Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1899-09-17
BRYAN ON TRUSTS.
Tells the Delegates ma. opInIon of Trusts
aud Combinations.


Chicago. Sept i6-The trust confer.
ence at Central Music hall was adj
dressed today by Colonel w. J.
Bryan The hall was packed in antici-
patton Of Bryan's reply to Cochran on
the trust question. 1t was reported that
Bryan had a set Of resolutions TO pre-
sent. presumably antagonistic TO trusts
as they now exist However. he denied
this. saying Il have none prepared
and am not sure whether have 10 pre-
pare any for presentation.
Bryan was introduced by Governor
Stanley Of Kansas who acted As chair
man at the opening Of the session Mr.
Bryan argued that monopoly in private
hands is indefensible. One trust might
be less harmful than another. but there
was no good monopoly in private hands.
Bryan denied that under monopoly
prices were reduced He protested
against settling every question upon the
dollar argument In the early years Of
Lincoln's administration he sent mes.
sage to congress warning his country.
men against the approach of monarchy.
lie said in the attempt to put capital on
IN equal footing. II not above labor in
the structure Of the government. he saw
the approach Of monarchy Lincoln
was right
Whenever you put capital on an
equal footing with labor, or above la
Dor, in the structure Of government,
you are on the road to aid a government
that rests not upon reason, but force, "
said Mr.. Bryan. What is the first
thing expected Of trusts That II will
cut down expenses. What's the secondi
That II will raise prices. We have had
not In this country yet taste Of com
plete trust. complete monopoly. and
we cannot tell what will be the result
of a complete monopoly by looking at
the results we have followed from at
tempts 10 secure monopoly because in
the attempt TO secure a monopoly, mo-
nopoly has been lowering the prices in
order TO rid itself Of competitors But
when IT has rid itself of competitors.
what il going TO be the RESULT My
frinds all you have TO know Is human
nature. God made men selfish. selfish
ness is merely the outgfowth of the in
stinct Of self preservation. Its abnor.
NAL development is a mans desire 70
protect himself
Both state and nation should have
concurrent remedies for trusts. In the
first place every state has, or should
have, the right to create any priyat,
corporation. which in the judgment OF
the people Of the state, is conductive e
the welfare of the people Of that state
believe we can safely entrust TO tn,
people Of a state the settlement Of th,
question which concerns them. II they
create CORPORATION and II becomes de
. structive Of their best interests. thel
can destroy that corporation. and W,
can safely trust them both to create an'
! annihilate, If conditions make annihlla
tons necessary.
In the second place state has o
should have the right TO prohibit any
foreign corporation from doing bushes
in the state and it ought 10 have or ha
, the right TO impose snch restriction
and limitations rs the people Of the stat
may think necessary on any foreign cor
porations doing business In the state.
believe. in addition TO state remed.
there must be Federal remedy. and
believe congress has or should have IN
power toplace such restrictions and lin
. itations. even TO the point Of prohibition
upon any corporation organized in on
state that wants 10 do business outsid
Of that state +"
. At the conclusion of his speech MI
Bryan resumed his seat facing a sea O
wildly waving arms and a storm q
cheers.
Congressman Gaines Of Tennessee,
assumed the Craftsmanship and Intro
duc,d James II. Raymond Of Chicag,
who spoke on Patents aud Monopolies.