The Prevention and Control of Monopolies (Classic Reprint)

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Excerpt from The Prevention and Control of MonopoliesThe ambitious character of the work which I have tried to perform was enforced upon me by an association with the work of a Royal Com mission on the Australian Sugar Industry. By Letters Patent, first issued in 1911, His Honour, Sir John Gordon, the Hon. Albert Hinchcliffe, Messrs. R. M. Mccheyne Anderson, M. R. Shannon and T. W. Crawford, were appointed to inquire into and report upon the Sugar Industry in Australia, and more particularly in relation to Growers, Manufacturers, Refiners, Workers, Pur chasers, Consumers, Costs, Profits, Wages, Prices, the operation of existing Laws, and the nature of any remedial legislation that might be deemed necessary. Under the Chairmanship of Sir John Gordon, the Commission conducted the most searching investigation that has yet been made into any Australian industry. Unfortunately, the Chairman was compelled through ill-health to resign before completing the examination of witnesses. I was appointed to continue his work. For some years I had been a student of the problems which arise in relation to monopolies.But I had little realised the extent of the diffi culties which confront investigators called upon to suggest definite solutions in an industry where monopoly control co-existed with public and private ownership, with corporate, co-operative and individualistic production, and with a division of legislative control between Federal and State Parliaments. If the experience was chastening, it was not without its value as an opportunity to test views previously held. I was compelled to formulate anew, to qualify, to correct - happily with the whole - hearted assistance of colleagues well versed in practical affairs. I wish to acknow ledge how much I owe to their aid. But I am still more indebted to Sir John Gordon, with whom I had the honour to be associated during the period in which he presided over the investi gations of the Commission.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.