Summary

Various The Great Round World and What Is Going On In It…

When Trusts get so large that they include nearly all the manufacturers of a special article, they are not only able to produce the article at the least possible cost, but to say for how much it shall be sold.
A Trust is formed that the manufacturers may make a better article at a lower cost—at least, that is what the Trusts say; but the danger is that they may obtain entire control of the market, create a monopoly, and having the public at their mercy, make the prices as high as they please.
A monopoly is the sole power of dealing in any class of goods.
Source: Gutenberg

Various The Great Round World and What Is Going On In It…

Through the means a Trust has for producing goods, it can make and manufacture at a much smaller cost than a single manufacturer, and can control the amount of the output of the goods, so that too great a supply shall not be made at one time, and the markets be so flooded that the price falls and it no longer pays to make them.
The idea of a number of persons clubbing together and helping each other with their money and brains, and working together to produce an article at the least possible cost, is of course a very excellent one.
Source: Gutenberg

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