Omaha daily bee., 1899-09-15
PINCREE STAR ATTRACTION
CONTINUED from First Page.)

need OF the enforcement Of penalties which
| run against individuals hiding behind trust
organizations. as we'll as they do against
| individuals who stand upon their own re-
sponsibility.
"These are simple remedies and the won
der is not that they are needed but that
being needed, they are not applied. The
| reason is to be found, think, in a certain
| weakening of the moral fiber of the Ameri-
can people, partly as result Of the economic
errors which have been inculcated so in
dustriously and partly in response to the
tireless propaganda OF calumny and calam-
ity which has become. in a manner, a public
disease, affecting injuriously the entire body
Of the people. This habit Of complaint Is
something more than mere discomfort. Its
existence indicates quite clearly that the
development of great financial energies in
this country has been by a decided loss of
tone on the part Of the people.
There is not an unlawful combination in
America today that does not owe it's exist
ence to some unfaithful representative Of
the people. There is not one that cannot
be destroyed in short order by an honest
enforcement of the law. Those trusts or
combinations against which the laws do not
run are no more to be decried than any
other manifestation Of business enterprise.
1.-The American republic needs tonic Of
sound doctrine for the instruction OF youth
and for the admonition of the aged, which
will show that abuse Of power Is too
deep seated for correction.
"One immediate and wholesome effect OF
such tonic would be the impartial enforce
ment of wise laws against all offenders, and
the repeal of obviously unwise laws regard
less of the protests Of their benefciaries.
No unlawful trust could stand for a day in
,k1,fs
The convention then took a recess until
3 o'clock.
Former Governor Foster Of Ohio was the
next speaker. He said:
"Denounce trusts as we may they have
come to stay. Why? Because the gigantic
business operations of the present and fu-
ture cannot be carried on without them.
Through the trust the enormous waste that
is entailed on business operations by COM
petition is saved. The product and the
service performed are cheapened. Labor will
have the better opportunity to enhance
wages and shorten the hours of toll, as is
so signally illustrated in the railroad serv-
ice of the country.
when the trusts shall have been prop
erly safeguarded by law their securities will
furnish means Of safe investment at a
somewhat higher rate Of interest than will
bonds, thus affording an opportunity for in
vestment by people of moderate means.
| "a bureau of government or a board SINH
lar to the Interstate Commerce commission
should be established, to whom all trusts
shall apply for license after being incor-
porated and to whom reports as required
of national banks should be made. The
terms of the license should provide against
overcapitalization.
'All profits beyond per cent should be
taxed for the benefit of the government.
1t seems to me that 1t Is the duty of this
conference to require congress to submit
amendments to the constitution, giving 1t
necessary power to control the trusts and
tax their profits"
| Committee on Resolutions.
When Governor Foster concluded the fol-
lowing committee on resolutions was an
nounced
Ohio, l. F. Mack; Nebraska, e. Rose
water; Arizona, w. C. Campbell; Arkansas
: B. ]. Brown; Montana, H. s. Swain; New
Jersey Edward I. Keasby; North Dakota
William T. Perkins, Illinois; w. R. Jewell;
Iowa, George Z. Clarke; Wisconsin, Hon
John Nagle; Florida, John F.. Forbes; Ma
tional Grange Patrons of Husbandry, s. H
Ellis, Ohio; International Typographical
union, Samuel B. Donnelly; American
Federation of Labor, Samuel Gompers; Ma
tional Alliance Theatrical Stage Employees
union, Lee M. Hart; United Garment Work.
, ers, Henry White; National Association o.
, Manufacturers, Theodore C. Search; Kansas
Z John E. Hessn; Tennessee, G. r. Snod
grass; New Hampshire, Henry w. Blair
, Minnesota Hon. w. B. Douglas; Nationa
J Grain Growers association, S. H. Greeley
e National Farmers Alliance and Industrial
I union, John Hill, jr.; Missouri, General e
!, C. Grow; Travellers Protective Association
8 OF America, NJ. W. Phalen; New Mexico
, c. j. Gavin; Knights OF Labor, j. G. Schon
farber; National Single Tax league, Louis
y. Post; Bricklayers' International union
NJ r. Grady; Association of Western Manu-
facturers Waiter Fieldhouse; Wyoming, ]
Dana Adams; United Agricultural depart
ment, Washington Prof. H. +. Newcomb
Delaware, Henry Alloway.
The next speaker after ex-Secretary Fos
ter was Attorney General Davis of Arkansas
"If the withering blight of trusts Is Il
overshadow our free American institutions,
said Mr.. Davis then. in my judgment
away with American liberty, American
patriotism, and tho good of American peo
pie The trust is but the ripened fruit o
misused tariff legislation, and the robber
OF the people on tho silver question. 1t |
not of the legislative department OF thl
government that ! would complain, but o
the judicial department. We have got I
reconstruct our judiciary. II we ever hav
another civil war 1t will be brought abou
in my judgment, by judge-made law.
tell you one OF the greatest evils OF tn
country is Judge made law, the judiciar
department invading the department of tn
legislative"
When Mr.. Davis concluded tn
audience was In state CT agita
tion which made II thoroughly en-
JOY a slip OF the chairman, VIII
announced. "the next toast" and was over
! whemed by the laughter which ensued. II
finally found opportunity to introduce Proi
2 George Gunton OF New York.
During the latter portion Of his speec
Mr. Gunton was frequently interrupted b
questions from spectators in the gallery
How about the Standard oil company |?
asked a man in the rear. The speake
i started to reply, hut was interrupted agail