Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1899-11-03
ME-. EDTTOR:-

A DEMOCRAT.
Mr.. EDToR:-
| see from your issue of last
week that the Brenaman -Bauserman
inkslingers writing over the various
letters of the alphabet are still en-
gagged in their sclf-inpOsed task q
trying, either to demonstrate their
own ignorance, or imposing upon the
imagined ignorance of the public.
In their various compositions of
last week their logic runs about this
way
Major Premise:-Everything that
has the word "trust" in it, or has any
thing to do with deed of trust, Is,
a latter day "Trust" or "lndustrial
Monopoly" A false promise.
Minor Premise:-E. d. Newman
is ssociated with a number of gentle
men of the County in the organiza-
ton of 4 little local Loan d Trust
Company. [ A true premise
Concl usion:-Therefore +. d. New
man is the first man to introduce the
much despised industrial monopoly -
INTO Shenandoah County. a false
conclusion.
BIB. Observation-Disclosures vote
against Stickley. Absurdityl
This is fiction for fact, and decel .
ton for logic, with vengeance.
These creatures Of the "office-hold-
ers' trust" ihe worst trust of them
all are either too ignorant to know
what Trust" is, or they think tie
people of Shenandoah are ignorant
enough to be deceived by them.
@ss.Out of charity for these alphabet
cal inkslingcrs, and ont OF respect for
the people of the County, l would
say that tie former hypothesis Is the
correct one.
They Git they are honest men and
not trying to deceive, evidently do
not know the difference between an
industrial monopoly, misnamed a
"trust;" and "Trust Company"
The term "trust" as now applied to
the industrial monopoly" of the pre-
sent day is a missioner.
The original application of the
term Crust" was to an agreement
between the various Independent
manufacturers OF a certain commodi-
ty, whereby the output, price &c, Of
the commodity was regulated to the
advantage OF those in the combine.
The different manufacturing con-
Germs entering into this agreement,
maintained their identity as
business concerns, the agreement
between them extending only to the
regulation of the amount and cost Of
production and price. The parties
to such an agreement were SAID to
have gone into "trust."
From familiar usage the term
"trust" has come TO be applied by
the people to the latter day "indust-
rial monopoly" which goes a bow
shot beyond the old "trust'' or agree
ment to act in concert"
These "industrlal monopolies" are
actual gigantic corporations, which
swallow up all the little concerns, and
leave but one big concern, that has no
occasion to combine with any other
concern, for it leaves nothing TO COM
bine with,
The crust" ola few years back as
stated was combination of large
number of small concerns to act in
concert. Such combines were inval-
dated by U. S. Statute. The ''indus-
trial monopoly" of today, miss-called
''trust," is an actual, existing gigan-
tic corporation that devours all the
little concerns, and thus accomplishes
all the purposes ofthe old Crust" and
more and at the same time eyades
the T.. S Statutes regulating "trnsts."
This il the kind of trust" that
Josiah Stickley and his friends in this
County are fighting, and that Martin
and his adherents the office-holders
trust of THIS State are unfolding.
On the other hand the "Trust Com
pany" such as is alluded to by the
HERALD correspondents of last week
AS having been introduced by New
man and OF ners, INTO this County, is
nothing more nor less than a banking
institution, which is so organized as
to give the people the privilege of
borrowing money at home, on longer
time, and on real estate security, at
the legal rate Of interest, which the
banks could not do because such as
sets are not sufficiently mobile for
regular banking business.
These Martin partizans are under
taking to run everything in Shenan-
doad County, willy-nilly; if their
false views, as paraded through the.
nonere are the result of their own