The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-07-11

who was not inaptly called the keeper Of
| the kings conscience. The chSnceliors
| introduced the system OF the laws OF
| Rome and called 1t equity Jurisprudence
| and within that system we find the doc
| trine Of trusts or fiduciary relations To
| this day In New Jersey we lave the chan
| cellOr or keeper of the kings conscience.
| Dat here in the west IL is presumed the
Two systems have been united in the form
| OF a code Now what is a fduciaTy
| relation? Let me give an example of the
source Of property and leave the reader u
| Judge for himself whether a trust or
nduciary relation arises aud whether the
person who acquires the property may use
ii rs suits himself.
If John by his industry acquires suf-
| hcent means TO start butcher shop and
succeeds In that business naturally he
may do pretty much as he pleises with hi
money. But suppose j Ohm wishes to build
railroad and secures from the legislature
AN enormous grant of the peoples land
nd the further high privilege. the king :
right of eminent domain, that Is u
say, the right to cut through any
mans farm or barn (even though he
pays for the right OF way) and suppose
The government at al times in and out of
season protects and fosters his industry
granting her patent for inventions, ETC..
etc; and suppose b. reason Of all this he
secures enormous profits, is there or is
there not "A trust relation established be-
tween that mans acquired wealth and the
people. L believe there Is ? Even Jay
Gould admitted that with the grant of the
sovereign's right of eminent domain the
cCrroIIarY right existed to follow up the
grant in all its ramificatioas. Let's see a
few of the fduciary relations in railroad
building
II legislature makes you and myself in
e = h
are we IN law? Nothing more nor less
than trustees for the public. Do We act
as such As Falstaif IN his comical solil-
uquy to honor said, No" When the
stockholders of q railroad appoint US di-
rectors. what are we in law? Nothing
more nor less than trustees for each and
every stakeholder. Do we act as such?
Air, III none of it," We become presi-
dents of shoe-fly feeders, car trusts and
construction companies and by ways that
are dark and strange hocus FOCUSES, swipe
the enormous earnings of these great
western roads into one Of our pockets and
build palaces IN the east. The farmers
pay for it all eventually by Increased
freight rates. But we are strictly bust
ness men and in no sense trustees. We
are Oh the road to line our pockets. We
know that the only trouble in this country
today IS the wide spread dishonesty IL
every channel of business and we mean to
be in the swim. But | must be brief
All good judges of human nature
know that skilled scientists, arti-
Zans and mechanics are, as
rule, deficient in business ability.
They do not pass all their days in
thoughts of gold, gold, gold. They do not
worship mammon as does Mr.. Pullman.
Their ambition is to perfect some great in
yeution or other work of ingenuity for the
benefit OF humanity such as for instance Il
Pullman car. Now mind, Pullman with
his money employs this genius, absorbs it
body aud soul, and when it is decrepid in
fee simple, does Mr.. Pullman recognize
the fiduciary relation? Need further ex-
amples be given when they encompass us
about and exist in all the ramiicatious
and fiber of our life both SIS an individual
and as nation? Let Us not in laying
down the rules OF law forget the source of
property. 1t is all important. The work
men are fighting Cor a principle They
know &c Is there IN the dark somewhere
and the enlightened should point it out
aud not stupidity and obtusely persist in
fighting what they feel themselves exists
somewhere. Eventually that principle
will be discovered, brought to the light of
day and become luminous rs an angel To
scatter the dark clouds now hanging over
the entire world. Let MIR. Pullman he
brought back from Long Branch, for this
Is IA government for the people and by the
people, and the people have been wrOnged.
JEREMIAH JOHNSON.
KILDARE, o, T., July Z, 1891.