Middlebury register. (Middlebury, Vt.) 1886-1937, 1897-03-26

| Oldest structure IN New Enklhuu was
built of stone at Gullford Conn.,, in or
near 1888. Exeter's oldest, the Darling
house, is about 10 or IL years younger
Exeter had only three brick houses
dating lar back into the 18th century,
and now has only two, if they still can
be called brick after being covered with
wood and receiving large wooden extern
sions. There are the Peavey house, on the
Newmarket road, and the old house of
Water street built by Nathaniel Ladd.
Both were erected between 1720 and
1880, the Peavy house, of which James
Gilman was the builder, replacing an
older structure which had been burned.
The very picturesque bennett Gilman
house, brick structure with gambrel
roof, which stood about where the
Amos Tuck house now stands, was torn
down about 60 years ago. The block
near the Great bridge is of 10Th century
origin, having been built by Maj.
Simeon Folsom about 1873
Dwelling house architecture first be.
came really fine art in New England
during the flush times which interviewed
between Wolfe's capture of Quebec IN
1859 and the revolutionary outbreak of
1913. 1t was then that the older of the
stately mansions of Portsm outh and
Newburyport were erected. The war
pretty effectively stopped house build
ing, but by 1900 prosperity had returned,
and New England shipowners became
very rich. The house-buiding mania
broke out again in the form of those
great, square, three-story houses, of
which Exeter has a few, and of which
Salem, Newburyport and Portsmouth
are full. The magnates of lS00-10 dis
liked gambrel roofs, and had no patience
with hooks and passages. They were
plain, downright and Gtilitarian men,
and they built houses as square as
themselves, with no nonsense about
them, except perhaps the usually SUI
perfuous third story. Were these
worthless to return to earth they might
appreciate the many modern improve
mentS which have been introduced in
architecture, but they would be pretty
sure to repudlate with scorn the adorn-
ments for which poor Queen Anne has
been held Responsible Exeter O.. H.
News Letter.
THE TRUSTS.
The Lexow trust investigation didn't
amount to much practically, but it
brought out some interesting facts.
These, for instance: That the sugar trust
absorbed properties which could be re-
placed for Sl0,0O0,0O0 and capitalized
them for nearly s75,OOO,OOO and that the
increased profits realized had cost the
American consumers S37 ,GS0000 in the
. ten years of the existence of the trust
more than they would have paid If the
trust had been satisfied with the same
profits as the refiners made when there
was competition. 1t was shown that
$1,000 men had been thrown out of EN-.
plOyment by the sugar trust and that
wages paid were almost as low as those
paid in Germany. 1t was also shown
that the soda trust. with capital of but
S2,C00,000, was earning profits of more
than 100000 a year and was making
New York consumers pay more for soda
than is paid in any other state. 1t de-
velOped the fact that the rubber trust
had absorbed factories worth about
SS,O00,000 and had capitalized them at
S50,00O,000, had closed down half the
factories and raised the price of rubber
goods.
1t is maintained on behalf OF the trusts,
that they tend to cheaper production and
costs to the consumer. Any such claim
as this is at variance with the laws of hui
: man nature. Men who do business do il
for their own benefit, and not for the
benefit of those with whom they do bust.
ness. 1t scarcely would seem to re.
quire argument to show that these com.
bnations, besides being against public
policy, are an Infringement on the in.
dividual right of the American citizen
With all lines of business conducted by
combinations. who insist on making all
the articles and doing all the business
how 1t is possible for any Individual tC
engage in any line of bushes: He may
start, but there can be no competition
and he must Join the combination OF
surrender the right to do business, which
certainly is right implied in the con
stitution of the United States and the
alleged basis of American institutions.
One thing is certain-that the indivi
dual is disappearing from business IN the
= United States, and the tendency of these
trust combinations is to the establish
ment of monopoly and the monarchica
system of government. The genera
public, not engaged in the lines o.
business affected by the trusts, has little
q idea of their methods. Their sole aim il
$ to crush out all competition in thei
A.