The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-10-01
THE REPUBLICAN VIEW OF THE;


IHtSIS.
Senator Beveridge of Indiana delivered
a speech at Columbus Neb. Friday on
trusts" which was generally understood
to be the official republican position on
the great question discussed.
Advance copies OF that address had
been sent out and 1t is possible to gain
from one Of these something like cor
rect idea OF the Theoretical" attitude OF
Senator Beveridge's party towards the
big capitalistc combines. The actual
practical attitude OF protection Of the
trusts by McKiuleyism. we all know.
The senator gives us the key to the whole
speech In few OF his opening remarks.
First he asks: What is n trust?" Then
ne answers ut is a great combination
O. capital designed to simplify and unity
business, or great combination OF labor
designed to simplify and unity industry"
In the very promise of his argument
he is at fault trust is not simply
- great combination OF capital" for any
purpose. combination system of rail-
reads is not necessarily trust And the
assumption that a big labor union is
a
corporation composed OF corporations.
or made up Of many formerly Independent,
concerns. that heye entered into n com
hinaton for the purpose OF controlling
the entire output in that line Of business
and debating 10 the producers OF tina
peculiar raw material used. It's object
is TO control production in a manner "a
Ia MT
very idea Of It's creation and object Of It's
organization Is to dominate the business
in that line by one central company
and thus constitute monopoly strong
enough to crush ont competition To ac-
complish this. certain establishments arc
closed at will. the wheels OF industry
stopped and labor thrown out of employ
ment. II is great Coordination OF can
ital,' 1t Is true. but combination OF A
peculiar kind. involving The destruction
OF certain of its original units.
But Senator Beverage after HAVING
stated false premise proceeds slIbly ia
lis conclusions. These are, briefly. that
some combinations are good and some bad !:
HAT the republicans would encourage IN,
good and regulate or suppress the bad
while Mr.. Bryan and the democracy ar,
lin favor OF destroying all combination,
OF capital"
This is a paipsbie misstatement OF 10,
democratic position. The democrsc,
would not destroy all combinations OF
capital but only such combinations al
constitute trusts--the corporations com
posed OF corporations that have for tha
object the Limitation OF industry. any
where or the monopollstic control of an,
one branch or business.
What would Mr. Beyeridge's party con
slider the had combinations" under hi
definition? As they have not found an,
combinations OF capital' to demand cor
receive measures since Mr.. Mckinney
went into office. possibly the only "bat
combines they would get after TN the
rext four years would be the Labor
trustss--like the United Mine WORKERS
for examplci
THIS is tho persistent and consistent
effort OF repphliesnism with reference I,
the trusts-to confound trusts" with
any and all or the ordinary oombina-
tiors u capital. or with labor unions. an,
then 70 insist that all trusts" leglt!.
maze corporations and labor combines. 10
irfianee, ara not bad and ought no
10 come under pubic or democratic con
der natlonl
TIE trick 10 nnspeakahiy clumsv Tn,
osirieh's mead in the sand is piece o
bril- liant coneealment beside this repub
lican scheme for sinking the trusts on
Of sight
Can saah party be expected to hon
estly designate which are the "truse e.
in ny cffert 70 regulate or suppress bad
combines? Is there an American Gill;
zen with some enough to get out Of IN
rain who imagines that republcanisn
wsrl eticmp5 even 70 put down III
real srustsy
Ire democracy does NOT make war OF
good or bad combinations OF capital mere.