The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1892-01-20

know tndU Unere are thousands OF dealers,
so called, having contracted to deliver what
they do not own, and are not able to buy,
resortng to all kinds of devices and frauds,
mixed with falsehoods and misrepresenta-
tions, to break the market and reduce prices
before their contracts mature, so as to leave
margin for another speculation, to be be-
gun in the same way, with fictitious or fiat
products.
THE Cleveland Bay is a long-known
English breed of horses, which seems
TO be now coming to the front as a
valuable one to raise in this country.
They are asound-footed, easy-traveling
style of horses that are easily matched,
not costly to keep, and likely to become
popular. They are not in any sense
rivals of our Morgans as single drivers;
but it isht be worth Verm mt horse
mans time to make himself familiar
with a class of animals not hard to
breed or keep, and easy TO sell at good
prices. -
this time, to denounce rich men indis-
criminately. 1t is no crime to become
rich by honest means. There are few
of us who would not like TO do so if we
could; and he is very small-souled
man who would desire to injure a
neighbor because he is more successful
than himself. 1t is noteworthy fact
that very large number of the rich
men of America have made their
fellow-citizens large participators in
their good fortune. Hundreds of be-
nevolent institutions all over the coun-
try testify to this fact-and an Amer
lean millionaire, instead of trying to
" found family" desires often rather
to extend the usefulness of his fortune
by founding some institution for the
good of his fellowmen. AS an ex.
change remarks, it is fact that "they
have produced this wealth. 1t is theirs
They have right to use it in whatever
way they like Crowded they do not use
it to wrong another; there can be, OF
course, no rights that are not right
eous)."
IT is this proviso that the public have
right to insist upon-that great wealth
shall not be used to the public detri
mentor even to individual injury, al
of rivals. The Gould and Rookie
Teller type of millionaire, who stride
to wealth over the deliberate and pur
posed ruin of all competitors, mus
ever be held public enemy; and hi
success should be prevented by thu
most stringent laws. This has beef
insisted upon for years by press AM
public; but practically nothing ha
been done, or is being done, to sup
press the methods by which such ne
farious work is accomplished. Con
gress, by one single well-framed law
could at once and forever put an ell
TO any possibility of the establishment
of such monopolies as Rockefelle
holds in oil, or the sugar trust i
sugar. There are hundreds of mino
trusts-in' fact all the leading industrie
are being re-organized on this priI
ciple, and large portion of the press
and of our politicians, practically al
prove of it, on the ground that tn
people are as well or even better serve
than by competing industries; and thu
these great fortunes are made witho,
any corresponding loss to the gener
public.
GRANTING that peculiar organic
ton of any industry on mol
competitive basis is greatly favorab
to economical production and distrib
ton, and that the people at lare
thereby are as well and as cheap
served as before, can any free cou
try afford to allow such a power
is thus produced to remain in the han,