OCR Text |
Show Tru-tU Afftet Trlcc-t. rrofeaaor Jornulah W JeukaoC Cornell Cor-nell ujilveralty haa mado an unblaicd atudy of tho offecU of truata on price, which appeara In tho lurrent number of the North American Hevlcw Vrom i the tuttm anttiBredbr tbo United Btate Induitrlal commlaalon ho deduce th conclusion that price nro mado higher high-er by tho trust than they would bo otherwise .Tho fact that price of manufactured commodities are now lower than they wero before tho era of combination provea nothing cither way. Tho crucial question la whether or not the margin between tho coat of raw material and tho market prlco of tho finished product hns increased since tho coming of t)io trusts, Hven this la not an Infallible teat as regards prices, for the trust may use It power to force down tho cost of tho raw material ma-terial It nceda, but In general tbo site of this margin between raw material and finished product la tho most ro-llablo ro-llablo test avallahlo. |