The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-09-17

question. II = trust = bJ0nsng - cure?
II curse. what remedy can be applied
20 cure the curser
II want to start with the declaration
fcuaibie from any standpoint and In intoi-
efAbie. The entire defense Of trusts rests
upon the money argument II trusts VIII
sell an article for q dollar less th&n tns
articis viii cost un1er other conditions,
then. fn the opiaion at soma, that proves
the trust 10 b coed thing. In tho nfsf
place. deny that under monopoly the
price VIII be reduced. In the second
place. X under monopoly price - re-
dnced, the objections TO monopoly from
other stAndpoints far outweigh the IMAM
ctAi advantage that the trust wouia
bring.
Talks On Dscsepoltes.
Continuing, Bryan said. whenever you
put capital on an equal footing with labor
or above labor In the structure Of the gov
eminent. you are on the road 70 aioih8
government that rests, not upon reason,
but upou force TIE hrst advantage OF
moncpoly," said Mr.. Bryan is to lower
the price OF the raw material fsrnisnen oy
the people TO that combination Inc next
thing u, after they have bought up All inc
factories, to close part Of them and turn
out Of their employment the men VINO are
engaged Ia them. In case Of local strikes
ard fires. the work goes elsewhere, pre-
venting serious loss.
ssyvhas does IL mean. IL means II people
employed In one factory are mot satisned
with the terms nxed by their employers
ard strike. the factory can close down and
let the employees stsrve. while other fac
tories 60 On wiihou; icsa to the mannfac-
turers.
.when monopoly has absolute control.
brains win be at Discount. and relatives
will bA necessary to ali these positions.
What n the first thing 70 be expected
Of . trust? That II WI cut dOwn ex-
penses What In the second? That u Will
iaise prices We have not had In this
country yet taste OF q complete trust.
complete monopoly. and We cannot tell
what viii be the result Of complete nonop-
oily by looking At the results that have foi-
lowed the attempt 10 secure . monopoly.
bscauss monopoly has been lowering prices
In order 10 ria ttNen Of competitors But
when II has rid Itself Of competitors, what
q going b be the RESULT Ny friends. all
yosi have to know Ia human nature. God
made man selfish. 6einshuses II maSely
the oufsrowth Of the instinct Of stlf-pres-
arvation II In the abnormal dsvsiopmens
II mania desire 10 protect himself.
I'VE must recognise selfishnsss and We
must % make our laws that people shall
rights Of others In their efforts TO secure
advantages for themselves. believe
that socisty IL interested IN the independ-
ence OF every citizen. Hociety IL inter-
ested In this because II a man dies and
leaves no provision fer his wife and chill
dren the burden falls upon society. I
bslievs that the principle Of Wonopoly
finds its inspiration In the desire Of men
20 secure by monopoly what they cannot
t. Hn AafA ~
TasiA Aids TYusts.
Another thing that. to my Judgment.
has aided monopoly r. high tariff No
BODY can dispute that . tariff Law. Inn
port duty. enables trust to charge for
its product the price Of = similar foreign
product. plus the tarin.
''Now some have suggested that to put
everything on the free list that trusts
make would destroy thS trusts. do
not agree with this statement. ~ II In
high tariff has aided the trust 10 collect
more than the trust otherwise sopid
collect.
nut I 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 bs
produced In this country as cheapiy as
Il can b produced abroad. the trust
could exist without the benefit OF any
tari6 ut oil. although II could not cxtort
40 much ~ II could with the tariff, and
while some relief may come with modif-
cations of the tariff. we cannot destroy
monopoly until We lay the az at the
root Of the tree and make monopoly I'm
possible by law.
RaSarosa Discriminatlons.
'1t has bean suggested that discrimina.
tiou by railroads has aided the trusts
There IL no question that discriminA-
ton and favoritism secured BY ono cor
porstion against another has been large
~ instrumental In enabling a desired
monopoly TO become practically a COM
piete monopoly. Now. thar can be reme-
died by laws that will prevent this dis
elimination. md when We prevent the
discrimination still monopoly may exist.
suggestions a. - Remedies.
The remedy must he complete enough
10 prevent the organisation Of 4 monopoly
Now. what can be done to prevent thisY
We have = state government ana a Fad
erA government. and while shss dual form
a government has It's advantages. bath
the state and Federal shouid have concur
rent remedies In the first place every
state has or should have the right TO create
any private corporation which. In the ,tis-
lice OF the people OF the state. IL con.
dncive to tia welfare OF the people ~ that
state. l bellows that we can safely intrus.
TO tho people os state the settlement OF
= question which concerns them II they
create corporation and Is becomes de-
struetive OF their best Interests they can
destroy that eoyposati and We can safe
.y trust them both ~ create and 10 an
initiate. X conditions make snnlhyaticu
necessary. In the second place. the state
has or should have the right 10 prohfns,
any foreign corporation from dosng huss-
ness in the state. and II ought 10 have. or
has. the night 10 impose such restrictions
and limitations as the people 81 the state
may think necessary upon any foreign cor
poration doing business IN the state
~ believe. tn addition 10 a state remedy.
there must be Federal remedy, ard be-
Have thar congress has TIE power 70 place
such restrictions ana limitations. even 20
the rcsnt 81 prevention upAn AIRY corpora
ton organized IN orc state that wants to
do business outside % the state
Now I believe that these concurren,
remedies Will reach the dlrsrns.y. that
people os every state shall nrss decide
whether they want 70 create a eorrrvs,ter.
M ~ h.st