Every evening, Wilmington daily commercial., 1922-06-22

permit farmers To Insrlcet their goods
In groups and while safeguards are
provided intended TO prevent monopoly.
some observers declare that with the
door opened, monopoly is likely 10
rise up and control tho co-operativee.
| This law Will DO attacked In the
| courts 10 test it's constitutionsisty.
cases already being in preparation for
that purpo4e
Labor unions are declared by tho
| Clayton anti-trust law 10 Be specifcal-
ly exempt from prosecution as TRUSTS.
| But the Supreme Court, in the recent
| Coronado case. and inferior courts in
| other casee, have modified this ex-
ernptiop so as TO make labor unions
amenable 10 damages where their com
| biDatious have caused loss through
strikes, in certain circumstances.
Combines Of Ancient Origin.
The tendency Of business in all
forms 20 combine against the public
In Of ancient origin. No study os the
development OF tho great industriai
corporations, and later Of tho trade
associations. can be made without the
discovery OF the inpossibility OF al
tcring profound and ironutsbis laws
o, political economy.
People Of the Same trade" says
Adam Smith, the eminent Scotch eco-
nonlst, writing generations before the
Standard on Company gas born, "sei-
dom meet together. even for nnerri-
ment or diversion, but tns conversa-
ton ends in a conspiracy against tho
public or In sorne contrivancs 10 raise
prices
, The came economist notes the pres-
ence Of n counter forcs which defeats
, indefinite 1nonopollstlc oppression. IN
=. discussing tho effects Of thfs forcs
. | upon workrnen who are members p
. a trade association. in the form OF 4
| guild or labor corporation, ne OBJ
serves: Tho real and erectual disci-
d pine which Is exercised over work
man is not that Of his corporation. but
t that OF his customers" By tnfs Il g
= meant that the public AWAY. IL in a
greater conspiracy even than the
. fradesrnan or manufacturer. Always
d seeking the article obtainasie az the
d lOveet price. the public constantly
q maintains a fight agains. tho high
o priced man or combination.
d It Il the observation OF economists
" | ~itht W4AAAI d AGb~I EhfY CpEIfCt prices
and perhaps production for a season
sooner or liter, the public WILL find a
cheaper source Of supply and break
" down the monopoly more certainly
le than legal processes can do 40.
N Students Of the rise and fall q
10 trusts point out that the notiv. ot
10 business men or tradesnen 70 Joir
nt against the public is. regarded in on
Id light. self defensive. Every man VII,
q mas something TO sell and must de
al pend for his living upon selling Il a
90 a price above what Il costs feels tina
- the buying public is In a cOnspirar-
=. directed against him IN that the publ
always Is seeking 70 find some on
who VIII sell more cheapIy.
The indications az Wash!n gton ar
- that there Will be a. never-ceasins De
en velopnent OF experiment and legiela
oI ton directed at the evil OF oppressiv
monopofes and also a. constanr cor
sh structive movement toward the prc
Is, vision Of highly efficient means OF &C
OF men OF all branches OF industry AZ
operative Industrial effort
de Lawyers, statesmen and bunnes
de watching with keen interest the ou,
he come Of the two new experiment.,
on business regulation.