The Farmington times. [volume] (Farmington, Mo.) 1874-1902, 1899-09-28

RfstoeA~HN"F.
ID would ts best for individuals 10 swA
0ssAsDem4 rather titfsn the trusts.
Asa.y .~sEcn. Mas<n ~ aszss@Rs.
Atty. ..alma Msian Of Montaaa said he
woaiA anaihllnks truasa ~ he enuad, Their
suGesss Eaeaaa ths sxtinK Kaisnnszni ~ 80 ~
eYs and employees solely ana tho te3ifue'
ton of ths rnixdie eias@Ne
Ass'y.-ssem. 0sem Of Ms~af@mn.
Atty,.elen. oren Of Mirhigsn explained
the corporation Laws OF that state ~ enn-
s,as. sas asnssnm Il H. hs rsepnsra saassriai css %
f0Tmtae.ns. even ~ the extent ef allow.
Ing thnm "a pay q ep@etne TAN Ia psSse ~
an actual psoHarsg.yaiac tns. sna snsn M
protection from being apgorbed w for-
aign corporations desiring 10 do BUSINESS
OUTSIDE ~ the states wneFs tbsy wsf8
Incorporated 20 pay q corporation tas ea
the fuii aznaunt Of thsir capital
Asfsy.-ssen. SAITH ST Texas.
Atty..den. Smith Of TEXAS said that
there waS nothing political about sne sons
ference, and ffe waa sorry any Thought ~
goluE hona berarS hs work was cen'
Z cluded. He thsp discussed uniform cer.
( pors gian laws and favored peisey wh.sn M
| would compel EVERY corporation aosnk
I business Ia q state 20 have hanA nae
Gtt8er there Tar the Transaction st n'i@f
/ uesa
waa taken, after the cahfeFenes had Ae@
cep4eu an Invitation lendsFsd BY wx-Ns0ys
/ Fenxniz on behalf 0i the CcuatEy esuD %
/ dtne With the club rnsfan~FS Shur~a@F
/ evening
Gsv. rinares'e speech.
After GOV. Raysft called che eysasn9
/ session 40 order, at s:A. he sntseaarAa
GOV Pingree OF Michigan ~ the speaker
/ OF the evening. Gov ptngree aeitvefeu >
I speevh which he read from tnannssfips;
Hts sddrura was, IN the main, review ~
/ the work Of the Chicago conterenes. ~
! which the speaker took occasion 20 Fspls
! 10 Baurka Cochran. whofa ne styles tha
/ defender % trusts he aAid ID pSss, ss,,s,
| wAs abby and nkilhuliY dsfenaea ~
I learned lawyers and representatives ot iss
1 interest IKE Cochran. and was as MnsF
l Affaicnea BY equally eminent Representa-
/ tiyca 0f the interests Of the people IKE
/ William j Bryan. The sp@eehca of Bryan
/ and Cochran represented, respectively, tns
| indictment and defcnse Of the trusts,
| Cochran said the trust was the natural
| evolution of forces that could not he e0n-
| trolied nor checked. Bryan aeet@rsa the
l trust was the result of cot uohsohs nsas
l BIZ man. and. aH such, could he checked
ana controlled by buman agency. Soch-
1 ran placed the dollar above man, bfyah
/ the man above the doilAr Cochran repre-
! seuted seihHh Interests. Bryan the human
I tartan.
The trust h a monster II has no con
Z cienes. There are no good trusts. hn-
/ man nature makes such thing fiureesa"
Bile. Ths trust wiz not better the ceha.,
/ ton Of the pcnpie, nor raise waFea, uutii
| compelled TO do ~, and u can not pc Gem
| psiled because u ~ monopoly. The trust
concentrates wealth. on tho other hand.
II destroyss the equality OF opportunity,
Prevent monopoly. and the trast viii
| die a natural death.
"our FIRST duty Is 10 30 arrange matters
| that the attention Of congress can ne
! called to this evil IN such way that II
| VIII enact a suitable law TO destroy II.
After the resoluiian waa read n was re-
icrrcd By the chairman TO the commit
/ toe.
Chairman sayerr. upon motion. ad-
lourncd the meeting until Thursday morn
! iug nt nine O'Clock
Monroe HcCiuFE'M R~noiation.
At the conclusion OF Gov. PiHaree's
speech which ELECTED frequent applause.
I Monroe McCiurw. candidate for attorney
general of MisHissippi. introduced a res0-
luton designed as suggestion TO the at
tcrneys general Of the states as 10 NE
/ method OF drafting comprehensive and
araAtic measure which would accomplish
! the result desired, Of destroying the trusts
1 ROW IN existence and pFWcludtnE the poA
I slbiiity of their formation IN future.
