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Monopolies

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The Pacific cable

The Pacific cable

Americans will be generally pleased with the Pacific cable project which will only land on American possessions and primarily serve the United States government. However, there are issues with foreign companies controlling monopolies on cable service in the Philippines and along the Chinese coast.

Collection

Library of Congress Manuscript Division

Creation Date

1902-07-26

Creator(s)

Unknown

Nearer public ownership

Nearer public ownership

The creation of the Northern Securities Company is another step towards the consolidation of the nation’s railroad system. The new entity is almost a monopoly west of the Mississippi River. If railroad consolidation and organization continues the government will be in a perfect position to assume control.

Collection

Library of Congress Manuscript Division

Creation Date

1901-11-14

Creator(s)

Unknown