Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-05-26

PRINCIPLE OF MONOPOLY.
The principle Of monopoly l. lncom-
patible with our Institutions. Mans
necessities compel him tn become a
purchaser, aud where there u but one
seller. the purchaser ~ completely at
the mercy ~ the seller. where there
l. competition between prpducerH. the
purchaser Ia sun 60 obtain what he
wants az reasonable price. When
competition N eliminated the price ~
controlled. not by reason. but By the
greed 81 the one who p0HaeHHCa the
monopoly.
\ FICTITIOUS PERSON.
'-The government would be- guilty Of
gross neglect II u permitted nm indl-
yiduai % secure monopoly even Win.
out legislative assistance, but Il II Htill
more cuipable II by legislative act Il
furnishes the means by which a
monopoly Il secured. Tho corporation
II the means now employed by those
who seek 90 secure monopoly. Fincc
the corporation 4 q fictitious person.
created by law. the power that creates
can regulate. restrain 90 annihllatc.
TO say that the government II I'm.
potent 20 prevent the organization ~
trusts II a. say that u has called into
existence "a fictitious person and that
the fictitious person created has be-
come greater than the creator.
HIDES ITS HgAD.
zone Of tho difficulties which has
been encountered IN opposing trusts
II that the trust hides behind the Fcd-
cral Constitution when attacked by
state legislation. ana shields itself be-
hind ~ state charter when attacked In
the Federal courts. No remedy VIII
be complete that II not co-oxtensiyc
with the Federal government. " the
extlnguiHhmcnt " the trusts II LEFT 10
state legislation the public at large
viii be Vlcilmizcd ms long as a single
State viii furnish a robbers roost
where the spoils collected In other
States can be- divided,
Just now p.oplo are startled by the
principle ~ monopoly M II manifestE
itself In the industrial trust. and well
may they be startled. The principle.
however. n the same ns that which
mnnlfceiH itself In tho efforts Of the ma
tlonal bankers 90 secure monopoly Of
the issue of paper money!
dREENnAcK TRUST.
THE grccnback II rival OF the bank
note, aud It's presence II constant
menace TO the banks " Issue. Some
who recognize tho evils that How ffum
a soap trust seem indifferent 10 the
dangers that attend the formation 81
IANfN HANANNNNN NluNAs
'''rho principle 81 the monopoly not
only Hes IN the foundation Of the at
tempt To destroy the grecnbnckH. but
Il II the controlling principle thai un-
deflles the crusade against silver a. a
standard N money. Hetween 1870 and
1850. when the production OF gold was
Increasing, and the production ~ silver
was small ihrce nations Accommodated
gold and rave the silver "a n,ou0poiv Of
mint privilege Early In the seventies
the fnnuoiers became alarmed al Tho
, O,,,'a Li",u.,on ot SILVER and con,
money. and give q monopoly 10 gold
the production of which at that time
was stationary.
THE standard money trust Ia not
only the parent trust, but IN In the
hands Of foreigners.
,,,,,, ,,,,,,,.,,,
THE hhfNhLi'AN fAlVIN.
'srhe Republlean parlv IL imnotep,
In destrnv the trtsis IL A. c',,,,'',,.t
liz those vhn nrc int,rsst'd N, ' ,.,,",s
ana ~ c,nnni,sn f,,nds 40 ~ -,
wnr mo s,inniisd h,y ~. IT, 'r,,.,1 M w.
,,nilev ~ wh,ch n rnw ,iands ,,ir
gards tho Interests Of The nrodncers M
1870, ~, ,.i,..a W w p'"uuV,,H 81
H'NNh ".h hN'H lhuh'l tnNhlutu-