The Van Buren press., 1900-06-02

Townships Of Crawford county on Sat.
drdsy, June Q, 1900.
Bryan,s Truths on the Evil Of Trusts
Prom the st. Louis Post. Dispatch.
LINCOLN, Neb. May 20. WI Bryan
gives to the Post Dispatch what he con-
Siders his most significant utterances on
trusts delivered In different speeches on
the subject. The extracts follow
The trust principle 10 not q new
principle, but the trust principle Ia
inanifesting itself In so many ways, and
the trusts have grown so rapidly that
beople now feel alarmed about trusts
who did not feel alarmed four years ago.
The trust question has grown IN import
Xnce because within two years more
trusts have been organized than were In
ell the previous history Of the country.
I want to start with the declaration
that q monopoly In private hands Is In,
defensible from any standpoint and
intolerable. ! make no exceptions to
this rule. | do not divide inonopolies
Into good monopolies and bad mono.
poles. There can DO no good monopoly.
J What Ia the defense made Of the mo-
nopolyi 1t IL always placed on the
ground that II you allow n few people
10 control the market and fix the price
they will be good to the people who
purchase Of them. The entire defense
bi trusts rests upon money argument.
II the trust will sell to u man an article
for q dollar less than the article will cost
hinder other conditions, then, 1t is said
the trust Ia u good thing. In the first
place. I deny that under q monopoly
the price will be reduced, In the second
place, II under u monopoly the price Is
reduced, the objections fur outweigh
Any financial advantage that the trust
could bring, Money Is made to be the
servant Of man and | protest against all
theories that enthrone money and debase
mankind.
" MCharles r. Flint, at Boston, on the
25th day Of last May, defended trust
principles before an exceedingly sympa-
thetic audience, II WAS composed al
most exclusively Of Boston bankers.
I quote u few Of the advantages to be
derived from trusts from this high au'
thority. First the dealers
"Raw materials bought In large
quantities Rre secured vt lower rates. -
= That Ia the frat advantage. One man
70 buy wool for all the woolen manu-
fNciurers. That means that every man
who sells wool must sell II at the price
hxed by this one purchaser In the United
States. The first thing Is to lower the
price Of raw material, The great ma
jority Of the people are engaged in the
production Of raw material and IN the
purchase OF finished products.
J Note the next advantage;
,'Those plants which are best equipped
And most advantageously situated ARE
run continuously and In preference to
the less favored, -
The next thing after they have bought
all the factories Is to close them and to
turn out Of employment the men who are
engaged In them. II you will go about
bver the country you will see where
people have subscribed money 10 estab.
Iish enterprises and where these enter.
prises, having come under the control
0f trusts have been closed and stand
how silent monuments OF the trust
kystem. Behold the next advantage.
Mr.. Flint says;
'"''In case Of local strikes or fres, the
work goes on elsewhere, thus prevent.
jng serious loss. "
This means that II the people employed
In one factory are not satisfied with the
terms hxed by the employers and strike
the trust can close that factory and let
the employees starve while work goes on
10 other factories without loss TO the
manufacturer.
J. There Ia no multiplication OF the
means Of distribution, and u better force
Sf salesmen takes the place Of large
Humber. /"
That is the next advantage named. !
want TO warn you that when the mo
hopoly has absolute control brains will
b. at q discount and relatives will be
found to fight for these positions. When
there u competition every employer has
10 get y good man 10 meet competition,
but when there IL no competition any
body can sitin tho Office and receive let.
ters and Answer them, because everybody
has 10 write 10 the same housefor every.
thing he wants. Mr., Flint says trusts
have another advantage; Terms and
Conditions Of sale become more uniform
Ind can be hiore safely granted, -
y The trust cannot only fix the price OF
what II sells, but II can fix the terms
Upon which II sells, And the purchaser
tiust trust to the manugors generosity
ks TO what y fair THAT is human
nature > '
' What Ii the first thing to be expected
Of q trutts That II Will cut down ex
beuses. What Ia the secondy That II
win raise prices. That IA human
nature God made men selfish. lido
bot mean 70 say that ha made mistake
when he did, because selhshnees Il
merely the outgrowth Of an instinct OF
1Slf. preset vation. II Ia the abnormal
@veltplnent Of v man 3 desire 10 protect
hlmsklf. Iofteh wish we might have a
bhnditibn IN which every admit who did
night '1eAts 10 bis widow md children
6hHhRh PROPERTY FOR the education Of his
children and the support Of his widow.
Nht whlln ! wish 10 see every person
kjut " .tiss ! ~ teu 80 t.N ffH |.H