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


possess grave. doubts as 70 whether they will.
successfully meet great Issue when they
M. N. Garland. former President Of the
Amalgated Association Of Iron. Steel and Tin
| Work eE, spoke AS follows:
"rhaf In this country trust should long
maintain an unnatural or inordinate price for
Tor not d. alone e' would other capital interest
itself in the consumption OF. products and
competitor. but the facts remain that there 10
| not an article produced in these modern times
ana ad he "sS as san rule viii not vary
Within e sS.S n:sd T r acton sosS SsoS Ss
mbers to the nations household or wheths,T,
releRate them to OBLIVION"
John W: Hayes. General Secretary of the
for purely selfish objects. attacks the .indiyid-
seizes upon his field oil. opportunity and pro:
SS ne r h. Geld beer 4. sasss
looks for naassts in allied fields. Wiloh are
seene ts Se '6
attempt. enter upon the came campaign OF
V whetmed and every feid Of production is
| monopolized BY a trust,
the best interests OF society and destructive OF
t.n tss ed o
ton. bribery and treason, It is the ally q
despotism. tyranny. mercenery selashness and
the race and the equality Of man" - :
President Samuel Gompers OF the american
est sufferers from the wrong which the oombi-
patiops have exsrted upon any one In society
hi. fact e we en Do not close our syes to actual
facts and conditions or join In the general howl
Elm for the q howlng IL prizes
tai have always been held responsible; Il
iae si iowsr Il tks indiSidas concsTn had
cannot be disputed. that prices continually tend
dSownward.sometimes interrupted by oom-
eauses. but USUALLY they are y temporary
TT has been said that organized labor is a
trust. and want to say In connection with this
that to our minds that is az. absolute m isno-
mer. Organized labor throws open its doors to
IN AND snare in the benes try to
by all means within our power any. one from
cannot break into trust. AS a matter OF fact.
wherever the workers are ORGANIZED and have
higher and hours lower and conditions better,
IN spite OF com bipetions OF capital; Applause
NSe do tie a i bs Rssss as
absolutely nothing to do with Il, lApplausel.
p People" D Applause SCI A % '''' NV W." >"
APPARENT AND TRUE MoNoPoIIEs.
John Bates. Clark OF Columbia University
- "Monopolies are Inherently evil. and trusts
that are true nonopoes have an evil element
in them. The evolution that !. now IN prog;
the difference between an apparent mo-
n9poly and true one Though all the goods
ssry Be- PC ss they coud HS the
Sa tSs t You'd to the Prize tie
largest profit thsy, would be true monopoists.
sns nss SsuS Ess'ssa s5 sS IN the
thus controi output and price they are not
ton, Actual trusts have only a limited mo-
nopoly price and it is q survival Of sompetition
t S not BEEN bu RP but viii be bnt prSe.
reach certain fI lsye Is TIE means can, OF prevent
is shat remark
isct that they have not raised them mn BY moro
nns monopoiies Would have added to the com;
pssitive and natnral rate. It is The petsntial
oles are AGAINST public interest and trusts
must not survive Il that means retaining the
law done e sf IN
this principle. aud statutes may help them.
Statutes t,s well enforced may greatly heI them:
'he subject when enter the realm Of proph-
ecy. and declare that strange as a, policy
surviving com petitor by the single mean s Of en-
forcing uniform prices. it is the coming policy.
o@y that is herent IN It's plan 81 produeton
will save a, It, We shall yet have more than a
matrred v hen experience sha Il be ripper the full
benefit Of competition viii be secured by the
nlaai h liz and hxyf
classes, The wastes Of the present type Of
competition will DO avoided and yet the Ero
possibility Of having trusts without true mo-
nGpGqClles will make socialism unnecessary"
Tpuss of and soms f fpSs
Rsmsdies". He declared that laws could not
b pssH up SoS s be ds the tSst on Ss
itirom forming Vast partnership 9nasr the
would involve too great a risk, or Il partner.
ships also should be unlawful there would be
o f. Saae d seoe he
proportional fraction Of the joint adventure.
%sn you snf ass your 50 That f will
small H' eafpt@ and dnH Il YOU 20 abosS n e Very
partne,rship and every union: you take away
s se INTO ShSn ss ;%A ST.
great and small aggregation ~
W. p Potter Of Philadelphia spoke about
Cooperation Rather Than Competition" He
IT is but tho statement OF a simple fact to
say that the present tendency toward com bi-
nations and cooperation is hut the reaction
from the keen and excessive eompetition Of
for Gn,., eScoperation is ,IustiiabIs or not
The demand for. commodities Of all kinds at
the present time is greatly in excess Of what It
has ever been. and II is required. too. that they
be furnished more cheaply than ever before.
Experience has shown that these demands can
be met only by the employment Of large capi-
As a matter Of fact most Of the business
eomb inations Of the day are not trusts at all.
They are simply large corporations. The So
called "anti-trust" attaets are not really az.
very few real trusts are In ,exietence In
this country The hue and cry that has been
raised IL really an attack upon large corpora
tons, II the people Of this country are deter
mined to wipe out all corporations. OF course
they can do so; Such action would be to turn
backward the hands upon the dial OF human
dustries would stop" ~
Washington GLADDEN. OF Colum hus. Ohio. In an
address on The Limit Of ,Compettion" said