The Hot Springs star. (Hot Spings [Hot Springs], Dakota [Dakota Territory, i.e. S.D.]) 1886-189?, 1889-11-08

tn9f0 oud0ng loeAy Q04IoeN. Ff
consumption; namsly, .b4rbsd vire mSde 81
steel aud iron, the prico Of: which has boon al.
i% neaesa sd Is n0 en many ~ y essn g shs r R.Ssq = To- s has
s SnHn i ss esn 5. s .aia s aaa s ss :ssash = . no s sSsas
upon the price.
Take the great industry Of tho manufacture
81 machinery. whether Of engines or boilers or
the numlerless machines that ere used In tho
m aH1,nsss indussries IN our country has
heard 81 none. So that I challsnse suocsssfui
contradiction, when I say tina. ali the meat In
trusts are an exception. Yet, in free-trsds I'm
gland they have an immense trust, even In salt,
and they tried to make the combination univer-
sal Iytextcndtng 1t to tho United States, but
it prove faflars5 Salt in its natural stats Il 90
that It would be impossible to eject combina
lion for any long period 81 time which could con-
ways.
1 challenge successful contradiction whom I
say all the great manufacturing industries az
our country affected. by tariff. legislation, such
ulactufes, the boot and shos manufactures, all
s form ), and articles OF clothing. tho iron AID
o soosl ms ths Is an re- th; are e,,s so G. co I'D. ID %. our
ably Tor all future time, 1t. will not be possible
To- make combinations such as I have described.
true that tho tendency OF the present time, irrs.
speetiye Of the teif or other iegisiatison. ID
and sSas ssfee sdneo prisasa P Fob s Ni9 tSs 81 m ssat sfan9S.
cant Illustration Of this is the present one.
which seeks to control the price Of beef cattle.
NOUS aggregationsa and combinations of capital,
s SO , that r, probably l,,lI!y e four mon. in Chicago, llsrgely
The Senate has already taken action a. re.
spects this great combination TO elicit all the
iacts surrounding 1t by . special committee ap-
In its work. What the result Of the efiortee Of
that committee will be. whether they can devise
j. iss stiii an e %ssh aass t. as'i say s The e1 II aae .siss
they can do. They can ascertain the price paid
Tor 70. cattle and can also ascertain the prios
dressed meat when 1t shall have PASSED through
their process Of manufacture. and comparing tn
csived by them can, In the most public way,
nous profits as is believed. And d4 ossrts il this
Lutte publicity of these important facts.
Both political parties in their platforms this
and trusts. and have asked Congress- and the
s meas,,r to ad 1oIa ssvefe Teatsietiys legislative
l"es11 already i antie seasee q tbe sse res UIitad st. snS
through 2 COMMITTEES, Of the Senate, IL giving
careful : a attention to this subject. AS long ago
tnance roporteda stringent bin on this subject.
Icing Senate bill s4!5. Being q member OF
thiS committee. have knowledge Of the
deal riigidly with this subject. So far as
Know there was not 9 member Of that commit
1 49, SAptS 4>cllOCI6tIC OE republican,. WHO WAa
not willing to 10 as far as legisistion can 10 to
destroy these combinations al punish the men
E San. are zen ei,n1g s,gs in them. hold In my hand
to read II but simply to say to you that it is q
bill rigid in its provisions providing for extreme
binations. and makes 1t lawful and legitimate
Tor whoever may be injured by them to recover
NOT oniy the amount of loss or injury, but to
recover the entire price paid for the article. sold
under any of these combinations to increase
prices or restrict production. I have seen no
State law. or through any proposition made in
tho SENATE or the House. Of Representatives.
