Modern Economic Problems eBook

Frank Fetter
This eBook from the Gutenberg Project consists of approximately 554 pages of information about Modern Economic Problems.

Modern Economic Problems eBook

Frank Fetter
This eBook from the Gutenberg Project consists of approximately 554 pages of information about Modern Economic Problems.

[Footnote 1:  See Vol.  I, especially pp. 74 and 75.]

[Footnote 2:  See Vol.  I, pp 59, 68, 70-71]

[Footnote 3:  See Vol.  I, pp. 66, 67.]

[Footnote 4:  77 Miss., 476.  Cited by Bruce Wyman, “Control of the Market,” p. 137.]

[Footnote 5:  19 R.I., 255.]

[Footnote 6:  115 Ga., 429.]

[Footnote 7:  Mogul Steamship Company v.  McGregor (L.R. 23 Q.B.D. 598).]

[Footnote 8:  Bruce Wyman, “Control of the Market,” p. 22.  In 1914 (216 Fed. 971), a federal court granted an injunction restraining the use of fighting ships by a combination, and in 1915 (220 Fed 235), the court indicated a willingness to grant a similar injunction if necessary.  Similarly “fighting brands” of goods have been recently prohibited.]

[Footnote 9:  See below, sec. 15.]

[Footnote 10:  Averrill v.  Southern Railway (75 Fed.  Rep. 736).]

[Footnote 11:  107 Minn. 145.]

[Footnote 12:  Arnott v.  Pittston and Elmira Coal Co., 68 N.Y. 558 (1877).]

[Footnote 13:  See ch. 27, sec. 16.]

[Footnote 14:  At the same time the rights of injured individuals are better safeguarded by sec. 7 of the Sherman law, permitting the recovery of threefold damages and attorney’s fees.]

[Footnote 15:  See ch. 28, sec. 9.]

[Footnote 16:  See further, ch. 30, secs. 5-9.]

[Footnote 17:  See ch. 27, sec. 15, on state commissions.]

[Footnote 18:  A few among the most important sources are the Report of the Industrial Commission, 1898-1901, 19 volumes; reports of the Bureau of Corporations on the petroleum and tobacco industries; U.S.  Supreme Court decisions, e.g., the Addystone Pipe case (175 U.S. 211), given in Ripley, Trusts, Pools, and Corporations, p. 86; the Standard Oil case (221 U.S. 1), and the Tobacco Trust case (221 U.S. 106); and the very comprehensive volume on “Trust Laws and Unfair Competition,” by Joseph E. Davies, Commissioner of Corporations, Washington, 1916.]

[Footnote 19:  John B. Clark, the distinguished professor of economics in Columbia University, has been the foremost and clearest exponent of this idea, in his “The Control of Trusts,” 1901, 2d ed., 1912, and in other works.]

CHAPTER 30

PUBLIC OWNERSHIP

Sec. 1.  Waves of opinion as to public ownership.  Sec. 2.  Primary functions of government favoring public ownership.  Sec. 3.  Economic influences favoring public ownership.  Sec. 4.  Forms of municipal ownership.  Sec. 5.  Localized production favoring monopoly.  Sec. 6.  Economies of large production favoring monopoly, Sec. 7.  Uniformity of products favoring monopoly.  Sec. 8.  Franchises favoring monopoly.  Sec. 9.  Various policies toward local public service industries.  Sec. 10.  State ownership of various kinds.  Sec. 11.  National ownership.  Sec. 12.  Economic basis of public ownership.
Copyrights
Project Gutenberg
Modern Economic Problems from Project Gutenberg. Public domain.