Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1888-10-11

holders in the Standard Oil trust at every
critical election within the last five years
and are now relying upon the gracious con-
tinuance Of that aid in the pending national
crisis. So notorious was this interposition
that the Ohio legislature memorialized the
United States Senate TO cause an inquiry to
be made into the alleged corruption in the
election of the last democratic Senator from
that State. | don't undertake to say there
was corruption for know nothing personal
ly of 1t, but do say a memorial of the State
legislature was presented BY Senator Sher-
man and rightful, legal and proper oppor-
tunity was given to search through and
through for the truth and for thorough ex-
animation into one of the largest trusts in
the whole world. Then was the time for
the democratic senators to make an examina-
ton into trusts. One of the largest of them
was before the Senate and before it legiti-
mately, and yet you know how the democrat
ic senators fed from the task Nor was the
rumor quiet as to the interposition of the
national administration TO suppress the in-
yestigation. If President Cleveland had
been as eager TO examine into this great trus,
as he was TO denounce them all in his mes
sage his opportunity was there; but unless
all rumor is at fault social Establishments
were lavished upon republican senators to
secure enough of them TO join
the democrats TO take off the
curse of unanimous democratic resistance
TO the investigation of the trust. Loud ap-
plause. In addition TO these trusts that
have named, comes the cotton seed oil trust,
which is in the hands of southern democrats
and its power is used to aid the democratic
campaign. They do not apply their money
IN aid of the southern democratic party for
southern democrats are too high toned" to
use money in an election. Laughter and
applause. They have found more excel
lent way in the south and they reserve their
pecuniary contributions wholly for the north
ern field. Laughter. Fellow citizens, l
have named five trusts in which all the evil
that can come from trusts are conspicuously
prominent. pause now, and if there be
democrat in this assemblage, | ask him to
tell me one great trust in this country con-
trolled by republicans with any political con-
nection, or able to exert any power of the
kind have named. No reply came and
Elaine proceeded. Some one may perhaps
say the steel rail trust. Well if there be a
steel rail trust it must be privately known to
the democrats who make the accusation, for
it has certainly never been known to the
public, and as matter of fact | believe it
H.
Or, more probable still, in democratic inven-
ton. But avail myself of the opportunity
the mention of steel rails gives me, to clinch
an argument that was made in reference to
the salt trust. Steel rails in this country,
under the influence of Il high protective tar
iff, have dropped in twenty years from Sll5
down to S3l OF S33, and have in fact sold as
low as S26.5O per ton. All this result has
come about of course by way of illustrating
the Presidents doctrine that tariff duty has
invariably added to the cost of
an article Laughter and applause.
This fall in price has been steady
and continuous, and if there is steel rail
trust it certainly has been one that would not
keep up the prices, but steadily lower them
but the democrats are camoring for free |
trade in steel rails or for such low duty as
will permit the free importation of rails |
from England. Well, suppose they should
attain it, men engaged in the steel rail busi- |
ness have just as sharp eyes TO their interests
as Burt has to the salt interest in Michigan. |
What then would happen? Would it not be |
the earliest thing in the world for fourteen
steel rail manufacturing establishments of
this country to unite with about the same
number that exist in Great Britain, and make
the price of rails what they choose, selling
them all the time at the very highest price !
that the purchaser coull bear, thus ilustrat-
ing anew and afrcsh that il il free trade and
not protection that gives a wide and limitless
field for operation through system of
trusts.
In conclusion Mr.. Blaine said that Cleve- |
land in his denunciatioas Of trusts, had
failed to strike the point of objection to
them, while Gen. Harrison in his letter of
acceptance clearly vindicates the position
which the republican party holds on the |
subject
Mr.. Elaine left Goschen for Indianapolis at
4 y NJ