The Caucasian. (Clinton, N.C.) 188?-1913, 1899-09-21
Great Leader Denounces the Trust
System.
IHe STATE AND NATION
shGu'd Unite 10 Make These Comb.natior<
impossible. Enthusiastic Listeners, and
Great Applause.

DouFhe cochran on the trust question.
Mr.. Eryan WAS introduced by Gov
ernor Stanley. Of Kansas, who acted as
chiifhlan OF The opening session. Wild
applause greeted :ne Nebraskan. W.
Bourke Cochran listened intentlv and
1c-ned frequently in THE applause Mr..
Bryan spoke in part as fellows:
Within two years more t:uets have
been oTgsr.ized than in Jle previous
history of the country and the peopie
row come face to face with this uues-
ton:
rs the trust blessing or a curseo
II curse what remedy can be applied
to the curse?
Monopoly in private hands is in
defensible from any standpoint and in
tolerable. | do not divide monopolies
There can be no coed monopoly in
private hands until the Almighty sends
US angels to preside over us.
There may be a degpot who is be-
ter tnan another despot, but there is
Nc good despotism. The defence Of
ground that if you will allow people %
control the market and fix the price
they Will be good to the people who
purchase of them. The entire defense
| OF the trusts rests upc1 a nacney argu-
ment. If the trusts Will sell an article
for dollar less than the article will
| cost under other conditions, then in the
| opinion Of some that proves trust 10
be a good thing. In the first place l
dely that under monopoly the price
! will be reduced. In the second place,
| if under a monopoly the price is re-
duced, tle objections to monopoly
from other standpoint5 far outweigh
the financial advantage that the trust
would bring. But | protest against set
| tling every question upon the dollar
| argument.
In the early yea.c of Lincoin's ad-
ministratiCn he sent a messae to Con-
| gress, warning his countrymen against
| ,'le approach OF monarchy. He said he
| saw in .he attempt 20 put capital even
| upon equal footing with labor in the
| structure Of government, the approach
OF monarchy. Lincoln was right.
| Whenever you put capital upon an
| equal footing with labor, Or above Ia
| Dor in the structure CT government
| yen ere On the road to aid a government
| tina; rests nc. Oh reason, but on force.
Nothing IS moe important than
| that We shall, in the beginning rightly
understand the relation between mon
ey and man.
Man is the creature Of God and
money is the servant of man, and I
protest against all theories that en-
throne money and debase mankind.
eff you will go about the country
you will see where people have sub
scribed money to establish enterpris IS,
and where those enterprises, having
| come under tle control of the trusts
have been closed up and stand new As
silent monuments 20 the SOdom CT the
truss. system. In any case Of local
strikes and fires, the work goes on
elsewhere, thus preventing serious
loss.
when a br-ncl CT industry is found
in the Jhands Of ore CT the great mo-
nopolies SO that every skilled man
must 20 to one man for employment.
the one man fixes the wages as he
| phases and the laboring men will then
share the suffering Of the man who
sells the raw ma .eTial.
''I want to warn you that when the
mC2.cpoly lbs absolute control, brains
} will be a. a discount. We have not yet
had taste Of a complete trust. But
when t1e trua, has rid itself OF all com
| peti;crs what is going TO be the result
NV friends, all you have to know il
human nature. Gcd made man sell
fish.
'On the farm We used to protect
, property from the hogs by putting
rings in their noses. Why? So tha
while they were getting fat.they wou,t
not destroy more than they were
worth.
lone of the great purposes cf gov
ernrent is to put rings in the nose;
of hogs. If I were going to try TO fine
the root of the monopoly evil, l woui(
= 60 back to the Rible for All explana
, ton, and would find it in the declara
, tion that the love of money is the roo
of all evil.
Failing prices, caused by a risins
dollar and the high tariff, have con
tributed to the desire to secure tht
fruits of the monopoly.
Some have suggested that to PIT
> everything On the free list that trust
make would destroy the trusts. bu
1 do not believe that you could destrU.
all trusts by putting all trust-mad
articles on the free list because if al
article can be produced in this countr,
as cheaply as it can be produoe'
abroad, then the trust could exist with
! out the benefit of any tariff at al
though it could not extort so much. w
4 cannot destroy monopoly until we ia,
. the axe at the root of the tree an
make monopoly impossible by law.
DISCRIMINATION by railroads has ala
: ed trusts. That can be remedied b.
, laws which will place producers OF
| equal footing. But the remedy mus
be complete enough to prevent the or
ganization of a monopoly. We diffe
, more in remedy than we do in OIL
, opinion of the trust. Few people vii
i | defend the trust as q principle. AS t
q the remedy both State and natio
should concur as TO these remedies. /
the first place every State has or shou