The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-09-29


work THAI harvesting by hand afforded
them: that the new conditions created by
this very self-binder furnished them other
and better employment.
Every labor-saving machine Is a me-
chanical trust, and yet more labOring men
are employed to-day. and at higher wages
and with shorter hours than ever before
IN human history.
The self-binder enabled the farmer to
market his grain cheaper than he was able
TO do before. So the trust enables the
PRODUCERS TO produce cheaper than they
did before. The self-binder therefore In
crsases the farmers profits because IL
enables him TO market his grain cheaper:
n that is right. The trust enables its
managers to produce cheaper than they did
before; and increase In profits coming from
hat is legitimate, although they have no
right to all such increase of profits. Better
products at cheaper prices 20 the consum-
er is the only justification for trusts. II
the farmers were able TO force up the price
OF grain dishonesty and still increase
their profits. that would be wrong, and it
ought TO be prevented Just so when a
trust Is able TO dishonesty force up the
price OF its products, that Is wrong and
II ought TO be prevented And that Is what
the Republican party proposes to do. But
because the s~elf-b1nding harvester In
creases the farmers profit by enabling him
to produce cheaper grain, is no reason why
the self-bfnder ought to be burned. And
just so, the fact that trusts cause cheaper
production of products is no reason why
they should be destroyed Tie Republican
idea is regulation and punishment. The
Bryan idea Is simply destruction. If Mr.
Bryan viii work more on his farm at driv-
ing his self-binder he will better under
stand the first principles Of the trust ques-
ton
PRACTICAL REMEDY FOR EVILS.
There is only one possible way of regu-
lating trusts. That way is by the Con-
gress of the Republic controlling corpora
tions. This is one country now. We have
outgrown State rights. There is no reason
why a corporation organized in New Jer-
sey should have greater privileges than one
organized in Nebraska. A trust, 10 sue
coed. must do business all over the coun-
try. Therefore, IL ought to be controlled,
not by a State government. but by the Ma
TONS government. 1t Is the old struggle
between the Nation and State rights. The
Constitution does not permit that at pres
ent- The Republican party proposed to
amend the Constitution so that the national
government may control trusts. The Dem
ocratic party voted solidly against that
proposition. Why? Because the Demo-
cratic party was more in favor of trusts
than the Republican party? MOI Both
parties are equally against the evils OF
trusts: but the Democrats opposed that
measure, which alone can cure the evils OF
trusts, because Ii is a Republican meas
ure. and they would not permit 1t to pass
as a Republican measure without protest.
The point is that the Republican party
has proposed the only possible remedy,
and is pledged TO its execution.
Is Mr. Bryan in favor of destroying the
department storey Is there a woman in the
United States who Will refuse TO trade with
the department stores? IL not. why not?
Because before the department store came
she had 70 buy one thing in one little shop
and another thing In another little shop.
and ali Of poorer quality and higher prices,
whereas now she buys everything under
one roof at a cheaper price and of better
quality and has ii quickly delivered. Under
the old sy stem statistics show that more
than 80 per cent. of the mall stores failed.
And all of them had TO sell poorer goods
at a highe price in order TO make their
many profits, and even then they failed,
whereas the department store sells at a
lower price better goods in more con-
before was waging a daily struggle with
bankruptcy and falling in the end is now
partment OF that great center of distribu-
ton for the masses called the department
store And yet that department store has
not destroyed the small dealer who sue
ceeded before That small dealer still ex-
lists and hourishes more than ever. The
shops devoted 10 specialties and where high
individual skill Is required are more pros
porous now than ever.
THE SIMPLEST TRUST.
The department store really furnishes
the specialist his opportunity. 1t also af-
fords the neighborhood store it's oppor-
tunity. And so we find specialist shops and
neighborhood stores more plentiful and
prosperous to-day than ever before. They
do the small and immediate business just
as small change does the small and imme-
date business required of money. Because
We ave ten. twenty and ffty-dollar bills
Is no reason why we should dispense with
thu InIInr fha ~. H. - A.
nickel. Each have their spheres of useful
ness And just so the trust and the small
dealer, the department store. the specialist
and the neighborhood store have their re-
spective spheres of usefulness. And the
department store takes the place only of
the stores which failed before and were
constantly upsetting business. If Mr..
Bryanfis logical he Is in favor of destroying
that department. store because the depart
ment store is a trust in its simplest and
most familiar form
Mr.. Bryan is in favor of trusts I'm reality
as much as any man in the United States.
He admits 1t himself. For he says that he
Is a great champion of labor organization.
So am 1. The laboring organizations of my
state supported me for the Senate; and
when they did it they knew just where /
stood on every question then before the
people,. i am, and have been since / was a
boy, In favor of labor organization. 1t is
the only way labor has of asserting its
equal rights with the organizations of cap
ital, and In SO doing is a public benefit. for
the wel-5eing of labor Is OF vital concern
10 the well-being OF the entire Nation. Ii
benefits labor in numberless ways. Over
and over again Mr.. Bryan has said that
these organizations are a great blessing.
And yet labor organization is merely a
form OF trust. 1t is a labor trust. and it is
a good thing. But even a labor trust some
times does wrong. When il does, il loses
the sympathy OF the great mass of our peo-
pie: and II ought TO be resisted. Just 50,