The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1899-03-24
CHANDLER TO DEPEw,

He Calls Upon Him to Swing the
Republican Party Out Of the
Grasp Of the Money Power.
From the New York Journal.
Senator Chandler, what is the
meaning of your late statement that
Senator Depew understands the in
jury to result to small manufact-
urers and dealers from the growth
Of trusts and monopolies?' asked
the Journal correspondent.
The Senator answered in the fol-
lowing statement:
The meaning is exactly what 1
have said, that Mr.. Depew does
understand. as we'll or better than
most men, the evil effects of COM
bining capital engaged in produc
ton again st small producers. Mr..
Depew, on December Ii, 1892, b.
fore the Interstate Commerce Com
mission, speaking of 1.-The meu of
small capital, the firms of little
means, composed generally of young
men whose friends: believing in
their energy, enterprise and hon
esty, have advanced money that
they may 60 into business very
p%ertinently and forcibly says:
"Just see the frightful competi-
ton they have to contend with.
This great concern, with its enor-
nous capital, goes into a town and,
in order to get the business, to crush
out its weaker competitor, will
undersell him, and, because of its
vast business, is enabled to under.
sell him. He cannot help himself.
EVERY one of these small men
has to 90 to the wall. It's a mere
question OF time when this big firm
will absorb and ruin them ALL"
Later on he says that Sin five
years from to-day there will not be
independent business man in an,
large or in any considerable place
in the United States. Every bust
ness will be in the hands OF a strong
consolidated organization, which i!
called a trust. 1t will destroy al
opportunity for independent energy
or competition, or for that rise O
young men which we have boasted,
has been one Of the great oppor
tunities of this country"
These opinions, being Mr.. Depew';
deliberate judgment when he was
railroad president, Of course, will
lead him, now that he has abandon.
ed private business and engaged
wholly in the public service. to be.
come a leader in the opposition t.
the enormous trusts and monopolie'
which n now being formed all ove1
the United States, anI which will
crush out individual enterprise.
The great danger is that trust:
and nonopolies, with tue none,
power pressing them forward, will
take possession OF the Republican
party aud lead it on to defeat il
1900, 'Ei@
Mr.. Depew will be a great towe
Of strength in the efforts which iii
necessary to make, to save the Re
publican party from such a catas
trophe. learned, earnest, eloquen
and single hearted in his politica
devotion to the country and its in
terests, as against single or loca
interest, MIR. Depew can doubt
less do more than any othe
man to make the Republican part,
the friend Of the people, or tn,
small manufacturers, the small deal
err, the small producer, the homes
Young business man of limited
means who is in danger Of extinctio,
under present conditions.
In this great work, which Mr.
Depew has undertaken, | fully ex
poet to be an humble follower
Theoretically, the Senators are al
equal;; practically, two Senators
from q small state have. nothing lik,
the power which belongs to Senator.
from great states like New York
PENNSYLVANIA, Ohio, and Illinois.
When it is understood that tn.
salvation Of the Republican party
ldepends upon making it the party
of the people as against the banefu
Influences Of trusts and monopolies
there will be no difficulty in main
taining popular coutrol of the
organizations aud the conventions
lof The party in most Of the states