The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-09-16

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the SOU5ss b ,re .upUG.e 9Ss,
OF great moment TO 7O0O0.O00 OF people cheap
hs SSs o. aid tSToW meS o
employment. would You hold back tho general
6 DC Il o4 e su Me SS % az L
p 900 Dc it tpT 40 099 ghy ssculSP
hold back the entire, car OF human progress
until every human being can, get aboard. al
its speed from the rate Of the lightning eI press
TO- that OF the lum boring OK wagon.
warfare in the sense OF being destructive.
az fh. MSos Q, s event Of ToSe
6n THAI %hch I. o1 and sSe
ana dominate. re o;st. III. other sap;rsedss
And dominates the baser: Il not the base,t
largely strangers to one another. a few indi.
action Of tie convention threw it over to free
compotiittton. ANDY yo,nng man ID the
shouting. excited delegates and into Lead
%cnG a Ths G:ny shss sss r,a IN
sss Ssss man sssilpsd, hsS ma:
he would never have been able to get on
The Compliment to Mr., Bryan. who was in
the audience. was greeted with applause and
Mr.. Cochran discussed the law governing
trolls the rate In the !aborer's waResIs the vol
Of ea bit anS crpS
bstwesP sborsr and capital Il takes 81 th to
| you can ssnd ten millions OF dollars from chi
caao e Hong Kong for postage stamp He
Il know OF no sign upon the horizon 50 por-
tentous or SO ominous as the strike Il 10 the
e ti IN INVASION or civil war Against foreign
aggression We can build fortresses. and behind
work q WRsrs
the country is torn and rent by civil disturb
r6 there j to sSs whfFs s as
ssters OF war have some com ions,
because others who are compelled to
mutual interest by the necessity of repairing
them. But the strike attacks Us. not without
that .corrodes our vltals. This one danger
which springs from the very prosperity which
IND n sye agd 5 Il sesa
OF bad temper and bad manners rather than
an irreeoncilable set of difficulties Immense
public discussion: IL the employer and the en-
son they cannot quarrel, The best way to de-
feat an unreasopable demand is merely to
the ssapon o, The '0f .triEer a pub:
lic. opinion. Compel him. then. to state
s0F' that shs be not snH
public opinion. Il the enterprise disturbs the
public comfort then they talk about BOYCOTT
weapon or it may be a bad one. but certain tbs
it depends upon the pu bio opinion for its eff
Unanimous in support Of the boycottsrs. no
BOYCOTT could be enforced.
THE way to suppress boycott. the way to
auDDrpaS all theae lab uiStur Dances. tB to in
sist upon discussion. And II these great en-
ployers OF labor; these great oorporati9ns ex.
an example. the results will be so benefcient
that all other employers of labor will be eager
In his peroration. Mr.. Cochran spoke elo-
sSsnty Of HE pGssDert' which the
en'fBh But out ' q Ri. very prosperity it ha.
created mi: difficulty with which we ware are
to III. Tns '@S' n1f
a crust, OF bread as the reward for hls
labor. to escape the lash; But the
Heaven we have turned away from the quss-
to Internal conditions and domestic prosperity
| do not fear the spectre OF socialism or any
dsy eis t tbs AZ o %Seh Ns have
achieved a splendid progress;
"Co-operatien is the, remedy for the threat.
ennR owls. We are told to-day that this closer
have no fear Of that word. II the greater de-
brings him so far that he will work as we'll for
the common good as he would for his own
try as we have had. socialism would not right
en- me: for my friends. belive that we are all
bound together by one common tie in common
should extend that principle into our industrial
system. for i is that which underlies t."
ing was, Edward Rosswater of Omaha
who said that the deusiye theory, that
will itself, and at the worst
Germs only the stock spscuiater who
ss k Of
called ''industrials" are on the market
place them in banks as collateral Tor loans
on the balloon plan. The natural and inevta-
BILE outcome in case of money stringency or
panic is shrinkage and collapse of the concerns
Banks rarely loan their own money but that
q their dePoslt1rs, and when the banks 20 to
volvsd in wreck and ruin. This means de-
structon Of confidence and widespread dis:
ndasty Frsuduen sts CAPITALIZATION is se mors
over not merely monecr to the yellheing OF
the present generation but also endangers the
futures OF generations yet unborn
SOCIALIST AND LABOR VIEWS OF TRUSTS.
The first speaker q the morning session was
LosIs PGst P 81 tho sro5a Single Tag
competitive businesses. These. he said. would
be beneficial. but they do not exist.
The real trusts rest upon monopoly" said
Mr.. Post. The trust question ID at bottom
the monopoly question. Trusts are strength
ened by protection or have direct special priv
ileges, like always or peculiar land advan-
tages In the last analysis trusts cannot be
perpetuated unless they come to own tho
natural sources Of supply and distribution
ground. And It is only by forcing therfes or
tho ground that we can destroy them.
Abolish the tariff, abolish all monopolies
that can be abolished, take public highways
for public use and col sct from landowners the
annual value OF their special advantages-do
that and you put an end to the trust. You can
not do it in any other way"
The well-known Socialist Thomas j. Nor
gan spoke as follows:
We see from the socialistic view. not the
that nation, OF this or that particular race. but
We see the interests OF the whole human race,
as 1t Is involved in the development OF
modern industry and modern. commerce.
We welcome the appearance Of the trust as
one Of the natural, and inevitable products Of
our industrial and commercial system. Jap
plause. The trust Is the legitimate result OF
capital and were il not for the ser,ousness OF
the problem We should be more than amused
at tho efforts that arc made to check the
II