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30.11.2011Development studiesThe architect of the palaces of Darius was a Greek or a Phoenician.--New York Times. [Illustration: TRADE SURVEYS] There are signs of a subsidence of popular hostility to railroad combinations, trusts and commercial and manufacturing organizations of various kinds intended to conserve mutual interests. If the granger spirit had its development studies own way it would, through its control of the legislative mills, grind a good many corporations to powder, and do tenfold more damage by its destructive methods than could possibly be repaired by mistaken remedies. It is, after all, a question whether any form of combination is possible which can very long do much damage to the people at large. These gigantic commercial and railroad organizations with which development studies we have recently become familiar are giant-like efforts of enormous interests to rise up out of old conditions. Progress and development must take place, and the efforts of trusts, associations and combinations by whatever name known are simply the preliminary movements of mighty interests to reorganize themselves upon a broader and higher platform. The people in their jealousy and anxiety to protect themselves have, in some sections of the country, run do it yourself home maintenance into the adoption of extreme measures. They are already preparing to retrace their steps, and for several reasons. They are discovering that they have been fighting a bugbear; also, that their legislation against the bugbear cannot legislate. Also, that money stays away from radical communities, that many possible advantages are lost; that combinations properly controlled have, within themselves, the capabilities of accomplishing much good. Despite the threatened damage of these monster combinations prices have been quietly and steadily declining in nearly every direction; railroad freights have slipped down, notch after notch. Association after association has come and gone, and the Interstate Railway Law itself is in danger of being set aside for something better. The development studies people are learning to have less fear of these combinations, and more confidence in themselves and for the underlying laws of trade. The year ends with gratifying results to business men in every avenue of activity. The action of the Treasury Department furnishes a hint to the country that a large supply of currency may soon become a necessity. The evil that would result from an unexpected and prolonged financial stringency cannot be measured. Over five thousand new corporations, firms and business associations have started in the South last year, as against something like 3,700 for 1888.Learn home improvement Silverlight developers Education and development What is development Diynetwork |
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