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In some cases the Government has been successful—at least, on the surface; although its victories have often been more apparent than actual. It forced the Standard Oil Company to •dissolve into over 40 subsidiary companies, but saw, as the effects of this dissolution, the shares of all the companies rise from 20 to 40 per cent;,! aiid found that Government prosecution actually resulted in pouring millions of unearned increment into the pockets of those whom it had branded. as malefactors. The Tobacco Trust was also forced to dissolve; but its component companies seem to be enjoying .equal, if not increased, prosperity, lnn\imeral)le have been the legal battles fought over railway combines and mergers; and there has but lately been waged a mighty contest for the dissolution of the common, ownersmp and working agreement between the Union JPacinc a«d Southern Pacific Railways. .).<; ■•'..■.'; •■■■ H.-.. ;.■ .■ ' • '. ■/■;•' ■v-

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Bibliographic details

Ashburton Guardian, Ashburton Guardian, Volume XXXIII, Issue 8786, 5 February 1914

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PROSPERITY FOLLOWS PROSEC TION. Ashburton Guardian, Volume XXXIII, Issue 8786, 5 February 1914