Word: marketing
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Dates: during 1880-1889
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...said that the object of trusts is to secure greater profits in this way. The combination of capital, by producing on a large scale, reduces the cost of production, and lowers prices, till competitors are driven out of business by being undersold. When the complete control of the market is thus secured prices are raised without any limit except the greed of the trust. The very idea of a trust is to abolish competition. Owing to the secrecy observed in regard to profits, outside capital, notoriously timid, is not attracted to the business. Trusts today are in their infancy...
Incidentally to which it is reported that the haste of the Yale student who was severely hurt last week by a post that he ran into in running for a train was due to his desire to get to New York in time to take advantage of the market before the effect of Captain Cook's remark wore off.- Life...
...cent. greater here than in England, wages are 50 cent. higher. It is the high price of our labor that makes our products cost more than those of foreigners. If labor were to be regarded as a commodity to be bought and sold in the cheapest market, by all means let us have free trade that our wages may fall to the level of those received by the European. But in a country where the government is in the hands of the people, no such attitude is possible. It is of vital importance to the life of the Repulic that...
...world, and wages have risen instead of being lowered by competition with pauper labor. The working men are just beginning to find out who pays the import taxes; they know that their house rent is increased to enrich the lumber merchants of Maine, and that the limitation of the market by protection strengthens the "trusts" which have closed factories and thrown the workmen out of employment. One of the greatest dangers of our times is the growing tendency of the laborers to look to the State for aid, as they see no reason why laws should not be made...
...second Finance Club lecture was given last evening in Sever Hall by Mr. Horace White, of New York. In taking Senator Sherman's speech before the Home Market Club as a text, Mr. White said that he did not wish to throw difficulties in the way of a presidential candidate, but only to contradict pernicious teachings. Senator Sherman says that a surplus is more easily taken care of than a deficit. Our history proves that this is untrue, as whenever deficits have occurred they have been remedied simply by increasing the taxes. The surplus of 1837, on the other hand...