Gov. Thomas Of Colors do reese TO Q
| question Of personal privilege, lie SAID
| that a number at the representatives to
the conference. including h'mself, were
compelled TO leave the city at night on
business af Importance The afternoon
papers had intinasted. he said that the De-
Tssrtur~ Of thsse representatives, wss dae
10 some unpirasaHtnesa which had arisen
because OF certain u;tsraness by speahsfs
sfurtng the day, re de#lred 10 say, on be-
half Of himself and the other departing
| guests, that there was not the siishtsts
ground for such a statement
81. Louis, Sept. 20. AT the adjourned
session Of the conference of governors
and attorney generals, ths COMMITTEES
ON resolutions made the following re-
port. which. with q supplement by At
t'y.-Gen. Smith Of Texas, and Atty
Gen. Crow OF Missouri, was unanimous
~ adopted:
THE committee ou resolutions, to
which was referred several Tesolu-
tlons and papers, submit the following,
with the recommendation that II be
adopted by this conference;
That We believe the best present avail
nhie remedies lie along the following
lines:
Il. The enactment and enforcement beth
BY the several states and the nation OF
legislation that shall adequately and fully
define as crimes any manipulation or re,
straint Of trade tn any line Of industrial
activity, with provisions for adequate
punishment. both OF the Individual or the
corporation. that shall be found guilty
thereof; punishmenl 20 The corporation
TO the extent of its dissolution.
| = The enactment by each OF the states
Of the Unlon Of legislation for the ade-
qnsts and proper control and regulation
| OF corporations chartered by that state,
aad We recommend as eiflcactaeH a syH-
tenn OF reports To and examination BY
state authority uf the corporations or
Elnised pnder its laws, 60 the end that
| they b. brought 10 a fair observance OF
The laws under which they are created.
| - The enactment by each stats Of laws
thnt will prevent the eatranee Of any fer
for amy other purposes that Interstate
| commerce, except on terms that will pui
The faFeiEa-cfeatsd corporation on bsats
| OF equality with the domestie-creaied ecr-
porasiaa Of the state entered, and rubiees
| TO the same iawK. rules and regulations
| OF the state that II enters, which are APP
piisahle 10 tho domestic corporations oi
| that state. and to this end we recommend
LEGISLATION that would make u mandatory
| upon corporations seeking 20 engage III
bisineNs outside the state Of their cfea
tion that they procure licenses from the
| foreign state as u condition precedent IL
their entry into such HtHte; such teense
| 10 be granted oa Eaeh terms, and subject
TO such FeNtFscstoHs AZ win place the cor
| pcFHtlon subject 10 the same eeEIsruI, In.
speetton. supervision and regulation A. the
domestic corporation OF that state, ans
suJeet to he rev0cabie II the conditions
thereof arV violated.
"a. That enactment of state fegisiafior
declaring that corporation created tr
one state to do business exclusively In
other states Than where created shall bs
prohibited from admission into any state
This proposition II supported by dec.
slona OF the supreme courts of savern
states. but Nc believe II should bncGfns
legislative enactment, uniform through
cut thr states
- That no corporation should bs
. formed n whole or III part BY saethe'
corporation.
"a Tha; no corporation shall own el
hold any stock In aRufher corporation en-
ghged In a similar or eprsPettIiye h&s4s
, meas, and that no officer or director Of
corporation EhaH be the officer ar al
rector or the owner of ss0ek In anethe
corporation engaged in similar OF Gem
/. fetiiive business. thH ahjsef or result a
! which IN 10 create a trust or zsanopniy.
q. Recognizing that trusts afs usuail,
| roHsnoesd Of corporations. 3fsa fhnt cor
tnra tinus are bat creatures Of the law
| and rau only exist In fhe kiace af thai
| creation. ana ean moi migrate TO annfh~
| sovereignty, and that this consent fnax N
! | withheld when deazre6. wr recunmenG Il
4 the afnse of this conference that earl
| state pass laws. s~ovininG thar no cor
, isorattnn which h "a EazsFsf.rs af uny poo
| or II uat ist that state or elsewhere eais di
business In that state.
! "Thairns#n Committee ON Rssolntfons.
Gov. McMiilin proceeded to discus
the report Of thr uammIttee. hut We
! interrupted hy Att'y.-0<n. Smith o
.. Texas. WIN presenf6<i IT, felIcwiul