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Show ENGLISH AND AMERICAN TRUST TACTICS. One. phase of British Industrial combination com-bination particularly impresses" the Amorcan observer the working agreements between naturnlly competing compet-ing firms, which bring them into a looso but effectho alliance. In America, Am-erica, since the passage of the Sherman Sher-man anti-trust act, such agreements and alliances have been condemned by tho courts and denounced by tho laws more bltterl than has the ordinary or-dinary slngle-combinnrlon form of tniBt. It was by breaking up a aim-liar aim-liar alliance in thc'Addytston pipe caso that Judge Tnft, while on tho federal bonch, paed the way for the greot trustrsmashlng Birits that have followed. fol-lowed. In Grm Britain, however, this form pf .combination seems especially avorod. A great, English authority hnB declared: "YYc may expect, In no Tery remote future, to.stje the Iron Industry In-dustry ,govcrned by loose federations of great power, each large firm belonging be-longing to a number of associations according to the variety of its products; pro-ducts; and there is a final possibility that theBe may unite into a general union on the Unqs of German Stahl-werk6erband."i-George H. Montague in the 'Atlantic. |