Economics: Briefer Course |
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advantage afford American cause cent Chap chapter cities coin combination commodities companies competition connection consumers consumption corporations credit money demand deposit determine distribution earnings efficiency employers employment enterprise entrepreneurs equally expenses of production factors favorable foreign gold standard Government grade Gresham's Law important income increase industrial influence insure Interstate Commerce Interstate Commerce Act Interstate Commerce Commission investment issue labor and capital land larger latter less limited loans manufacturing marginal utilities means medium of exchange ment monetary monopoly profits natural monopolies necessary nomic organization paid patent payment population present progress protection railroad rate of interest reason REFERENCES FOR COLLATERAL regulation rent result secure serve share social supply tariff tends tion token money trade unions trusts United Kingdom wages and interest wealth wheat workmen
Popular passages
Page 353 - Office to any person who has invented or discovered any new and useful art, machine, manufacture, or composition of matter...
Page 310 - ... an organization or combination of workingmen be to hamper or to restrict that freedom, and, through contracts or arrangements with employers, to coerce other workingmen to become members of the organization and to come under its rules and conditions, under the penalty of the loss of their position and of deprivation of employment, then that purpose seems clearly unlawful, and militates against the spirit of our government and the nature of our institutions.
Page 353 - ... for more than two years prior to his application, unless the same is proved to have been abandoned, may, upon payment of the fees required by law, and other due proceedings had, obtain a patent therefor.
Page 413 - As has frequently been said, interstate commerce consists of intercourse and traffic between the citizens or inhabitants of different States, and includes not only the transportation of persons and property and the navigation of public waters for that purpose, but also the purchase, sale, and exchange of commodities.
Page 382 - You might say that it would be the just and right thing to do to give all the five or six dealers at this station a special rate to meet that competition through the country. But, as a railroad man, I can accomplish the purpose better by picking out one good smart, live man, and, giving him a concession of three or four cents a hundred, let him go there and scoop the business.
Page 417 - The said Commissioner shall have power and authority to make, under the direction and control of the Secretary of Commerce and Labor, diligent investigation into the organization, conduct and management of the business of any corporation, joint stock company or corporate combination engaged in commerce among the several States and with foreign nations, excepting common carriers, subject to "An act to regulate commerce...
Page 244 - Dunbar, Laws of the United States Relating to Currency, Finance and Banking, 1789 to 1891; Report of the Indianapolis Monetary Commission (1898), and Noyes, Thirty Years of American Finance.