The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-06-15
liyidual appears to be dishonest in a cor

DuDllC IN what form business III done
whether by an individual. firm, corporation
or even trust. These are merely forms VI
conducting business or In other words, |
machinery for the operation OF business. IL |
is the duty OF the government TO see that
under the tariff laws they enact, this MA /
chtnery can not Ia its actions result to the
detriment or impoverishment OF the pub
lie.
1T would have been very easy and prop
err for the government to have put COR
responding internal revenue tax on sugar
simultaneously with the imposition OF Gus |
toms duty and have the S2i 600 900, which |
Will go into the pockets of a few individ- |
uals go into the treasury for the benefit |
OF the whole people. II no expenses OF |
the government needed to be provided for, /
and protection to American industries |
was desired, the imposition OF 10 per cent
ad Nalorem on all manufactured products |
would have settled the matter There is |
every reason why it revenue Is desired, |
that with a duty on raw materials OF tor |
elgn production, corresponding internal |
revenue tax should be levied on similar
products and the protection to m9nufac- |
turers thereof limited to an additional 10 /
per cent, | repeat that all this aglta-
ton against trusts is against only the
machinery employed TO take from the
PUBIC what the government in It's tariff
laws says II Is proper and suitable they /
should have. L. is the government. /
through Its tarif laws, which plumbers the 1
people and the trusts, etc, are merely |
the machinery for doing IT,
ne statements made before the com
missions IN congress and prepared against
sugar refining companies are absouteIyI
devoid Of truth--utterly unworthy Of credit
me intention OF congress. however. to
enact something into law contrary to whit
the sugar refining industry prouerlv ts
qulVeu' resulted, irrespective OF the great
injury ana Injustice done In the passage
o. ne existing sugar schedule
whether the sugar refining company,
mas been benefit or an injury to me
community can best he EXPRESSED m Il
taole showing the prices for considerable
period prior TO the formation OF the trust
ana tor corresponding period suisse
quent' The difference since its formation
shows an advantage to the consumer-note
tnat--consumer--of over once eighth OF "A
cent per pound
What the sugar company has dishursed
IN dividends has been not because Of any
extreme protection under the tariff. but
out OF conditions perfectly legitimate and
commendable. Their record shows conclu
siYely that no advantage had ever beeu
tdheh oy tne company OF any protection in
excess OF the ) per cent claimed, f. e. ii
yen. per pound under the tarin The
tAflH laws should NOT AFFORD protection o.,
eeeding 10 per cent to any Industry. SO that
irrespective Of Tho form of doing business
individual or corporation, the people--that
Is the consumer--would be protected As
me tariu laws are, il is the consumer .
me great mass Of the people-who has
.tlPiy SUFFERED TO the great advantage OF
the few Of the business community
The sugar company undoubtedly tries
10 do It's utmost to enlarge It's business
out does II in way they consider proper
J. e. by making the price so low Us 10 DEFY
competition.
IL is my opinion that corporations are
under no obligations whatever 10 nny on
the states for their existence Ouite ma
reverse The States are under OBLIGATIONS d
10 them II the plant of these industries
consolidated was capable OF being nut on
wheels and moved from State Ia state
You would find very active bidding for
them It is not an unusual thing for cer-
tam localities to guarantee free taxation
ior twenty years, free water, and, in some
instances give land to corporations 10
have them organize under their statutes
and locate In their States
Hostility TO capital meets with It's
own condemnation, This Is illustrated nv
the situation In New York, where A dis.
orlminauon against capital has prevented
ITS employment and driven il elsewhere
resulting In greatly increased tax rata
anu tendency to Increase the number Of
unemployed VI
All have to say about trade orpaniga
tlon and strikes Is. that without violence|
they are natural. They have one ohiecs
tion' however heir tendency to reduce ali
labor to a low lever az
Business is not philanthropv C.rito,
and labor Will adjust their own differnrcas (
II LEI alone. Interference always opsrates
against one or the other That means "a
the disadvantage Of both.
There Is no such thing as mononolv IN
these days except where they result from
patents and c0pVrights
THE true 'cemmunism of neIf, a.
the customs tariff hill. II snVs en-
the peoples Here tx the law we bn,,e
enacted for ypur robbery. no nor
ceMninin OF II, hut do your utmost 10
"u"clN ana tn1urc the machinery en-
2h%ch IN extracting from won ,yhnt
ave icglElnte shan he taken from
YOU Keep up the cIatter while tbc
voters On the fnrin bin talse adVnu
tnEe oG the noise 10 enact ln,vs
that cause SOur iRipoverIHhment and
.hus contribute tn the greed and
"Narice of the few
There is prevailing hostility to
wealth This is perfectly Illogical Every
one wants money. II Is The abuse a,
money, not its possession, which Ia oonosei
TO public interest This hostility finds M
outlet in hostile legislation. in UNEQUAL and
unjust taxation. Al this Is probably I'M
SoAsNltullondi.
1t Is directly against the interest of tho
very class, mean the poorer class whom
II Is supposed to benefit.
Corporations. whether directly such or
IN the form Of trusts are an expedient
Tor uniting the interests OF large number
OF persons OF smaller means into a largo
aggregation OF capital.
Attack upon them u.s. therefore. an at
TACK upon their stockholders In the eass
OF many well conducted corporations the
stockholders are often persons OF moderate
means, dependent upon their income lar
their support 80
In the absence OF all distusAins.a causes
me direct tendency Of a combination of
capital is 10 promote economy, reduce sx-
penses and diminish nrice.
Ihis doesenat-Saean that a person bav-
Ing anything to sell will not ger tor N
the largest price that he can. II means
that WITH the abundance OF eapilal ready
Tor investment, which Is always found
ererywhere,- only way to prevent COM
Petition Is 20 keep prices below the COM :
petitiye point
Great public improvements. factories
aud other enterprises requiring large cap
Nal are impossible unless through The in
srumentality OF corporations. or are pos