The Great Round World and What Is Going On In It, Vol. 1, No. 18, March 11, 1897 - A Weekly Magazine for Boys and Girls by Various
page 22 of 40 (55%)
page 22 of 40 (55%)
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and he will have no market for his goods.
There has been a great outcry against this investigation, and the Trusts are very indignant. They declare that such investigations ruin trade, and make prices higher. To prove this argument, the Sugar Trust has put the price of sugar up an eighth of a cent a pound, or about forty cents a barrel. This is, however, an argument that works both ways. If the Sugar Trust is so powerful that it can revenge itself for the investigation by putting the price of sugar up, it is then too powerful for the welfare of the people, and it shows clearly that it is high time that the government makes an attempt to restrict the power of the Trusts. * * * * * Admiral Bunce and his fleet of warships have been engaged in some very interesting naval practice off Charleston. The especial object of the visit was to see if they could effectually blockade the port. In making their trip down the coast, the fleet ran into a heavy gale off Cape Hatteras, and Admiral Bunce was able to see how the vessels under his command behave in a storm. Arrived off Charleston, the Admiral arranged the fleet in a cordon across the mouth of Charleston harbor, and when night came, ordered the little cruiser _Vesuvius_ to steam out to sea, and then try to steal back into port without being discovered by the big warships that were guarding the |
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