Omaha daily bee., 1893-06-07
DOWNED THE DONNELLYITES
Extremists in the Antitrust Convention De-
feated in the Voting.
FOR A PERMANENT ORGANIZATION
RESOLUTIONS Favoring the Formation OF n
National Society Adopted-The Rad
icai Element Bolts the Couven-
tion and Holds One of Its own.

CHICAGO, ILL.,, June 6-When Governor
Nelson of Minnesota called the antitrust
convention to order today it was expected
that the first fight of the session would
begin, for it was generally known that the
Donnelly, or radical faction, had been beaten
in the committee on resolutions and would
carry the fight to the floor of the convention.
Chairman Rosewater, of the committee on
resolutions, no sooner read the preamble,
than Donnelly moved a substitute, a demand
for government purchase of anthracite coal
lands. Henry ID. Lloyd of Chicago wanted
bituminous lands also purchased, and fight
on these two amendments lasted two hours,
after which Mr.. Rosewater moved the
previous question and the committee report
was carried. The fight was kept uD all day,
however, by the extremists, but they were
outvoted at every turn.
The resolutions adopted set forth at
length the evils of the trust system as at
present maintained, and call upon the con.
vention TO create permanent association to
be known as the Antitrust Association of
the United States, consisting of three rep
resentativcs from each state and territory :;
a'so an organization of ANTITRUST associa-
tions in each state and territory to aid the
national association In securing uniform
legislation and the rigid execution Of the
law The resolutions declare overcapitali-
ZdulUH VI Uut corporate property 10
be largely responsible for the break
ing down of credit and the financial
distress now prevailing and recommend
stringent national and state legislation and
provision to limit the bonding of corporate
property and issue of stocks restricting the
same to actual value. 1t is recommended
that each member of the convention use all
honorable means for the election to office,
whether local, state or federal, of those only
who.are exponents of this antitrust senti-
ment. 1t is recommended also that the
legislatures of the various states enact such
legislation as will make it unlawful for any
corporation to enter into any trust or COM
binc detrimental to trade and commerce and
injurious to public welfare.
The resolutions were not radical enough to
suit the Donuelly and Weaver element and
they gave notice of another meeting at the
Palmer house tonight.
Before the close of the central hall meet
ing j. Nj. Quinn of the Butte, Mont, Miner
offered free coinage resolution, which was
passed by a small majority.
Thirty members of the antitrust conven-
ton, representing thirteen states, bolted
from the regular meeting and organized to-
night. All the boilers were populists. Gen
eral j. b. Weaver of Iowa was elected chair
man and Mr.. Mcclellan of Kansas secre-
tary. Ignatius Donnelly and others made
speeches and resolution was adopted call
ing upon the Bimetallic league to convene an
industrial convention some time in the fall
in Chicago for the purpose of thorough
| political organization to aver the principles
| of the Floyd resolutions.