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TRUST BUSTING.

XOT POPULAR l>? U..S.A. TJeferrmg to a Congressional Investigation that la to be made into the recent fonnatum of a £4GO/jGO,OGQ baking traat, tke Ne-w York co-rtrespotifisT-t of the "Tizsee" says:—No recommendation for its di?.=olTsti«*» need be ecp*crted. Trnst-bnating''' 13 no logger a popular amTJaeme-nt in tie United Statee, for the preaeiit gKnerition 4a Interested rather in control by the taxation of proSta, regulation of price, or ev&r. —though thia 13 an extreme position—public oTrneT3hrp. Bread, railk, groceri**, Kieditobacco, cheap elotanig —these are r.r> Ic/nzer in the lianda oi small Indeper./ieist tradearnen, bat of bilge dlacoiKerris, -whirrh spra-wl o~er the entire country. The Govennnent, even if it 30 de3ired, seeais impotent to prevent th:3 developmfect, acd people generally are much more friendly to th«ae comhiri&iions to-da.j titan wm t?i<» case when President Rooaevelc tittered }na phrase aboifc "inalefaetoTa of great Treahh." It is aeen that a reduction of 'coats Las accompanied the nae of Tnodfexn industrial method.?, and if thia Jta3 meant a inereaae of proSts ifc Ba3 also hrrmght a 10-srering of retail prices, -whi.ih is all which the pab3ic seea for tKe moment. Tne ultimate • question ia whether the public is getting a fair a?jare cf the feconomdea Trhich Jiave nndonbtedly been made.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19260405.2.25.4

Bibliographic details

Auckland Star, Volume LVII, Issue 79, 5 April 1926, Page 4

Word Count
207

TRUST BUSTING. Auckland Star, Volume LVII, Issue 79, 5 April 1926, Page 4

TRUST BUSTING. Auckland Star, Volume LVII, Issue 79, 5 April 1926, Page 4

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