The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1899-09-18

God moro delicious and wholesome


must make our laws that people shall not
De permitted to trespass upon the rights
OF others In their efforts to secure advan.
tagcs for themselves. believe that sou
ciety is Interested In this because II a man
oies and leaves no provisions for his wife
and children, then the burden falls upon
society. And believe that the principle
OF monopoly finds Its inspiration in the
desire of men to secure by monopoly what
they cannot secure In the open field OF
competition.
Another thing that. to my Judgment
has aided monopoly. 10 high tariff. No
body can dispute that tariff law, an i'm
port duty, enables q trust to charge for
Its product the price Of similar foreign |
product. plus the tariff.
Tsr'6 Not Wholly Rssp"ns.bis.
Now, some have suggested that to put
everything on the free list that trusts
make, would destroy the trusts. do not
agree with this statement, as 1t is made
% broadly. believe that the high tariff
has aided the trust to collect more than
the trust could otherwise collect. But II
do not believe that you could destroy all
trusts by putting all trust made articles
on the free list
Why! Because II an article can be pro-
duced In this country as cheaply ns 1t can
be produced abroad, then the trust could
exist without the benefit Of any tariff at
al, although It could not extort SO much
- It could with tariff, and while some re
lief may come from notifications of the
the tariff, we cannot destroy monopoly
until we lay the axe ut the root Of the
tree. and make monopoly impossible BY
law.
Railroad discrimination Mr.. Bryan
placed in the same category.
Mr.. Bryan's remedy for the trust evil
10 . combination Of state and federal
legislation. He believed any state
should have the right to issue and re-
woke charters. but that congress should
cay whether or not such company
should do business outside the state
where incorporated. Continuing. Mr..
Bryan said
:, Method Of Annihilatioa.
| One method for the annihilation OF
] trusts has occurred TO me. and TO me 1t
seems complete method 1t may not
commend Itself to you 1t Is this:
That congress should pass law provid'
ing that no corporation organized In any
state should do business outside OF the
state In which It Is organized until It re-
ceivss from some power created by con-
rress license authorizing 1t to do bust
ness outside Of the state: then that license
can be granted upon conditions which
| will. In tho first place prevent the water
/ 10
nopoly in any branch Of business; and
third. provide for publicity rs to oil OF tns
transactions and business OF the corpora
tion.
A third condition, suggest that thi'
license shall not be granted until the COZ
porntion show that 1t has not hno u mo
nopoly ard IL not attempting menopois
OF any branch Of industry or any arucn
OF merchandise, and then provide tnat
the law Is violated the license can % e
vokcd.
Now. l may be mistaken, but It hn
seemed to me that this method oi deanhl
with the trusts would prove an cdcctiv'
method. do not say that there shall o
no priynte corporations but l say that
CORPORATION 10 created by law, It Is creates
for the public good, and 1t should neve
he permitted to do thing tha' 10 ~
J furious to the public good. =, :,
have faith that these questions VIII
I settled and settled right. but want
nrotest against this doctrine that u
} trust Is n natural outgrowth OF natur''
laws Its not true The trust Is IN
natural outgrowth Of unnatural coho
, lions created by man-made laws
+ You cannot hide behind the doctrin
. that II IA here and that We cannot get II,
, ~ n believe that the American poop'
can pct rid Of anything they don't wan
Q that Is not good. Y,a.
, belicye that the Declaration OF lnd'
!. nandcnce was the grandest document eve
,,onncd bv human hands The truths
( that declaration are condensed into 10"
8 great propositions: ~,
I That ali men are created equal; .hs
/. ,hev are endowed with inalicnable rign''
q thai Governments are instituted anon
n mon to preserve those rights and that go
}. ernmonts derive their just powers irol
|. tho consent Of the governed
.Snch n government is Impossible unu
Y an industrial aristocracy. Place the TOO
o and clothing, and all that We eat al
= wcnr and use In the hands OF few pc
!. Ma and instead Of being governme'
"a hv the people, It will be q governments
n .he svndicates, by the syndicates ana :
Ia .ha svndicatcs Establish such COVER
,ment. and the people will soon be powe
II loss to secure Legislative remedy ior u
- abuse ,,otod
ka +h;s nation for hope and instruction. l.
Il ma settle these questions that we have;
- us teach the world the blessing OF 6
I. srnment that comes from the people, .
NJ lat ms show them how happy and M
'. prosperous people can be. .,,,
~ AZ the conclusion the orator resum
ut h;a seat facing sea Of wildly wavi
ut ar,ns and q storm of cheers. I'M
III onarters of the audience left wnen
% % had finished.
3. IS For trade, a good residence with 9
mt h,a and large grounds. 10 this CITY,
..s ..sa. w." sor q farm. CHAs. B. KENNEDY