New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-09-16

seencv 10 perform a function unless IL De on'
! which the Government would be oouha ''se'
| perform II that agency were not 10 10 .
| "a ppause). The only excuse for ehl'"
private corporation to dircharge puo"o
! * fhe excuse that the service VIII be n''io y
ac,ent The question them OF municipal o""s
shin-is a mere question OF exped'sncy' "a" "
government administer a railway gus u,
or a street railway well as private H"N'''
y,i,h that strong powerful incentive which ~ oe-
,,elopod by years OF experience? ! went oeo",e
1, here for this reason, that II IL be remedy II
/ &c sucb a remote one that a discussion OF IL "'u'u
he discussion OF the interests OF our chiio'eH
rather than Of ourselves daughter ana app'""S''
PUBLICITY WOULD BE HIS REMEDY.
Now Is there any practical remedy that inns
conference can suggest that can be put ]" 40'
TO- morrow by any Legislature that happens " NC
in session? Ny friends. It seems to me 10 De Il
very simple matter The remedy, then IF Simply
70 define practical penalty. a serious one ana
then provide publicity. An officer OF corporation
granting a special favor TO any person WHO n"s
a right to use that possession on equal terms VIZ"
everybody else ought to be held guilty OF se''ou'
felony. (Applause) s,s
10 CORPORATION has a right to secrecy in the dis
charge OF it's duties Whenever any person seems ~
l,re Won ND n dark aleyway on the pretence 'ha'
no &c going to serve you do not parley with MN
moment; he is a confidence man. Can pohcei''"
II YOU want 10 save your property or your CHa''
ac,or Ladies and gentlemen, have out 10 pro-
vide n simple statute; first. that any stochholders-
a. they have in England Professor BROOKS
nointed out here the first day of the session.
shall have the right to examine the books OF
comnanv and know everything about its concerns
although he owns but one share. In addition 10
that every CORPORATION should he compelled TO NE
with the Secretary Of State when II organizes
statement of property and then let the public buy
NJ any capitalization II chooses 10 make Every
70
3 full statement of its business. That Is the la"
TODAY I'm nearly every state. and II is always
eva5ed The reports are misleading where they are
not incomprehensibe. Let these reports be iar'
honest statements OF their business and then
finally extend the powers of your superintendent
of insurance and banking TO all corporations ana
LET these reports be verified and then YOU Will have
honest rnanaeement Of corporations, and prom
,se Won that this public distrust and hatred OF cor
norate entities will disappear from the minds OF
rhartv loving people who but seeking Justice
even through their prejudice. Appause)
AT the close of his speech the New-Yorker paid
Mr. Bryan a compliment which the Democrats
leader blushingly acknowledged MI CocK'd"
lkened Mr. Bryan to monopoly. and SAID ne
WAS a bigger monopoly as the leader OF the
Democratic party than any financial corporation
IN the world Mr.. Cochran spoke for ABOUT TWO
hours and when he closed cries for Bryah came
from all over the house. Finally Mt. BryaH
rose and said that for the good Of the confer
once ali PARTISAN feeling should be eliminated
and although he agreed with Mr.. COCHRAN III
many of his arguments it was necessary thal
his side of the controversy should be given To-
morrow.