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'- "' ' ' VT""" - ""FT lows when business exceeds the unit of greatest efficiency; an indictment of the whole trust system. ' John Claflin may have been an ex cellent man to run-gne store, but when it came to managing many all over the United States, he and his management utterly fell down. It is no evidence of bad business conditions in the country. It is no evidence of tight money, because money Is not tight. What it is evi dence of is the economic mistake of Louis D.Ura.-HdetA undertaking to link together a large number of businesses under a single financial management. Morgan sacrificed efficiency to monopoly In .the New Haven Rail road. The New Haven has been Mor ganized into physical and financial bankruptcy. The same- thing hap- - pened in the combination of the San HE BIT OFF MORE THAN-HE COULD CHAWI Francisco and Rock Island railroads. U)f pamphlet entitled "Sugar at a The Claflin Company tried to do in the mercantile world what Morgan did in the railroad world, and the re sult is an exposure of the funda mental fallacy which underlies, the whole trust movement the ineffi ciency of merely bigbusiness. Sain. OfflSJiu John Clafln, head of the biggest dry goods concern In the world,-the H. B. Claflin Co., which has just gone into the hands of a receiver. o o ' ' VIOLATED POSTAL LAWS Washington, June 27. Report by inspectors of postoffice department to Postmaster Gen. Burleson finds Tru man G. Palmer, sec'y and tre'as U. S. Beet Sugar Industry Ass'n guilty of violation of postal laws and regula tions when he mailed throughout the country under frank of Sen. Henry Cabot Lodge, Mossacnusetts, copies Glance," and that the government has been deprived of $57,600 in revenue through the- misuse of the franking privilege. ., o o i-s John Kostvlach. South Chicago, Jsufcided. Gum fcr- .m&mmm0mwa&:i SW &nMi.hjs, ,'eet.