Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-05


Last year American vessels trans
ported smaller share OF our exports
and imports than during any former
year In all our history. aud the measure
OF our dependence upon foreign thlpfing
wns painfully. manifest to our people.
Without any choice Of cur own but from
necessity. the departments Of the gov
eminent charged with military and ma
val operations In the East aud West In |
dies had TO obtain from foreign ilngs |
merchant vessels essential for those
operations.
The other great nations have not hes.
ltatcd 10 adopt the required means to |
develop their shipping 40 factor In |
national defence. aud ~ one OF the sur |
est and Hpecdicst means OF obtaining |
for their producers a share In foreign |
markets. Like vigilance and effort on |
our part cannot fail TO Improve our sit
ustion. which IL regarded with humilin-
tlon AT home and with surprise abroad.
Even the seeming sacrifices which at
the beginning may be Involved. Will be
onset later by more than equivalent
gains.
The expense In as nothing compared
10 the advantage TO b. achieved. The
rc-cstabllzhmcnt of our merchant ma.
rinc Involves In large measure our
continued Industrial progress and the
extension OF our commercial triumphs
I am satisfied the judgment Of tho
''hNNe WV INtt'N VI nv W wv
merchant marine. which VIII broaden
our commerce and markets ana up.
build our sea carrying capacity for the
products OF agriculture and manufac-
turc, and which. with the increase ~
our navy mean more work and wages
to our countrymcn. NJ well ne safe
guard 90 American interests In every
part VI the world.
TRUSTS AND INDUSTRY.
Combinations Of capital organized In.
TO trusts. to control the conditions Of
trade among our citizens to stinc COM
petition, limit production and determine
the prices Of products consumed by the
people are probably provoking public
discussion and shouid early claim the
attention OF the Congress.
The Industrial commission. created by
the act OF the Congress OF June N.
1875 has been engaged In extended hear
ings upon the disputed questions In
volvcd IN the subject Of combination In
restraint OF trade and competition.
They have not yet completed their lns
vcstigatlon o. this subject, and the con-
clusions and recommendation at which
they may arrive are undetermined.
The subject 10 one giving rise to many
divergent Views as TO the nature and
variety or cause and extent Of the In
Jurlcs to the public which may arise
from large combinations concentrating
more 81 less numerous enterprises, and
establishments which previously TO the
,ormatlon ~ Tho co,nbination wore car.
Red on separately
II ~ universally conceded that COM
bInntions which .nrross or control The
market OF any particular kind OF mcr-
tho general community by suppr.aalns,
natural and ordlnary comnotitlon.
Whereby price. arc undt,iv .nh,nc.d 10
| Inc iser.,ai cons,,r,.T arc nhnoxia,,s mi
| oniv 10 tho ,om,non iaN INT aiso 40
,hc puhiir v,ifnr" Thc,. ,nus, h. "a
remedy Tor the .vIia Involved IA anon
orgnnizniions N tbe nreeen, law can
~, extended more certainly 10 control
| al, cheek these memorable. ar tru.ta A
should l.. done without delay What
| ever mower Tho congrex. possrsses over
mis- most lmnortnnt subiee, should h.
uromptiy ase:rtaIn.d ana aa..rted
TRUSTS IN THE PAST.
sst..'s
President Harrison. In his annual
message OF December J. iss9. says;
"Earncat attention should be given by
| Congress TO consideration or tn, qucs-
tion how far the restraint OF those com.
| binations Of capital commonly called
/ trusts In matter Of federal jurisdiction.
When organized. Us they often are, to
| crush out all healthy competition, and
to monopollzc the production OF sale OF
an article OF commerce ana general
necessity. they are dangerous eonsplra-
Giles agaius 1.-THE public good and they
should be- made the subject OF prohibit
/ DRY and even penal legislation,
An act 10 protect trade and com.
/ mcrcc against unlawful restraints ana
| menopolica was passed by Cangtcss on
~. ~, M s,s,,,; ~,
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