The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-11-18
rrnats Ara All Right Now.

| There is one class of securities that have
/ advanced in price since the election. They
are those OF trusts. Other kinds of securi-
! ties. however, have declined. What is the
explanation Of this condition of affairss Is
it not that the Republican party is the
! friend of trusts
Before the election the republicans freely
| predicted a rise in all kinds of securities II
/ their marty were successful Their predic-
/ tion has not come true. The securities of
/ legitimate enterprises are not in as great de-
mand "a they we're a couple Of months ago.
| Only the securities of trusts appear 70 be
popular.
Mr.. Cleveland is not the friend of trusts.
In message to congress he pointed out the
danger with which they threatened the
country. and advised gislation to check
their growing power. That message made
all tie trusts his enemies. They contrib
utei money and influence to defeat him.
Had he been reelected, they would have had
the whole influence of the government
against them. The success of the Republic
can party irsures them of the sympathy
and help of the government The peoples
interests will be sacrificed to promote those
of trusts.
Immediately after Mr.. Cleveland's mes
sage against monopolies there was general
decline in the securities of trusts. When 1t
was announced that he was defeated, these
securities advanced The whisky trust GER
tificates are worth p per cent. more than
they were three weeks ago, and the market
value of the certificates of the cotton seed
oil trust, the sugar trust, the Standard On
Company, and other trusts, are steadily in
creasing.
A Wall street broker said a day or two
ago that it was remarkable how buoyant the
trust companies stocks had become since
the election. The reason was, he said, that
there had been a sudden revival of conf
dence IN trusts. There is now no fear of
legislation hostile TO them, and there is be-
lief that they will not only be let alone, but
will be able TO get whatever legislation they
want A member of the Standard Oil Com
pany is reported to have said 1--WE are 100
per cent better off than we were under the
uncertainties that were prevailing"
Trusts are private affairs" said Mr..
Blaine, and of course will not be interfered
Win DN lilt Ia pOHoi do AOAlS oS
the republicans are in control of the govern
ment. That is why they are rejoicing, and
why their securities are becoming more
valuable They expect that no part of the
tariff which fosters them will be reduced,
and it is probable that they will not be dis
appointed.
The people of the south know something
of trusts They are being virtually robbed
by trust now. 1t is the bagging trust.
1t has already taken hundreds of thousands
of dollars out of the pockets of the planters
this season, and it will take hundreds of
| thousands more.
There are very few trusts now, compare
lively. There will be many more Of them
before the end of Gen. Harrison's admins
tration. and they will be absorbing the
wealth of the country and making paupers
of the people at marvellous rate.
The Democratic party is the foe of trusts.
The people will discover that they need its
services and will call it to power again in
| 1899