Numerous bills We're introduced also upon this
subject In tho House but no committee of tina
body, ut tho last session. reported any Of theHe
bills back to the House. So 1t may be safely
said that the Republican Senate has taken vi
this question with earnestness for the purpose
Of dealing with IL in the interest Of the people
1 1as ,i Ssa'n Mas s sh9 ,9,,;t Trusts 'S,,r, and ts co 9aii
Of last winter and 10 occupied with the tariff
bill TINT 1t WAS impossible to secure a vote
short session, but you may rely upop-i..
the Senate of the United StateA early in the
next mex. session; will take E5ec this question: and
penal e&isIa lion will be done to thwart and i'm
pt'te, and. II possible, destroy these combina-
Mons and trusts. Our own legislature dealt
this legislation needs amendment no as to make
it more restrictive. The States must deal
largely with this subject, as these corporations
cngaaing in these trusts arc State creations and
amenabta 10 State laws.
The theory upoa which our whole tarif system
is based is antngrnisda Ia the idea OF trusts.
The theory is that by giving our own mapufac:
tuners. producers, and laborcrs the markets Of
orr own country that among the e5,OO0y0oO Of
such division of labor as will bring the price Of
articles consumed down to the point where only
IL reasonable remuneration will be given to those
who invest their capital. in the form of profits,
and reasonable and proper remuneration to the
iaborers who produce the articles consnmed. and
TINT tii:s competition will cheaper all these ar
\ ticles to tho consumer down practically to til,
cost OF production; that the competition Of s..
ooo,oo9 Of people Will be such that undue prohts
cannot be enjoyed for any long period of time.
Now. II it can be showI to me that the effect %
amy amy tariff duty ta T. Is y Y ?n ensf BE these the o s1a,a ~ or,
vancing the price To tho .eonstmef beyond whai
would be legitimate profit. under competition. j
Republican party is rcndy, to 80 readinst tx
formation of trusts II. t;iefr productions, Or d
stroyttcm where they exist.
Under our tariff system our foreign trade il
constantly increasing each year, showing an III
crease of both exports and imports over ths
same psriod of last year, and largely In exccs.
OF any yeki since 1882.
The policyof the Democratic party ia to M Il
ttply the number VI agriculturistsl lThe policy
OF the Republican ~ltttyjis to diversity employ
ments mud industries. a5q increase consumers
present policy Nc have grown strong, rich aud
great. Our .levelor,nsnt has been SO rand. and
gu gu. d Grnsp ,,n,;n, 80 os gT E,s., compared as With that Of
Il VIZ VlsAGt WI tbAtbUt ICH xlVk UOu
us with management and admiration, and their
! Neople annually flee to our siores to escape
ii,sn want at home, and to share this prosperity
4 will. Ms
Nov. VIC IRE asked to abandon a policy which,
is %becoininy the policy of all civilizations and
To initiate Ele poliC--' OF Grent Britain, whose
situation and iaydition is wholly different from
our own. quote p single foreign opinion Z
this subject. ana plecs it over against tue d
~larntion Of the Deinpesatic platform. Prince.
Bismarck. In a speech TO she German Parlia-
ment, said:
"The success of the United states In material
! development is the most illustfiotlS Of modern
t,nans. The American nation has net only sue
ccksfaaaty borne and suppressed the most ldgan.
gantfc wst ~ al history. but immediately af-
terwarl dfst,s taf.s4d its army. found employment
of its debt, given iasss1' end homes to al the I'M
employed of Europe ~ 6 1t as thoy could arrive
within its territory. and stiH bya system Of
TAXATION 30 tnifrecta rs not to 1eperceived, much
less felt. Because it is my dotXperate iudg-
meht that the prosperity Of America II nainiy
has now ~roneiiel that point when it IN ne0eX.
sary To initiate the tariff system of the United
States"
Enlightened Germany under the leadershfp
\ of this great Prince, has initiated the United
States. in its tariff policy, and has entered upon
= career OF prosperity unknown In Germany
before. Now. we are requested to turn our
heels ON t,as policy and initiate England. iso-
lated a. shs Is upon q little island not larger
except In manufactures, with q treat ponuIs.
ton requiring that all raw materials shail b
brought there free OF duty in order that her
population shall be actively employed In work.
ing that material and selling the product e
i nGhor natiOna Atn va vvifI, a no,,kSnr~A n-.-a