The Wellington enterprise. [volume] (Wellington, Ohio) 1899-1900, 1899-10-04
FREE TAADE TRUSTS.


Legislation in this country on trusts
has been uniformly hostile, and the
greater part of it has been put on the
statute books by Republicans. The
Sherman antitrust law was the work
Of Ohio's veteran statesman, The Nc
Kinley tariff law also contained a
rigid antitrust section, which was
practically destroyed when the Demo-
Gratis passed the Wilson tariff law.
The Mckinley law declared every trust
or combination in restraint of trade
unlawful and inflicted heavy penal
ties. In nearly every Republican state
laws against trusts are on the statute
books, while the old Democratic state
of New Jersey is the home of trusts.
The corporation laws of New Jersey
were enacted by Democratic legisla-
ture.
Havermeyer, the president Of the
sugar trust, declares that "the protec-
tive tariff is the mother Of trusts"
The sugar trust imported billions of
pounds of raw sugar just before the
Wilson law went out and the Dingley
law came in. Why did the sugar trust
do this if the Democratic Wilson free
trade law was not more favorable to
1t than the Dingley law?
Havermeyer's profits on sugar under
the Dingley protective tariff law are
one-flfth' Of cent less per pound than
they were under the Wilson law. That
is why he is the champion of free
trade and attacks protection.
If Havermeyer had called the pro-
tective tariff 'the mother Of industry"
instead Of "the mother of trusts" he
would have been stating truth, in
stead Of putting forth lie. Prac-
tically every industry in the country
owes its existence to the policy of pro-
lection. The number Of factories
which have been reopened after years
Of idleness, the number of plants
which have been extended, the num-
ber Of mills which have been enlarged
in the brief time during which the
Dingley law has been in operation, are
beyond computation.
Havermeyer declares that refined
sugar receives no protection, yet the
sugar refining trust, of which he is
president, is the most extensive trust
in the United States, with the single
exception of the Standard Oil COM
pany.
Great Britain is the oldest and most
prolific parent Of trusts Great Britain
is also the most consistently free
trade nation In the world.
London newspapers of August 26th
tell of the formation Of a linoleum
trust in England, which is also to in
clude two linoleum mills in Rouen,
France, in order to get the control Of
important patents. In London papers
of August Gath is an account of pre-
liminary steps for the formation of
wall paper trust, Of which the London
Leader says: I'VE have already had
number of big combines, and the very
latest is the combination Of big manu-
facturers to keep up the price Of wall
paper" and adds that those who de-
cline to enter the combination will
simply be starved out by the COM
bine," which will have a capital Of
$15,000,000. Another trust recently
formed in England is the English
Sewing Cotton company, intended to
control cotton thread mills in England
and America Still another is the
Nobel dynamite trust, whose chairman
In a recent address to its stockholders
said that the trust owned and con-
trolled a large number Of subsidiary
companies, and added, "it is Of the
greatest importance that our sources
of revenue should not be revealed.
There are considerations too delicate
to be touched upon which satisfy US
that it would be detrimental to your
Interests to even name these COM
panies. You may trust your direc-
tors"
There are 16 iron and steel trusts IA
Great Britain, II textile combinations,
four paper combinations, u rolling
stock combinations, and many more
THE London Economist recently
printed a list Of 1888 trusts in Great
Britain. Fifty Of these have been Gre
ated very recently. They are free
trade trusts. Protection can have
nothing to do with them.
If protection were the mother Of
trusts" there would be none Of these
combinations in England. Manifestly
Havemeyer and his Democratic allies
are merely trying to fool the people
with gauzy falsehoods.
"
That Mythical Alliance.