distribution in Copenhagen prac.
tically any other receiving point the DOCKS and the
steamer controlled by the through their
cooperative associations Thsy sell and they buy
through cooperative channels. exerting the OF
the purchaser the greatest possible
sharing. its benefits. proportonatey to tho
produced and consumed with another
Such European countries. however. started early
developing cooperative associations They began
fore productive industry monopolized form
these consumerowned purchasing and distributing
associations. In many cases now these asso
Citations manufacturing units in various
lines Of industry The people OF these countries,
words. have trusts combinations of the
many rather than OF the few.
American cooperators face far different situation