New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-09-15


sion Of trusts there is no indication that Ans
thought whatever has been given 70 their erer,
upon our National life, upon our clfizenshln
and upon tn lives and characters Of the men
and women who the real strength ~ our
Republic
We cannot be true n our Republic BY ignor,n,
these things We cannot be honest 10 the peonls
either at this conference or in our legislative
assemblies by combining our deliberations 70 tho
commercial advantages and disad' antages %
the trust.
It is better 70 be forever poor. but indepena.
ent and happy as individuals. than 10 lay the
foundations for industrial tyranny and slavery
Personal liberty is rather 10 be chosen than
great riches Equality If opportunity 10 all mon
Is better than the control Of the worlds trade
The effect Of the trust upon our National ll'a
and our citizenship will not be sudden, perhaps
1t will rather be a silent and gradual change
II may not be observed at once, but ifs infu.
ence will nevertheless 10 felt
The warning With which the history of N.
iscadence and downfall Of other nations FUR.
nshes us may not be k'eded noH II not W.
may pay the usual penalty Of slavefy ~ com.
mercial avarice and greed. Increase - tho
wealth Of the country is greatly 20 DO desired
but If he people are 70 be degraded 10 Industrial
slavery. wealth under sucl conditions is a
SO. II our Independent and intelligent bust
ness men and artisans are to 10 crowded out n,
existence as . class by the trust there Is m
remedy too drastic for the trust Some NAV
think it too early 10 sound note n warning \,
this kind. but the time 10 check an OWL tendencv
Is when II nrSf shows lfSflf
! favor the complete and PROMPT anuihiia
ton Of the trust-vith due regard f0r properly
rights OF course
care more for tho Independence and mani.
ness Of the American citizen than f0r I'll the
gold or silver in the world II Is better 10 cher.
sh the happiness of the american home than
10 control the commerce ~ n" globe
The degrading process Il the trust means
much 70 the future Of a republic founded upon
democratic principles \ democrau, republic
cannot survive the disappearanco ~ demo.
cratic population.
A FRIEND or THE TRI SITS
Ex-Governor Foster, Of Ohio. was The ne1l
speaker. He said
Denounce trusts as 10 may fhov have CON.
70 stay Why? because rho gig9nf.r business
operations Of the present and fufure cannot
be carried on without them Through tho trus,
the enormous waste that IS en'ared upon bust
ness operations by competition IS saved TIE
product and the service performed are cheap.
ened. Labor viii have tho better opportunity
20 enhance wages and shorten ihD hours ~ toll
is so signay illustrated in the railroad ser.
vice Of the country.
When the trusts shall have been properly
safeguarded by law their securities viii furnish
a means Of safe investment ~ somoVhr
higher rate OF interest than VIII Doc paid hv
Government. State or municipal bonds. fhl'
sffording an opportunity for investment by peo-
pie Of moderate means
\ bureau Of Government or Board similar
10 the Interstate Commerce Commission should
be established 70 whom an trusts shall apply
for license after being incorporated. and %
whom reports as required of National banks
should be made The terms II the license should
provide against over apita izaton.
All profits beyond & per cent should DO taxed
for the benefit Of the Government. u seems -
me that il is the duty ~ this conference 10 20
quest Congress 10 submit amendments 10 the
Constitution giving il necessary power 70 con.
troll the trusts and 10 tax their profits
THE COMMITTEE ON Resolutions
When Governor Foster concluded The follow.
ing Committee on Resolutions was announced
Ohio. T. F Mack. Nebraska r. Roseua,er;
Arizona. W. c Campbell Arkansas p ! Brown;
Montana. II II Swain. NeV-Jersey Edward l.
Keasbcy: North Dakota. william 7 Perkins;
Illinois. ". r. Jewel. Iowa. George T. Clark.
Wisconsin John Magic. Florida. Dr. John
+. Forbes Cooperation Broth hood - the
United states. John II. Copr7rd National
Grange. Patrons Of H1shandr' : II Ellis Ohio,
Illinois Commercial News Association. samuel
p. Bonnelly American Federation 81 Labor
Samuel Gompers. Nationa. Alliance Theatrical
Stage Employees Union Leo VI Half. Tinted
ISOLATION of Manufacturers. Theodore q. search.
Kansas John +. HaSsir. Tennessee. g. r.. Snof-
grass New Hampshire. Horny W. Blair, Mn
nesota Hon. W b. Douglass. National Gram
Growers Association. :. II. Greeley National
Farmers Allan and Industrial lnion, John
Hill jr Missouri. General f. G. Grow. Trsf-
ellers' Protective Association Of America. IT.
Phalen. New Mexico. {. }. Gavin; kn shn
Labor. J. G. Shonfarber, National Single Tax
League. Louis +. Post. BricklayerS' lnterra-
ticnal Union. ". r. Grady: Association u West
ern Manufacturers. Walter Fieldh0ur Wyoming.
J. Dana Adams United states Agricultural De.
partment. Washington. y. g.. Professor =. 7.
Newcomh. Delaware. Henry Aowav.