The Daily times. [volume] (Richmond, Va.) 1886-1889, 1889-12-24
TRUST LEGISLATION.
BILLS INTRODUCED AGAINST THE
CONSPiRAC,ES.

Growing Feeling Against Mr.. Blaine
"PrIvate Ansirs'-Ths Case Of Mr.
Leedom-yirginia vs. Tennsssse-Hoii
day Recess OF Congres-Capital Nstes
WASHINGTON, DC. December 22.-lspe
cial. The introduction Of several bills N
Congress relating to the great abuse knowf
rs TRUSTS" has melted n discussion on
that subject: and rs there is a standing cry
against monopolies and sorruptons, 1t were
well 20 understand exactly the diiiereuct
between a regularly chartered corporation
that acts under the law. and a private
affair."" as Mr.. Blaine called the "trust,''
that violates the proper laws OF trade and
defeats the principle Of supply and de-
mand.
The corporation, whether running a great
railroad or a big factory or a small local
business, is an organization Of men TO bring
capital and credit to cooperate with labor,
and create demand aud supply on logical
and lawful principles.
On to illustrate it, II there is a rich coun-
try in the West, agriculture or mines. the
pioneer might pl0d his way 10 1t with his
wagon labelled Pixies Peak or Burst" as
Mark Twain puts it ; but the corporation
Of many individuals gets the mail ronte
aud the railroad and the postoilice
and builds the town. The corporation
may make big money, but the people who
settle the country make in the aggregate
about one thousand per cent more. The
State Of Virginia was settled by a corpora
tion. and the same il true OF many another
great enterprise that has made great COM
munties.
At the present time the Southern states
want all the corporations they can get.
There il millions Of capital and there are
workers 10 use il. The corporation comes
between the capitalist and the worker and
achieves the great result
But the trust is an entirely different thing.
Ii is a private enterprise and combine"
that sneaks away from the law and gets up
a dark alley. II organizes capital 10 irus-
tratc the objects of the law. 1t has no
charter, but works by conspiracy 20 hold
the supply of certain article and put il in
and deprive the people of the
supply.
ltalso freezes out the competitor who will
not enter into the conspiracy. and when the
market has no supply It blackmalls the peO-
pie into its own price.
The law therefore points It's finger at a re-
cent organization that has not asked y
court or legislature 10 give il a charter. IL
is plan 10 Nil competition and destroy
the chances of the poor man 10y MASKING him
and keeping him ont of the market.
Congress. therefore. proposes 10 take ac-
ton on this great abuse. and the popular
II n ~. finn iUR
that will stop tins monstrous iniquity that
Fan 10y "A secret combination. unrecOgniIed
by law. perpctrate a wrong ON the whole
people every time they buy necessary ar
licle Of life.
IETDOM's CASE.
The skipping treasurer 10 the >ergcant-at.
Arms Of the House OF Representatives, may
be- at the opera tonight in London. rs 10 ap-
pears 10 be- settled that he il not the last or
lAment 10 the uerican Colony in Canada.
But 10 Will be- long before he IL forgotten.
or his trail /. scented with the fragrant re-
grets and curses Of many badly left states
men whose money lie look with him. But
lne % his "reminiscences il a locked up
package that the red tape OF the law vii
not lot any one 10 get at, and IL appears 10
leed some talisman's order 90 ind the
>oy.
In the Treasury Department, amid stack,
Il glitieriug gold and between big tiers If
'fisp pictured notes amounting % many
Millions. there rests brown package. |
,laced there boy l.eedom or -ilcott.
n il embroidered with official sca,s |
stamped on sealiDg-wax, and the legged on
hc brown paper package runs thus;
"Contents Of cash compartments 0f SER
House Representatives. |
called for purpose Of delivery t0 Treasurer
t United states. pursuant t0 resolution 0f |
he House, December DIST. 1882" Signed |
.eorse I. Leedom, George Adams and |
lthers.
The package contains about $4,000 in !
iotes. checks and Other securities, repre-
cning all laat 10 loii Of the departed sill |
'oit. Il needs AN act 0f Congress 10 let |
pen the funds and -ay what shall bee done |
With them. The Yiciimixod members are |
mourning, and. IN scf. they wear sack |
.loth and ashes for >iilcott.
VIRGINIA AND rENNEssEr.
The supreme Court to-day granted the |
'taie of Virginia leave 20 file "a
'omplaut a-inst ;he treasurer of
he -ta,e oi Tennessee in the matter
ID the disputed boundary line between
De two >taiU., one Cf tho curious uoiut- |
,bout the boundary line i that the town OF
Ti,iol never knew 90 which State 10 Doe
onged, as the line lctWoln Virginia and
Tennessee runs right tAfouga tue middle
# it.
THE CONGRESSIONAL RECESS.
Why Congress should vote itself two
weeks Of leisure in honor of Christmas tide.
s. O. c0nunlrum that not even the end man
If mewspap rr W could answer, but all the
anne thcy dO it. and the salary goes mcrriiy
dong Speaker Reed has done what no other
Omor autocrit has done in ihe same
ength ~ time lie has appointed All the
and started ihe machine, and
70 the sane tine arranged tor The defeat ~
he r,.ies aud the accomplishment OF the
federal election law or Force bill. a. IL is
allied. Whether all this can be- carried out
~ the card. as Speaker Reed ordains, IL
mother cOnundrum.
We are inclined 90 think that the Repub- |
lean auiocrat OF the House understands !
iis peculiar power perfectly bus II not quite
up To The popular opinion oi the country. |
lc is dead 10 the fact that though The e.. .. !
p. has both houses Of Congress and the !
're-idency, sill the popular vote OF the
american people is largely Democratic.
Speaker Reed, gaSel is magic wand, !
md with the tap Of the wand be can rule |
Jiggcr he is as autocrat BE worse ID il fO.
iim. For the Big CAief has said that per-
lars the les, way 10 abg0gate bad yies
Is 10 tgY and carr it out, and Air. Reed H. !
rot greater than tnant.
The tonHcs.men will return home on the
,ih Of January after talking with thcig
and. perhaps, The Republicans
yil have found out tha, ",orcc bills"
ire behind the tl.re But the in
siderable e,nceit Of the Republican
eader~ may hold them ap 10
he present idea, which /. 70 put IN The two
Republican contestants fsom the North,
which vii! give sen majority in the House,
md then count Out as maIy southern mem
lers as can possibly b. done with any show
# bogus testimony.
LEEDOMs AssETr5.
Tn. assets of Sergeant-at-Arms i.ee6om's
'fice, found by the silcoss investigation
consl..iB. OF cash, notes and
'hecks, al.oahiiu. 70 $4,000 are now in the
ilnas Oi United States Treasurer Huston,
n compliance with the House resolution.
rhe Treasurer will hold these ..sris sub