ABSTRACT
Industrial combination in Germany is brought about in the following way. A number of firms producing same class of goods agree to hand over the control of their sales to a central board upon which they are all represented, by whose rules they are bound, and to whose funds they contribute. Every member of the Kartell — as the German type of combination is called — must open its books to the Kartell's officials and carry out the Kartell's instructions as to price and output. If the Kartell is skilfully conducted it may save expenses in freight, and generally give to its members the advantages which a well-planned system of co-operation has been found to confer upon Danish and Irish farmers. The policy of the Coal Kartell has excited the utmost resentment in Germany. But the transactions of the Westphalian Coke Kartell have been even more severely criticised.
