Idaho semi-weekly world., 1890-09-05
TRUSTS AND no....
what the rubiIe lsesu,.,,.
tions VIII T.s.s ~ = e. -

|<lt1
What the rubiIc iseeu,a,,
lions wiil Lsaa rs' : e q
An actual trust Of
the power to make os
perilons. IL may push s''as II,
the point where new es,.s'. s,. n
would ordinarily be creatsa <ss'''l'..s
point where they are in 49, - as
created in the face q ths ss'ss' Il
When the profits Of ths " 'ls
tempt men TO take the 81 7 soatlas
and-death battle With i
must stop. The Interest I, = 4, sl'x
and especially Of the wo,t,. \, As
mands that it should ston x !. % 4
the limit thus set; vet XXI.
be no clearly defined aea' ss'e VI
ence that can compel it 4 ~ 4.
far as potential competis'. ~
cerned, the public NAV W. ~
from the exactions cf t,nssu saa
workmen may experienoa !, WI
their due proportion Of ~ 10y
there, then, Q fu,sh w
ence that can ha A'i
on to curtail extortion? a., ssl y 4
perience answers the ouass, ~ R
attitude of the people towars sA y.
poses a check on their .o,,s NY
beginning to take a defina@h,s @ I
does not follow that the m..a ,a's
combinations care for the nso.'a 49, e
least; there is a limit to H. sas
which they can afford Il .sa' W. &
them. Public action WI ~ ss'l
only when there is a conslde,,S. =, II
son for it, and it is cooa 'sas y q
avoid giving such a reason, Z r.' M K
OF the people, when it taxes =
shape, Is in the main throa.. 3
and Legislatures. But can ~
own court and a Legislature, !.
yet it may prove more difscnl, / rs
has been for corporations "a q, II
Back of the court and the Tesi',.. Il.
q contest with trusts, stand N n
Labor organizations are. n ,.s
nection, a positive and .
factor. They enable tbs :.
opposition of the peouls J W.
monopolies as we ara A..
to make itself felt in 4 ",
would otherwise be out Of the NC
They control votes that I,ess,s
courts and. indirectly. tru,s ,ll
respect. We are entering n
public regulation Of monouolIu
are making our first experine,s,
quiring the art of such regulsta s
monopolies are here to stay; ssl
they have, by reason Of latep. i,
tion, far less power than Mt
thought attributes to them d.
power enough to make enesyss;
action q moral certainty IN IL
future. We shall not need toor
monopolies il only we can vist <
ulate them. That, however if;F ";
nature of the alternative ths, 4
sented: Buy out monopolies 4 /, 4
them" is the word. Possiby /
buying out of monopolies, sous
have US omit the formality Of :
for them. Socialism everyvhsa
for the absorption Of trusts 4
state with or without cOnfn
Sound thinking substitutes i
hon for ownership; and event
in o way, to decide bstEsa
two in a summary manner.
action that shall wisely and aUs
ly regulate trusts will make scta
eialism q very remote contingsa
will be, in the end, welcome i
trusts themselves. A moiefsR
that is lawful and safe will benl
tractive to capital than a large u
is irregular and perilous Tie
regulation of trusts is somethI
casts its shadow before, an!
shadow is an ever widening
While a decision Of
or legislative statute Is imna
affects the action not onlyot thsl
that is directly touched by it bE
others. Potential public actia
potential competition, keeps aIS
within bounds. One actual Y
one actual limiting statue, b.
feet OF holding 1asr os
organizations of the KIM
it actually strikes. wa
now see is the oeg, n
of the process-a few dsa
many bills not yet passed, s'a'
tive work with commissions bl
mere beginnings suffice TO tAM
restraint on the action Of nass
The perfecting of the system
ton may involve a painful ~
! process; but it can only end v
lating us into new econonAs =
in which the state, on tne on
and an industrial society Oh w. I
will see what is their true ~
each other, and will spon'anN.
sumo it. We may theorlle =
about the limits of state acu0a
in this direction have a specn'
terest. Events are giving w.
of the relation of the staN v
almost faster than we can NAV
the study. B. Clark ii "
glander and Yale Review