And yet the Trust produces milk more cheaply than could the independent dairymen?
In the midst of your own profit- making along comes the trust and takes your profits away from you.
By your own confession the trust machines do the work more efficiently and more cheaply than you can.
Yet you feel the pressure of other combinations on you, the trust combinations, and you cry out.
Is it not true that that known as a trust produces more efficiently and cheaply than can a thousand competing small concerns?
They advocated government ownership of such trusts as the railroads and telegraphs, and excessive income taxes, graduated with ferocity, to destroy large accumulations.
Many efforts were made during this period to organize the perishing farmer class into a political party, the aim of which was destroy the trusts and corporations by drastic legislation.
He was warmly followed by a number of the others, and the cry of all was to destroy the trusts.
When he says "free opportunity for all," he means free opportunity to squeeze profits, which freedom of opportunity is now denied him by the great trusts.
It is true that we smaller capitalists are after profits, and that the trusts are taking our profits away from us.
But the trusts themselves arose out of competition," Mr.
When I came he made several proposals for my placing my money in the bank, in order to my having interest for it; but still some difficulty or other came in the way, which he objected as not safe; and I found such a sincere disinterested honesty in him, that I began to muse with myself, that I had certainly found the honest man I wanted, and that I could never put myself into better hands; so I told him with a great deal of frankness that I had never met with a man or woman yet that I could trust, or in whom I could think myself safe, but that I saw he was so disinterestedly concerned for my safety, that I said I would freely trust him with the management of that little I had, if he would accept to be steward for a poor widow that could give him no salary.
He told me he could not but take it very kindly that I had so good an opinion of him; that he would not deceive me, that he would do anything in his power to serve me, and expect no salary; but that he could not by any means accept of a trust, that it might bring him to be suspected of self-interest, and that if I should die he might have disputes with my executors, which he should be very loth to encumber himself with.
I told him if those were all his objections I would soon remove them, and convince him that there was not the least room for any difficulty; for that, first, as for suspecting him, if ever I should do it, now is the time to suspect him, and not put the trust into his hands, and whenever I did suspect him, he could but throw it up then and refuse to go any further.