|1.||Large scale production saves in the purchase of raw materials in the marketing of the product, in the application of power, in labor, and in the utilization of by-products.|
|2.||Combination saves in the cost of salesmen, in the elimination of cross-freights, in the elimination of poorly located plants and in comparative accounting and demonstration.|
|3.||Monopolistic combinations embody the advantages of large scale production and combination with the power to control markets and prices.|
|4.||Monopoly in spite of its dangers is a distinct forward step and is an inevitable Feature of modern industrial conditions.|
|5.||Socialists regard State regulation of monopoly as wasteful, bureaucratic and ineffective.|
|6.||The public ownership of public service utilities and "State Socialism " have distinct advantages, but cannot be regarded as solutions of the social problem.|
|What are the specific advantages of large scale production? Of combination? Of monopoly?|
|What have been the usual forms of monopolistic combination in the United States?|
|What are natural monopolies? Why are they so called?|
|What is meant by the "Doctrine of restraint of trade"?|
|Why do Socialists regard State regulation as likely to fail?|
|How may monopoly benefit the consumer?|
|What are the advantages of the public ownership of traction facilities? What are the objections to public ownership?|
|To what extent do we have "State Socialism" in the United States?|
Ely R. T., Monopolies and Trusts.
Howe F. C., The City, the Hope of Democracy, Chap. IX.
Jenks J. W., The Trust Problem.
Report of the United States Industrial Commission, Vol. I.
Ripley W. Z. (editor), Trusts, Pools and Corporations.
Shaw Albert, Municipal Government in Great Britain.
Tarbell Ida M., History of the Standard Oil Company.