Thursday, February 25, 2010

Friday, February 25, 1910. Dealing with monopolists.

A grand jury in Newark, New Jersey indicted the National Packing Company and its subsidiaries, Armour, Swift, Morris, and G.H. Hammond of conspiracy to monopolize the nation's meatpacking industry.  Executives were also indicted.

Funny. . . it's every bit as monopolized now. . . 

The early 20th Century, of course, saw a dedicated effort to deal with the excesses of capitalism. Those efforts were, to a large degree, successful.

And forgotten.

Thomas Edison's electric street car was demonstrated in New York.

Last edition:

Friday, February 18, 1910. Morocco held hostage by its own tariffs.

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