The Evolution of Modern Germany (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1911. Excerpt: ... THE SYNDICATES The concentration of oapital and industrial enterprise--The prinoipal industries syndicated--The effect of Protection in encouraging the growth of syndicates--Protective duties not the cause but the occasion--German writers quoted on the point--The abolition of Protection would not abolish the syndicates--They are symptomatic of a movement towards the more efficient organisation of industry--The principal forms of industrial combination now in vogue in Germany--Examples in different industries--The charges against the syndicates stated and considered--The price poliay of the Coal Syndioate--Reference to the Spirit Syndicate--The practice of "dumping "--Injury done to the manufacturing industries--Instances given of underselling abroad--Testimony of German Chambers of Commerce on the subject--The complaints of the retail trader--The standpoints of capital and labour--The absorption of small by large undertakings--"Mixed" vertut "pure" works in the iron industry--Has the movement towards combination taken its final form?--Trusts now openly advocated--A possible alternative is that the system of large combinations may break down for want of strong men--The attitude of the working classes--Certain trade unions favourable to the syndicates--Proposed legislative measures for the control of the syndicates--Attitude of the Association for Social Reform--Professor G. Schmoller quoted--Nationalisation of the coal mines widely advocated. "VTEVER before," wrote the Austrian Consul in Berlin to JlN his Government in 1906, "was economic Germany so entirely under the absolute rule of a group of men, barely fifty in number; in no former period of industrial expansion was the old formula of 'the free-play of forces' abandoned to such a Dr. W. Morgenroth, ...