Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-09-21


which I have the honor to be the chief
executive; but I'm not so confident thar
I'm statesman enough to draft bill
which will compel their everlasting exit
providing they are determined to stay.
II the committee when appointed shall
draft a bill which seems to me compre-
hensive and effective will very gladly
recommend 1t, for ] desire here and now
to say have no sympathy with any
combination OF capital which results in
a monopoly. desire that the governor
Of Missouri shall serve upon this COM
mittee for the reason that he reports
the statute of his state adequate to
meet the demands OF the hour; and
hope IL he shall consider it essential
to this end, that he incorporate the law
recently approved by him, which IL
may trust the verbal testimony Of the
citizens OF his state permitted compe-
ting lines OF street railways in this
city to combine. And desire that
the governor OF Tennessee may serve
on this committee for, in private con-
versation, he advised me with evident
pride thought that very extensive
deposits Of phosphate had been discov-
cred in his state from which great
fortunes are now being made and he
reported that many of the producers of
phosphate had been thereby driven
from the market. desire him to in
corporate in the bill If he shall deem 1t
advisable such provision as will pro-
hibit capitalist OF Tennessee from mo-
nopolizing the phosphate business. 1t
will be necessary to direct the proposed
bill with great accuracy and like the
an hun tn CO oiy fO 1,if
IL it be deer and miss IL 1T be calf.
The remedy suggested by implication
in the two speeches in the forenoon
session, that Of the repeal OF all tariff
provisions and through the free coin
age of silver, would in my opinion, ef-
fectually break the back OF every trust
in the United States. 1t would accom-
plish this much in the same way that
the fire in a wheat field temporarily de-
stroys the Canada thistles. but have
learned from observation that these
pests will spring up again as soon as
the conditions are favorable to the
growth of another crop of wheat
Governor Daniel w. Jones, OF Arkan-
sas, in vigorous terms scored Governor
Shaw for his facetiousness, saying this
was no time or place for remarks not
tending to the furtherance OF business
before the conference. He then made
speech against THE Monsters" as
he termed trusts, he having felt their
power among his people. In his opin-
ion the trusts should be annihilated
Jones was followed by Attorney Gen
eral Edward c. Grow, OF Missouri, who
favored the enacting Of a law in every
state SO that when the trusts are or
ganized the equality of the law shall
prevail Attorney Generals Taylor Of
| Indiana, Nolan of Montana, Orch of
Michigan and Smith OF Texas also
| spoke.
On reassembling Mcmillan presented
4 the report of the committee on resolu-
| tions. In lieu of numerous papers and
resolutions submitted the committee
submitted set of resolutions, which
were adopted, that in a general way fol-
low the plan of dealing with the trusts
loutlined in Bryan's Chicago speech be-
fore the antitrust conference there.
| The report suggests the enactment
and enforcement by both state and ma
ton of legislation defining as a crime
any attempt at monopolization or re-
straint of trade in any line of indus
| trial activity. State legislation for con-
troll and regulation of corporations
chartered by the state. Prevention of
the entrance of any foreign-created cor
| poration into any state for any other
purpose than interstate commerce, ex-
| lcept on terms that will put it on ba-
sis of equality with domestic corpora
tions of the state entered. No corpora
ton shall be formed in whole or in part
by any corporation. No corporation
shall own or hold stock In another cor
poration engaged in similar or COM
lpetitive business.
Eight states only were represented
when the vote was taken. Governors
Shaw, of Iowa. and Thomas, of Colo
rado, and Attorney General Taylor, of
Indiana, went home last night.
| Adjourned sine die.