Congressional Edition Volume 6103

Congressional Edition Volume 6103

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1912 edition. Excerpt: ...Before 1902 the plan was to destroy competition and obtain a monopoly by the enforcement of drastic provisions in trade agreements, and from 1902 to 1907 it was to achieve the same ends by substituting corporate forms and powers for trade agreements. The success of the plan is evident. Pierre S. du Pont, in his Anthracite Powder Co Globe Powder Co Marcellus Powder Co H. Julius Smith Elec. Fuse Co James Macbeth & Co Phoenix Powder Mfg. Co Conemaugh Powder Co Enterprise High Explosive Co. Schaghticoke Powder Co California Vig. Powder Co California Powder Works Western Torpedo Co Oliver Powder Co Thompson Torpedo Co E. I. du Pont Co King Mercantile Co Mahoning Powder Co Dissolved Sept. 30, 1905. Sept. 22, Opinion of the Court. testimony given October 21, 1909, said that the du Pont Company of 1903 had then paid dividends amounting to $11,000,000 and had a surplus in its treasury of $12,000,000 or $13,000,000. It is true that many of the corporations brought into the combination were not large. A considerable number of them, possibly, did little, if any, interstate trade. It is not denied, however, that many of them carried on an extensive commerce among the States. Indeed, it conclusively appears that it is a common practice for manufacturers of explosives to ship their products, dangerous and expensive as the business is, from State to State, and for a manufacturer in one part of the country to ship his products to, and sell them in, other parts in competition with manufacturers there. Shipments by the Hazard Powder Company from Connecticut to Georgia and Alabama to compete there with the Chattanooga and other powder companies are examples of interstate trade disclosed by the evidence. 148 Summarizing the facts as to the relations of the more

Product details

  • Paperback | 278 pages
  • 189 x 246 x 15mm | 499g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 123658189X
  • 9781236581891