El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-08-28
PERSONS
Have Done More For The
Advancement Of The
World Than Can Ever
Be Computed.

BUFFALO, N. Y, Aug. 2S.-As dis
tinguished gathering of eminent re-
presentatives of bench and bar as
ever assembled in this or any other
country was present in the council
chamber of the city hall at 1870
O'Clock this morning, when Acting
President Charles F. Henderson, of
Nebraska, called to order the twenty
second annual meeting of the Ameri-
can Bar Association.
The assembly comprised men who
have given distinguished service to
their state and nation on the bench, n
the cabinet, and as am bassadors to
foreign powers.
When Senator Henderson raped
the convention to order he called to
the rostrum the following gentlemen:
Senator Lindsay of Kentucky, who
will deliver the annual address; Sir
William r. Kennedy, justice OF the
high court of justice of Eugland;
William Writ Lowe, of New Orleans,
ex-president of the association; Joseph
Walton, Q. c., of London, N. w.
Hoyles, Q. c., of Toronto, and Hope
Taylor E. Brown, president of the
patent law association of Chicago.
After expressing appreciation of the
cordial welcome extended to the as
sociation at Buffalo, Acting President
Henderson delivered the annual ad-
problem of the trusts in the following
language:
"The problems, legal and political,
that are the most absorbinRly import
ant and likely to lead to far-reaching
results in law making and statute con-
struction are those incident to so-cal-
led trusts, pools and combinations in
m manufacture, commerce and trade.
"The legislative difficulty seems TO
be to draw the line that should divide
the Objectionable trust or monopoly,
that defies the natural laws of trade,
from the desirable corporation or the
of capital productive of
good results.
ITO strike down the one and not
cripple the other is no easy task for the
law maker.
Concentration is the order of the
day. Industries of Importance and en-
terprises of magnitude can only be car
ried on with success by bringing to-
gether that aggregation of capital and
of personal liability permis-
sible in the creation called q corpora
tion.
"This artificial person has accom-
plished, in the gathering of the raw
from the sto-ehouses of
nature: the making from them in shop,
mill and factory articles of use or
ornament; the gathering of them in
mart, store and warehouse to vend to
the consumer and the distribution of
,hem by the numerous channels on
water and land-more of substantial
to mankind than any other |
Turing its hundred years an advance |
IN all lines OF production, with cor
benefit to the consumer,
uch as has been afforded at no other !
period in the worlds history.
"Corporations that have for their |
purpose a bettering of M ethods of man
lfacture: sale or distribution: the |
of the making of the
rticle produced; the improvement in |
he style Or convenience of the finished |
'roduct; the economy in it's vending or
are a great good to
nenkind and in them, legally conduct
d, there is naught of evil to our
ace.
"NO more disastrous calamity could
'efall the republic, that largely by
uch concentration of capital, with the
afeguards thrown about the invest
nent, has kept for itself It's own splen-
i'd market and is now capturing the
markets of the world. than a blow ad-
either by statute or deci-
ion, destructive of those corporate
interests that are honestly capitalized,