The Bugaboo of Trusts
Carnegie explains trusts arise from overproduction and competitive pressure, citing railways and Standard Oil. He argues market forces and competition will ultimately check most trusts.
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The Confessional Presbyterian Archive is a curated digital library dedicated to preserving and promoting the writings of 17th–20th century Presbyterian pastors, teachers, and leaders. Featuring thousands of searchable texts, biographies, and historical resources, the archive provides direct access to the primary-source materials of American Presbyterianism.
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