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The Powder Trust, 1872-1912 delves into the history of the American powder manufacturing industry during a period of significant industrial consolidation and antitrust scrutiny. William Harrison Spring Stevens meticulously examines the formation and operation of the so-called "Powder Trust," a consortium of companies that sought to monopolize the production and distribution of gunpowder and explosives.
The book explores the business practices, competitive strategies, and legal challenges faced by the trust, offering insights into the dynamics of industrial monopolies in the late 19th and early 20th centuries. It also sheds light on the social and economic impact of these powerful entities on American society.
Originally published in 1912, this historical account provides valuable context for understanding the evolution of antitrust legislation and the ongoing debate over corporate power and regulation. This title is a must-read for scholars and anyone interested in business history, legal history, and the history of American industry.
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