Show i j Business Combinations Combinations' of the thel r I Future r I. I c- c 4 By DR FRANK CRANE The press recently reported a huge Wall street merger manipulated d by Mr Clarence J J. J Dillon and others I This calls attention to the fact that such merger mergers are becoming be oming more and more common It Is the tendency of capital to coagulate b because cause as a rule there are more profits profit and less Jess waste In co cooperation co opera opera- Uon tion than in n l com competition The immense slaughter ter houses in Chicago killand kill killand killand and supply meat at much less expense to the COnsumer consumer consumer con con- sumer than he had to bear during during- the days of private vats ate slaughter houses Besides t this ls the conditions are more mor sanitary and are more easily watched by the authorities What hat is going to happen If business keeps keeps keeps' on concentrating The world will be full of huge hug Industrial units and people will find out that there are more profits to be made by combining and working together than by working apart Governor Ex Lowden Is doing heroic work In en endeavoring endeavoring endeavoring en- en to impress upon the farmers their need of co Farming at present is the loosest Corm form of or business It is about he only kind of ot b bustness bust buss sJ- sJ ness that remains without any considerable units of organization There is a certain amount of f freedom involved In this an and freedom Is is very dear to the heart of the American But the laboring man found out long tong ago that this freedom although it was very dear was wag too expensive and he is combining his own good with the Jab labor abor r unions It is Js rot not very far off when the farmers will hit upon some practical scheme of organization The combination of the fruit growers of or California has proven roven very beneficial It was not very many years ago that a millionaire million million- sire aire Ire or a unit of a million dollars was a rarity Now ow It is very common and the day dav Is not far off oU when the billionaire shall be common common This Is an era era of business We Ve can hardly ex expect expect ex- ex to find a political leader who shall stand out above the general genera m mass ss as did Napoleon but It Is not too much to expect expect-a a number of business leaders leaders leaders lead lead- ers who will excell more In the genius tor for combination lion tion than In the ability to construct or distribute goods Copyright 1926 by McClure Newspaper Syndicate |