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Show The Workings of Trusts. An eminent English student of economics, Prof. Smart, regards tho trusts In Biltnln "ns, In tho main, tho elimination of the unnecessary the tmncep persons, tho unnecdosnry processes, tho unnecessary machinery of production and distribution. They mean smaller cost of raw materials, the dispensing with costly advertisements, advertise-ments, largor shipments, fower middlemen mid-dlemen and a smaller staff." Ho does not refer to tho elimination of unnecessary unnec-essary profits. |