The Taney County republican., 1899-09-28

most
to draft their own messages. PersonaAx, "a ~
shall not ask my attorney general tofdo
what the statute imposes upon ,i me. Ala
not suppose this conference would rcSoive
itself Into a political convention. l be,
lieved 1t would be best sor all concerned
that national issues be formulated In ma
tional conventions called for that purpose.
1t has never been my purposse. owing 10
to-day. I shall therefore return this even.
ing, but shall watch with great interest
the result of your further deliberations;
and If a bill shall be formulated. shall
give 1t most careful consideration, and II
I consider it feasible, ;e,recommend its adop'
tion in my state.
Daniel w. Jones, governor OF Arkan-
sas, was next called for speech. He
did not like the remarks of Gov. Shaw.
II did not believe that any man in the
United States would defend trusts. said
he. II can not see wherein partiSanShfp
has been interjected into this conference.
No man who loves his country can fur
nish any defense for trusts"
Acknowledgement f. c. Crow OF Mis-
souri,, did not believe that the tariff
was largely responsible for the crea-
ton of trusts. He believed every state
should have law making sharehold-
ers in all corporations liable.
Attorney-General Taylor of Indiana
He said he was not a prophet of evil,
neither was he a pessimist. He did not
people. There was nothing new in the
octopus, he thought. The states were
masters pe Hs Hf sha hs he hsy haa ssane$
with pain, in the Chicago conference. to
an attorney general who had criticised
away from the law and facts and talk
about Rome said Mr.. Taylor. THAT will
not bring about a remedy. We are not
here to discuss free trade, protective tar
iff, Imperialism and expansion, but trusts.
:! came here to hear your opinions but !
did not come believing that the country is
sick and beyond recovery.
Short talks were made by Attorney
of Montana. Mr.. Oren said Gov.
Thomas, Of Colorado, had expressed his
sentiments.
Acknowledgement Smith of Texas re-
ferred to the incidental injection Of
politics into the proceedings. He
sought to explain that the conference
had not been called for political pur-
poses. 1t WAS not in the mind of those
responsible for the conference, he
said, that one party was to be given
preference over the other. Mr.. Smith
signed the call for The conference with
Gov. Sayers.
Gov. Pingree of Michigan said:
'The trust is monstrous commercial
are no good trusts. Human nature makes
such things impossible. 1t will not raise
Se %ases p II Is If it is the only
The complaint is that the trust concen-
trates wealth; destroyes equality Of op-
portunity. Let face real conditions.
The evils of the trust are many. 1t raises
prices arbitrarily, while the product is
poorer 1t drives the small manufacturer
business farmes
to sell at its own price. 1t treats man as
an industrial slave. and thus snaps tho
strength of our democratic citizenship.
"The remedy is what we are now seek
ing. The Chicago conference brought us
nearer to that point. The press has treat
ed the conference with som esarcasm be-
cause more was not accomplished. and
believe that the opponents of trusts will
be wise to be prepared to battle with an
antagoniStic press"
The committee on resolutions was
made up of Governors Stephens and
MoMillin and Attorneys-General Dav-
is, Campbell. Oren, Nolan, Smith, Nc
Clurg and Mr.. Heifner.
The conference adjourned at p. m.,
giving the committee on resolutions
until morning to report.
Gov. Shaw of Iowa, Gov. Thomas of
Colorado and Attorney-General Smith
of Indiana left for home during the
evening.
When the conference re-convcned
this morning the following resolutions
were adopted:
THAT we believe the best present avail
able remedies lie along the following
lines:
Il. The enactment and enforcement both
by the several states and the nation of
legislation that shall adequately and fully
define as crimes any manipulation or re-
straint of trade in any line of industrial
punishment, both of the individual or the
corporation, that shall be found guilty
thereof; punishment to the corporation
to the extent of its dissolution.
80 The enactment by each of the states
of the Union of legislation for the ade-
quate and proper control and regulation
of corporations chartered by that state.
and we recommend as efficacious a syS-
tenn of reports to and examination by
state authority of the corporations or
ganized under it's laws, to the end that
they be brought to fair observance OF
the laws under which they are created.
''3. The enactment by each state of laws
that will prevent the entrance of any for
eign-created corporation into it's limits
for any other purposes that Interstate
commerce, except on terms that will put
the foreign-created corporation on a basis
of equality with the domestic-created cor
poration of the state entered. and subject
to the same laws, rules and regulations
of the state that it enters. which are ap-
piicable to the domestic corporations OF
that state, and to this end we recommend
legislation that would make il mandatory
upon corporations seeking to engage in
business outside the state of their crea-
ton that they procure licenses from the
for eiSn state as condition precedent to
their entry into such state; such license
to be granted on such terms, and subject
to such restrictions as will place the cor
poration subject to the same control, in
spection. supervision and regulation as the
domestic corporation of that state, and
suject to be revocable if the conditions
thereof are violated.
"a. That enactment of state legislation
declaring that corporation created in
one state to do business exclusively in
other states than where created shall be
prohibited from admission into any state.
This proposition is supported by dect-
Sions of the supreme courts of several
states, but we believe it should become
legislative enactment. uniform through
out the states.
.5. That no corporation should be
formed in whole or in part by another
corporation.
&c. That no corporation shall own or
hold any stock in another corporation en-
gagged in a similar competitive busi-
ness, and that officer or director of a
corporation shall be the officer or di-
rector or the owner of stock in another
engaged in similar or COM
petitive business, the object or result Of
which is to create a trust monopoly
"a. Recognizing that trusts usually |
composed OF corporations, and that cor
pOratiOnS but creatures of the law