The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-05-26

individual 10 secure monopoly
even without leEislntive assistance,
but 1t Is stu more cuIpnbIc IL, by
legislative act, 1t furnishes n mea ms
by which monopoly is secured.
The corporation is the means now
employed by those who seek to SEE
cure monopoly. Since the corpo-
ration IL n fictitious person, created
by law, the power that creates oan
'reguInte, restrain or nnnibilntc. To
say that the government is impo-
tent 10 prevent the organization OF
trusts Is TO say TINT II has chilled into
existence fictitious persons and that
the fictitious persons created have
become greater thnn the creator.
| One of the difficulties which has been
encountered in opposing trusts Is that tho
trust hides behind the Federal constitution
when attacked by State legislation and
shields itself behind its State charter when
attacked in the Federal courts No rem
edy will be complete that Is not coexten-
sive with the Federal government. II the
| extinguishment of trusts Is left to state
legislation the public at large will be vic
tinSzed as long as a single State will fur
nish robbers roost where the spois col
! lected in other States can be divided.
! just now people are startled by the prin-
| ciple Of monopoly as IL manifests itself In
| the industrial trust and well may they be
! startled, The principle, however, is tho
same as that which manifests itself IN the
| effort of the National bankers to secure a
monopoly OF the issue of paper money. The
greenbaclt is the rival of the bank noe,
and its presence is constant menace to
/ the banks of issue Some who recognize
the evils that flow from a soap trust seem
! Indifferent TO the dangers that attend the
formation OF paper money trust. The
| principle OF monopoly not only lies in the
| foundation OF the attempt TO destroy the
! greenbacks, but II Is the controlling pr.n-
| ciple that undories a crusade against sill
| yer as standard money. Between 1850
and 1860, when the production of gold was
! increasing and the production OF silver
| was small. three nations demonetized gold
| and gave silver monopoly OF mint privi-
leges. Early in the 70s the inanciers be-
came alarmed at the increase in the pro-
/ duction of silver and consplred TO destroy
] n
monopoly to gold, ,he production of which
at that time was stationary.
The standard money trust is not only
the parent trust, but Is in the bands OF
! foreigners
The republican party is impotent
to destroy the trusts. II is con-
troIied by those who are Interested
in trusts ana its campaign funds
and sinc,vs of war are supplied by
trusts. The policies for which IL
now stands disregard the interests
of the producers of wenith and give
the money N consideration which Is
denied TO the individual.
Abraham Lincoln, In the very be-
ginning of his presidential career,
warned the country against the at
tempt to put capital above labor in
the structure of the government
the prophecy made by Lincoln-it is
putting the dollar above the man.
Is OpUoHtu w
the principle of monopoly wherever
IL mnnifests itself. Ii has declared
war upon the trusts. Not IA little
trust only, but big trust AS well.
Not against one kind OF trust only,
but against all trusts.
/ Mr.. Bryan, although he devoted a great
/ deal of his address 10 trusts, touched brief
/ ly upon the silver question declaring 1t
/ was an issue that must be met, The re-
puhlirans being pledged to the gold stand
ard, no said, were opposed to silver be-
cause II meant the giving up OF the stand
ard which they had adopted,
lilo then returned to the attack OF the
| trusts which he accused of lack OF good
faith towards tho people.
"A rich man. he declared, "who pays
his taxes is as much of a patriot as any
man who swims a river or who climbed
M san Juan hill"
| Following Mr.. Bryan came o. IL. F. Bel
| mont of Now York, who in the opening
| sentence OF his speech, declared himself
as IN favor of the election of the men
named by democratic nominating
convention in 1900. He turned to the foe
of the eyening-the trusts-and hunted
them vigorously. declaring them the off
shoot OF the policy pursued by the rc
publican party during the last twenty
years.
Ok Governor John 7. Altgeld of Illinois
was the next speaker lie dwet at con-
siderable length on the principles of the
Chicago platform, declaring that con-
tnucl adherence to them by the demo-
cratic party would mean a great success In
tho future.
An overflow meeting was held in the
auditorium of Music hall Nearly ANN
people thronged the hall and short adj
dresses were made by Mr., Bryan. Coin"
Harvey, Congressman Dockery of Missouri.
Champ Clark and number az others.
SITUATION IN AIARA,tA