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ORGANISATION OF MONOPOLY

331 of profit. Happily, however, there is a constant check at present existing in the German article, which will be always on the watch to come in if the price here of the British article is unduly pushed upwards. At present, the Combine would be quite safe at some pence higher, but it is quite likely that in another six months to a year the volume of German production may again bring down the figure over there to a dangerously low point. However, a move up or down becomes now a matter of twenty-four hours with the central bureau of the new Supply Company.

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40.

Cloth Trade in the 17th century,
13-14, 48.

Coal, attempted combines in 1893,
184; and 1896, 186.

Coal Cartel of 1771, 106-142, 156-
66.

Coal Gild of 1600, 25-8.

Coal Mining in 16th and 17th
centuries, 9-11, 24-8.
Coal Ring in London, 127-132.
Coats, J. P., & Co., 251.
Cockayne, Alderman, and Cloth
Trade, 48.
Combination: ("efficiency"), 208;
(horizontal), 213-15; (vertical),
201-2, 215-19; prolonged ab-
sence of, in England, 171;
(psychological explanation),
175-6, 274; views of English
economists on, 172.

Competition: classical economists
theory of, 97-100; (J. S. Mill's
reservation), 101; foreign, 227,
232, 235, 236, 241-2, 247, 256,
284-91; prevalence in England
to 1850, 102-5, 108; sphere of,
in modern English Industry,

179-207.

Concentration, importance of, to

monopoly, 219-221, 282, 291-5,
306, and passim.

Copper Mining in 18th century,
142-156; combines in, 146-154.
Cotton Spinners' Association, 250.
Distillers' Company, 259.

Freedom of Industry in 18th cen-
tury, 69-71.

Free Mining Districts, 21-22.
Free Trade and Monopoly, 174,

195, 221-2, 235, 307-9, 315.
Freights, slight importance of,
in England, 304; exceptions,
III-12, 223, 252.

Gardiner, Ralph: Pamphlet on
Coal Trade, 63, and passim.
Glass Industry in 17th century,
5, 33, 52.

Handicrafts in 16th and 17th
centuries, 12-13.

Imperial Tobacco Company, 267-9.
Industrial Spirit combine, 233-36.
International combines, 260-271;
(rails), 260-3; (soda), 263;
(tobacco), 264-70.

Limitation of Vend, 109-129.
Locomotive Company (N. British),
255.

INDEX

333

Lydsey, Mr., and the Wire Mono-

poly, 40-1.

Mansell, Sir R., and the Glass
Monopoly, 5, 33, 58.
Mines, Royal, 21.

Mining, vide Coal, Copper, Tin.
Monopolist Organisation

in
modern English industry, 208-
316, passim; centrifugal ten-
dencies in, 272-9; comparison
with foreign developments,
284-99; examples of, 221-271;
limitations of, 305; over-capital-
isation in, 279-83; problems of,
272-83; views of political
parties, ordinary Englishmen,
etc., on, 314-15.
Monopoly in England in the

17th century, 44-71; (effects,
44-60; fall of, 61-71); compared
with modern combines, 313;
(cf. also under Alum, Coal,
Glass, Salt, Soap, Starch, Pin,
Tin and Wire Industries or
Monopolies.)

Monopoly in Germany after 1700,
73-96; china and porcelain,
83; cloth (calico), 88-9; cutlery
(Solingen), 85; mining, 75-8;
smelting, 79-81; wire (Altena
and Iserlohn), 86-7.

Paper Trade, 194, 209-10.
Pewterers' Company and Tin
Mining, 29.

Pin Monopoly in 17th century,
39-40.

Portland Cement combine, 222-5,

280.

Rails combine, 260.

Royal Prerogative in mining,
23.

Salt combines, 242-6, 280.
Salt Industry in the 17th century,
5, 31.

Salt Union, 243-5.

Sewing Cotton combines, 250-2.
Soap, attempted combine in, 314.
Soap Monopoly in 17th century,
6, 34-7.

Soda combines, 263-4-
Starch Monopoly in 17th century,
56.

Steel Associations, 226-33.

Tariff Reform Commission, on
electrical industry, 238; on
textiles, 246-8; on locomotives,
238-9.

Textiles, 196-8, 246-50.

Tin Mining in 17th century, 7-8,
28-30.

Tin Plates, 204-7, 212.
Tin Plate Bars, 232.
Tobacco combine, 264-70, 282.
Trust Organizers, 278.

United Alkali Company, 268.

Wall Paper combine, 236.
Whiskey combine, 259-60.
Wire Industry in 17th century,
6, 40.

UNIV. OF MICHIGANY

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