COMPETITION BOYCOTTED
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to exhausted territories, stimulate production to prevent erratic movements, and balance the markets to prevent wide fluctuations.
Now the government has stepped in as a regulator, and the Standard Oil Company has no responsibilities; its valuations have multiplied fivefold, and Mr. Rockefeller is worth more hundreds of millions than he ever dreamed of, and this by legislative and Supreme Court decree and his own helplessness.
Washington has decreed in the oil business, the copper business, and the steel business a capital socialism— where the weak protect the strong and the strong must permit it.
