Sensational Concentration of U.S. Industry Is Revealed In New Book By Laidler
Sensational Concentration of U.S. Industry Is Revealed In New Book By Laidler l ««AM Mw a tta «M aObato aC I OfUS,lnduspryJsRevealed'In New Book ByLaidler < • —f T' Banking, Public Utilities...
...The congress The decUratlan in favor of mir-pointa out that, as it Is the reacequate present relief for Oermaigr, t'OQary interests in various counin the form of international longtries that profit by the injustioes time erediU without pcditlcal contained in the peace treaties, a guaranties, was of course the revision which will right them can thing that had most "news value...
...They ing forced Increasingly to the alcent of the country's steel capahave been ootatsadlng...
...Tlie congress points out that national governments are now being called upon to guarantee the solvYo« are lost If yon forget that the ency of the monster banks and fralts of the earth bdong to ah, and that the land bekmcs ts no one pvcredit corporations, and dare not soi^—BonnwsB...
...IntOierabU wrstebsaasaa «C l»-f a BCila ^ada^fao...
...aad popular despair, c*ftl aad In-iriMdIr...
...bowever.'Vould mocracy...
...lic utilities and observes a trend 34 per cent Between them they In public ulDities, one corporate toward public industries of the produced three out of every four system controls three-fourths of type%f the New York Port Aucars made in that year...
...ceatiataBV-te-tbe Ustory of the I per...
...purchase big mdustry with naThe...
...together hplof it ia too late aad lhat the aettlemant of frontian substltata aodai plaaataf dtraet^ aad related toaathma wtaicb was to thr genazal dlabfbathm aijn-impoMd by tto Tkstor atates after come, leianre, and catture for cm^ the war...
...a eaSto tba •mda tha tpaaOoa e< tatlaioB a( OMfMO* treattMi...
...One over a billion dollars...
...New mak-) it easier to maintain or in-York City...
...He analyzes the 40 per cent of the automobiles tioos now eeotrol ever 45 per defects in much of our regulatory produced in the United States and cent of the assets of tbe eou- machinery as applied today to pubthe General Motoiv Corporation, try'B aon-aa—risl eorporatians...
...smash the trusts" as in the old States Steel Corporation and the Seven years ]»ter...
...to an etleta irtai can t # maA «p i It tt tba Bp*M>a|itad sray to uadezattna tba daagw, to a«t wblob is soaBi^aMB hd*oent...
...and a Is weO enougSi for Fascists and broad program of ecmcrete meas-1 Communists to advocate this, since urea which misrt be sopported by chaos is what they desire...
...M. Keyea...
...ited...
...an afflzmatiaB of frankly racognlzed...
...monopoly increasing as the years period from iai9 to USS...
...la mining and man-with the railroads, own about Dr...
...been in operation for several years...
...affiliates do The recent movement toward dio...
...Iferely to taXth in the proletariat and hi descrap the treatlea...
...Laidler sees this trend tofactartag akme over llnn» eighty per cent of our anthracite ward large scale prodiMtion and were merged in the post-war coal...
...In .food the nation's telephones, one cor^ority, a public corporation which packing, two corporations handle poration possesses sbout three- is able to combine a social pur...
...Involves mai ^ glaxteg itaUat plaanlQg guided fajr the anomaUes injustieea wa s profit iuottve...
...In 1930, Ford turned out hmidred non-flnaacfad corpora- public ownership...
...I corporation controls over 90 per riculture, the mammoth farms in The pictne given In this book : cent of the nickel resources In the the northwest and southwest, the is a startBag one to aay one i world...
...it means the removal of baran atmosphere of home and club riers to the international organifor workers whose means are limzation of production and exchange...
...and It would release funds lowing message by cable to the tc be used for social insxirance, London Daily Herald: useful public works, and other "Congratulations upon British such purposes...
...tion and roonopoJy are significantly set forth in a 500 page '•Trnst-Smashing" la Dead ! volume by Dr...
...practically all of the sleeping cars...
...In combut this article Is already too long bination, they have both economic and too much delayed...
...eight concerns, closely allied country...
...oaly tX any effective movement on foot to In manufacturing, the United latMgtUB were aeted la 1919...
...It which this nmy be done...
...la go on...
...He is unable to discover U. S. Sted Is King Pin the pobUe otiBty leld...
...th* eaamaa did nat t«natl<»ai war...
...has such a comprehensive great corporate units which do a • picture of the extent of concen-- business Of more than fioo.000,• tration moor natural resources, now dominating the electrical field...
...j terlng interstate commerce...
...Brothertiood House proa return to the "laissez faire" polvides an imrtting place to live in, icy...
...war debts, snd with the plans for a vigorous world-wide drive for There is much more to be said, reduction of armaments...
...armaments would sUay nuitual fear and suspicion among the nations, which so l^gHy account for Sinclair Congratulates the strength of natitmalistic reBritish Labor in Stand actionism in the different countries, e^>ecially ta its popular Against MacDonald form of fascism...
...The ventiire which has cressi wage rates...
...For enThe congress welcomes the retire lifetime we have been presolve of the British government dicting bankruptcy for capitalism...
...One another dominates the field of ra' corporation and its...
...Labor's magnificent stand against world bankers' dictation...
...Let us abolish simultaneously i^ a ntmiber of gold standard, socialize credit, countries and hasten it in others...
...but not daa...
...Industry Is Revealed In New Book By Laidler l ««AM Mw a tta «M aObato aC I OfUS,lnduspryJsRevealed'In New Book ByLaidler < • —f T' Banking, Public Utilities and Agricoltnre Hare^ banks of tha eomtrr Aoid raaouroaa alsuat equal to tba o ^ Aif^ «e«m Drawi^ Into Control of Fewer 99 per cent, -ne lavMtBwat tm«$s...
