The times. [volume] (Richmond, Va.) 1890-1903, 1899-09-17

tee. held at noon. It was decided that no
| resolutions should be adopted by the con-
| ference. This conclusion was reached with
view of keeping politics out Of the con-
| ference and In the interests Of harmony.
| Edward Rosewater. of Omaha. and EN-
| Senator Blair. Of New Hampshire, pleaded
| that the sentiment OF the conference be
voiced I'm some way. but even the resOlu-
| ton proposed 10y Keasby. of New Jersey.
| that the conference had been productive
| OF good. had given a better understanding
| Of the subjects Of trusts and combinations,
] were drowned in an affirmative chorus an
| swcring a motion TO adjourn the commit
! tee sine die.
1T was resolved yesterday that the
committee adopt no resolutions" explained
Mr. Keasby. II spoke with Mr.. Bryan
after his address. lie said that owing to
| the nature OF the conference he had no
resolutions TO offer"
The afternoon session opened with adj
| dresses by Acknowledgement u. s. Smith
| of Texas, and James b. Dill who had Il
hand in the framing Of the New Jersey
| Trust law. a general discussion follow
ed. which resulted in both Colonel Bryan
and Bourke Cochran taking the platform.
W. ID. Foulke. OF Indiana. made a short
speech, in which he declared that he fail
ed 10 see that the remedies proposed by
ing the morning session could result IN
the attainment "a the object sought for
Colonel Bryan. who was sitting I'm the
back part Of the hall. arose and amid
cheering started to reply. Before he had
uttered a dozen words however. cries OF
take the platform" came FROM AN parts
OF the hall and with q smile he did so.
Il would not occupy the time again bat
for the fact that the gentleman from IN
diana (Mr Foulke) has referred % a plan
which 1 suggested, and l am afraid that
he does not fully understand
HIS PLAN EXPLAINED.
MY plan is this: First. that the state
should have the right 10 create what
ever private corporations the people Of the
State think best
Second, that the State has, OF should
have, the right 10 impose such limitations
upon an outside corporation as the people
OF the State may think necessary Tor their
own protection. That protects the rights
Of the people Of the State % say first.
what they shall organize IN their state
as a corporation and second. what they
shall permit as a corporation % come
from other States who do business I'M their
State.
Third, that the Federal government
has or should have the right % impose
necessary upon any corporation which
does business outside Of the State IN which
it is organized. In other words. L would
preserve 10 the people OF the State all the
rights they now have and az the same
time have Congress exercise a concurrent
remedy 20 supplement the State remedy.
l would not take away from the geOple
OF the State any right now existing but
/ would have the Federal government a1d
the State government exercise tine powers
that may be necessary TO annihiiaIe the
monopoly. I do not agree with the gen
tleman, that you cannot aunhilate q mono
poly (Applause).
believe It is possible to do so. I have
no doubt that any remedy that is proposed
VIII be assaulted II those who believe
that the trust must remain, and these
who believe that the trust means good.
VIII accept the best remedy they can ind
try It and then accept a better one ~ q
better one Is proposed and keep on trying
until the people are protected, applause.
A SUPERSTITION.
Now. I am not sure the remedy 1 pro-
pose is unconstitutional. I am not sure
that the constitution would prohibit such
an act OF Congress as 1 suggest. Suppose
Congress should say that whenever a cor
poratiOn wanted to do business outside OF
the State it must apply to and receive.
from some body created by Congress for
the purpose, a license to do business. Sup
pose the law should provide the follow
ing conditions In which the license
should be issued: First, that the evidence
shall show that there is no water I'm the
stock. Second, that the evidence should |
show that this corporation has not in the /
past, and Is not attempting now. to mon
nt Of ind
branch OF any article Of merchandise; and !
Third, providing for that publicity which !
everybody has spoken Of and about !
which every body agrees.
suppose that is done. Who is here 20 |
say that such law would be uncOnstitu- |
tonal. Suppose the law is held unconsti- |
then we can amend the consti- |
tuition. The gentlman suggests that It Is /
a difficult thing to get two-thirds Of both J
Houses 10 favor amendment and three
fourths OF the States. That is true, IL is /
a difficult thing. but II the people want 10 |
destroy the trusts, you can get two-thirds |
OF both Housese and three-fourths OF the !
States. But what is the alternative? Sit |
down and do nothing? Allow them 10
trampe upon you and ride rOugh-shod |
over you. and then thank God that you |
still have some life left? Is that the only !
The American people are entitled 10 |
the best that there Is. (Applause) They |
are entitled to the best system on every |
subject I believe that when these ques- /
ions are presented 20 the American people
they will select and secure the best sys-
tenn. / don't believe II necessary for US 20 4
SIT down quietly and permit great ag-
yregation OF wealth 20 strange every COM
petitor. / do not believe that II is in ac-
with our dignity as people, or
IN accordance with the rights OF the peo-
pie TO say, because a great corporation IS
)rganizod that therefore II should be per-
ntted TO go into the field Of a new cor
,oration. undersell It until II bankrupts Il,
-aising the money by higher prices some
where else. / don't think II necessary for |
Is 70 do that have only suggested !
pan. II may not be the bes plan. II ,
you have anything better. propose II. Let
ne suggest one other thing that believe
viii be step in the right direction. The
yreat trouble has been that while our
Platforms denounce corporations. cor
,orations control the elections and place
inder obligations to them the men who