Arizona republican., 1914-12-14
BUILDING DIRECTORY
and Building Suppl, Houses of Phoenix

policy for our government to sup
port"
Various phases of the work of in
vestigating commercial conditions in
the United States are reviewed at
length.
The important work which con-
gress assigned in collecting costs of
production of articles subject to i'm
port duty has been actively carried
on in two branches of industry A
survey of the earthenware pottery
industry in the United States and
Europe has just been completed, and
most practical and valuable results
fhave been obtained. over ninety per
cent of the American potteries We're
investigated. and no more complete
study of an industry, it is believed,
was ever made A similar study of
the great clothing industry is now
i'm progress. The committees of CON
gress will find in such reports the
essential facts in regard to an indus
try necessary to intelligent legisla-
ton on tariff matters. Such facts
have heretofore usually been avail
dlblt iOl IIoln Il misunderstood govern
mental source but from those whose
interest might lie either in increasing
or lowering tariff rates. The value
of such detached and disinterested
Investigations of our industries is no
longer in question. and this service
Is not alone useful in relation to
tariff legislation but is undoubtedly
Of very marked promotive value to
any industry that may be studied by
competent agents
Several Investigations commenced
by the bureau of corporations in
prior years remained uncompleted at
the beginning of the fiscal year COW
cred by this report, namely. lumber.
tobacco, agricultural implements,
state corporation taxation, fertilizer
and petroleum. Work on all except
! the last two was initiated before the
present administration.
Substantial progress was made in
all of these investigations. and ex-
cept for state taxation of corpora
tons and the last two investigations
just mentioned, they were nearly
completed during the fiscal year I'M
der consideration. A more definite
statement of the matters reported on
by the bureau during the fiscal year
is given below:
Apart from a general investigation
of certain legal and economic prob
lens relating to proposed legislation.
which included a study of foreign
legislation on trusts. etc. certain
new Investigations were initiated by
the bureau during the fiscal year.
Among the most important of these
was an investigation into the econo-
mic character and effects of the sys-
tenn of resale price maintenance. j. @.
the practice of manufacturers and
distributors of fixing the price at
which retailers or other dealers in
their products shall sell to consum-
ers or other purchasers.
THE bureau also has in contem-
plation a comprehensive study of the
fundamental problems of the eff
ficiency Of trusts, that is to say. of
the determination of the question
whether, from the standpoint Of bust
ness profits and also from other
standpoints of social welfare, the
trust form of organization was really.
as is often alleged socially and eco
nomlcally efficient. While some ten
tative work was done by the bureau
in this connection during the fiscal
year, the lack of an adequate appro-
prlation made it impracticable to or
ganize comprehensive investigation
of this very large subject. Neverthe
less, fairly comprehensive survey
OF the industrial field has been made.
which will furnish a basis for this
work if the appropriation is provided
therefor
The work of the bureau has been
so planned as to complete large
part of the Investigations now on
hand before its merger into tie fed