Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1899-09-20
In his speech before the Chicago con-
ference Bryan voiced the fundamental
objections to all trusts, by saying that
their effect was to enthrone the dollar
and debase the man.
BRYAN DRAWS CROWD
He Speaks at the Trust Confer
ence at Chicago.
DEMANDS w1p1Ne OUT OF TRUSTS.

He Would Prevent Them from Doing !
Interstate Business-Natural Control s
of Combinations and the Withdrawal 8
of Special Favors Proposed-Ths Adj
dress of Hon. Bourke Cochran Mas
terpiece of Oratory and Argument.
Chicago Sept. 16.-Theorists, agri-
sulturists, free traders, and protec-
tionists having said their say ut the
trust conference at Central Music hall,
labor took it's inning at the opening OF
the morning session and presented its
side of the case in series of address
es by the ablest leaders Of it's forces.
That interest in the deliberations of
the conference is growing daily was
evidenced not only by the increased
attendance of the forenoon on the part
,pf both delegates and visitors, but by
the added interest shown in the
speeches and discussions. The pre-
ponderance of opinion in opposition to
the trusts which was made evident
repeatedly during the first two days
of the convention, still existed-in fact,
1t was accentuated by the frequent
and hearty applause that greeted each
pOlHl SCOIcu IhC ACKNOWLEDGEMENTS
of capital that, according to the speak
ers, bring no benefits and many hard
ships to the already difficult lot of the |
worker.
The leaders of the thought which
controls the convention are evidently
in favor of announcing to the world
the conventions opinions through the
medium of resolutions, but whether
any formal action in the matter will
be reported from the committee ap-
pointed yesterday to take charge OF
resolutions still remains to be seen. 1t
is the general belief that unless o re-
port can be drawn up that will re-
ceive almost unanimous support in the
committee room and that can be read
| lily passed by the conference it would
be waste of time to consider res0lu-
stions at oil. 1t is said that there is
possibility of such resolutions being
presented If they do not express too
radically the opinion of any one fac
ton. Hence the likelihood Is that II
they come before the convention they
will be of an educational nature rath-
er than atfiirmations Of policy.
Governor Pingree, in his address to
the conference, said: "The trust Is the
forerunner, or rather the creator of
industrial slavery.
Increase of wealth of the country
is greatly to be considered, but IL the
people are to be degraded to indus
trial slaves wealth under such condi-
lions Is a curse.
81 favor complete and prompt an
initiation of the trust-with due re-
gard for property rights, of course.
care more for the independence and
manliness of the American citizen
than for all the gold and silver in the
world. 1t is better to cherish the hap
piness of the American home than to
control the commerce of the globe.
1.-THE degrading process of the trust
means much to the future of repub-
lie founded upon democratic pripci
Piles. A democratic republic cannot
survive the disappearance Of a demo-
cratic populations"
Crowds to Hear Bryan.
Chicago, Sept. 1S-William ]. Bryan
4 was the first speaker at the forenoon
session of the trust conference at Cen
trail Music hall Saturday and he devot-
ed the greater portion Of the session
to an exposition of the evils resulting
from the holding of monopolies in pri-
Il wave AAAAu6s anu " cCLtAh6 AOA SA AAA0
own ideas of the methods Of eradicat-
ing these evils. National control of
combinations and the withdrawal of
special favors were among his pro-
posals. Notice that the standard
bearer Of the Democratic party was
to address the conference drew a
crowd scarcely smaller than that
which surged about the doors Friday
evening when Bourke Cochran and
Mr.. Bryan were expected to speak
from the same platform.
The failure of Mr.. Bryan to address
the conference Friday evening, as it
had been previously announced he
would do, was the result of a meeting
between himself and Bourke Cochran
in Central Music hall about o'clock,
ut which 1t was decided that each re-
Quired more time than half the even
ing session would allow. Accordingly
Mr.. Cochran was given the whole
evening and Mr.. Bryan took first place
on the morning programme. He was
present, however, at the evening meet
ing and made brief explanation to
the audience of the reasons for the
change.
Recommended Congressional Action.
Saturday Mr.. Bryan took up specin-
cally the so-called stock arguments Of
trust promoters and presented argu-
ments designed to refute every argu-
ment in behalf of industrial combina-
lions. He followed out the assertions
against the control of the source of the
supply and the effect of the formation
of trust upon employment, with spe-
cial reference to the commercial trav-
elers. Then he dealt upon the relation
of the tariff to the corporations, fol-
lowing that with a condemnation of
discrimination by railways.
In order to destroy trusts and re-
Quire them to make open accounts and
eliminate watered stock he recommen-
ded that congressional action be taken
to wipe out trusts. He was Interrupt
ted by an auditor who queried:
"Would that be constitutionalW
II would have congress take such
action Immediately" replied Colonel
Bryan, "and If the supreme court de-
clares such law unconstitutional l
would have the constitution of the
United States SO amended that it
would give congress the necessary au-
thority."
II Power to Curb Trusts.
The speaker then dwelt more at
length upon the powers which should
be reposed in the state and federal
governments to curb trusts and pre-
vent the watering of stock. Mr.. Bryan
then produced copy of a circular sent
out by the Corporation Trust company
Of Philadelphia telling the benefits Of
the new Delaware stock incorporation
law over the New Jersey law. A plan
of campaign was then mapped out by
the speaker to bring trusts under fed
eral and state control. Reference to
the income tax law was applauded,
as well as passing reference to the
Philippine issue, contained in the
statement that "a government derives
Its rights from the consent of the gov
erned." The speaker concluded with
strong appeal to humane impulse,
comparing the "God-made man" with
the "magnified man-made man."
At the conclusion of the address Mr..
Cochran pressed forward to. grasp Mr..
Rrvan ~ thu hon1 h,,t = ,,,ae, ,,o@ad