The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-08-19

Editor Bailey is charged as
follows:
|. That he advocates I'm
peria!ism.
2. That he defends Trusts.
8. That he favors the gold
standard and gold bonds.
4. That he upholds Corpo-
ration rule.
5. hat his teachings all
favor Republican success.
Yesterday we printed the
evidence in support of the
charge that he favors Imperial
ism. Today we submit evil
dence IN proof of the other
four charges, as follows:
That he defends Trusts.
That he favors the gold standard
anu SOlU DOuuS.
That he upholds corporation rule.
That his teachings all favor Repub-
lican success.
We have. taken another look at Editor
Bailey's 'open book We charged that
he was A DEFENDER OF TRUSTS. We
have shown that he stands with the Re-
publicans on Imperialism, 1.-The paramount
ISSUE" The trust question stands out
prominently among the foremost issues
of the national campaign. The Democra-
tic party in the Kansas City platform
charges that trusts are legitimate pro-
are "fostered by Republican laws and
that they are protected by the Republican
administration in return for campaign
subscriptions and political support" The
platform declares:
I'VE pledge the Democratic party to an
unceasing warfare in nation, State and
city against private monopoly in every
form"
During the past four years under Nc
Kinley more trusts have been organized
than for the previous hundred years, and
yet the readers of the Biblical Recorder
have read no honest denunciation of them
in it's editorial columns. Bailey has now
and then denounced trusts but always
with such saving clauses as Mckinley
and Hanna use. HereJis the declaration
in the Republican National platform, and
it reads like an editorial by Bailey:
1--WE recognize the necessity and pro-
priety of the honest cooperation of CAPT
tai to meet the new business conditions
and especially to extend our rapidly in
creasing foreign trade, but we condemn
all conspiracies and combinations in
tended to restrict business, to create mo-
nopolies, to limit production or to con-
troll prices, and favor such legislation as
will effectively restrain and prevent all
such abuses, protect and promote COM
petition and secure the rights of pro-
ducers, laborers and all who are engag-
ed in industry and commerce
In the issue of the Biblical Recorder
of July 9th, 1898, replying to charge
that it favored trusts, he referred to
EVIL trusts" which was only an echo of
Mckinley and Hanna's saying that they
were opposed to bad" trusts. The Demo-
cratic party says that all trust are bad.
1t is only men who try to shield trusts
who try to make distinction between the
bad and the good trusts. According to
Hanna. the good trust is one that con-
tributes largely to the Republican cam
paign fund; the bad trusts are those that
are stingy toward Hanna's cash-drawer.
In the issue of August nth, 1898, he
excused and palliated the dismissal of
professors who had been driven out Of
colleges because the trust benefactors OPP
posed their honest teaching that trusts
are wrong, and in dozen different edi-
torials, came back to the same line.
Indeed, he think so well of trusts that
he tries to class them with partnerships
and stock companies, and says they are
not to be feared. He says on the 21st
of December, 1898: "AND WHAT WE
HAVE TO FEAR is NOT TRUSTS, not
partnerships, not stock companies, but
monopolies.''
Go to sleep while the trusts rob you.
is his sedative What we have Ito fear
is not trusts but monopoies.' >
That's what Hanna says, and yet every