New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-09-18
corvov srySy 4B0rT u0y0POLIEs

covu0V SENSE ABOrT NONOPOLiES.
Nof only Mr. BRYAN. but the great chicago
antitrust conference appears TO have been
: banded without glove, 10y Mr.. Bourke COCHRAN
I'm bi. second speech IN reply 10 Mr. Bryan.
SATURDAY afternoon Tie day before he iaeSeu
,h. element II combat and did himself less
,fan i,.fi.. though bis speech con'ained huoh
.ts, ,r.,br we'll De- studied. But after MI.
R~van lad inIulged in an appeal Of lis usual
o-l.- Mr. COCHRAN began with return 10 pFac-
,..,l sense which must have been shocking 70
.h. ,yes-.rn orator and his friends. Only a
f.v- 49,. ence> need be repeated to sho" me
...... AMI ,bo singular inclsveness q his
segl.
Mn. ~, IS hlF,. AMI where Wnere mas has
80 49, t--,,s got possession Of somebody On
=, h.-n : II acting Where Is It's lAir am
49,. =. confess that when you call an aggE-g ,
.i.n - capital q toTnlinail'n: ny ora ..e 49,
-- rst.~ an orsopus. K doesn't cast any 'sM.
..-r- i that !lumines my pathway. can
m s-~s,and how ;he Use = these phrases can
ra.- som. efeot. a. nothing frightens p-"p'e
g. rau.h as ncompTenensiols noises. 80, ,.-
p, ,-.! point OUR - me a. Mr Bran did tnls
D.. rr..e th4 fact that ne have not seen 'hr
xii. = TIL. monopoly Yet Why, then ! say
..u er- simply creating 4 fancful picture.
y.a- excessive affection tor your fe.loNs ma
-.rt--.i -.r 2 era,e evil that exists only 10 your
own .-s. Ike Don QulXote q old. you are
constituting yourself knight Grant ~ poAu-
..' '..-.-rv-r5t against the windmill. but IN
listing tr- windmill On H"1f sue 'N'f'3
ana .ll1ater'
I'LL. u.t.ful hck of evidence that anybody "a
holm. injured hy the monsters Of inQu1y al
vht. SD much mril rhetoric Is levelled ap-
rca-, tl -he speaker the fatal weakness 4 Ill"
,,t... l.,.an,tration But he also puts home
again ..e fact that as labor Representatives
Ind declared. wages are higher than they ever
l... f..n before. =, that tie country j. doing
u..n.l c-.u.y we'll iu returns 10 WORKERS Then
Mr. Cochran asSs.
j. v.. want competition mus mt SOMEBODY'S
a...-.1' Niu YOU suppress the man because
ta .x.... another 80 far that h. constitutes
,o.rorl.vr Restricted competition al
WAYS produces The domination e the oas~r.
F.. h.- f--e couG eiltiou produces ta@ domination
= 3D.. lest
u viii i~ hard for any who discuss this sub
i..- .nre.l-~utly 10 evade the force % Ills roa-
~our- r-a, competition. II real ana free and
effective ia producing the highest excellence.
mus tend ~ destroy competition. It. natural
result is survival Of the ittest' Just here
the speaker had missed a point the day before
in reference 70 The tariff He had said Mani
"fo,flv r. is easier 20 make a combination be-
d.
countries and 10 that extent the tariff favors
.tru>t- There would he sound sen>e In this
statement 4 Tie number u The producers"
were perp4tually Tie same But 4 The tariff
fu.i.l>c, frufoll or one AuulrclfoM TIE num-
b-i ~ producers ia this country. as IN some
cases il las done then j. i obviously foolish
81, reason that It make, combination between
tie producers easier. ON the contrary. 10y as
surfing new enterprises here against destructive
foreign competition il build, up IN every dire
lion such home competition that combination
Of "all tie producers" II Yesterday has % face
ucw foes to-day. and fight for rs life to-mor-
row Mr Cochran presumably held il not prof
table 10 discuss the tariff question az length.
but if De had looked the fact straight in the
face and realized that the upbuilding and null
tiplicati0n Of domestic competition j. The one
Influence which would-he Inonopolrs md II
harder TO overcome than all others. he might
have felt that the trust" question could mot
he iuirli. gently considered il the tariff We're
ignored
Nj Cochran puts much stress on the all
vantage which combinations gam through IA
yOrlIs rates for Transportation but sadly errs
in arguing that The business Is done FOR them
at a loss and therefore in part ar public
expense The secret Of the whole matter j.
that tie transportation Of small quantities. and
especially Of irregular quantities costs many
times a. much a ton a mile - the trans
pOrtatl0n OF a great quantity constantly and
regularly. 4 concern which can give railway
business enough 10 crowd one fun train every
day over the entire line e the road ought to
get lower rates, purely as a matter Of business.
than can be given 10 smaller aud more irrcgu-
lar traffic. All the laws that can be enacted
Will never wholly prevent railway companies
from doing wholesale at lower rates than retail
business. and regular at lower rates than IT.
regular traffic. nor is there any morality or
SENSE in laws which seek TO deprive the roads
of such intelligent use OF their property.
But these are 'rifieS compared with the al
mirable and Instructive treatment of the pre-
valng disposition 10 manufacture monopolies
with the Imagination. and then to take it for
granted that they are doing great harm In
every such case it is the part Of the upright
and candid man to ask whether any monopoly
Of prices Of materials. or Of production actually
exists: whether there is anything TO prevent
fresh competitors entering the field. very often.
as We see daily with new inventions and
methods yet untried. II there Is partial mo-
nopoly control Of markets. it is still not the
right of any body TO declare, as Mr.. Bryan does,
that every such control must be harmful and
ought 10 be assailed even II IL is serving the
public more cheapy than il has ever been
served before
ONE NEED or HOSPITALITY