Eddy, Arthur Jerome: The new competition: an examination of the conditions underlying the radical change that is taking place in the commercial and industrial world ; the change from a competitive to a cooperative basis (New York [u.a.], 1912)

CONSTRUCTIVE LEGISLATION

343

Every objection that can be urged against these sugges-
tions was urged with no greater force against the interstate
commerce law, yet sharply as that law has been criticized
by railroad men here and there, the railroad world as a
whole would not go back to the old demoralized conditions
that prevailed in the days of unfettered competition, the
days of secret rebates, of arbitrary and unfair discrimina-
tion in rates.
Ten years from now manufacturers will look back upon
existing conditions in the industrial world as equally bar-
baric.