The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-09-16

force. upon the bounty OF the earth upon tn,
sun that quickens the crop. upon the rains tha
refresh It. upon the rivers that wash the soil IL
which It 10 EN- bedded as we'll as upon the indus
try Gilman. yet venture TO say that neither sid,
Of this controversy IL wholly right or who'll
wrong; that there are some combination
which operate to reduce prices ant
some which operate to increase them
II I accept either I should offend against
that other offender Of which complain. II
will DO idle TO say that some improve. thai
some raise prices and some depreciate them Il
we did not prescribe some test by which We
could distinguish between the two
An industry which at ons and the same time
reduces prices and swells it's own profits must
accomplish that result by increasing the volume
hand, an industry which dominates THE Inc
market by the favor OF Government. direct OF
Indirect. cannot. in The nature OF thinGs, be
petltors' In an open field Without the favor. II
lXppiauss Ths lnteS,ereDeS of the Gov:
sFnSm nssnss, would be an , injury and n. not
binatlon Of cant tai or anything you may choose
to call It. that dominates Q market through a
consumer through a restricted competition.
that delivers to u, the consumer on it's
excellency OF its service. but from the he pess-
ness OF those with whom it deals.
GOVERNMENT INTERFERENCE WITH TRADE.
IAI2plsuse Now: there are three ways in
q ipPdiSduT. in hii c0nntry One
points on which we ca" agree. and il posi- "e
BILE, Sy cone suggsstions to extend ths scope
upon questions which cannot possibly be set.
tied by this conference; and on which this CON
/ will not waste time in d iscu sslng patent laws
The other means by which the, Govern
sVsrS PERSON can o S whetRer he ' bs
lieves In high tariff or free trade. that so far
he ar' hs III t th.
duetion OF any article. to those engaged In 1t
is to Be formed. manifesty L aids the enter.
prise where the. field OF competitlon 10 oriRi-
every article which Is produced is. exposed
70 the competition Of the whole world. II you
petition manifestly il is easier to make COM
bination between the producers In one country
than IN all countries, and to that extent the
There Is stiII a third and serious question
with which ! think we can deal and which, /
I refer 70 those iavors which are extended
ioying government franchises which are none
the less goyerpment AGENCIES, because o9s their
ws IS By 20 aee W
difficulty. First. ! mus. assume It 10
aeerlou5 dimGulty because IL is almost lmpos-
erecy.. That il does exist everybody believes;
6Ss fer The philosophical
follow that which you cannot even
fully describe and the worst feature therefore
certain cIss OF the com munity Is that 1t 10
0hrouded IN mystery.
NO person can ENJOY favor at the hands OF
any company enjoying public franchise ex-
cept at the expense Of another. 1t is true OF
every instance where the Government favors an
IN N md
/ say here. that Government cannot at one
and the same time be fountain OF generosity
expect to make OF a perfect Government iss
Just onecrthat Is to say; an impartial Govern
epeaoent when it is absolutely Impair
Tia, Su, not merely must ts hands r. impaE.
Of rs hands must be impartial Not G merely s"Is
Impartial, its exefsutivss officers impartial.
to discharge fanctons ESSENTIALLY public. must
be impartial in that service to every human
applause.
MIR: Cochran then took up the question OF
municipal ownership which he said was ono OF
powering private corporation to discharge a
public function Is that 'a The service wiz DO more
givesto one man opportunities at the expense
ofanother robs that other man. Continuing. lie
Now. my friends the remedy, for evils in my
Judgment 10 the original remedy which sug.
y6eb Tho hatred Of
to, the public ,onInioS q AmsSIea in
which think any person can folio With per-
feet safety. that wherever you find a general
ways a pretty good ground for it, it.. iApplansel.
The distrust OF corporations arises not in
% from VEL tssnd
Texas. whose eloquent. periods moved this
body as have not seen it moved. on the lrst
between corporations which acted for the public
good. and those which acted for the oppression
derstand the distinction from his v Words s but tn
think he and psrfectly' were in sympathy in
our feengs We do not object to the principle
Corporate existence is the natural evolution
OF the partnership 1t Is a scheme By which
In production. while partnership was a
scheme limited to men who knew each
But the management Of corporations has been
the blacklist page in all our history. tAppiauseI
discharge Of its duties. Whe1evS SF1sy pe n sne
sssss to lure YOU up dark aeyway on the
barley Sa wS him gong to he yoq Is do
confidence man: Cali policeman. il you
Eant to save your property or your character.
vices to the public and its stocthoders will will
seek secrecy or will insist upon 1t.
form Of Industrial organizatton 'V Which
dominates tt the maTks not through GOV
0THuent laNOTb. Dut through the cheap
ness OF it's product. Against the
%o neIp 81 that a, depends upon Government
gossd, as any gsntleman-even from Texas
Laughter. confess that l envy Texas its
breezy rhetoric when want to denounce that
Il have heard gentlemen here speak about
partial monopolies'. confess | do not under
stand what that means. A partial monopoly is
very much to me like partial home laugh
ter; II we are to have a monopoly / can
understand that laughter: but cannot quite
understand a partial monopoly. But then YOU
must remember that that is an economic sub
ject, and combinations Of capital have
phrases which I do not claim, to under.
from q very bad name. and deservedly so
II has been associated for ages with the very
worst form OF governmental practice. During
the whole history. OF the world. until. may
say. this generation. monopoly represented
rather. IT controlled thu, market by govern
ment patent. II meant n license to some gov
eminent favorite to pray, upon tho necessities
OF the community, and the mention of the
word naturally awakens the Indignation OF
every liberty loving freeman.
Il do not believe that there is any single in
dustry existing in this country to- day that is a
monopoly In the sense In which that word can
I ha I'D