TRADE MONOPOLIES

Dominion, Volume 10, Issue 2953, 16 December 1916, Page 10

TRADE MONOPOLIES

ABB THEY ALWAYS OBJECTIONABLE? -■■■. ' In the United States and to a lesGer extent in England 'and all European countries, great business concerns, such as the Meat Trust and great Railroad Corporations exert an enormous influence mi the business tnd political life of the country. The starting of a new Trust means temporary prosjgrity .to a. community, but once a monoDoly is obtained the good times end, and producers and the nublic eeneral.v are at the mercy of the Trust. There are other monopolies,' however, which are quite legitimate, and are run in the public interest as well as to the advantage of the comnanies controlling them.. When a new i idea is patented, the patentee is given a , legal monopoly to manufacture and sell the article patented. This is tho closest form of monopoly, but is directly oppofiite in its effect to a monopoly obtained bv, say, the Meat Trust. In the case of a patent, the general public benefits by being ablo to obtain a new commodity, while the. patentee is rewnrded for his ingenuity.

| The <rreat success obtained V Messrs. . [ En.rlv Bros., 5?) Cuba Street, Wellington, . in the sals of iheir "Wizard" Lighting Systems for country homes And stores affords a good illustration of this point. The intent "Wizard" Lainn has enabled t this firm to secure a ■practical monopoly if country hnise md pfore liplitinc In JJew Several ' times more "Wizard" Li>htinp Svstems hnve been sold in New Zealand than all other sorts combined, and Early Bros. are. compelled to lteen a staff of . mechanics worldm? at hisrli pressure to keep tin Trith n-hich arrive V every mail. An efficient. r light is nn old-standing need in . all ■ country district.", and immediate!; .» fnmipv* or' (JorAww .'purchase* , -y : "Wiznrd" TM.int' he becomes an enthusiastic advertiser, and orders n™ invariably receivd from hi« friends.iVs the. firm can to 'ell Sv=tems at a verv low price. All "WiV-ird" <ruo , " >T >t»<id for five vears, and will Inst a li' Mime. A p"sto>rd to Kar'v "Rroo.. 511 Cnb<>. Sbeet. Wellinffton. is all that is'required to obtain further information. •' : (Published bv Arvansement.)