The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1888-09-06
THE MATTER OF TRUSTS
Ably Handled at the Y, NJ, D, q, Hall
Thursday Evening by Judge
A,A, 'fhayer,

The Young Mems Democratic Club
met last evening Ia their hall for The
putpoAe Of iranhactlng SONS nntllhned
business, The annenncplnelit u tbe
NEWs- DEMOCRAT llNI Judge Iliiytf
was 10 address the club on 'uolnplna'
lions and rrnstsN drew large crowd,
Az he was not present NJ the opening
ofthe meeting fhe dub went on with
the regular bnsinefs, several new
ngmea were voted IN aa members aud
6eyelal more applications were pro-
posed for membership Inc commit
tees that were appointed hl the last
meeting made thtr report anu welf
d sGllarged In n frw minutes Judge
Thayer put IA apprQfahet ana a good
round OF appliance eittlsilhlinn 10 lie WaS
escorted l0the chair Of llpi PRESIDENT
by II IecAptldn eonmlller President
MonD6ftiien introduced hin 10 the club
,feB dd9e' lhayer aTO y ANA aIler address
IaRt the chair he aaid 'plesumptlyely
every man before me reads The Nation,
IN q recent number Of that sheet Home
smart Alex saw lit 70 pay \ glowing
tribute 10 James "a blaine MI, blaine
had Just been abroad aud upon return
ing home he made Il epttcl 70 his fel'
low citizens, N waa ~ that speech lle
made use of The remaIg that trusts
were largely private affairs with which
President Cley land had nothing 10 do
IN the face OF the fact that his
own party had denounced them IN tllelr
Chicago platform, These trusts have
raised the pfice of sugar 20 per cent,
aud OF steel beams 100 per cent, hnd
yet MIR Blaine says II lHH private hiIalr
lle had Just been abroad ana had been
leastlng In oriental Orllllancy ~ the
castle of Andrew Carnegie III scotland,
who, IN q single year made enough onl
OF The steel beam tust 10 pay for Thai
pdlatial cu6te, In my few ftmufks 10.
iight shall only deal with three OF
these trusts. viz, The sugar trust, the
steel beam trust and the cotton seed 0 !
trust, 1 1hese are the three grtatett
munupulits of The ugr We consume
great nmUunt of sugar In this country,
and for every additional cent put upon
the price OF sugar the uuit N en-
nChc t0 The amount Uf aal al,UnOO',
The next of these great monopolo6 10
the steel beam trust, SCtel beams nie
used IN all large buildings and IN all
bridges, I'm 1887 II cost about $50 TO
make Il ton OF Steel beams ana the
labor of II amounted 10 about 80, Now
IN that same year they vert sold for
SGG a ton, There are but twelve steel
mills In the country aud Mr. Carnegie
owhg one Of them, Now II " costs $50
10 make ton Of steel beams they
should have u profit OF ~ per cent,
which 10 II reasonable profit, and that
would put the price Of steel rails at SBB,
There is where the tariff line should
be drawn, But instead Of that every
user Of steel beams was made TO pay
500 u ton aud the money went into the
pockets OF Carnegie aud the owners Of
the eleven other mills. by what law is
such u thing allowed 10 existY Now rs
10 the cotton seed oil trust In late
years they have pressed cotton seeds 20
make oil from them and to-day America
alone can challenge the world on cotton
seed oil The tariff today on cotton
seed oil Is % cents q gallon and every
user Of cotton seed oil Is made 10 pay
that II would be impossible for this
state of things 10 continue II the tariff
were reduced and the remedy that the
Democratic party proposes TO give you
is the Mills bill"
Judge Thayer's remarks were very
attentiyely listened TO and he was fire..
quently interrupted by applause, but
when he characterized President Cleye-
land rs the American Bismarck aud
predicted his reelection by IN over.
majority he brought down
the house A motion was then made
by 5. d, Mayer 10 tende Judge Thayer
u vote Of thanks and II was unanimous
ly carried. The meeting then adjourned
and the club went down TO Cherry
street, where they had short drill exor.
else.