The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1899-09-23

took the stage in reply. file took occasion to
announce his platform. and IL was regarded
as important inasmuch as IL will probably
be the antitrust plank which he will urge
for adoption by the next democratic ma
tional convention.
Mr.. Bryan stated his platform as follows:
First. that the state should have the
right 10 create whatever private corpora
tons the people OF that tale think best.
Second. that the state has or should have
the right to impose such limitations upon
an outside corporation as the people OF the
state may think necessary for their own
protection.
Third. that the federal government has
or should have tho right 10 impose such
restrictions as congress may think neces-
sary upon any corporation which does busi-
ness outside OF the state In which II Is
organized"
Mr.. Bryan then went on 10 say he would
have a commission appointed by the federal
government to license such interstate cor
poratio after being satisfied their stock
was not watered and that they were not
formed 10 create a monopoly. and after pro-
visions had been made for perfect publicity
OF their accounts.
Mr.. Cochran rose to reply. Labor leaders
were brought to their feet with cheers
when he declared tharihe time was not
far distant when all great corporations
would compel their employees to become
members OF labor unions, In order that they
might the more easily deal with them and
consult them In matters OF Vital importance
10 themselves
Replying TO the arguments advanced
against monopolies and large corporations,
he showed from the statements OF the la
Dor leaders and socialists themselves that
wages have never been higher nor condi-
lions better than at tho present time In the
United States. lie contendcd that the re-
suit OF the operation OF the largo companies
In the Ifuftgl ktutpg has fgUIQU TO Increase
the comfort and add 10 the enjoyment OF
the life OF every citizen. These had been
the result OF competition. and he appealed
TO the delegates themselves II they wished
20 put an end 20 competition. He main
tanned that the remedy for certain evils
which had been shown TO exist lay In exact
justice to everyone. without any special
privileges. and the United States would
continue to advance in the scale or civlli-
zation and progress as IL has done In the
past
The discussion then degenerated into de-
bates on single tax theory, the tarlff and
similar subjects until finally at six o'clock,
when Chairman Howe had concluded his
valedctory remarks. there were not 20 peo-
pie left In the hall. and the conference ad-
journed itself
President William Writ Howe, in
summing up the results of the trust
conference, said:
I'VE all agree that combinations and con-
spiracies in the form or trusts In restriction
or trade and manufacture. which by con-
sensus OF judicial opinion are unlawful,
should so be declared ~ legislation.
Organizations OF trade and industrial
corporations should be permitted TO exist
only under a system OF government control
uniform I'm all jurisdictions.
"The purpose OF corporations nhoud be
confined within Limits definite and certain,
and issue OF stocks and bonds should be
regulated with great strlctness.
There should be n system OF reports TO
the government and inspection OF accounts,
with provision for publicity similar TO that
relating to national banks"
The Central Music hall conference viii,
have one definite result 10 viii oventuato
in the formation OF an organization aggrcs-
slvely hostile TO trusts Delegates to the
Central Music hall conference OF antitrust
tendencies met Saturday night az the Sher-
man. A temporary organization was estab-
lished, consisting OF an executive commit
tee OF seven members with power to APP
point one vice president from each state
and territory and one from each national
organization represented in the conference.
The executive committee chosen at the
Sherman house caucus is composed OF NJ. l..
Lockwood. Pennsylvania Judge William
Prestiss, Chicago; A. NJ. Tod. Michigan:
President Dove. OF the National CONNER
cial Travellers association; Dudley q.
Wooten. Texas. and A. Il. McGuirk, Iowa.