The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1899-09-21
rec, ana make monopoly imposslp.e :

tree, and make monopoly impossible BY
law
Railroad discrimination DIR. Bryan
placed in the same category
Mr.. Bryan's remedy for the trust evil
is combination Of state and federal
legislation. He believed any state
should have the right to issue and re-
woke charters, but that congress should
say whether or not such company
should 90 bushes 1870
where Incorporated. Conanuing, Mr..
Bryan said:
Method OF AaalhiIation.
One method for the ann JhsIation of
trusts has occurred to me, aad 10 lle it
seems a complete method 1t may not
commend itself to you. 1t is this:
That congress should pass law provid-
Ing that no corporation organized in any
state should do business outside of the
state in which it is organized until it re-
ceives from some power created by con-
gress a license authorizing it TO do bust
ness outside of the state; then tnat license
can be granted upon conditions which
will, in the first place prevent the water
ing of stock; in the second prevent mo-
third, provide for publicity as to all of the
transactions and business ofsahe corpora
ton.
A third condition, l suggest that this
license shall not be granted until the cor
poration show that it has not had a mo-
nopoly and is not attempting a monopoly
Of any branch of industry or any article
of merchandise, and then provide that if
the law is violated the license can be re-
voked
Now, may be mistaken, but it has
seemed to me that this method of dealing
with the trusts would prove an effective
method. l do not SAY that there shall be
no private corporatioQ3 gu [ 5, y rnt a
corporation is created by law, it is created
for the public good, and it should never
be permitted to do a thing that is in
furious to the public good
have faith that these questions will be
settled and settled right, but want to
protest against this doctrine that the
trust is natural outgrowth of natural
laws 1t is not true. The trust is the
natural outgrowth of unnatural condi-
tons created by man-nade laws.
You cannot hide behind the doctrine
that it is here and that we cannot get rid
of it. / believe that the American people
can get rid of anything they don't want
that is not good.
Ibelieve that the Declaration of INDIE
pendence was the grandest document ever
penned by human hands. The truths of
that declaration are condensed into four
great propositions: -,
That all men are created equal; that
they are endowed with inslienable rights;
that governments are instituted among
men to preserve those rights and that gov
ernments derive their just powers from
the consent Of the governed
such government Is impossible under
an industrial aristocracy. Place the food
and clothing, and all that we eat and
wear and use in the hands of few peo-
pie, and instead Of being q government
by the people, it will be a government of
the syndicates, by the syndicates and for
| the syndicates Establish such q govern
ment, and the people will soon be power
less to secure q Legislative remedy for any
abuse
For 100 years all pations have Looked tn
this nation for hope
US settle these questions tAa5 We have; les
us teach the world the blessing OF gov
eminent that comes frQin he people, and
let us show them h, e tappy anA how
prosperous people car ne
At the conclusion the n..tor res 1me
his seat facing sea Of Wildly waving
arms and storm of cheers. Three
quarters Of the audience left when 10
had finished.