112 AMERICAN FARMS. 



usual way of disposal. There was just one bid for it, and 

 this bid secured it at 4} cents per pound. About four weeks 

 previous to this sale, or before the sugar trust had begun 

 to show its power, a similar cargo, almost a duplicate, 

 was sold under competition at 4I cents per pound. This 

 was a matter of about $15,000, or thereabout, on a single 

 cargo, for the benefit of the trust. Meanwhile the re- 

 fined article, which had been selling for 6 cents per 

 pound, was advanced to 7^ cents or to 8^ cents. From 

 these data we gather that the trust realized on this single 

 transaction over $100,000, through restricting compe- 

 tition, on purchase of raw material, and the sale of the 

 refined article. 



The power of the trust, or in fact any monopoly or 

 capital power over smaller competitors, was well exem- 

 plified in the expose before the House Committee at 

 Washington last winter, as to the character of the trans- 

 actions of the Standard Oil Company as a competitor. 

 It was found that the Pennsylvania Railroad gave the 

 Standard and affiliated companies a rebate on crude 

 oil of 49 cents per barrel in transportation charges 

 from one field, and 51 cents from another. The rail- 

 road also gave the Standard 22^^ cents per barrel on all 

 oils shipped by all people not affiliated with the Stand- 

 ard. The rates of freight were $1.45 to the public and 

 80 cents to the Standard. State Senator Lewis Emery, 

 of Bedford, testified to the effect that the independent 

 refineries had been driven from the field by reason of 

 the rebates allowed the Standard. Representative 

 Breckenridge thought that the amount of rebates given 

 to the Standard amounted in the aggregate to over 

 $100,000,000. Had the railways treated all shippers 

 alike, those shippers would now have a larger income 



