The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-09-21

Control Of production and distribution, over
capitalization and other evils that acoompa-
MED such combinations were bad enough. but
far worse was the effect OF the tremendous
political power welded by such combinations.
He denounced such States as Delaware and
New Jersey. which he called the breeding
ground OF trusts" He said the States must
first take steps to protect themselves from
predatory bands OF capital organized under
the laws OF such States for purposes OF plumber
in other States He described the corporation
laws OF these States. declaring that they
offered premiums for the formation oil
trusts. He told how the Standard OIL
Company controlled the oil business in
Colorado and neiehboring Btates. huying
oil at z cents and selling 1t at from
IA to 35 cents He believed the conference
should recommend the enactment OF statutes
by the States. compelling foreign corporations
to conform to the laws OF any State In which
they may wish to do business. But he believed
trusts could be suppressed only by com bned
action OF State and National Governments.
He did not believe that drastic measures would
be necessary. He believed that aroused public
sentiment would find Ito remedy. He said
that above all things the trust problem should
not be made q political issue. Politics would
make lite solution impossible. Gov sayers re-
Quested Gov. Thomas to put his views In the
form OF resolutions.
Gov. Shaw OF Iowa was then called upon.
He presented a motion that committee. con-
slsting OF tho Governors OF Missouri and Ten
pessee and the Attorney General OF Texas. be
named to formulate q bill that might be sub
mitted to the General Assemblies OF the States
represented. and which. 1t was hoped.
might be effective In curing this mon
strous evil known as the trust. He caused
somewhat Of row by saying sarcastically
that he regretted that the father OF the
conference had not been little more explicit
in his call for the conference. in stating that
besides the consideration OF the trust fsa-
ture it would resolve itself Into q political
convention. to consider ways and means to
cure those other evils OF imperialism and to
suggest the best possible method for giving
free silver to the whole country.
He remarked In sarcastic manner that he
had been highly entertained by Gov. Ste
phens's essay on the decline Of the Roman
Empire. and he said he had been much in
structed by the Governors description OF the
effective way In which the antitrust laws had
been carried out In the State OF Missouri.
especially since his attention had been called
to the fact that Gov. Stevens had made possible
the creation within his state OF one Of the
greatest street railway trusts on the American
Continent.
He was very glad to see that the conference
had begun to prepare plank for the platform
OF the next National Democratic Convention.
and he hoped their labors would be successful.
| As for himself. the pressure OF public duty
made him regretfully absent himself from the
further deliberations Of the conference. but
after his return home he would still watch
| with the greatest interest the settlement by
| tho conference OF the momentous question
| upon which II was now sitting.
| When Gov. Shaw concluded the conference
was In an uproar motion was offered and
| quickly adopted to table the resolution with
| which Gov. Shaw prefaced his remarks.
| Gov. Jones OF Arkansas was called upon and
responded to the remarks OF the Iowan. but
without naming him He deprecated any at
tempt to make partisan capital out OF this con-
ference. saying that tho monster called
trust menaosd every man. whether he be
a Republican. a Populist or a Demo-
crat He said there should be no jif-
| ference OF opinion on this question. II was
| not time for levity. for sarcasm or Cor irony.
| but a time for serious conside ration. saying
| II we have built up corporations through the
fundamentally OF our form OF government it
| is time to shear them OF power. even to de-
stroyns them"
Attorney Generals Grove OF Missouri Taylor
OF Indiana. Nolan OF Montana. Oren Of Michi-
Ean and Smith OF Texas followed. at the con-
clusIon OF which recess was taken till $3.50
O'Clock. whom Gov. Plngree OF Michigan ad-
dressed the delegates
At the conclusion OF Gov. Pingree's address
Mr.. hcClurg OF Mississippi submitted a series
of resolutions looking to the regulation oil
trusts. which were referred to q committee.
and the conference adjourned till $3.50 O'Clock
Tomorrow morning.
Late tonight the Committee on Resolutions
agreed to report the resolution submitted by
Attorney-General Smith. OF Texas. back to the
conference with the recommendation that II
be adopted as the sense 81 the meeting.
! Governors Shaw of Iowa and Thomas al
Colorado and Attorney General TAYLOR OF In
diana. started for homo tonight Gov Pin
gree Of Michigan will be the soe Republican
participating. now that Shaw has returned
| home.