Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1889-05-18

HUSH n - v - go
The Senate of the New York Legislature
has been investigating trusts.
The committee appointed for the work
was composed OF four Republicans aud
three Democrats, and has been engaged for
more than a year IN its so called investi-
gatiou. The maiu interest attaching to its
report. made ust before adjournment, Is
found i'm the fact that through IT the
trusts themselves speak in their own be-
half
The COMMITTEES was appointed last year
under the pressure of a popular demand
for protection against the rapidly multi
plying combinations. IL soon became APP
parent that the Republican majority we're
dominated by the very interests which
were under investigation and 30 success
fnl we're they 10 delaying the work that
the COMMITTEES was unable 70 make a report
10 the last Legislature It WAS authorized
to continue and report At the next session
and this has now been done, the Republi-
can majority reporting Is the strong cor
porate influences At Albany require to be
done. and the three Democrats emphat-
cally dissenting.
The substance Of the Republican major
ity report is found in the following SELL
tancss m IT.
The more that is known of trusts the less they
are feared There has been remarkable change
iu public opinion regarding them since the COM
mencemcnt OF the investigation. To d growing
sentiment that the evils ct which they are the
cause are short lived
From this opinion the Democratic mi
nority emphatically dissent, and the large
body Of the people dissent The doctrine,
set forth by the Republican majority, Is
that proclaimed by BLAINE. last autumn,
which brought upon aim the elndemna-
ton Of even a portion OF the Republican
press. The Republican National snd State
platforms and Mt HARRIsoN's letter Of
acceptance, all condemned trusts As
schemes 10 Cypress the people, ~ evils, "
and 'abuses." Before the election the
following sentiments were given 70 the
people. The Republican National plat
form said
weteoiare onr opposition 90 all combinations
of c.pital. organized I'M trusts or otherwise. %
control arbitrarily the condition of trade among
I our citizens. aud ies recommend 90 Cosgrf's and
ne Slie legislatures ia lleir respective jurisdictions
s..i .rsai0u "a. er Dreatt le etsc'aion OF al
s,lens, % opprsp hep soDis b. undue charges on
tlsir npp'sor by unjust rates Tor the transports
ton OF their products TO market
The New York State Republican platform
said.
The legislature of iS,s gave proo' OF the pnr
po>. and sdoTi % the Republican party 90 enact
laws Tor tae best Interest Of the people
Tho ia tgation ig,o '-lt. dif combinations. O.,
uoshr tle- .li., lso'ci. points ne ieab % st,o'na
'att.o.
President HARRISON s. letter OF accept
ance said:
"rhe declaration the convention sgainsi al
combination. ofcspital organized In trusts o
other Fise 90 coatroi arbitrarily the condition O
trade amons our citizens, Is in harmony viii
theviews entertained aud publicly expressed by
me- LONG before the assembling OF the conven
uon. Ordinarily capital shares the losses ofidle
moss with labor. but ialsr one optroiono az 'rus
as slrif of ie forms ,ic rag. rorter alons suffer
loss. while idle capital receives iN dividend
nom d trust hind. Producers who refuse To JON
the combination are destroyed, and competition
AIS am element price is cimiuaieL 20 caH'i'