strial monopoly, the results of which will be watched with the
deepest interest.
[Footnote 1: See Vol. I, especially pp. 74 and 75.]
[Footnote 2: See Vol. I, pp 59, 68, 70-71]
[Footnote 3: See Vol. I, pp. 66, 67.]
[Footnote 4: 77 Miss., 476. Cited by Bruce Wyman, "Control of the
Market," p. 137.]
[Footnote 5: 19 R.I., 255.]
[Footnote 6: 115 Ga., 429.]
[Footnote 7: Mogul Steamship Company v. McGregor (L.R. 23 Q.B.D.
598).]
[Footnote 8: Bruce Wyman, "Control of the Market," p. 22. In 1914 (216
Fed. 971), a federal court granted an injunction restraining the use
of fighting ships by a combination, and in 1915 (220 Fed 235),
the court indicated a willingness to grant a similar injunction if
necessary. Similarly "fighting brands" of goods have been recently
prohibited.]
[Footnote 9: See below, sec. 15.]
[Footnote 10: Averrill v. Southern Railway (75 Fed. Rep. 736).]
[Footnote 11: 107 Minn. 145.]
[Footnote 12: Arnott v. Pittston and Elmira Coal Co., 68 N.Y. 558
(1877).]
[Footnote 13: See ch. 27, sec. 16.]
[Footnote 14: At the same time the rights of injured individuals
are better safeguarded by sec. 7 of the Sherman law, permitting the
recovery of threefold damages and attorney's fees.]
[Footnote 15: See ch. 28, sec. 9.]
[Footnote 16: See further, ch. 30, secs. 5-9.]
[Footnote 17: See ch. 27, sec. 15, on state commissions.]
[Footnote 18: A few among the most important sources are the Report
of the Industrial Commission, 1898-1901, 19 volumes; reports of the
Bureau of Corporations on the petroleum and tobacco industries; U.S.
Supreme Court decisions, e.g., the Addystone Pipe case (175 U.S. 211),
given in Ripley, Trusts, Pools, and Corporations, p. 86; the Standard
Oil case (221 U.S. 1), and the Tobacco Trust case (221 U.S. 106); and
the very comprehensive volume on "Trust Laws and Unfair Competition,"
by Joseph E. Davies, Commissioner of Corporations, Washington, 1916.]
[Footnote 19: John B. Clark, the distinguished professor of economics
in Columbia University, has been the foremost and clearest exponent of
this idea, in his "The Control of Trusts," 1901, 2d ed., 1912, and in
other works.]
CHAPTER 30
PUBLIC OWNERSHIP
Sec. 1. Waves of opinion as to public ownership. Sec. 2. Primary functions
of government favoring public ownership. Sec. 3. Economic influences
favoring public ownership. Sec. 4. Forms of municipal ownership. Sec. 5.
Localized production favorin
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