Shiner gazette. [volume] (Shiner, Tex.) 1893-current, 1899-09-27
BRYAN ON TRUSTS.
Tolls the Delegates His Opinion of Trusts
and Combinations.

ana combinations
Chicago Sept Is The trust confer
ence at Central Music hall was adj
dressed Saturday by Colonel w. j.
Bryan, The hall was packed in antici-
patton of Bryan's reply to Cochran on
the trust question. 1t was reported that
Bryan had a set of resolutions to pre-
sent, presumably antsgonistic to trusts
as they now exist However he denied
this, saying: II have none prepared
and am not sure whether have to pre-
pare any for presentation"
Bryan was introduced by Governor
Stanley of Kansas who acted as chair
man at the opening of the session. Mr..
Bryan argued that monopoly in private
hands is indefensible. One trust might
be less harmful than another, but there
was no good monopoly in private hands.
Bryan denied that under monopoly
prices were reduced. He protested
against settling every question upon the
dollar argument In the early years of
Lincoln's administration he sent mes
sage to congress warning his country
men against the approach of monarchy.
He said in the attempt to put capital on
an equal footing, if not above labor in
the structure of the government he saw
the approach of monarchy. Lincoln
was right.
Whenever you put capital on an
equal footing with labor or above la
Dor, in the structure Of II government,
you are on the road to aid government
that rests not upon reason, but force.
said MIR. Bryan. What is the first
thing expected Of trust? That it will
cut down expenses What's the secondH
That it will raise prices. We have had
not in this country yet taste of a COM
plete trust, a complete monopoly, and
we cannot tell what will be the result
Of complete monopoly by looking at
the results we have followed from at
tempts to secure monopoly because in
the attempt to secure monopoly, mo-
nopoly has been lowering the prices in
order to rid itself of competitors. But
when it has rid itself Of competitors
what is going to be the RESULT My
fr'nds all you have to know is human
nature. God made men selfish, selfish
ness is merely the ourg. owth of the in
stinct of self preservation. Its abnor-
NAL development is u mans desire to
protect himself"
Both state and nation should have
concurrent remedies for trusts. In the
first place every state has, or should
have, the right to create any private
corporation, which in the Judgment OF
the people of the state. is conductive Ia
the welfare of the people of that state.
l believe we can safely entrust to the
people of state the = Utlement of the
question which concerns them. If they
create corporation and it becomes de.
structive Of their best interests, they
can destroy that corporation, and we
can safely trust them both to create and
annihilate il conditions make annihila
tons necessary.
In the second place state has OIL
should have the right to prohibit any
foreign corporation from doing business
in the state and it ought to have or ha'
the right to impose such restrictions
and limitations as the people Of the stat,
may think necessary on any foreign cor
porntions doing business in the state
believe, in addition to state remedy
there must be Federal remedy, and
, believe congress has or should have tn,
power to place such restrictions and lin
itations, even to the point Of prohibition
upon any corporation organized in on,
state that wants to do business OUTSIDE
Of that state.
AT the conclusion of his speech Mr.
Bryan resumed his seat facing sea .
wildly waving arms and storm o
cheers,
Congressman Gaines of Tennessee
assumed the craftsmanship and intro
duc,d James H. Raymond of Chicago
} who spoke on Patents and Monopolies
, The surprise of the day was WHIT
: Bourke Cochran arose ana said he jus
wanted few minutes to speak. 1t wa
believed that he wanted TO reply t
Bryan. When he said he indorse
Bryan's views, there was another az
plsuse equal to that given any speaker
The night session closed the confer
ence. The sentiment created by ii
! conference shows the people are advers
to trusts. still there were no rigid res,
, lutions adopted.
Nina t.ndnrd paraaouted