Truths: About the Trusts (Classic Reprint)
- ISBN-10
- 0656386983
- ISBN-13
- 9780656386987
- Category
- Business & Economics
- Pages
- 54
- Language
- English
- Published
- 2018-02-12
- Publisher
- Forgotten Books
- Author
- William Randolph Hearst
Description
Excerpt from Truths: About the Trusts Sive to be able practically to control production and prices. Nearly all trusts are formed with the definite Object and intention of controlling production and prices. The evils of the trust lie largely in the abuse of this power to control production and prices. Limitation of production means limitation of the creation of wealth and also limitation of the employment of labor, which is limitation of the distribution of wealth. The power to fix prices means the power to fix prices too low for a competitor or too high for the consumer. It means, first, coercion, and then extortion. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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