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THE WORLD TO-DAY.

"Guardian" Office, February 5, 1914

In tne mind Of the average British leader a Trust Is an industrial development peculiar to the United States. This is no doubt due to the continual display in colonial and Home newspapers of glaring headlines announcing particulars of a "Trust Hunt'|, or of a variety of "Trust-Busting" on the part of successive American Governments. No law that it is possible for human beings to devise seems adequate to stay the operations of any wellorganised combination formed for the exploitation of a particular product or Sndustry. During the pa-st three (United States. Administrations . under .Presidents Itoosevelt, Taft, and Wil- : .son, the groat arm of the Federal Government lias been reaching out to restrain, and if necessary, to dissolve, .successively, each great monopoly which, like an'octopus, has fixed' its .absorbing tentacles upon the necessities of the people throughout the coun^. j iOne by ; .one law suits have .been .brought'and prosecuted against the Oil Trust, the Sugar Trust)' ihe Tobacco Trust ■, and similar organisations, or against railways'which... have, combinations or working agreements with parallel lines, or which havebought up or managed, through interlocking directorates, competing railways in order to wreck them and thus .stifle competition.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG19140205.2.60

Bibliographic details

THE WORLD TO-DAY., Ashburton Guardian, Volume XXXIII, Issue 8786, 5 February 1914

Word Count
201

THE WORLD TO-DAY. Ashburton Guardian, Volume XXXIII, Issue 8786, 5 February 1914

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