Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-09-17
EXHAUSTIVE DISCUSSION OF
TRUSTS HND COMBINATIONS
N. Jennings Brudn Replies to the Sp66Ch OF
W. BOurk6 Cochran.
EVERY PHASB OF SUBJECT NOTICED
Monopoly in Private Hands Indefensbe From Any Stand
point and Ino1erable-A Protest Against Settling Every
Question Upon the Dollar Argument, and All Theories
That Tend to Debase Mankind The Power Needed
A Remedy Suggested-A Sarcastic Comment.
(py Telegraph to vlrglnlan-Pnot.)

(By Telegraph to Vlrginlan-P llot.)
Chicago, Sept 16.-The conference on
the Uses and Abuses of Trusts closed
it's session to-day in a blaze OF oratory,
in which Colonel w. j. Bryan and w.
Bourke Cochran were the central
figures. Mr.. Cochran followed the
noted Nebraskan, but disclaimed any
intention of debating the conclusions OF
his Immediate predecessor, and declar-
ing his complete concurrence in much
that Mr.. Bryan had said.
SPEECH OF TIE DAY.
The Westcrner had delivered the
speech of the day during the forenoon.
amid frequent Interruptions of tumult-
uous applause.
Mr.. FouilSe, of Indiana, commenting
on the speech made assertions which
Mr.. Bryan desired further to discuss.
He was requested to take the stage. and
compiled for the second time, facing q
wildly enthusiastic house.
COCHRAN WANTS INFORMATION.
AT the conclusion Mr. Cochran rose
and observed:
Just n few words" The spectators
: wanted more and refused to SUBS de un>
agreed with MIR. Bryan, he said, but
heawanted information. at
i crowd, (which 4 gre etad ., Calonei
4 Bryan when the doors OF the Music
sssff a1l3 We're thrown open amounted al
most ITO q mob, SO eager were they to
enter. The place was 1ammed from pit
to gallery with admirers of the Ne
braskan. When he had concluded his
speech eighty per cent. of the audience
departed, leaving few struggling spec
tators to listen to the remaining speak
ers.
RESOLUTION THROTTLED.
The committee on resolutions pro-
ceeded with its business in another part
Of the building. Ex-Governor Luce, of
Michigan, was chairman and he rigid
~ adhered to the resolutions passed
yesterday In which 1t was resolved tina;
no resolutions giving the sentiment OF
the conference on the trust problem
should be presented that the remedies
proposed by Colonel Bryan in the lat
ter's speech during the morning session
could result in the attainment OF the
object sought for.
BRYAN REPLIES TO FOULKE.
Colonel Bryan. who was sitting in
the back part of the hall, arose, and
amid cheering. started to reply. Before
he had uttered a dozen words, however
cries of take the platform" came from
all parts Of the hall, and with a smile
he did SO.
I would not occupy the time again,
but for the fact that the gentleman
from Indiana (Mr. Foulke) has referred
to plan which / suggested, and am
afraid that he does not fully under
stand.
my plan was this:
First, that the State should have
the right to create whatever private
corporations the people OF the State
think best.
Second, that the State has, or should
have. the right to impose such limita-
tions upon an outside corporation as
the people of the State may think nee
essary for their own protection. That
protects the rights of the people Of the
State to say, first, what they shall or
ganfZe In their State as n corporation,
and. second. what they shall permit as
corporation to come from other States
to do business in their State.
"Third. that the Federal government
has, or should have, the right to inn
pose such restrictions as Congress may
think necessary upon any. corporation
which does business outside of the State
In which 1t Is organized. In other
words. I would preserve to the people
OF the State all the rights they now
have and at the same time have Con-
sress exercise n concurrent remedy to
supplement the State remedy. r would
not take away from the people of the
State any right now existing, but I
would have the Federal government
and the State government exercise the
powers that may be necessary to ami
hilate the monopoly. do not agree with
the gentleman that you cannot annihi-
late monopoly. (Applause.) I be-
lieve it is possible to do so.
PROPOSED REMEDY CONSTITU-
T1ONAL.
II have no doubt that any remedy
that is proposed will be assaulted. If
those who believe that the trust must
remain, and those believe that the trust
means good, will accept the best rem
edy they can find, try 1t and then ac-
cept better one If q better one Is pro-
posed, and keep on trying until the
people are protected. (Applause.)
Now, am not sure the remedy I
propose Is unconstitutional I am not
sure that Abe constitution would pro-
hibit such an act of Congress as sug-
gest. Suppose Congress should say that
whenever a corporation wanted to do
business outside Of the State 1t must
apply to and receive from somebody
created by Congress for the purpose, a
license to do business. Suppose the
law should provide three Commissions
upon which the license should be is.
! a.. /. ! . 7