Mr. Rockefeller not only owns the Standard Oil supplies: he controls the railways, the banks, the shops... upon which his Trust depends. The Steel Corporation not only makes steel; it owns coal and iron fields, ore steamers, the Erie and Pittsburgh mineral railway, as well as the operatives in Homestead. We oppose the Trust, not as an organisation, but because it is controlled by individuals for their own ends... But the Trust points out the line of British advance. In this country, however, the introduction of the Trust should be marked by public ownership.

The Zollverein and British Industry (1903), pp. 159-160.