Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-07-05

pa by the people and for the people
cannot long survive il Industrial indie
pendence disappears. When the mono
poly idea is carried TO its natural and
logical conclusion we will have Il gov
eminent of the trusts by the trusts
and for the trusts, with the large ma
Jorty of the people more helpless than
they are under am absolute monarchy.
AIR. Havemcyer says: Legislation
against corporation, if followed to its
legitimate results. would make the
country less powerful. it's people less
prosperous and would dcstro:- the in
iluence which comes from the richness
of the land and its people"
II by Legislation against corpora
lions" he means legislation against
trusts, he is in error The wonderful
growth of this country and the develop
ment of it's natural resources have gone
on until recently without the aid OF
trusts. The watering of stock the bank
ruptcy of rivals and the absolute con
trol OF the price Of the product, of raw
material and of The rate of wages
these things are not necessary To bus
mess success, nor are they essential to
the proper development of coun-
try.
on the contrary. the great develop
ment, the most rapid progress and the
largest total accumulation OF wealth
can be expected from system which
nfuses hope and ambition into the
largest number of toilers and guaran-
ties to every individual the enjoyment
OF the largest possible share of the
wealth which he creates. The trusts
instead of accelerating production.
really lessen the total product. while
they concentrate the rewards OF labor
so that but few are benefited.
TRUST DEFENDERS F4NTALISTS.
The defender of trusts thinks him
self an optimist because he sees no
danger ahead, but instead OF being an
optimSt he is really fataliSt. He ac-
cepts trust as IA thing inevitable. In
stead of considering the trust question
upon It's merits he assumes that il is
good because ii exists.
II physician finds his patient cover
Ell with boilS he does not try to con-
vince him that bols add to ones beau
~ or that they are n blessing because
they have appeared. Instead of pra!s-
ing boils he administers n remedy that
Will purify the blood. So the real optim-
ist believes in the ability OF the people
to govern themselves and to correct by
proper methods all the abuses of gov
eminent. Like the farmer. lie cultivates
the good grain and destroys the nox-
iouS weeds.
Mr.. Havemeycr thinks that Federal
legislation should not be invoked for
the humiliation of the trust. Speaking
TO the commission, he says: The soon
er you reali2e-it and quit trying to
control 1t by Federal legislation the bet
ter for all" But State Legislation is not
sufficient.
So long as the injury done by n trust
Is confined to the state in which It ex-
ISIS the remedy can safely be left to
mat State. but when States advertise
themselves - breeding places for
trusts, and vie with each other in The
passage OF laws favorable 10 the or
EaniZauon and protection of trusts. IL
becomes necessary FOR the people to re-
sort to an authority which reaches 10
every nook and corner Of the country
The state authorities can do sometime.
but their efforts VIII not be cOinrlntely
successful The fear of driving capital
from the State. and the desire In at
tract canital to the State operate To-
phralNze the arm Of tho state i'm deel-
ing with The trusts Tho Federal Gov
eminent alone car supply a remedy
commensurate With the evil
one passage in Mr. Harenovar's tes-
,lmony shows superficial kuoyvledga
Of social conditions. Iic saws. "Citizens
are divided into two cla ssca--the indus
irious and those who wish to live on
The Industry OF others. !; is they who
are without capital who are hostile 10
1t. This is only another mode of stat
ne the obvious proposiiion that it is
those who are without means who wish
To have it withou; work.
COUNTRY NOT HOSTILE TO CAPI-
TAI.
There is no hostility 10 capital In
this country. On the contrary every
body is DESTROYS Of accommodating the
thing called capital. but there Is hos
tility u some of the methods employed
by those who nossess large capital 10
oNerreach those who possess less capt.
tai. There is some hosiility-thaush
not as much as there should be-toward
those who use large Accommodations of
capital TO corrupt government ana
purchase special privileges. and then
use the power acquired 10 destroy
competition and trample upon the
rights of weaker members of society.
There is some hostility toward those
who. in the acquiring Of capital. have
not furnished 10 society an adequate re-
turn for the capital acquired.
If society is in danger, the danger
does not come from those who are
without means and who wish to have
il without work. but from those who
lave means for which they aid not
work.
Bismarck. in addressing an audience
of farmers a few years ago. told them
that they would have to act together in
order to protect themselves from the
droncs of society, who produce nothing
but laws" If we could to-day divide
the people of the United States into