The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-09-17

TINS UuJlOu has Deen the uRWLt VI 1hN
world For one hundred years the best
OF all nations have looked to this ma
ton for hope and instruction. Let us
settle These great questions that we nave
before us, let us teach the world the
blessing of government that comes
from the people and let us show them
how happy and how prosperous people
can be. / believe in the doctrine that
God made all men of the same dust ami
did not make some to crawl on hands
and knees and others to ride upon their
backs Let us show what can be done
when we put into actual practice those
great doctrines of human equality and ut
equal rights and make this Government
what the fathers intended, so that we
shall lead the world step by step ON to
higher ground"
Facing sea of wildly waving arms
and Il storm of cheers the orator resum-
ed his seat.
Three quarters of the audience had
been attracted 10y the announcement OF
his appearance, apparently, for that pro
portion left when he had finished.
Other speakers followed Mr.. Bryan al
ter which the conference then took Il
recess until p. m
At a meeting of the Resolutions Com
mittee held at noon it was decided that
no resolutions should be adopted by the
conference.
Ihis conclusion was reached with q
view of keeping politics out Of the cCn-
ference and in the interests of harmony.
Edward Roscwater, of Omaha, aud
Ex-senator Blair, of New Hampshire,
pleaded that the sentiment of the con-
ference be voiced in some way, but even
the resolution proposed by keasby, of
New Jersey, that the conference had
been productive of good, had given q
better understanding of the subject OF
trusts and combinations, was drowned
in an affirmative chorus answering
motion to adjourn the committee sine die.
1T was resolved yesterday that the
committee adopt no resolutions" explain
ed Mr.. Keasby. Il smoke with Mr..
Bryan after his address. He said that
owing to the nature of the conference
be had no resolutions to offer
BRYAN'S SECOND SPEECH.
The afternoon session opened with
addresses by Attorney General Z. S.
Smith, of Texas, and James 3. Dill, who
had a hand in framing the New
Jersey trust law.
A general discussion followed which
resulted i'm both Colonel Bryan and
Bourke Cochran taking the platform.
w. ID. Foulke, of Indiana, made snort
speech, in which he declared that he
failed to see that the remedies proposed
by Colonel Bryan in the latter's speech
during the morning session could result
in the attainment of the object sought
for.
Colonel 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 of
Take the platform came from all parts
of the hall, and with a smile he did so.
Il would not occupy the time again,
but for the fact that the gentleman
from Indiana (Mr. FouIke) mas referred
afraid that he does not fully understand.
My plan was this:
First, that the State should have the
right to create whatever private corpora
tons the people think best.
Second, that the State has, or should
have, the right to impose such limita-
tons upon an outside corporation as the
people of the State may think necessary
for their own protection. That protects
the rights of the people of the State to-
day, first, what they shall organize in
their State as a corporation, and, sec
ond, what they shall permit as cor
pQration to come from other States who
do business in their State.
Third, that the Federal Government
has, or should have, the right to impose
such restrictions as Congress may think
necessary upon any corporation which
does business outside of the State in
which it is organized. In other words,
| would preserve to the people of the
State all the rights they now have, and
at the same time have Congress eXer-
else current remedy to supplement the
State remedy. / would not take away
from the people of the State any right
now existing, but / would have the
Federal Government and the State Gov
ernment exercise the power that may be
necessary to annihilate the monopoly. |
do not agree with the gentleman that
you cannot annihilate a monopoly. zap
plause.) | believe it is possible to do so.
Now | am not sure the remedy / pro-
pose is unconstitutional | am not sure
that the Constitution would prohibit
such an act of Congress as | suggest.
Suppose that Congress should say that
whenever a corporation wanted to do
business outside of the State it must
apply and receive from somebody ere
ated by Congress for the purpose, IL
cense to do business. Suppose the law
should provide free commissions upon
which the license should be issued:
First, that the evidence shall show
that there is no water in the stock;
Second, that the evidence should show
that this corporation has not in the past
and is not attempting now to monopo-
lie any branch of industry or a branch
of any article of merchandise; and,
Third, providing for that publicity
which everybody has spoken of and
about which everybody agrees. Sup
pose that it done. Who is here to say
that sue ha law would be unconstitu-
tional?
But suppose the law is passed and is
held unconstitutional, then we can amend
the Constitution. The gentleman sug-
geSts that it is a difficult thing to get
two thirds of both Houses to favor
amendment and three fourths of the
States THAT is true. it is Il difficult
thing, but if the people want to destroy
the trusts, you can get two thirds of