New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-09-18
THE PASSING THRONG.

II was present at the recent Trust Conference In
Chicago" said j. A. Tawney member Of Congress
from Minnesota at the Fifth Ave-
WORK OF nue. Hotel yesterday, when w. j.
THE TRUST Bryan and w. Bourke Cochran
CONFERENCE came to daggers drawn. Some
very excellent papers were read
and some very excellent speeches made, and on the
whole. / must say that think much good should
result from the conference. in that 1t emphasizes
the intricaces Of the subject | was surprised 10
find that In the remedies proposed even by Mr..
Bryan, the trust is conceded TO have become per-
manent factor in industrial development.
Whether Intentionally not, almost all the speak
ers suggested other remedy than that Of Gov
crnmental control Mr. Bryan's idea was that the
Federal Government should require these trusts to
obtain a license before doing business outside OF
the State in which created. The idea OF control
presuppOses the existence OF trust, and those VINO
advocate nothing more than Government controi
are necessarily willing that the consohdatlon OF
productive industry should proceed under the FORM
Of trusts or combinations, as 1t mas IN the last
eighteen months
ITO my mind the most important question In
v0lVed did not get the consideration II deserved,
That Is whether the unrestricted oDnortunlty 70
control price and production the contamination OF
opportunity for individual effort will or Will not be
welfare of the Nation ~ these results follow the
consolidation % capital into monopoistic forms OF
organization no one can claim that such consolida-
tion or the organization Of gigantic corporations
would not be injurious; as constituting serious
vision Of these corporations or so-calied trusts ~
the Federal or State governments viii not reach
going beyond the methods employed by the trust
The remedy whatever II may be. in order to be
TORS Of production and the law Of free competl-
tion. The most effective remedy, it seems to me.
VIII be by system OF graduated Federal taxation:
che that woull enable the smaller aggregatons Of
capital in any given industry TO compete with those
Federal Government imposed a higher tax upon the
one than upon the other, In this way the cond-
the opportunity for free competition"
One OF the greatest firms in the world in the fur
trade is that of c. NJ Lampson & Co. OF London,
England. w. LampsOn. OF this
THE Fur firm, when at the Waldorf
TRADE Astoria yesterday said
II he fur trade Is a most inter-
esting one. and only few people realize its extent
and scope. We Deal In furs from everywhere from
the frozen North and South and the most torrid
parts of Africa and India. Originally the greater
portion of trade lay in fur seal and as we rep
resented the Alaska Commercial Company I'm Eng
land we may have been said. together with the
hudson Bay Company, to nave controlled thl5
trade Owing 70 the encroachments Of poachers
this trade has greatly diminished. but the Prbylof
market The catch varies greatly from year TO
year. and the larger portion comes from the Aleu-.
Russian siberia and the Hudson Bay. do not
think the pOachers have ever entered into the lat
ters grounds. For some reason FUR seal pelts nave
never been cured and dyed in this country, some
tllmatc influence preventing, / suppose. w nen
cured au natuIel IT Is most beautiful fur, greatly
resembling the silver fox.
"Furs shipped to from the world over,
and by cured. This curing keeps out moths. and
three times year hold sales. when all that
then have on hand are disposed of at auction. The
most expensive fur pet in the world just now is
that Of the otter. skin of which frequently
sells for from $50 to 200 gIneas."
IF you want to put in summer without
vacation, start wood pulp mill in opposition 20 the
Wood Pulp Trust" said Elmer f..
WOOD PULP West. of Gens Falls. at the I'm
WITHOUT peral last night II started a small
A MARKET mill about year ago, and
since then haven't lacked for en-
plOyment. Up In Warren County We used to think
that the only spruce logs could be put to was
10 saw them into boards and planks. Now they go
into wood pulp. and in few short weeks the
branches and trunks which partridges and
buejays and highhOlders sat. they felt the keen
air Of he North Woods. are turned into mushy
pulp run through the paper mill sent To Ncw-York,
and some morning when you sit down 10 breakfast
parts of those very same Spruces are beside Your
plate carrying the latest news from the PHILIP
pines and South Africa. It's easy enough to sell
wood pulp when you're In the trust, but when
you're Of II you have to hustle to find a mar
ket." From what the reporter gathered as Mr.
West rushed away, he in the act OF hustlng for
a market.