The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1897-09-10

factory could not possibly compete
against IL. He suggested that that
course would not be- necessary. how
ever. because at the present time the
factory could not furnish enough sugar
to supply the Utah demand. aud that IN
case Of an emergency all the trust would
have TO do would be to allow the Utah
product 10 become exhausted and then
raise the price Of sugar here IN Utah TO
n sufficient amount 10 compensate them
for any temporary loss that they may
have sustained while ihc Utah product
WIS being disposed o. and that the pe0-
would be obliged to pay IT,
A the present time there is a story
gong The rounds OF the eastern press
that n sort Of king bee trust, headed by
the Standard on trust. is being orgauiz-
ed for the purpose Of obtaining control
Of the lead. lrathcr. tobacco, whiskey,
gas and such other interests as may be
desirable. The iron and sugar interests
are already under the control OF this.
trust. and Ms the trust or its representa-
tives control most OF the transportation
lines In the country they Will be in a
position 10 dictate the matter Of freight
rates TO any portion OF the United States
trust like the sugar truAt accumu-
lates many millions each year and Of
cours" this accumulated wealth must
be probably invested or 1t would not
supply an income to the trust; thus
with each recurring year we find trusts
with large surplus prepared to take
In any business which promises far
return on the amount invested
The New York Joucnal in discussing
the matter OF trusts, saws:
when we find few men acting to-
gether, who are ut once prudent and
enormously rich, whose living expenses
absorb no apprecable proportion Of
her incomes. who have practically the
whole Of a stupendons surplus available
every year for investment. and who
have the most perfect inside knowledge
OF the Desi opportunities for profit and
The shrcwdesI faculty for taking advnn-
tage Of them, 1t is hard to avoid the
conclusion that those men, IL they liv,
long enough TO hang together must
eventually become sole proprletors Of
the nations industries. There is every
reason to believe that unless we have
some radical change IN political condi-
lions the next thirty years will see the
entire indrs rial activity of the United
states regulated by single trust, of
which The bulk of The American nropl,
Will be- the employers. What will hsl :
pen ihrn viii depend nnon the virlli
leli In the populations II win be an
epoch from which ihe uniou mny dalo
an advance to higher social state than
anything previously known. or plum, G
into complete and permanent industrial
slavery"
II would seem to be n wise precaufion
on the part OF the people to check this
greed ON the part of organized capital;
thus, municipal. county and state gov.
eminent should guard against this in.
creased power OF wealth by timely
righteous legislation. In every fanchis,
granted by municipal or county govern
menls there should be clause prohibit.
ing combinations of certain character
which can In any way be constructed as
bong In restraint OF trade. or by which
corporation can in any way exercise
nm unreasonable or unjust control over
the business interests OF the community
Salt Lake Herald.