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Show ; iTHE STEEL TRUST AND THE . TARIFF. At last the steel trust has sent rcp-" rcp-" rescntatives before the Ways and Means Committee (p. 886) to give . evidence on thotifttariff. Judge Gary m is the first to go? He furnishes cn-; cn-; lightening information on the power ,' of the trust. It could crush out all competition at its pleasure, he says, and! doesn't do so because the independents inde-pendents arc good enough not to undersell. un-dersell. Why do they not undersell? Because they dare not defy the vengeance ven-geance of the trust "with its wonderful wonder-ful 2conomies." And what arc those wonderful economies? Mr. Gary mentions three , things manufacturing manufactur-ing methods, transportation facilities, and mines. The first may be disregarded, disre-garded, except they arc monopolized by patents1, for manufacturing methods meth-ods are reproducible. But their trans- . portation advantages and mine advantages advan-tages are all-controlling monopolies. Here, then, by the steel trust's own confession, is the secret of its power I -nmonopoly of public highway rights and of natural mineral deposits. The Public.' |