Publisher's Synopsis
Excerpt from Combinations, Their Uses and Abuses; With a History of the Standard Oil Trust: An Argument Relative to Bills Pending Before the New York Legislature, Based Upon Testimony Given Before the Senate Committee on General Laws
Possibly some combinations are monopolies, but monopoly does not necessarily arise from combination. A monopoly can be held by a single person as well as by a combination of many persons.
A monopoly is a grant by the Government for the sole buying, working, making or using of anything. Less than a century ago the right to labor was to a great extent a privilege which the Sovereign might rightfully sell to his subjects. In those days.
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