The sun., 1900-11-02
INDUSTRIAL COMBINATIONS.

Extracts From the Address by
Charles II. Flint 10 the Illinois
Manufacturers Association Oct. 8,
1900.
\ combination of labor is n trades
union, combination Of intelligence
university. combination Of money a
bank; an industrial combination is
combination Of labor, intelligence and
money.
In studying the evolution of indus
trial life we find that combination is
coincident with civilization. Savages
have little power to combine, because
combination depends on trust in our
fellow man, and in primitive life it is
fear that rules.
One of the first steps In industrial
evolution was to subdivide production
into trades. Each did what he could
do best, settling accounts by an ex-
change of products. Later those en-
gagged in the same trade formed part
nerships, then corporations and finally
consultations of corporations.
Against this march of industrial
progress there has always been oppOSi
tion. There have always been those
who. appealing to special interests, TO
| the unsuccessful the diScontcntcd and
the misinformed, have endcavored to
obtain political favor by opposing prog
! ress. by endeayoring to prevent the
natural and mutually beneficial co-op-
GRAFTON between capital ana labor.
I Iii this great territory Of ours we al
ways have With us those who try to
make people believe that their siding
is the main track. We have had the
"Enow N1tls@" craze, tie "tirrcn-
back" craze. the "Granger" craze aud
4 the silver craze, but they We're all rc-
4 iactcd by the good sense Of the Alnpri-
can people Today our farmers rccog
niZo that the markets of the world
hare been opened to them through the
great systems Of railways which have
resulted In the heavy steel rail. the 80
ton locomotive ana the continuous haul.
Economically the wEeaticlds Of Da-
kOta are ncnrer to London ANA Paris
than the farms of Yorkshire and Bur-
gundy.
The men Of sound Judgment, leaders
| III tlt lII'liISil W al lOl lllt oulIl
acy of the american farmer, the Amer
lean manufactures and the American
wage Garner, should not be disturbed
by the clamor of those who are not in
the struggle and therefore cannCt ap-
preciate the actual conditions and
whose leadership, If accepted, owing TO
their ineXperienee, would conduct us to
| inevitable disaster
Centralized manufacture permits the
highest development of special machin-
cry and processes. The factory run
ming full time on large volume reduces
1.-THE percentage of overhead charges.
GDirect sales on large scale minimize
the cost of distribution Capitalization
of manufacture and distribution reduce
aggregate stocks and therefore save
shop Wear, storage. insurance and in
trrcst. Consolidated management TO-
suits IN fixing the standards Of quality,
the best standards being adopted; in
avoiding waste and financial cmbar-
rassmctt through ovcrproductiun IN
less loss 10y bad debts through com
parisons ot credit and II securing the
advantages uf comparative accounting
and comparative administration.
IudiHriul evolution which Is as In.
eyi,aue and as una!P.ahir us The law
VI @Gavitntion, has Nttaiugd it's us !ri
highest dcyclGpmont hpvr iu tha l'3ltad
Siatcs. Every uapr@nllieca iaaA uaai
/ recognize itS adNauta2gS due that II j.
hcaatlsu ~ tAcm that vrair taking 81
Important Il position III me- Wurll'>
markets, increasing our i;ain!nlwealth
fUnhrrin@ tha welfare and increasing
the prosperity Of our people
The tendency is today 10 4 minimum
s of profits and to a uaXimum of wages.
When profits become abnormal, they
invite competition and aFr Immediately
reduced, in which case the consumer i,
benefited solely. If they are not sutfi
ciently abnormal to invite competition
: then labor demands a larger share o
the profit in the form sf increased
9 wages, and it is either voluntarily OF
: necessarily agreed to, in wfrh cast
e the body of wage earners reap the ad
: vantage. The wage carriers of tn,
United States are today enjoying ;
higher standard of living and large
measure of well being than wage earn
ers have ever before enjoyed in the his
! tory of the world. They are the retl
9 money power. The railroad manager
have rails and rolling stock. the mine
q has mines, the manufacturer i. hn
: bricks mortar and machinery. an,
il most of them have debts, and many ar
mortgaged to the banks for savings
but The wage earncrs In the Unite,
States lave on deposit in cash iii til
y savings banks. subject to call, $500
l. 100000.
Bryan MS "a Prophet.
u In 1896 WilliHm J Bryan. then. n,
ID nov. candidate for president, mad,
is the following publc statement.
Is Ii Mckinley and The Republican lart, ara suc
ce'stEl am at IN i w'r TOR the sieNt flur War,
Rases wis w. doorta,ei hard time, viii come ut
N Fhn " a oyrr the llu. the price Of wheat ysI (.
la Itr.f fa af.- .l l. ttt.trf