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...BRACKETT and F. H. HITCHCOCK.Best general references: President's 2d message to 51st Cong., Boston Jour., Dec. 2. 1890; Senator Hoar in Boston Jour., Nov. 26. '90; McKinley's speech in House, May 7. '90; Dingley's speech in House, May 10, 1890; R. G Horr in N. Y. Tribune...
...refunding measure, or by enforcing the law and collecting the amount unpaid. This latter would be (1) harsh and impracticable,-(a) on account of the condition of the delinquent states: Cong. Record, vol. 20, p. 163. (b) On account of the change of property in the states: Quar. Jour. of Econ., vol. 3, p. 457. (2) Uncalled for, since the government has no need of the funds. Sec'y Folger's letter, Cong. Record...
...Trusts are an economic advantage. (a) by limiting production to demand. Quar. Jour. of Economics Jan. 1889, p. 136. (b) by improving the processes of production. N. Am. Review vol. 136, p. 181. (c) by preventing excessive competition. Age of Steel, Jan. 5, 1889. p. 14 (d) by lessening the fluctuations in prices. Pol. Sci. Quarterly...
...injured the railroads. (a) By promoting rate wars.- Quar. Jour. of Economics, p. 182-3. (b) By promoting the building of unnecessary parallel lines.- Ibid. (c) By causing a decline in stocks.- R. R. Review of Jan. 8, 1889, or Bradstreet's of Dec. 1, 1888. It has injured the public. (a) By making rates unstable.- Bradstreet's of Dec. 8, 1888. (b) By causing secret debates.- Bradstreet...
...government telegraph is no more socialistic than a government post-office, and in any case a state monopoly is preferable to a private monopoly.- Quar. Jour. Economics, April, 1888, pp. 353-356 and 358-360; E. J. James in Science Economic Discussion...