The times. [volume] (Washington [D.C.]) 1897-1901, 1900-06-02

when the moral regeneration of mankind
can be accomplished by legislation.
"A Bible class and Committee of Ways
and Means have few points OF resem-
blance."
THE legislative oath of office actually
performs no supernatural unction confers
no mantle of wisdom or prophecy. although
some gentlemen seem to suspect this OF
themselves
Regarding trusts and demagogry Mr.
Hamilton said:
The modern incorporated trust is a de-
velopment of commercial evolution. To
say that trusts are due to party is cheap
est demagogism. However. there is seldom
an important phase OF national existence
that is not taken advantage of by dema-
gcgues as a means of getting themselves
elected to Office. When bankruptcy sits
on the ledger of business failure and the
receiver is buster than the promoter.
money is hidden away in fear. builds up
no enterprise, and employs no labor.
When business booms. banks are burdened
with deposits. and money is seeking in
vestment. times are good for everybody.
IF good for individuals they are good
for combinations of individuals. 1t would
be singular sort OF political economy that
would prevent everybody from making a
living in order to prevent a few from
getting rich. The trust belongs to group
of modern phenomena. 1t is one of the
most conspicuous results OF a strong
modern tendency to Capitalization"
From a review of the law relating to
monopoly in trade, Mr. Hamilton con-
cluded:
l. The State cannot control: (al Be-
cause of lack of unanimty. tb) Because
even if agreement were possible the Fed
eral Constitution restricts them. tc) Even
If this restriction was removed the States
would still be confronted by inability to
agree.
2. The Federal Government cannot con-
troll by interference with matters which
belong TO State control under present law.
8. Therefore, inasmuch as trade con-
stantly flows beyond State boundaries,
there ought to be a Federal law for the
formation and control of industrial cor
them always and everywhere. To this end
an amendment to the Federal Constitu-
tion is necessary.
Duty of Republicans.
Mr.. Newlands said that the Republican
party naturally under existing conditions,
was charged with the duty of framing the
pending amendment, and he would support
it, because he did not feel like assuming
the responsibility of depriving the States
of the powe- it would give them. He IA
vored the amendments proposed by the
Committee on the Judiciary because they
tended 10 enlarge the powers TO deal with
trusts.
Mr.. Thayer followed Mr.. Newlands with
denunciation of the conduct of the Re-
publican party toward the trusts, saying
it had always favored and protected them.
H.. IL l,,l. .safpy M
shroud, from the cradle TO the grave, ev-
erybody paid taxes on everything they pro-
duced to the gigantic trusts and monopo-
lies. The pending resolution, he said.
amused the Republicans and would not
harm the people. IApplause.l
Mr. Grosvenor again denied the Demo-
cratic assertion that because MIR. Monett of
Ohio was not renominated third time for
Attorney General when the uIwritten po-
litical law is that a man shall serve but
two terms, the Republican party Of Ohio
was in favor OF trusts.
Mr.. Reeves advocated the passage of the
joint resolution and then Mr.. Lentz replied
TO MIR. Grosyenor's statement. which he
characterized as his third apology for the
treatment given former Attorney General
Monet by the Republican party of Ohio
He had read an interview with Mr. Monet
Mckinley would lose Ohio this fall because
of the relations between the Republican
party and trusts which, Mr. Lentz said
told how MIR Monett felt about his treat
ment in Ohio.
Mr.. LentZ spent the rest of his time in
discussing the proposition that a constiSl
tional amendment was not necessary TO
enable the authorities TO drive out the
trusts; that the Republican party was the
friend OF the mother of trusts"-the tariff
and that the Republican party had sent
a body of embezzlers 10 Cuba.
Mr.. DeArmond closed the debate for the
Democrats. He was opposed, he said, TO
the mockery of the attempt TO pass the
proposed amendment. 1t would concen-
trate everything at the National Capital,
sweeping away every fundamental prin-
ciple OF State rights. There was on its
face evidence, conclusive and irrefutable.
that there was no intention that it should
find lodgment in the Constitution, but was
intended for campaign purposes. lap
plause.l No man who would consider it,
he said, would support it in whole CT in
part.
Ii was purely and simply political de-
vice, one for which the Republicans knew
large number of Democrats would not
vote. Not an amendment by Democrats
was to be permitted, and Mr.. DeArmond
asked if ever before in the history of Con-
gress proposed amendment to the Con-
stitution was so hampered and restricted
in its consideration as this. Mr. Dear
nond quoted the words in the first section
declaring that all the powers mentioned
therein should be exercised in the Terri
tories. District of Columbia, and all the
territory controlled or belonging to the
United States and asked. if the Constitu-
tion went by its own power and effect to
all parts of the country, why those words
were used.
He said he would wait for an answer
from Mr.. iLttlefield, of Maine, who was TO
follow him. In the Porto Rican debate
he had stood with the Democrats upon the
proposition that the Constitution went to
all territory of the United States by its
own force, but he could see in anticipation
the smile Of contentment growing into
the laugh of exultation on the faces of
the Republicans as they heard from Mr..
Littleheld vindication of their position
and a refutation of his own
AS far as he WAS concerned he did not
propose TO hoodwink himself or try to
bunco himself into voting for the amend
ment; he would vote against the amend
ment gladly and defend himself before his
constituents.
Mr.. Mccall said he proposed to vote for
the bill. but against the amendment. which
promised to the eye only. II was an amend
mont which, in his opinion. struck a for
midable blow at individual liberty. 1t
would reach the smallest combinations and
and bring them under the
control Of Congress. If all this power of
ninety billion dollars capital