"TRUST FEVER" IN LONDON
FIVE AMALGAMATIONS IN A DAY. London, January 8. The "Daily Express" says:—"The 'trust fever' readied a climax yesterday, when there were live amalgamations ot chemical, glass, and insurance linns. The total capital involved was twentyfour .nillions. Powerful combines now control the shipping, engineering, shipbuilding. cotton, and motor industries." —Aus.-.N.Z. Cable Assn. ISectiou 3 ot the Profiteering Act, 191S (Imperial) reads: "Without prejudice tc the generality of the powers under this Act the Board of Trade shall obtain from nil available sources information as tc the nature, extent, and development ol trusts, companies, firms, combinations, agreements, and arrangements connected with minini. liiamttactures, trade, commerce. finance, or transport having l'oi their mirpose or effect the regulation ol the prices or output of commodities 01 services produced or rendered in the United Kingdom or imported into the United Kinsdom, or the delimitation oi markets ill respect thereof, or the regulation of transport rates and services, ir fio far as thev lend to the creation ol monopolies or to the restraint of trade, and the Board of Trade shall, for the purposes of this section, utilise the powers of investigation ami of appointing committees conferred upon them, by thit A«t."i
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Dominion, Volume 13, Issue 92, 13 January 1920, Page 5
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200"TRUST FEVER" IN LONDON Dominion, Volume 13, Issue 92, 13 January 1920, Page 5
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