Arizona silver belt., 1900-06-07
BRYAN ON TRUSTS
Here are the Great Common CTS Latest and Most Sig
 nilicant Utterances.
s,yopOLY INDISPENSABLE ALWAYS
State and Federal Legislation Both Necessary to Control Trusts. Neither is Alone Sufficient
 to Remedy tho Evil.

Il The trust principle is not a new |
 principle, but the trust principle is
 manifesting itself in so many ways and the trusts have grown so rapidly thai people now feel alarmed about trnsts who did not feel alarmed four gears ago. The trust question has crown in importance, because within & two wears more trusts have been or canized than were organized in all the previous history of the country. MONOPOLY INpEFENsIBLE ALWAYS. want to start with the declaration that a monopoly in private hands is II indefensible from any standpoint and iDto!erable. | make no exceptions to fine rule. do not divide monopo;es into good monopolies and bad monop- plies. There can be no good monop- oly. There may be one despot who is better than another despot, but there k no good despotism One trust may be less harmful than another. One trust magnate may be more benevolent than another. But there is no good monopoly in private hands, and do not believe it is safe for society to per init any man or group of men to mo- nopoli2e any article of merchandise or any branch of industry.
 What is the defense made of monop olv? It is always placed on the ground I that if you allow few people to con i trol the market and fix the price they l will be good to the people who pur- chase of them. The entire defense of the trusts rests upon a money argu- ment. If the trust will sell to a man an article for dollar less than the ar. ticle will cost under other conditions then, it is said, trust IS a good thing. In the first place. deny that under a monopoly the price will be reduced. I In the second place, if under a monop- oly the price is reduced, the objections far outweigh any financial advantage that the trust could bring. Money is made to be the servant of man, and l protest against all theories that en- throne money and debase mankind. | QUOTES A FAMOUS MAKEE OF TRUSTS.
 Charles R. Flint, at Boston on the 25th day of last May. defended trust principles before an exceedingly sym pathetic audience. It was composed almost exclusively of Boston bankers. quote few of the advantages to be derived from trusts from this high authority. First he declares:
 Raw material bought in large quantities is secured at lower prices" That is the first advantage. One man to buy wool for all the wooden manufacturers. That means that every man who sells wool must sell it at the price fixed by this one pur chaser in the United States. The first thing is to lower the price of raw ma terial. The great majority of the peo- pie are engaged in the production o raw material and in the purchase oI finished products. Comparatively few can stand at the head of syndicates an1 monopolies and secure the profits iron them. Therefore, the first advantage of monopoly is to lower the price 0 the raw materials furnished by th' people. Note the next advantage: Those plants which are bes equipped and most advantageousl. situated are run continuously and il preference to those less favored.' The next thing after they hay bought all the factories is to clos some of them and to turn out of en ployment the men who are engaged | them. If you will go about over tn country you will see where peoPl
 have subscribed money to estaDlis enterprises, and where these ente'
 prises, having come under the contrC
 of trusts. have been closed, and stan
 now silent monuments of the tru'
 system. Behold the next advantag' Mir. Flint says:
 Tn case of local strikes or fires, tn
 work goes on elsewhere, thus proven
 ing serious loss."
 MoNOPoLY's METHODS.
 This means that if the people en
 ployed in one factory are not satisiie
 with the terms fixed by the employe
 and strike, the trust can close that Ia
 tory and let the employees star'
 while work goes on in other factori'
 without loss to the manufacturer
 It means that when the trusts nay
 frozen odt the striking employees
 any factory and compelled them to
 turn to work at any price, it can pr
 yoke a strike somewhere else al
 freeze the workmen out there. Wh'
 branch of industry is entirely m [
 hands of one great monopoly, so th
 every skilled man in that industy n
 to go to the one man for employmei
 then that one man will fix wages as
 pleases and the laboring men W
 share the suffering of the man W
 sells the raw materials.
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