The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-05-14
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Combine Against Combines.

Waco Times Herald.
The Times Herald in its issue OF Sunday.
April l6. appealed to the Legislature not TO
pass the antitrust bill with the extra
territorial clause applied to insurance
companies. and pointed out the inevitable
result Of such legislation. AT the same
time this paper announced Its determined
opposition to trusts in every form ana
pledged hearty support to any EFFORT that
promised their successful annihiaiion
without precipitating a panic. This mas
been the position OF the Times Herald all
the time and upon no occasion has
failed to act consistently with this posi-
ton. This paper, however, suggested
week ago that the proper way 'or the
States to fight the trusts was to 1ght
untedly; to act In concert, and thus smut
them out of a market. II might be I'M,
possible to secure the cooperation oi all
the States but a sufficient number oil
them can be enlisted to make The move
ment effective Every State that went
democratic in 1896 would enter into me
iarrangement. There are twenty-five or
them, as follows: Alabama, Arkansas,
Colorado. Florida, Georgia Idaho, Kansas,
Louisiana, Mississippi Missouri. Montana
Nebraska, Nevada, North Carolina, SCUM
Carolina South Dakota, Tennessee, Texas,
Utah, Virginia, Washington, Wyoming.
Among the States which voted a majority
for the republican ticket the following may
reasonably be expected TO join in the
movement: California, Illinois. Iowa, In
diana, Kentucky, Minnesota, Michigan,
North Dakota, Ohio, Oregon and Wiscon /
sin, This increases the number to thirty
three leaving only twelve States inr the
me- 80. ta la. nj
uectlcut Delaware, Maine, Maryland, Mas
sachusetts, New Hampshire, New Jersey,
New York, Pennsylvania, Rhode Island,
Vermont and West Virginia. Left TO Thesis
twelve States for a market, tho trusts
would fall to pieces and the several con-
Germs OF which they are formed would
soon be competing with each other for a
market in the other thirty-three States.
a convention of the governors and attor-
neys general of all the States should be
called as suggested in these columns last
! Sunday, and that convention should form
ulate a plan of procedure. The purpose
should be to adopt such conrse us would
secure the cooperation of the people OF
the several States and at the same time
be sufficiently strong and drastic to ef-
| fectually knock out the trusts, preventing
such organizations from doing business in
any Of tho States so leglslating, An agree
ment OF this kind between the executives
OF the thirty-three States named as being
reasonably sure to cooperate would most
certainly find ready response with the
! people and the legislatures would doubt
| less adopt the measures recommended by
their respective governors. combination
such as this would strike terror to the
trusts and strike from individual capital
1 the shacllles that have been placed there
/ by the big combines Fear Of the wlther-
ing hand Of he trust has kept thousands
OF men from Investing their money in in
duslrial or commercial Institutions and
driven them to boarding their money, iu-
vesting in interest bearing securities.
shaving the notes OF unfortunate debtors
or engaging In other unproductive pur-
suits 1t has piled up all the money ia the
country in the b"nks taking 1t out of use.
| Thereby Gripping trade of all kinds and
multiplying idle men and hungry mouths.
To contend with a foe that possesses The
power TO do these things requires the com
olned wisdom and strength OF the States
but acting together they can kill this
monster and liherate the millions of pri-
late capital driven into hiding through
Tear OF the crushing weight of the trust