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...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. The Standard Oil Company has begun to absorb all the interests connected with...

Author: NO WRITER ATTRIBUTED | Title: The Union Debate. | 11/9/1888 | See Source »

...misrepresentation, having but slight foundation. One of our students was conveyed to the college hospital, having a slight attack of scarlet fever. By the article of the Herald reporter, this indisposition was magnified into smallpox. We have condemned this failing of student reporters before, but this latest example of greed for news, exaggeration, and total unreliability, deserves more than condemnation. The item in question will be copied far and wide, and will cause needless consternation. A desire to be accurate, and due respect for the feelings of students and their friends should dictate, to all reporters, a spirit of careful...

Author: NO WRITER ATTRIBUTED | Title: No Headline | 1/8/1886 | See Source »

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