The Denison review. [volume] (Denison, Iowa) 1867-current, 1900-01-19
Fine Record of Gov. Shaw.

The second Inauguration of Governor
Shaw, which took place at Des Moines
on Thursday, furnishes occasion for
congratulating the people of Iowa up
on the continuation of an administra-
ton that has been credit to the state
and which brings into still greater
prominence before the public man
who is destined to be conspicuous
figure in national politics.
Under the administration of Cover
nor Shaw the deficiency in the. state
treasury, which amounted to about
100000, has been transformer into
surplus that will amount for the COM
ing biennial period to more than 81
100000. The state institutions have
been honestly administered, capital has
been attracted to the state and every
department of industrial activity has
felt the quickening stimulus of good
times. That the people were pleased
with the splendid record of Governor
Shaw was evidenced by the fact that
he was re- elected by the largest major
ity ever given to any governor in Iowa
While administering the affairs of
Iowa Governor Shaw has become a
recognized leader in the fight for sound
money in the west and prominent in
the discussion of national issues in the
congressional campaigns. His voice
has been heard from the stumpln other
states, always clear and strong for the
issues that stand for the national well
fare. Four times he has appealed to
the people of Iowa for a verdict in
favor of a sound currency, and each
time the response has come in the
shape of an increased majority.
That Governor Shaw Is an intelligent
and discriminating student of the new
issues is shown by his admirable treat
ment of the question of trusts in his
inaugural address. He declares that
the evil of trusts exists in the monopoly
and that he favors laws that will crush
this form of combination, but he be-
lieves that many of the methods sug-
rgested for dealing with trusts would
open doors quite as dangerous as those
through which come these admitted
evils. He favors publicity of the stock
transactions and profits of trusts, not
only to prevent deception of the public
but to stimulate competition. If a
published report discloses large pro-
fit from an investment of $40 600 900 in
particular industry by a trust it is his
opinion that another S10,0O0,OOO will
quickly spring up for investment in the
same industry, and thus competition
will be increased instead of stifed. On
the question of remedial legislation he
says:
Ii trusts are to exist anywhere. I
would prefer them in this country. and
would as soon submit to the DONNA.
ton of steel rail factories built and
operated in Iowa as where they are. If
you can devise some way to bring
about uniform legislation, SO that CAPT,
tai shall find no greater welcome else
where than here, it may be my pleasure
to co operate with you, or, if you can
devise some statute which will relieve
our people from the domination of
monopolies either at home or abroad. I
shall be glad to add nv signature when
the bill shall be presented for approval.
These are the utterances of level
headed scholar and business man in
stead of a shifty and evasive politician.
Governor Shaw does not propose to be
led by the popular clamor against
''trusts'' to recommend legislation for
driving capital out of Iowa, but he is
willing to favorably consider any hon,
est or rational measures to protect the
people from monopolies. = Chicago
Times Herald.
The first camp Modern Woodmen CT
America was organized at Lyons, Gin.
ton county, Iowa, on the evening CT
January S, 1883, with 81 members. The
- y q -ns,