The Indianapolis journal., 1899-02-23

culture who is visiting the China seas to es-
tablish agencies for American products and
TO bring back seeds and plants desirable In
the United States writes me that the Fill
pino is lowest in the scale of humanity OF
all the natives of the Orient. There Is an
educated class. but they are easily counted
and those who aspire to leadership are men
of very questionable integrity. The author
ity Of the United States must be established
completely The educating process toward
local self-governnent will be carried on
through the army and navy. Franchises OF
municipalities, provinces and islands VIII be
refused to adventurers. Everything possible
will be done to carry out the spirit animat-
ing the American people when they began
intervention for humanitys sake
The American people of all the States
are with the President in his great work
They believe in him; the exception is not
considerable, but does indicate that few
of our people have room for expansion ana
I think there is evidence of encouraging
growth in this regard. The liberty OF the
present has not degenerated into a license
so vile as in Lncolns day, or in the days
of Washington. A discriminating public In
sists upon fair play and the love of truth
has become a national characteristic"
"The Two Poles of Political Polity" was
responded to by Hon. Frank o. Lowden of
Chicago
Control of Corporations.
Frank S. Monett, attorney general of
Ohio, spoke on THE States Control Over
Corporations" In the course Of his address
he said:
II will not denOunce the conduct of GER
tain corporations as vigorously as did Presi-
dent Harrison one year ago Tonight at Chi
cago on a similar occasion. Neither do
yield to the cry of revenge OF some of the
aggrieved; nor do l advocate reputation, or
government ownership under our present
spoils system, but do say, with all the
Vigor of my soul, that the state and the
federal government should lay heavy hand
upon every such corporation that has re-
pudiated and broken its contract with It's
sovereign by entering into combines, by
pooling TO exact noncompetlttVe rates OF
freight and by rebating to favorites and
discriminating against the inland cities and
villages, and levying tribute upon state COM
merce in order to favor Interstate COM
merce. l would lay heavy hand upon every
such corporation that violates the promises
it makes to the State, in exchange for the
right of eminent domain, to give the cltl-
zens the rights of q common carrier, equal
freight rates and equal passenger rates TO
all and special favors to none.
''If an established railroad SO far abused
its privileges as to bind property tor s55
years by mortgage at per cent. at $9O0,0OO
per mile, when the market or compeutlVe
value of these bonds is but per cent, then
let the State protect the new competitive
road that Will parallel at $4,000 per mile
upon a. per cent. basis. IL the holder OF
a government bond drawing per cent. was
obliged to hear the call and refund II at
213 or 3 per cent. then let the State through
its sovereign powers protect and foster COM
petition in these quasi-publie corporations,
GAGIClSlIiS SONGTlilu6tlAdl et1tS%
powers until the holders Of such investments
must also realize that they or their vendors
have been guilty of legal fraud upon poster
ity. Compel such holder of stock and bonds
to the same treatment and the same compe-
titiOn to which other dealers III commodities
are obliged to submit.
TRUSTS monopolies, pools, perpetual and
exclusive franchises have been granted In
the past and will be asked for in the future
Governmental functions have been granted
and bestowed upon common carriers for
public purposes, and we behold these Ia
vered creatures holding the truncheon OF
chises to private gains and eXtoTtions. Our
Cuty to the whole people of our respective
States as to these special privileges in cities,
counties and States is the burning question
Of the hour. .
Michigan and Ohio and New York, as well
as in Luzon Not only take UP the burden
of the corporations that are legally operated
and maintained, but also take up the burden
of the victims of the corporations that have
abused their privileges and franchises. The
boys we sent across the seas to the PhlHp-
pines have DONE and are doing. their work
Of our cannons at Caloocan or the thunder
of our navy at Manila drown the cries TOR
help of the small manufacturer OF the
struggling young business man, or tne
laborer who is willing to become capltai.
ist and an employer, but finds hlmselI
crushed by the projectile hurled from an
illegal monopoly in our very midst
President Mckinley sent regrets, as dld
Hon John s. Wise and several others
Patriotic songs were interspersed through
out the evening.