The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1899-07-22

Legislation Against Monopolfstfs
Combinations Furthered by
Republicans.

-. cor democratic action in con-
gress n stringent national law against
publicans passed the law in 1890. Dem
ocrats destroyed IL in 1894 and defeated
it's reenactment in 1897. The proof Is
easily within the reach OF everyone.
Ii is distinctly set forth in the laws
passed by congress and is too plain TO
be disputed. In the Mckinley tariff
law OF 1890 was the following section:
Every contract, combination in the
form of trust or otherwise, or conspir-
ncy, i'm restraint of trade or commerce
among the several states, or with for
eign nations, is hereby declared to be IL
legal" Any person engaging in such
combination was to be deemed guilty
of misdemeanor, and, on conviction,
fined not to exceed $4,000, or impris-
oned for not more than one year, OF
both in the discretion of the court. The
law containing this most sweeping
provision against trusts was passed in
1890 by vote of l64 to 142. Every vote
for it was republican and every vote
against IL, except two, was democratic.
1t passed the senate by a straight vote
of 40 TO 20. The only bin ever passed
by congress in the direction OF tearing
up the trusts by the roots, in every
state in the union, and in every shape
and form, received almost unanimous
democratic opposition.
Al "a A
controlled both houses and proceeded
TO extend to the trusts the greatest act
of friendship they have ever received
from any source. No one was more
prominent in this deed than William j.
Bryan, who was member of the ways
and means committee, and one Of the
trainers and champions of the Wilson
tariff law of 1894. The Wilson law
killed the complete and effective pro-
vision against trusts in the Mckinley
law, substituting the following sec
ton, which is of no practical use what
ever: Every combination, conspir-
acy, trust, agreement or contract is
hereby declared 10 be contrary 10 pub
lie policy, illegal and void, when the
same is made by or between two or
more persons or corporations either cf
whom is engaged in importing any ar
ticle from any foreign country into the
United States" The Mckinley law
placed heavy penalty upon trusts OF
every kind and everywhere in the Unit
ed States; the Wilson law swept this
full safeguard away and limited the
penalty 10 importers alone. Mr.. Bryan
worked and talked for the Wilson bill
necessarily. lie and his fellow demo-
Gratis in congress tore down the wall
that shut out trusts, and they came
trooping IN all over the country as the
result of the democratic overthrow OF
the law of 1890.
More than this, the democrats in the
last congress prevented the restoration
of the provision against trusts in the
present, or Dingley, tariff law. The re-
publicans had no majority in the sem
ate and democratic senator's would not
permit the antitrust clause OF the Nc
Kinley law TO be inserted in the Ding
ley law. The new congress is repub-
lican i'm both branches. For the first
time since 1890 republicans have the
power TO put back into "A tariff law the
section which they passed before and
which declared all trust combinations,
no matter what their form or location,
10 be illegal and subject TO fine OF
$1,000 and imprisonment for one year.
A comparison Of the Mckinley law of
1890 and the Wilson law of 1894 will
convince any investigator that the
democratic party, with Bryan as one of
its most prominent and Jealous lead
crs, stepped in and saved the trusts at
the most critical time in their history.
The Official evidence is within the reach
of all, and IL is Observation-Disclosures.
Louis Globe Democrat.