| Show A it 0 I f 1 Now New York Accustomed as IlS thi now floW Is to blinking banking and amid of ot of ot l time of ot time the dual deal just announced the tho principal holdings of ot tock stock In tho Car company is b calculated to acute akin to It hud had been lieen understood tood that thai lull hail ben been on o toot foot between An Andrew Andrew drew cIres Carnegie J PIerpont Morgan the tho latter hitter representing r other steel but It was WItS with more or r less lesa surprise that thai both bolh the general public anti and the ho financial world heard the thu Ih news nes at nt the beginning of or tho the week that Hint the formers interest In the lie company bearing his namu wIts was to be bl disposed of to Mr Morgan and his hl associates The Thc conclusion which was most generally accepted was that the arrangement In la question would be lie fol tol followed ol lowed by a 1 Plan to consolidate the Car Carnegie negie negle properties with the tho Federal Steel American Steel and Wire and National Steel tiled companies resulting In a II new now trust to use liCe time the term generally em employed employed In Buch lIuch matters mailers representing n a 1 capital of at no cc less Jess than Fears Feora that the time minority Interests In the Iho company will vili prove nn an obstacle to tho ho scheme have hava been ben expressed Mr Ir Car holds of at time the capital but the Intimations aTe aTC that the deal delli though not completed In mIll all Its details may be Je regarded as liS In satisfactory shape for tor consummation In the near future New York Evening Post The Tho question will rise In tn many man minds What wilt vIlt be the time end of ot these consoli consolidations consolidations consolidations How JIow Io can cart society protect It Itself Itself self against a tt monopoly In the production Ion tion of ot steel for tor Instance Nobody Is wise enough to answer this offhand and anI ve wo shall shah not nol attempt to todo tomb do mb so For he present It may muy be said that thaI as long is s the raw materials of at Industry In Industry are arc not monopolized there can be no ito monopoly of ot long Ion duration In tn the finished products prod While time the negotiations lone lions for tor or acquiring the Carnegie proper properties ties tics have havo been Jeen pending two to announce announcements announcements ments haw have been bren made of ot projects for tor new holy works to compete with the Iho old ones onea In one or more specialties New York World The more perfect union of ot the an anth th coal dont oal Interests the practical time tho transcontinental cilia rAilroads railroad and the merging of ot the gigantic steel concerns Into a billion dollar t afford unmistakable evi evl evidence dence deuce that the kings s of ot finance and the masters of ot accept tho the verdict of ot the people In view at ut the strong campaign against trusts and monopolies lies as a 1 license to combine Chicago elling Post Time was vas when so en colossal nn an opera operation lion tion would navo have hao provoked excited dis discussion and anti even eln agitatIon for Cor legisla legislative tIe live Intervention but hut we are ure now habituated to the this Idea lIea and anI practise of at combination und rind are aware of ot the fu to duty of ot attempting to check a II world WillO movement by weak and crude ad nl additions to the statute hooks hook II Combination Combination tion has Its serious drawbacks and Its dangers but under tinder conservative economic and enlightened management It Is III capable of ot yielding substantial to the consumers sIn work workmen workmen men Inen of at nil ll grades A The real teal question Is Can vf WI be that the manage management ment mant will con considerate ot of if the time public Interests Leg L g luton 1 In Is Impotent and It II remains ID to be III teen en hew how far rill tho the sense penile ot or est act r t will wili take Its place ns as a 0 check and preventive Pittsburg Post If It the combination has hns taken place on the mammoth scale reported th the American people will be Le apt to open their lieu eyes ees will wide on Industrial and bud busi business ness floss and ov even ri time political of ot th future It moans till tho lie absorption tion practically under one manage mann e of or the Iron anti ani nt steel vl with the control of ot tho time tran mi and coal conI Interest tl The captains of ot Industry with wi lb decreased numbers number will have b comp the tie emperor or III autocrat of it burin and Industry fur for or the th name minnie of ot out oitt iu as II the lie promoter and spirit of ot time the proposed fusion of lit Interests Boston Herald The combination movement mon has hall Ron gone on at nt an entirely unexpected rate ralf end It If maintained would the present nt generation h hall s HUM civil bring practically nil fill producing and transportation tation tattOn under the time control of tit unit forces Whether changes nr an to tl lend lead to thu th t stat tilt ices n linen lieen Hl l limp skins alone will determine If It n ii 1 rout dish 1111 mae to the lie tlc end of In In tHe country the th t of ot even It If oils Dili Is I brought shout l ul by hy n a 1 Mm rude rudo forcible taking of instrument of Ht Industry may mar mn bo lie look 11 upon by hy tn t all as possibly the lesser leserr ot or two evils evil |
