Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1900-03-08

that there is but one side. General
Lew Wallace recently said, that trusts
proper are attended by many dangers.
They curtail competition, takes EN-
ployment from the worklngmen and
reduce' them to condition, bordering
on slavery.
"Dr. Hills has said, that when some
Sampson Of industry, uses his superior
wisdom, to gather all kinds of trade,
while others starve, that he is like
wrecker upon thet seas.
Governor Pingree, before the great
trust conference, recently held In Chi
cago, where the picked men Of the na,
tion were present said, that he had
no doubt Of there being but one side
to the question:, and that he had no
sympathy with those who say that
trusts are necessary industrial
growths.
81 think that Prof. Brooks, Of the
University OF Chicago, takes the right
view. He believes that modern trusts
are as much, a machine, as is loco
motive. Regulate the trusts by state
law, is the remedy for the evil. There
is as much use for an anti-weather
society opposing nature, as there is
in trying to crush trusts outright.
"The trusts are here, and they are
here to stay, just as the locomotive is
here, and here to stay. You can reg
ulate the locomotive, but you cannot
annihilate it. We must regulate trusts
for the welfare of the whole people.
I have such an abiding faith, in the
American people; in their capabilities
and determination, that believe they
will settle the problem, for the best
interests Of all concerned.
when railroads were first built,
people clamored against the new mode
of transportation. When a line was
first put through Erie, Pa, the citi-
zens of that town, insisted that the
railroad company should break guage,
at that point, in order to give work
to the handlers of the freight.
"To the end of his long ana valuable
life, Ruskin, proclaimed against ma
chinery, but do any of us wish to be
transported back to the period of no
machinery? Every piece of machin-
cry is but the human hand multiplied.
"At that great conference, listened
to two of the most eloquent men Of
the nation. They were Mr.. Burke
Cochran and Col. W. j. Bryan. For
two hours Cochran delivered magni-
ficent address. 1t was marvel Of
eloquence. He took the side of the
trusts. Col. Bryan, in witty, yet
scholarly address, opposed Mr.. Coch-
rams theories. He said that in his
|
opinion the law, that created, should
maintain control; that whatever gov
ernment made, that, could government
take away. .3ft
"While, Congress has passed laws to
regulate the trusts, and the Legisla-
lures of the various States have done
likewise, yet these laws have not
been uninformed and the trusts have
not been controlled. The result Of the
trust conference was, that antitrust
laws, MS nearly uniform as possible,
should be passed by Congress and the
various States.
"During the past 100 years, we have
witnessed marvellous progress. We
have expanded in knowledge and III
invention. We have expanded in ma
chinery, in the means of distribution
and in the methods Of transporta-
ton"
The speaker referred to Spain, as Il
nation of few inventions, compared
with America, and relative to the
Spanish-American war, he said: 1T
was the neatest, cleverest, most ef-
fective piece of military work, ever
done by any nation. The whole map
of the world was changed, and the
United States will never he, what 1t
was before the first gun was fred"
Continuing, Bishop Fallows said:
"The present period of time is the best
period in the history of mankind. The
moment now being licked by the clock
in the best moment. challenge you
to- put your finger upon single
thing, in which the world is not bet
ter now than it was 100 years ago"
eve have been told that we are
degenerating physically. Prof. Nc
Gee says, that American people never
had more brain than they have to-
day.
81 have the warmcst feeling for the
Ilaborer. The American workingman
land American farmer are kings