[The Promise Of American Life by Herbert David Croly]@TWC D-Link bookThe Promise Of American Life CHAPTER V 33/87
The whole American business tradition was opposed to government interference with prevailing business practices; and in view of this fact the responsibility for the rebates cannot be fixed merely upon the railroads and the trusts.
The American system had licensed energetic and unscrupulous individual aggrandizement as the best means of securing a public benefit; and rebates were merely a flagrant instance of the extent to which public opinion permitted the domination of private interests. The failure of the Federal government to protect the public interest in a matter over which the state governments had no effective control, has greatly accelerated the organization of American industries on a national scale, but for private and special purposes.
Certain individuals controlling certain corporations were enabled to obtain a decided advantage in supplying certain services and products to the enormously increasing American market; and once those individuals and corporations had obtained dominant positions, it was in their interest to strengthen one another's hands in every possible way.
One big corporation has as a rule preferred to do business with another big corporation.
They were all of them producing some standard commodity or service, and it is part of the economical conduct of such businesses to buy and sell so far as possible in large quantities and under long contracts.
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