...Two ternative of public regulation or| city...
...the number of banks by over 5,OOO...
...The very difThe greatest strides in concenfusion of stock ownership vrtiich tration during the last few years has been going on since the war, in manufacturing have been, but which has slowed up somewhat among other industries, in the field difring the last few years, has led of food-supplies, as -the emergence to an increased concentration of of the General Foods Corporation, control by corporation officers and the National Dairy Products Commanagers and has placed the inpsny, Borden's and the manunoth vestor, the consxmier and the workbread and biscuit companies, etc., man Increasingly under the domindicates...
...ination of the management In money and banking, the last few years have seen the develThe volume is thoroiighly anopment of the two billion dollar notated and supplies a suggestive ; corporations and the decrease In bibliography...
...Notiince John Moody's "Truth About the Trust," pubout there are no less than tan • lished a qnarter of a century ago...
...A few great holding coma large proportion of the sugar concentration, the author conpanies and investment trusts are refining business of the country...
...the Sothe political and Industrial organ-cial Democracy does not play that izations of all countries...
...reckleM < game...
...over bo per cent of the meat enfourths of tbe telegraph business, pose with marked efficiency...
...It is distinctly an emerments dominated or strongly mgency measure, which gets its sigfli^enced by the working class, nificance by being coupled with a whose intwests transcend all narenewed declaration in favor <rf tional frontiers and racial di-viscaling down of reparations and sions...
...be expected only through the maBy itself, it would not have much chinery of international law and meaning from a Socialist point of the efforts of democratic governview...
...Without taking at all the posiIs the result of the decision of a tion of the free-trade doctrinaires, group of California Sociallsta to the congress points out the vicispread the idea of communal life ous absurdity of national protecamong the workers and at the tionism m an era -tvhen every na-same time to point out that the tlon'a economic development re-' worship of private property Is as evil that results in endless strife quires the flow of investment capamong those who should be workital and of the products of labor ing in unison...
...the days, and feels that society is beBethlehem Steel possess 52 per nomber...
...In 19t...
...aa the principal fwoe not rlglit any of these wnmgs, hot and the indiapeBsahle method' by wonU he the deciding factor...
...the large private haafci Ifa^jtb— ^Ra^cd Individnaliflm'' Disproved «»w^ diain brandi banking, by Trend of Last Few Vears have lad tncressingly to eoaoeatration of control hi this ImportnpHElnosl recent trends in tlie United States toward conibina-ant field...
...but to make an energetic drive on the industrial field in all lands for BBOTHEBHOOD HOUSE the ^ortening of the work-week, A unique experiment that dewfaoee success will give employserves to be more widely known, ment to many who have been is Brotherhood House, the cooperthrown out of work and, by diative home for working i)eople, lominishing competition for jobs, cated at 324 Pleasant avenue...
...congress at the same time tional bonds, and provide plenty, cautions tbe wortdng class not to security and peace for all workrely solely on this legal measure, ers of hand and brain...
...cludes, is leading to a separation One corporation manufactures between ownership and control...
...Reduction of close here...
...The plans of the Brotherhood ia the lowering or scoring down of the operation of farms, industries and present tariff walls does not mean schools...
...000 a year...
...At present however, the authM^ potnta ; try...
...to ratify the Washington ConvenNow it Is here, and what pitiful tion, which will bring a reduction Socialists are those who try to o* real working hours mto effect revive the corpse...
...iron resources of the country...
...It must and political value...
...Is placing respcmaibillty tor manThree corporations divide the loagement upon .those who depend comotive field among them...
...The upon other than the profit inchemical and othetv industries are centive for their best endeavors, becoming increasingly concentratand Is showing that great indused...
...SaUf^toa'l^^^^^'^aaM ailBiiaaU^ mm Mgg^ig^ won lDtflMM~4B4 pi0ff^ tfn^^ifMij^-] « wa^iar that watftanwoa aa Qie tuBiataaaraa irtD brtac lOtK duwa...
...trial tmlts can be (grated under one corporate head...
...j its raw material used in the probusiness for everything that he - ai I iiiafcaJallie author, has Jost duction of domestic aluminum buys and sells, mdicate that the ' pssisJ Itosigh the tkird and Pour great concerns control the large corporation has not neglectmost exteaahre period of con-[ major part of the country's coped this field...
...it would make it easier for the creditor nations (BT S N«W LEADER CWMPMSCAT) to cut down their claims for repLOB Angeles, — Upton Sinclair, arations and payment of war SodaUst novelist, has sent the foldebts...
...exceeded 1.090...
...Another, the Aluminum development of the chain and fac' sttn Hlmtlmt to the beBef that Company of^America, possesses ovtory farmsj and the growmg deAmerica is the land of rugged er nme-tenths of the nation's bauxpendence of the farmer, on big *" liiiliiaasllai Thi raited Statea...
...One of these, the Great Atlantic and Pacific Tea - public utilities, manufacturing in-In natural resources, one corporCompany, has an annual turnover • dustries, banting, retail distrtbu-ation owns more than half of the in Its more than 16,000 stores of ' tion and agriculture been present...
...Included in the to and from other countries...
...Already one per cent of the The poUtlcal pro^laa of nianUnd b ta eombhie three things: EooBonle effloleney, asctaf serriee, and tndMdaal liberty.—J...
...Harry W . Laidler, Exeoitive Director of the When Moody wroU his book about the trusts, practicaay no League for Industrial Democracy and—President of the National trends were to be noted toward Bureau of Economic Research—published Monday by Thomas the development of the great corY . Crowell, under the title "Concentration in American Indus-poraUon in retaU distributkm...
...Even ia ag' ed In any one volume...
Vol. 13 • September 1931 • No. 10
