1/32 THE DEMOCRATIZATION OF THE AUTOMOBILE. In nearly all the tendency to combination and concentration has exercised a predominating influence. In the early years of the twentieth century the public realized, for the first time, that one corporation, the American Sugar Refining Company, controlled ninety-eight per cent of the business of refining sugar. Six large interests--Armour, Swift, Morris, the National Packing Company, Cudahy, and Schwarzschild and Sulzberger--had so concentrated the packing business that, by 1905, they slaughtered practically all the cattle shipped to Western centers and furnished most of the beef consumed in the large cities east of Pittsburgh. |