The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1899-09-15


quality OF opportunity which has a.
, tracted to this country the mnil,ns O
: people Of other nations who have helpe,
: make American citizenship and Amer.
can institutions the greatest and best il
b the world.
The trust IA therefore the forerunne
or rather the creator OF industrial slav
cry
THE master Is the trust manager O,
director. IL is MS duty 20 serve the soul
less and nameles being called the tock.
holder. To the latter the dividend &.
more important than the Happiness o-
tie prosperity Of any one.
The slave is the former merchant and
business man and the partisan aud me.
chanic. who once cherished he hone thai
they might sometime reach the happy
position OF Independent ownership OF a
business.
Commercial feudallsm Il the logical
outcome Of the trust. The trust mana
ger Is the feudal baron.
These may, perhaps be harsh charac-
terizatons but who can deny their TRUTH
Honesty to ourselves and loyalty to our
country and It's free institutions compel
us 20 face and recognize the situation
I'VE cannot oe true e. our republic by
gnoring these things We cannot be hon
est to tho people either at this confer
ence OF in our legislative assemblies by
combining our deliberations 90 the CONNER
cial advantages and d,sadvantages Of
the trust
1t IS ebtter 20 be forever poor but NJ
dependent and happy as individuals. thSn
to lay the foundations for r.dustrlal ty-
ranny and slavery
Personal liberty Is rather 10 be chosen
than great riches
Equality Of opportunity to oI men s
better than the contro' Of the worlds
trade
"1'he effect Of the trust upon our nat-
ioual life and our citizenship will not he
sudden perhaps. Il VIII rather bo a grad.
ual and silent change 1t may not be
observed at once. but lts influence VIII.
nevertheless e felt
"rhe warning wit, which tho history
OF tho decadcnce and downfall OF other
nations furnishes u.s. may not be needed
now. II not. we may pay the usual pen
atty of slavery 90 comm ,tcial ave rice and
greed.
Increase of the wealth Of hte coyn,ry
Is greatly 30 be desired but r tSo peo-
pie are TO ae degraded ~ industrial saw
cry weoy under such conditions ls o
curse
~ our independents ana utnu sent bus-
meg men and artisans are tu boz crowd
ed out OF existence gs class by trc
trust there is no remedy too drastic Pc.
the trust -
Ex-Gov p ar of Ohio. uos the MORT
speaker He said. "Drnruu.e trusts .a
20 may. they have come 90 stay. why
Because the gigantic business operations
OF the present and future cannot be car-
iied on without them. Through the trust
the enormous waste that IS entoiled upon
business operations by competition Is
saved The product and service perform
ed is cheapened Labor viii have the bet
ter opportunity 10 enhance wages ana
shorten the hours OF toll. a sis go SIG
nary Illustrated In the railway service Il
country.
when the trusts shall have been prop
erly safeguarded by law their securities
will furnish a means OF safe Investment
at somewhat higher rate OF interest
.han viii be paid by government state
OF municipal bonds thus affordtrs an op-
portunity for investment by people Of
moderate meGns.
"a bureau OF government or a board
similar 10 the interstate commerce com
mission should be established TO whom
I all trusts should apply Tor license after
being Incorporated and 10 whom reports,
as required of national banks. should be
made The terms Of the Incense should
provide against oyer-capltalzauon
IAN profits beyond six per cent should
be taxed FOR the benont Of the govern
mont It seems TO me that 80 81 the duty
OF this conference Go request congress TO
submit amendments 90 tho constitution
giving II necessary power 20 control the
trusts and 10 tax their profits"
When Gov Foster concluded the fol-
lowing committee on resolutions was op-
pointed
Ohio l. r. Mack Nebraska E Rose
water; Arizona, w c. Campbell; Arkan-
sas. b. j. Brown; Montana, IT H. Swain,
New ersey, Erward / Keasbyi North Da-
kota, william T. Perkins; illinois W y
Jewen; Iowa, George T.. Clarke; Wlscon-
sin, Hon John Nagle: Florida, Or. John
F.. Forbes; National Grange Patrons OF
Husbandry. 8 II. Ellis, Ohio. Illinois
Commercial News association, Samuel y
Bonnelly: American Federation OF Labor.
Samuel Gompera National Alliance Thea
trlcal Stage Employees Union, Lee Hart;
United Garment Workers. Henry White;
National Association OF Manufacturers.
Theodore C.. Search; Tennessee. C. 70.
snodgrass; New Hampshire Henry W
Blair; Minnesota, Hon. W r, Douglas
| National Grain orowerg association. 8.
IT, Greedy: National Farmers Alliance
and Industrial union John Hn ir; Mis-
souri,. Gen. r. C. Crow Travellers Pro
tective Association OF America. NJ W
phalen. New Mexico. c. J. Gavin; Knight
OF Labor J c. schonfafber; National
slngle Tax League, Louis r. Post; Brick
layers international, NJ X Grady; Asgo-
clauon Of Wester Manufacturers. Walter
Fiedhouse; Wyoming. W Dana Adams.
The next speaker after the eN-secretary
Foster was Attorney General Davis, of
Arkansas
IF the whitening blight Of trusts are 20
overshadow our free American instltu-
tions" said Nj Davis "then. IN my
judgment, away with American liberty
American patriotism ana tho good Of The
American people The trust is but the
ripened fruit of misused tariff ltffsioN ln
ard the robbery of the people upon the
silver question. i is not OF the legisll-
tive department Of this government that 1
would complain, but OF tho judicial de-
pnrtment we have got 20 reconstruct
our judiciary. II We ever have another
eiyi war Il viii be brought about, IN my
Judgment, by iudEe-made law. I tel you
one of the greatest evils Of the country
is judge-made law, the judiclt-y deIart-
lment invading the department 81 the