Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1899-06-01


into power, must be retired. And, of
course, the democratic party must
come into control of the government
whose foundations the fathers laid for
the children of the free and the brave.
Then there must be an end of the reck-
less creation of corporations, without
check or bar, and some simple, sure
means must be provided for terminal
ing summarily the existence of those
that prove baneful."
o. II. p. Belmont, of New York, was
the next speaker. After characterizing
the gathering as the first national bu-
gle call for democrats to get together
for the campaign of 1900, and counsel
ing harmony as the only means of pre-
senting an unbroken front to the OPP
position, he said: 1.-The time is too
short to elaborate the many questions
which are interesting the people at
large to-day, and / will not attempt it.
Rut even with all our advantages no
victory will be won without harmony.
And on the subject of harmony, speak
ing of New York alone, If you give us
Bryan for a candidate and Smash the
Trusts" for a war cry, the Empire
state democracy, moving as unit, will
sweep the country"
Ex-Gov. AItgeId Speaks.
Ex-Gov. John P Altgeld of Illinois
spoke after Mr.. Belmont. His talk was
extemporaneous. He said in part:
IF had come for the purpose of talk
ire. it would be foolish for me to at
tempt to detain you at his late hour,
and especially after that brilliant
speech by the next president of the
United States. I came here to learn
wisdom from the democracy of Missou-
ri, and to say that the party and its
principles are too great for manipula-
tors to handle to serve their own sell
fish conveniences.
81 came to speak, if at all, on that
great work of democracy on the shores
of Lake Michigan, that gave to the
world a new declaration of indepen-
dence. The democracy of Missouri
made this instrument possible, and I'M
der its inspiration, $500, 900 free Amer
leans fought the greatest political
fight everwaged. Her banner still floats
in the breeze, and, if read Alright the
signs of the times, it means millions
NAV be defeated but not one surren-
der.
''The principles fought for in 1896
can not be surrendered without again
seeing democracy's banner vanquish-
ed."
Col. VIM. j. Bryan's Speech.
Of course the speech of the even
ing was that from Col. VIM. j. Bryan,
and when the moment arrived for his
all semblance of formal
itT was swept aside by the demonstra-
items of the assembled multitude, and
It was some minutes before he could
make himself heard.
Finally quiet was restored, and Col.
Bryan began, in his quiet and forcible
way, to speak on the subject of Mo
nopohes-"
Al actor who visited Nebraska recent
ly. upon learning from a republican that
confidence had been restored, remarked
that he had examined Webster's dction-
and found confidence defined as trust,
and then he understood that confidence
More trusts have been formed in the
last two years than existed at the beginr
the nominal capitalization of the trusts
nov in existence approaches, if it does
not equal in amount, tn worlds total sup
these trusts has become SO enormous
that the people, without respect to party,
are asking themselves how the evil can
The purpose of the trusts is to control
the product of some article of merchant |
disc, and the methods employed are, first
the union of all individual factories under |
ono management or in one corporation,
ana. second, the crushing ont OF new RI
not only dictates terms to those who buy |
the product, but it also dictates terms to
those who sell the raw material, and to !!
those who furnish the labor. If the trusts |
are permitted to continue, we shall find
an industrial aristocraey growing up in |
the United States which will prove as de- |
structive of our ideals as a landed aris- |
tccracy would |
bic with our institutions. Mans necessi- |
lies compel us to become a purchaser, and |
chaser is completely at the mercy of the |
seller. Where there is competition be- |
tween producers, the purchaser is sure to /
obtain what he wants at a reasonable |
price. When competition is eliminated, |
he price is controlled, not by reason, but /
- the greed of the one who possesses the /
1t has been said that power to tax Is a /
cover to destroy. A monopoly possesses |
Sc ssments it will upon the purchaser, |
anc we can no more afford to authorize |
1 private individual to use the machinery
0f taxation in order to enrich himself at |
he expense of his fellow.
The government would be guilty of |
loss neglect II 1t permitted an individual
20 secure monopoly even without Leg |
slative assistance, but 1t is still more
2ulpable If, by legislative act, it furnishes
the means by which monopoly is Sc
tLred. The corporation is the means now
employed by those who seek to secure a
tiCus person, created by law, the power i
hat creates can regulate, restrain or an
lihilate. To say that the government is
to prevent the organization OF
trusts is to say that 1t has called into ex-
silence fictitious person, and that the
.ctitious person created has become
81 eater than the creator.
One Of the difficulties which have been
in opposing trusts is that the
Ion when attacked by state legislation,
mo shields itself behind its state charter
when attacked in the federal courts. No
'emedy will be complete that is not CO.
extensive with the federal government.
{ the extinguiShment of the trusts is left
% state legislation, the public at large |
state will furnish a robbers roost where
he spoils collected in other states can
;e divided.
Just now people are startled by the
-rinciple of monopoly as it manifests it
EFF in the industrial trust. and well may
hey be startled. The principle, however,
:: the same as that which manifests it
elf in the effort of the national bankers
o secure monopoly of the issue of pa
Der money.
The greenback is a rival of the bank
tote, and its presence is constant men
'snize the evils that flow from soap
I ust seem Indifferent to the dangers that
Ittend the formation of a paper money |
rust.
The principle of monopoly not only lies
t the foundation of the attempt to de-
troy the greenbacks, but IL is the corr !
rolling principle that underiies the cru
ade against silver as a standard money.
Between 1850 and 1860, when the produc-
ion of gold was increasing and the pro4.t
pction of silver was small, three nations
leneonetized gold, and gave TO silver q