The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1891-10-16
PArsRnALIsM.
zow II Exists In the Management Of oas
RAuwnF 8fSekN

How u Exists In the homogeneous Of 0aF
RAILWAY stsekS
OF the millionaires In the United
States there are thirty five worth over
thirty millions and the highest Il
placed At one hundred and twenty I've
miliions How were these stnpendous
sums obtained3 A large Proportlop
by watering stock OF corporations A
large proportion by forming combin-
atoms or trusts, acquiring all that u
purchasable of an article OF general
utility or necessity. and advancing the
price so as TO compel consumer TO
yield 70 them the amount exacted as
pay for the trick or scheme that was
worked These two means represent
how over two-thIrds OF this wea III
was ACQUIRED. Is It legitimarea Is it
right? That Is not business nor is it
legal management 1t Is true that II
acquired. there Is no law that can be
practically applied 10 cnmpel them TO
refund. Bnd in that sense /, IS legal;
but Il Is contrary TO the spirit OF law
and equity. and II proper remedies
could be applied 1t could be stopped.
Is il not the duty OF the government
TO provide for easier. less expensive
and practical remedies that can DO APP
plied2 Most assuredly it Is. Is there
any law 20 prevent 4 corporation ike
the Richmond & Danville system from
Issuing twenty or fifty millions stock
or bonds9 Certainly not. II these
bonds should be issuod-simply TO
divide among It's directors or stock
holders-is there any law 10 prevent
it, There is not Then after issued
and made part OF its Indebtedness -
there any law u prevent the tariff and
passenger fare from being fixed 50 as
TO pay the interest on this batch OF
watered bonds2 There is not2 Why2
Because the corporations control CON
gress and congress controls the Couu-
try. =
But 1t is pHternG!ism to control tho
corporations Yes that Is pltcraul-
ism in one sense. Anything i p1ter-
nalism that intcrfores with the right
OF any man or set of men 10 manage
their business as they please. Strict
construction OF paternllism would not
permit n railroad TO be supervised by
n railroad commission the toll or u
miller fixed by law. the fcr.iage At
public ferry fixed. II letter or lackugo
carried by the government All these
acts are paternalistic, Yet how many
howlers against paterualsm will deny
that this protection OF tho public
against individual greed has boon
wholesome. advantageous and pro-
| fitable. Yet on the same principle
| for the snme purpose and with the
same ends in Wow that each OF the
| paternalistic provisions above cnum-
Grated were intended 10 subsaryC all
| the demands of the alliance are de-
nounced rs paternalistic. Some wise
acres go so far as to declare that be-
cause they are paternaljstic tlrIt tEcy
? are un-democratic Now put Your
| faith and your work TO a test Tnos.
jefferson wns the founder OF demo
I cracy. Was not tho mail service es-
tablished during the time he figured
as n publicIst and did he not cuunten-
ance and encourage that AS we as all
| the other paternR.istic measures 10 OK
| istence in every state, which are cnum-
Grated above II sundcuiuble that
| they did Then why should they b.
so obnoxious TO demo ,racy now. when
they were endorsed BY the founder of
the party2 There is no sound roasop
| for IL Alliance Herald.