The stock market crash - and after

Bibliographic data

Monograph

Identifikator:: 879455993

URN:: urn:nbn:de:zbw-retromon-3116

Document type:: Monograph

Author:: Fellner, Friedrich http://d-nb.info/gnd/171029097

Title:: Das System der Rentengüter und seine Anwendung in Ungarn

Place of publication:: Berlin

Publisher:: Puttkammer & Mühlbrecht

Year of publication:: 1905

Scope:: 1 Online-Ressource (VII,177)

Digitisation:: 2017

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Dritter Theil. Die Anwendung des Rentengutsystems in Ungarn

Collection:: Economics Books

112 The Stock Market Crash—And After cutting. The Capper-Volstead Act empowers agri- cultural associations to fix prices, restrict output, and limit trading territory. Leading court decisions in- dicate that, should Congress see fit to make reason- able price agreements legal, the courts would uphold them. Output Needs Controlling In two basic industries, namely, coal and oil, the need is acute for authority to form agreements in order to control production and marketing and thus prevent the enormous wastes due to overinvestment, overproduction, collapse of prices followed by shut- ting down of plants, wage reductions, and severe unemployment. On the other hand, it is axiomatic that any modifi- cation of the anti-trust laws should provide for public supervision and control to prevent great con- solidated enterprises from setting unreasonable monopoly prices. Reasonable economy requires that the extraction of petroleum from the ground should be carried on in each producing area by an absolute monopoly instead of by competing companies as at present. Whether petroleum extraction is carried on as a government monopoly or a private monopoly subject to public control, the consumer of gasoline, and the hundreds of petroleum products must be protected. Careful estimates must be made of rea- sonable requirements of consumers of these products and only that quantity of crude petroleum should be brought to the surface, which will meet those reason-

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