Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1899-09-28


''It is true that in some sections, money
IN plentiful, trade active. speculation rife.
and that certain products have largely
and rapidly increased in selling value.
This prosperity, however, is born, in a
great measure, of war, and is largely at
tributable to the enormous expenditures
that have been and are now being made
by the general government for special
purposes, and in particular localities:
and. SO long as war shall continue. this
sidering the situation conservatively, i'm
partially. and with the assistance of an
intelligent experience, II can not be rea-
sonably expected that the present pros
perity will long survive the settlement of
our foreign difficulties, and the restora-
Every combination and association of
any magnitude in this country under the
name or guiSe of trust, almost without
exception. owes its existence to a gov
eminent grant of privilege. exemption and
power. In this form of business activity,
the individual very rarely, II ever, VEN
lures his entire wealth and credit, but
shields himself under the protecting ad-
vantage and immunity of a corporate ex-
iStence. created by statute
1.-THE character of our government in
ereases the difficulty of a prompt AMI
proper solution. Constitutional obstacles
lie in the way, and the evil can not b.
eradieated by either federal or state au-
thority acting singly. There must be CO.
operation between both governments-gen-
eral and local-each working earnestly
and sincerely within its own sphere. The
causes of the evil must be sought for and
when found must be removed. There ap-
pears to be a difference among intelligent
and patriotic men as to how the subject
should be dealt with: one class or think
ton only. and contends that relief is to
be found exclusively in the halls of con-
gress. Another class acrfbeS IL to the pol
icy of the state in the too liberal allow
ance of chartered rights and privileges
for purposes that can not be considered
public in their nature
MY own opinion is that both govern
ments may be rightfully held responsible
which operates. in a great measure. to the
exclusion of foreign competition; the
form of currency upon which the country
Is required to depend. making IL impossi-
BILE to secure to the people, through proper
distribution, an amount adequate to their
need. and the method of charges by rail-
ways upon the shipment of freights-salI
are within the Jurisdiction of the federal
government. and are answerable. to
great extent, for the trust.
These subjects are indisputably within
the domain of federal legislation. and as
to them an earnest and immediate appeal
should be taken to congress.
THE conclusion, IL occurs to me, is in
evitable that in order to successfully meet
this threatening danger, both the con-
gross and the egislature-supplement
by the active, earnest and sincere efforts
Of executive authority: and of able. pa
he called into contribution, and each must
be required to do its part under consti-
tutional limitations, and entire harmony
with the other.
I'm making the few. who are so stu
ated as to central large aggregationS of
money. to know that such control shall
not be exercised to the injury of the peo-
pie. and of their institutions war is not
declared against capital.
1.-The opposition to this conference is
strong indeed. Division of sentiment is
most earnestly desired and confidently ex-
pected. sincerely trust that all will
work together in harmony, and for the
good of the people
Two Committees Named.
On the suggestion of Att'y.-Gen. Smith
of Texas. two committees ware named
one on order Of business. and the other on
resi- buttons. The committees follow:
On Order of Business-Governors Jones
Of Arkansas, Thomas of Colorado, Shaw
of Iowa. Pfngree of Michigan, and At
torney Generals Nolan. Of Montana. No