A

A

BILITY, business,
under combina-
tion, 38-41, 213.
Acids, increased
price of, affects

price of oil, 155.
Addyston Pipe Company,

109.

Advertising, by means of
prizes and premiums, 28-
29; cost of, 27-29; eco-
nomic loss from, 28-29;
expensive, may encourage
combination of capital,
208, 230; of brands, 15-
16.

Agent, registration, of cor-

porations, 272-273.
Agreements limiting com-
petition, II-12, 33-34,
108-III, 153, 228-229
(see pools and production,
restriction of); statutes
against and judicial in-
terpretation thereof, 218-
219, 249-251 (see re-
straint of trade).
Agriculture, combination

difficult in, 208-209.
Amalgamated Association of
Iron, Steel and Tin Work-
ers, 159.

Ambition, personal, an ele-
ment tending to promote
combinations, 73-74.
Amendment of incorpora-
tion certificate under New
York Companies' Act, 277-
278.
Amendments to corporation
laws desirable, 222.
American Bridge Company,
312.

American Spirits Manufac-
turing Company, 26, 148
(see Distilling Company
of America).
American Steel and Wire
Company, becomes part of
United States Steel Cor-
poration, 310; control of
output of wire nails by,
166; legal monopoly owned
by, in barb wire, 56, 170;
prices, effect upon, of for-
mation of, 169; salesmen
dispensed with by, 24,
182; trade unions not rec-
ognized by, 176; wages
increased by, 173.
American Steel Hoop Com-
pany, becomes part of
United States Steel Cor-
poration, 311; labor or-
ganizations recognized by,
176; sizes and kinds of

goods manufactured by,
36; works in harmony
with other concerns, 124.
American Sugar Refining
Company, able to secure
higher prices than com-
petitors, 31, 64; competi-
tion against, 137-140;
competition in industry in-
duces formation of, 17, 34;
date of formation, 17; ille-
gal practices declared im-
politic by, 52; monopolis-
tic power of, 71; political
policy of, 192; prices,
effect upon, 133-146; re-
organization, form of, 113;
savings effected by, in re-
fining, 35-36; tariff bene-
fits accruing to, 45-46;
trust form of, and judicial
decision against, 111-112;
wages increased by, 172;
weaker competitors taken
in upon organization of, |
196.

American Tin Plate Com-

pany, becomes part of
United States Steel Cor-
poration, 311; labor or-
ganizations recognized by,
176; organization and
financiering of, 88-90; or-
ganization, form of, 117,
124; prices, effect upon,
160-163; wages increased
by, 173.

American Tobacco Com-
pany, development of
foreign market by, 75.
"Anglo-Saxon Superiority,"

tions under New York
Companies' Act, 302–304.
Anti-trust act, Federal, 217.
Appendices: A, suggestions
at Chicago Trust Confer-
ence, 257-260; B, pre-
liminary report, United
States Industrial Commis-
sion, 261-266; C, plan of
Bird S. Coler for regula-
tion of trusts, 267-269;
D, New York Business
Companies' Act, 270–305;
E, plan of W. J. Bryan
for regulation of trusts,
306-307; F, United States
Steel Corporation, 308-
315.

Arbuckle Brothers, 139.
Archbold, John D., 152.
Associations checking com-

petition, 11-12 (see agree-
ments limiting competi-
tion).
Auditing railroad accounts,
power of, should be vested
in Interstate Commerce
Commission, 220, 264.
Auditor of corporations
under New York Com-
panies' Act, 282-283, 299-
301.

Austria, attitude of people
of, toward combinations,
246-247; extent to which
combinations have de-
veloped in, 228; form of
combinations in, 235; iron
combination in, 233, 243-
244; laws regulating cor-
porations in, 240; legisla-
tion proposed in, 251-254;
sugar combination in, 234.

B

BALANCE sheet of cor-
porations, under New
York Companies' Act,296-
299, 301-302.
Bankruptcy of weaker pro-
ducers, prevented by com-
binations, 196-198.
Banks, part taken by, in or-
ganization of combina-
tions, 91-97.

Barb wire, patents on, owned
by American Steel and
Wire Company, 56, 170.
Basis of capitalization, the,
chapter vi., 98-107 (see
capitalization).
Bedstead industry of Bir-
mingham, England, form
of combination in, 235-
239.
Beef, dressed, control of
supply of, by combina-
tion, 209.

Bibliographical note, 317-

318.
Blackmailing of corporations

by legislators, 190-194.
Bonds, issuance of, 82-83;
of United States Steel
Corporation, 313; pre-
ferred stock in lieu of, 84-
85.
Borrowing capital, for ex-
tension of business, 81-
85.
Bradford Dyers' Association,

234-235, 245.
Bradford oil fields, 156.
Bradley, Edson, 26.

Brands, advertisement of,
15-16.

Bremen, price of refined oil
in, 151, and diagram fac-
ing page 150.
Bryan, William Jennings, 7,
100, 193, 224; plan for
regulation of trusts, ap-
pendix E, 306–307.
Bureau, selling, the usual
form of combination in
Europe, 223.
Business Companies' Act,
New York, 6, 224; appen-
dix D, 270-305.
Butler County, Pa., oil wells
in, 156.

By-products, manufacture
of, 42; utilization of, by
the Standard Oil Com-
pany and its competitors,
153-154; by combinations
generally, 213.

C

CAPITAL, amount of, as
affecting competition
and combination, 16-20,
209; borrowing of, for
extension of business, 81-
85; possession of great,
may constitute a virtual
monopoly, 64-76.
Capitalistic monopoly, 58-
76 (see monopoly).
Capitalization,

basis of,
chapter vi., 98-107; ex-
cessive or over-capitaliza-
tion, 98, 103-107; of Eu-
ropean combinations, 239-
240; upon actual cash
value, 78, 98-101, 104;
upon earning capacity, 99-