New-York tribune., 1900-09-29
BETERIDGE ON TRUSTS.
GOOD ONES ARE BENEFICIAL AND BAD
ONES SHOULD BE REGULATED-BRY-
ANS INCONSISTENT ATTITUDE.

Columbus. Neb,. Sept Ex-senator Beveridge
addressed large gathering in this city this af
ternoon. Many drove in from the surrounding
country and swelled the crowd Of town people
The Senator said in part:
,n5 WHAT IS a trust? L is great comoination OF
c~pitaI designed 70 simplify and uniIy business,
pity and unity industry. It is easy 70 see there
A trust is good trust when IT performs the work
[or which Il has been organized, and produces
70 the consumer more conveniently than a dozen
VEL = eGnoeTs eou!o 90 trlst Is ogq i,I I1s
reason than 70 satisfy the greed Of its managers
prices; and when ii does that It ought TO be re-
ss.ralned or put out Of existence Mr Bryan ls IN
IaVor OF destroying all com oina lions OF capital.
We are in favor Of destroying only such combina-
enables its managers 70 produce more cheapiy than
fy ffney aid before; and increase IN profits coming
right TO all such increase OF profits. Better prod
olsnonesty force up the price Of its products that
Is Is wrong and i ought TO oe regulsted And that
stroyed. The Republican idea is regulation and
mere is only one possible way Of regulating
trusts That way is by the Congress Of the Re-
Try now. We have outgrown States rights There
jersey should have greater privileges than one
9[sahIdzed IN Nebraska trust 70 succeed must
ought TO pe controlled. not by State govern
4itSlLL, buL Dy me Nations Government It Is the
% struggle between the Nation and States rights
IAe constitution does not permit that at present
ne fIepuohcan party proposes 10 amend the Con-
sJi1uuon that the National Government may
control trusts The Democratic party voted solidly
against that proposition. Why Because the Dem
9cratc party was more in favor Of trusts than the
republican party? No. Both parties are equally
against the evils Of trusts But the Democrats
opposed tnat measure, which alone can cure the
eVi.s or trusts, because IL IS Republican measure
ana they would not permit II 10 pass Repub-
mean measure without protest. The point Is that
ne republican party have proposed The only pos
slole remedy, and are pledged to its execution
MI bryan is in favor Of trusts in reality az much
as any man in the United States. He admits il
nlrnselr For ne says that he Is a great champion
OF laoor gantZa ton. So 1. The laboring or
saIllzatlons OF my state supported for Sen
ale ana when they did IL they knew just where I
5000 on every question then before the people.
am and nave been since was a boy. In favor
o. Ieoor organization. Il Is the only way labor
mas o. asserting its equal rights with the organi-
zaJlons OF capital and in so doing is public bene
--Ir Lne well being OF labor Of vital
20 the well being Of the entire Nation II benefits
!aoor in numberless ways Over and over again
Nj Bryan has said that these organizations are
great blessing. And yet labor Organization is
mercy form OF trust. II is labor trust and IL
Is good thing. But even labor trust sometimes
ooes wrong When IL does. il loses the sympathy
OF the great mass Of our people and II ought
De resisted. Just So the Of capital often
wrong. When they do, they ought 70 be punished.
But because labor trusts sometimes IN the
wrong IS no reason why they should be destroyed.
" hat both need when they do wrong ls restraint
ana correction But what Mr.. Bryan proposes is
destruction and II he IS logical he must destroy
the trust OF Ia Dor well capital