El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-09-22


ectly authorized by the federal consti
tuition. 1t ia doubtful If under the
| constitution the federal government
can NEEDLE with the trusts when these
corporations are duly aud legally
chartered by the individual states an6
can not be shown to in
terfere with the freedom o.
trade or interstate commerce
| 1t is a question involving the deepest
constitutional problems. Curiou sly
enough, the representatives of tina,
very same great and hopclessly incon
sistent democratic party which force
bloody civil war to settle the question
of states rights are now
denouncing the republican par
ty and the federal admins
tration because the national
government does not utterly
disregard the right of the states to
charter corporations, and assume the
right to determine what corporations
are trusts and what are not. No one
ing urgently for solution. But it is
one to be met and discussed calmly
and thoroughly, not in haste or
anger. 1t Is an economic
problem which requires care
full consideration and judi
headed man eaters of the Arkansas,
Missouri. and Texas Legislatures will
not helpsthe matter bit by their
rabid attacks upon all com binations of
capital, even partnerships and private
understandings, whether inimical to
the interests OF the people or not.
The resolutions adopted at the ST.
Louis conference are more rationa.
than those passed at Chicago. The
recommendations made are briefly
summarized in the dispatches as fol-
lows:
The enactment by the states and
the nation of laws defining as criminal
all attempts to monopolize or restrain
trade and providing. for the
violation of such, punishment of both
individual and corporation, the latter
by dissolution.
The enactment of laws to control
and regulate corporations chartered by
states, and the inspection by state au-
thorities of corporations organized un-
der state laws.
The enactment of laws by each state
to prevent the entrance of foreign
created corporations, except on equal
terms with domestic-created corpora
tions, and subject to the laws of that
state.
No corporation shall be formed which
is in whole or in part controlled or OWL
ed by another corporation.
No officer or director in one corpora
ton shall hold stock or be an officer in
another corporation engaged in q SINH
lar or competitive business, with the
object or result to create a trust or
There can be no question that each
state has right to regulate corpora
tions chartered by itself, and it has an
equal right TO prevent the entrance OF
foreign corporations, "except'on equal
terms with domestic created corpora
lions and subject to the Same state
laws" This is the line to work on in
devising solution of the
trust question. 1t may be
that it will be necessary to change
the form of procedure against corpora
lions whose business extends over many
states, so as to make prosecution posi-
Die under the laws of the several states
TO degree that will insure real con-
troll by each state of all foreign corpor-
atoms doing business therein. And
after all the laws are passed they will
De worse than worthless unless they
ire rigidly enforced in letter as well
. spirit and without fear or favor.
The Mexican congress has granted
President Disz twenty-one days leave
If absence in order to enable him to
visit Chicago upon the occasion of the
aging of the corner stone of the new
ederal building next month. One |
hundred thousand dollars was appro-
,riated for the expenses of the trip. |
Nothing in recent years has so |
'ignally demonstrated the great |
that exists between |
he two sister republics as has this |
generous act of the Mexican congress. |
The visit will have a definite interna-
ional significance. The governors of
he various states through which Diaz
will pass will receive him and his par
y fficially, and at Chicago the meet
ng of the two presidents will be with
,ut precedent in our history |
81 Paso now has chance to |
how in a way never before
her Importance as
American city, and her
riendliness toward her southern |
neigh bors. The time is very short,
but this city should take steps at once
% provide suitable entertainment for