Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-10-05

VI complete trust. But when the trust
has rid itself OF all competitors, what
is going to be the result? Ny friends,
all you have to know is human nature.
God made men selfish. want to pro-
test against his doctrine that the trust
is natural outgrowth OF natural laws.
1t Is not true. The trust is the natural
outgrowth of unnatural conditions Gre
ated by man-made laws.
believe that these concurrent rem
edies will reach the difficulty; that the
people of every state shall first decide
whether they want to create a corpora.
ton; that they shall, secondly, decide
whether they want any outside cor
poration to do business in the state,
and. If so. upon what conditions; and,
thirdly. that congress shall exercise the
right to place upon every corporation
doing business outside of the state in
which it is organized such limitations"
A book will be published containing
all of the speeches in full. Only few
will read it, but the general newspaper
reader has time to look over these diff
ferent opinions: Henry White, gar
ment worker, said: THE trust mana
gers have magnificent opportunities.
Will they avail themselves of them:
Will they show the necessary large
mindedness? Judging by our know
ledge OF human nature, which we know
has not changed perceptibly for a
thousand years under varying condi-
tons, we have cause for grave doubts
as to whether they will. But the Amer
lean people have never failed to sue
cessfully meet a great issue when once
they grappled with it. In the lowering
cloud of social strife there is welcome
light. The mere fact of such gather
Ing as this gives us hope that the age
of reason is dawning, and when men
reason everything is possible.
Samuel Gompers. president American
Federation of Labor remarked that
1.-The only practical use of the antitrust
and interstate commerce laws has been
to take from us the right of trial by
jury and to imprison workmen for con-
spiracy. believe that instead of trusts
and combinations of capital opposing
and antagonizing the labor movement.
they should take a more comprehend
sive view of the situation and try to
make better friends of the organized
wage earners than they have in the
trations of wealth and the vast devel-
opment of industry. it behooves thu
workers TO more ceaselessly than ever
devote their energies to organized.
labor and counterfeit the effect which
otherwise their helpless and unpro-
tected condition would have upon
them"
John w. Hayes. secretary knights of
-,
Labor, maintained that the operation of
trusts was an assault upon the inherent
and constitutional rights of the citi-
zens: that the real vital advantage they
sought to gain was the despotic control
over labor.
y. h. Tucker. of New York. advo-
Gated anarchy as the only guaranteed
of social order.
Prof. John b. Clark. of Columbia
University said. II claim the immuni-
ties of a theoretical student of the sub
ject when l enter the realm of proph-
ecy, and declare that strange as pol
Icy may now seem that depends on fos-
tering the surviving competition by the
single means of enforcing uniform
lprices, it is the coming policy. Discus
sions of the subject are not tending in
that direction. but practical evolution
is so. and twenty years. if not n shorter
period, Will suffice TO make this fact
clear. We shall have the trust forever.
The economy that is interested in its
plan of production Will save it. We
shall not have more than trace of
monopoly. Under the shelter of laws
| that seem strange today, but Will seem
natural when experience shall be ripper,
the full benefit of competition will be
! secured by the purchasing public and
| The wage-earning classes. The wastes
| of the present type of competition will
| be avoided, and yet the protection that
II affords will be retained. The posi-
| bility of having trusts without having
| true fnonopolies Will make socialism
| unnecessarily.
1 Prof. II. G. Adams. of the University
of Michigan was of the opinion that I'll
! trusts are what they claim, that is tc
say the vanguards of a new industrial
| organization which holds within itself
4 great industrial benefits. the sooner
this fact is recognized by the public
the better for all concerned. If on tbs
/ other hand, there is danger in the ex-
treme application of this form of or
ganization. the government certainly
has right to possess itself of all fact
necessary for judicial opinion and fol
| effective legislation. Where competition
controls the government may safely
refrain from Interference, but where
competition is excluded, or where tn,
conditions of its exercise are such as
TO give one competitor an advantage
oyer another, nothing remains but pub
lie supervision. and the most important
indeed the essential, agency for legis
lation or for administrative supervision
is a thoroughly organized bureau o.
statistics and accounts clothed will
authority over the auditing department
of these industrial associations
Ml11naLlz5