CodalSearch this book — or all of Codal…⌘K
nydus/Other People's Money, and How the Bankers Use ItPublic

Louis D. Brandeis provides an analysis of the American money trust and the concentration of industrial power. The text examines the business developments and financial practices that emerged following the advancements in steam and electricity.

Page 132 of 196
Table of Contents

CHAPTER VII BIG MEN AND LITTLE BUSINESS

added:

“I am not saying that all invention had been stopped by the growth of trusts, but I think it is perfectly clear that invention in many fields has been discouraged, that inventors have been prevented from reaping the full fruits of their ingenuity and industry, and that mankind has been deprived of many comforts and conveniences, as well as the opportunity of buying at lower prices. “Do you know, have you had occasion to learn, that there is no hospitality for invention, now-a-days?”

TRUSTS AND FINANCIAL CONCENTRATION

The fact that industrial monopolies

132