The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-09-02

srArrLE, SATURDAY. Sept. I
cox nnxAx,s srovE1RE.

G08S A9'O 08Ov - - -
Col. Bryan h not only . great teacher.
but be u . great discoverer. He has
found . remedy Cor trusts. and Re has
chosen The tnportant village Of Upton.
No.. from which TO reveal his cure-au
Tor the crushing octopus evil. He con-
templates the prevention Of trusts by
means Of national license law. He
declares:
.'rhe government should say that no cor
soration should do business In any state
q which u Was not incorporated except
nnder the license issued by the Federal
authorities. This license should be posted
81 The trusts plant IN . conspicuous piace
ana kept there. and II should be peni.
Tertiary Offeuxe for anyone to do business
With . corporation not having such IL
cense or for q corporation to run IN any
afate save the one wherein II Is incorpor-
oted without this license"
This license. 1t IL said. must be issued
under such conditions an 10 make mo-
nopoly Impossible. Stock watering by
corporations must be forbidden and
their capital limited. 'It would be such
m easy matter then to regulate their
capitalization and business that monop-
olixation would be impossible" Col.
Bryan II said to have given Il ~ his
conviction that the states cannot handle
the trust question. and hence the Fed
eral government must take Il up and
settle II This. by the way. win be In
teresting news both to Gov. Rogers and
20 Mr.. Heifner, the proxy he (Rogers)
did not appoint 10 represent him at
Gov. sayres' Justly celebrated trust con-
ference.
The news from Upton Ia exasperating-
~ vague as TO the exact method by
which Mr.. Bryan proposes to dose the
ailing body polite with his new-fangsed
ANTITRUST nostrum II does not tran
spire whether he has examined into the
serious question OF the eonstituttonallty
Of q congressional license law, or
whether he has considered that weighty
objection and seixes the bull by the
horns by proposing . constitutional
amendment. Congress has power to
regulate commerce among the several
states" but the states control the cor
porations doing business within their
borders. Congress can regulate the
transportation companies doing business
between the ssates--the agencies Of
commerce--out the states themselves
govern the concerns carrying on the
business Of selling goods. operating
manufactures and 50 on. Gov. Sayres
long since saw this clear distinction.
Possibly the Nebraska statesman has
not yet caught M with the Texas In
depreciation OF constitutional law and
its demarcation u the lines between
Federal and state power.
But. waving aside all question OF
validity Of the proposed statute. bow
far along has Mr.. Bryan go, on he
highway TO Utopia when his Federal
license Is clubbing the oc,apuses into
proper regard fer the rights 81 TIE reo-
pie! What sort os license must IL be
that viii BE- effeetiveT How can II b.
made potential factor In solving a
grave problem ard ia directing and cen.
trolling monopoly How can 1; BE-
Framed 30 that its provisions will n, re.
specsed and ohsset In brief. what ktna
u license will % the work.
II would seem that the PROPOSE. H.
cense leaves the question lust ga FAR
from settlement az ever. Col. BRYAN
simply rrcpsses ~ stop un The srus,
hole with q statutory stovepire.