ABSTRACT

This is the story of one of the most fascinating of the lesser trusts, The Ice Trust, which briefl y but spectacularly succeeded in gaining monopoly control over the New York City ice supply. It is the story of Charles W. Morse, tycoon and robber baron, founder and president of the American Ice Company, who ruthlessly ordered prices raised and service cut upon securing his monopoly position. And it is the story of the ensuing public outcry, combined with natural competitive forces, which dethroned the ice trust and quickly sent prices tumbling to pretrust levels.