The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1899-09-17
He Suggests a Plan to Regulate the
Trusts Of the Country.
NEW YORKER DESIRES MORE LIGHT
He Claims That He Does Not See the
Evil Effects of the Gigantic Com
bines-The Conference Ad-
journs Sine Die.

Chicago, September 1.-THE conference
on the uses and abuses of trusts closed its
session here today in blaze of oratory,
in which Colonel William ]. Bryan and
w. Bourke Cochran were the central fig
ures. Mr.. Cochran followed the noted Ne
braskan, but disclaimed any intention of
debating the conclusions of his immediate
predecessor and declaring his complete
concurrence in much that Mr.. Bryan had
said. The westerner had delivered the
speech of the day during the forenoon amid
frequent Interruptions of tumultous ap-
plause. Mr.. Foulke, of Indiana, comment
ing on the speech, made assertions which
Mr.. Bryan decided further to discuss. He
was required to take the stage and COM
piled, for the second time facing a wildly
enthusiastic house.
At the conclusion Mr. Cochran rose and
observed "just a few words. The specta-
tor wanted more and refused to subside un-
til he had taken the platform. He agreed
with Mr.. Bryan, he said, but he wanted
information
Bryan wildly Cheered
The crowd which greeted Colonel Bryan
when the doors were thrown open amount
was jammed from pit to gallery with ad-
mirers of the Nebraskan. When he had
concluded his speech so per cent. of the
people departed, leaving few struggling
spectators to listen to the remaining speak
ers and the report of the committee on
resolutions. Former Governor Luce, of
Michigan, was chairman of this committee
and he rigidly adhered TO the resolutions
passed yesterday in which 1t was resolved
that no resolutions giving the sentiment OF
the conference on the trust problem should
be presented or considered.
The decision of the committee as sub
mitted in Chairman Luce's report was
unanimously adopted and there was mo-
tion put before the house thanking the
civic federation for its entertainment or
the delegates.
Other speakers during the day were: j.
H Raymond G. w. Northrup, Jr., Profess
sor David Kinley, T. B. Walker, W. w.
Howe, former Senator Blair, of New
Hampshire; Attorney General T. d.
Smith, of Texas; j. B. Hill, A. G. Cope
land and w. d. Foulke, while many others
took part in the discussion, which closed
the conference
congressional Recoru s'Fie
1t was decided that those who had pre-
pared speeches but had not been allowed,
owing to the limitations of the program, to
read them, should deliver them into the
hands of Secretary Easily to be published
in book FORM together with those which
had been delivered from the stage.
Att the adjournment many of the anti
trust delegates met in the Sherman house
to formulate resolutions expressive of their
views.
The afternoon session opened with adj
dresses by Attorney-General I. S. Smith,
of Texas, and J. b. Dill, who had hand
In the framing of the New Jersey law
A general discussion followed, which re-
suited in both Colonel Bryan and w.
Bourke Cochran taking the platform. w.
d. Foulke of Indiana, made a short
speech, In which he declared that he failed
to see that the remedies proposed by Col
onel Bryan in the latters speech during
the morning session could result in the
attainment OF the object sought for. Col
onel 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 take the
platform," came from all parts of the hail,
and with a smile he did so.
Bryan's Afternoon speech
Colonel Bryan then said In part:
.L would mt occupy the time again but
for the fact that the gentleman from In
diana (Mr. Foulke) has referred to plan
which suggested and I am afraid that he
does not fully understand.
my plan was this:
"First. That the state should have the
right to create whatever private corporal
tions the people of the state think best.
Second that the state has, or should
have the right to impose such limitations
upon an outside corporation as the people
of the state may think necessary for thelr
own protection. That protects the rights
of the people to say, first, what they shall
organize in their state as a corporation,
and, second, what they shall permit as a
corpora tion OF come from other states TO
do business in their state.
.srhird, that the federal government has,
or should have, the right to impose such
restrictions as congress may think neces-
sary upon any corporation which does bus
mess outside of the state in which it is or
eanized.
Would Preserve State Rights
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-
gress exercise concurrent remedy to sup
Dlement the necessary remedy. When the
federal government licenses a corporatlo
to do business outside of the state in which
II was organized, it merely permits it to
do business in any state, under the condi-
tions imposed by the state, in addition to
the conditions imposed by the federal gov
eminent. I would not take away from the
neople of the state any right now exist
ing. but / would have the federal govern
ment and the state government exercise
the powers that may be necessary to an
initiate monopoly. (Applause). I believe
1t is possible to do So and | could not help
bi,t think of a line of a song while the gen.
tIeman was speaking and while he was
trying every possible remedy suggested,