The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1899-05-26

claimed. that party had ever shown 10
corporate interests
when Mr. Hawes arose to lntroduco
Mr.. Bryan he was greeted with an
plauEe and the applause. which met Mr.
Bryan was Of the most natterulg doscc'u,
ton
Tia cneera drowned TIE mualo of ,aa
band, which struck up Hold he For
as he advanced 10 he front OF the. ios
trum. Mr. Bryan spoke as follows
An actor who visited Nebraska reeen B.
iy. upon learning from: a. republican that
confidence had b, On restored remarked
that he had examined Wehster's dictiGu-
airy TO learn what confidence meant and
found confidence defined ass trust, ana
then no understood that conhdonc had
been really restored.
More trusts have bevn formed during
the last two years than existed al tho
bgnning OF the present administration
ana the nominal capitalization OF tha
trusts now in oxistence approaches. if %
does not equal In amount. the worida co.
tai amount Of silver and gold. Tine IN
nuonce OF these trusts has beeone so
enormous that the people. without res
how the evll can be remedled.
The purpose OF the trusts lt 10 control
the product OF the same article OF mer
chandase, and the methods employed are
nrst. the union Of an indiyidual factor.c
under one management or in one corpo'
ration and secoud, The crushing out of
new rivals, A monopoly whom once com
plote not only dictates terms % thof'
who buy tho product but u also dic
tates terms TO those who sell the raw
material and % those VINO furnish Tho
labor. ~ the trusts are perm ted ~
continue we shall hnd an nduaul1
arisuocracy growing NO in the lnlec
States which will prove al destructive 70
our idelas as landed aristocrncy would
The principle Of monopoly 70 uc0mDH
| lble with our insHtutlons. Mans ueccf
! stiles compel him % become "a puroAaseI
and where There is but one seller th'
purchaser is completely n the mercy o'
| the seller Where thern p cqmpehtloi
/ between producers inc purchaser u slir
/ 30 obtain what he wants at REASONABLE
price When competluou i eliminated
the price ~ oontrllicd not by reason bn
~ the greed ~ the ono w8i0 possessed
the MONOPOLY
II has been said that the power 20 tai
IS "a power 10 destroy a monopoly pos
sesses the power 70 tax o. can l.y.
such asses meuts ssit Will upon the pun
chaser, and we can 20 more afford q
permit such "a power % be exercised D.
pfiyate individuals th1n We could afi1r
10 authorize "a private Individual % us
me machinery N taxation n order
enrich himself at the expense Of otherf.
The government would Dee guilty.
srgss neglect Il u permitted an iud.yt
uat 10 SECURE q monopoly even with'n
legislative assistance but n stu mof
culpable n by Legislative aci p furn'th'
the means b. which MONOPOLY la
cured The corporation p me means n1
employed by those who ek p m'nppp
70 say that the government is ampe
ent 10 prevent tie organization NJ trus
"a - say that it has called INTO eK.s
ence a actitous person aud that the p
titous person created has become Rrea.
: than she creator.
= One 10 the difncultas when has 1t.
encountered In opposing trusts is th
: the trust hides behind .he feferl 90
stRut'on whom attacked BY stale ies.si
a t.on ana shields itseif benlnd iu "a
charer when attacked ia the ttorf
}. courts. No remedy viii b. complete IA
ie q not oo-extenslve @iui tho federal g.
y eminent. II the extlngulshmeaf OF
fe rusts Is lsft Tor aate iesishatlon, {
q onh,ie Al large VIII be vicfimizea al lo
~ as a single state Will furnish robb@