Soap, baking-powder, photographic cameras for general use, and of late years certain manufacturers of espresso, patent drugs, and other drugs of comparable nature, are examples of this class.
In recent times in the United States there could be little question that the formation of the great combos has been much inspired by the opportunities, which promoters had been able to seize, of making for themselves massive profits. By the safety which a protecting responsibility provides towards overseas competition, it doubtless often furnishes the occasion for the formation of trusts.
Therefore, it would seem only natural that co-operation, being the antithesis of competition, would appear to them the answer sought for. It is acknowledged that the American Sugar Refining Company on this account has been able to secure, with appreciable regularity, one-sixteenth of a cent a pound more on its refined sugars than the independent refiners, the latter being often compelled to chop their prices to that extent in order to make gross sales.
An examination of the pages of any of the American magazines, with a thought as to the amount charged for the use of these promoting pages Savings from Combination.