The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1899-11-17
DID THEY GET THE WINK?

Six months ago almost any political
prophet would have predicted that the
next fight at the polls in this State
would be waged chiefly on the issue
of trusts. - For months after the
present tide of large combinations be-
gan to carry great sums into our State
treasury Democratic journals gave
vent in loud tones to their righteous
indignation that New Jersey was
making herself partner of the Money
Power that was eliminating all com
petition and would eventually grind
the faces of the poor into the dust.
These corporation fees were "blood
money, T" they said in their bitterness ;
it bought the right of the Octopus to
bleed the widow and orphan, and take
the very bread out of the mouths of
infants. Well, the campaign has come
and gone, and the political soothsay-
ers are left without leg to stand on.
The indignant Octopus chasers of the
Democracy contained themselves so
we'll that not word was said about
F" the shadow of corporate power" as
Mr.. Gourley acclaimed in memora-
BILE speech, which "hovers round the
throne. !" Thes issue of trusts
petered out as fatty as did the buzz
zard issue, which was so immensely
important few months agone; as
fatty as the trumped-up question of
imperialism" will peter out by the
next campaign. What the reason was
for this sudden quiet on the part of
the Democratic press can be conjec-
tured. 1t is possible that when the
Democratic managers got together to
map out the campaign they found each
others fingers tarred so badly with
the trust" stick that they didn't
think it wise to call general attention
to them. For, as the Newark News
says;
The parent corporation law was
passed by Democratic Assembly and
approved by a Democratic Governor
Bedle.
The Democratic campaign this year
is managed by Mr.. W. B. Gourley,
with the assistance of that distin-
guished anti-corporationist, Mr.. Allan
McDermott.
Mr.. Allan McDermott is president
of the Corporation Trust Company
oe New Jersey" of Jersey City.
The Corporation Trust Company
of New jersey is corporation
which affords aid and advice to trusts
organized under the law of New
Jersey. Its spacious building is filled
with rooms upon whose doors are
tackled the names of million dollar
trusts. The rooms are the "offices'
of the foreign trusts. The law re-
quires foreign trusts to maintain an
office in the State. The Corporation
Trust Company of New Jersey" fur.
nishes the office.
Among the organizers of this trust,
Trust Company are found the names
of Allan McDermott, Leon Albeit anc
Henry G. Kelsey.
Our contemporary doesn't by any
means exhaust the list of Democratic
leaders who it says are guilty of anti
trust buncombe while sharing imme
diately in the prosperity it brought
to the State by the business combina
tions. Mr.. James Smith, Jr., still {
power in Democratic circles, and Mr.
E. f. @. Young. most prominently
mentioned as the party's candidate
for Governor next year, are two o.
the biggest holders of combine
stock in all America. Those bosom
friends, Messrs. Gourley and DAILY
stand ready to accept good fat fees
from big corporations-the bigger tn,
better, since the fees correspond in SIZE
to the financial strength of the com,
bines. "Blood money" doesn't worry
them. And so the list might be ex
tended. Is it any wonder that the lea
ders gave their party organs the wink
that the latter shut up so suddenly, an(
that we heard nothing about trusts il
this campaign?-Pateson Press.