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


Following is the speech delivered by Ser
ator Beveridge at Columbus, Neb.. tod
Ladies and Gentlemen-Mr. Bryan ov
in the newspapers. / know 1t, bee
have seen photographs OF Mr.. Bryal
farm. 1 am not a farmer now, bit
farmer once, And when was a farm
worked at the business. The difference
between farmer who works at the profess
sion and the farmer who works only at the
name is Just the difference between man
and his photograph. So think ] can talk
to the farmers with more authority than
Mr. Bryan. And as he talks TO them about
trusts. 1 also will talk TO them about
trusts.
What Is a trust? 1t is a great combina-
ton OF capital. designed 10 simplify and
unity business, or a great combination or
labor designed to simplify and unity in
dustry. 1t is easy to see. therefore. tnat
there can be good trusts and bad trusts.
Just as there can be good men and bad
men trust Is a good trust when IL per-
forms the work for which IL has been or
ganized and produces better goods at
cheaper prices and delivers them TO the
consumer more conveniently than a dozen
different concerns could do. The COL
sumer is the sovereign factor in civiliza-
tion. The well-being Of the masses Is the
result of every industrial development that
endures.
prices dishonesty and without other reason
A man Is a bad man when he steals: and
when ne does that he ought to be put In
fail. A trust is a bad trust when II dis
honestly raises prices; and when IL does
that IL ought TO be restrained or put out.
OF existence But because one man steal
is no reason why all men should be pus-A
5ail; and because one trust Il olsnonestlS u
no reason why all trusts should be ie-
stroved. Mr.. Bryan is in favor OF Destroy
ing all combinations OF capital We are In
favor OF destroying only such combinations
of capital as oppress the people, just as
you are in favor OF putuns Lh jail ohsy -
such men as commit larceny or murder or
arson.
TRUST OPERATED BY FARMERS.
let me give the farmers a perfect illus
tration of a trust that every farmer In
this country operates himself. That trust
is the self-binding harvester. / got the
lob of driving the first seif-binder harvester
that was sent 10 central Illinois by the Nc
Cormicks. II was an old wire binder. IL
was a trust. 1t was the only trust have
ever had anything to do with. IL did what
several different machines and implements
were required to do before. 1t enabled the
farmer himself 10 harvest and market his
grain at a much less cost than he was able
10 do before. The first season the self
binding harvester appeared In central Illi-
nois the same arguments were advanced
against II that now advanced against
trusts II was said that IL threw labor
out OF employment. IL was said IL would
result in eacn farmer becoming a sort "
independent landed gentry like the great
landlords OF England. and that he would
not need help from the day-lab0rers whom
he had heretofore hired to do /sis harvest-
ing. There were even talks -. nobs Ia
burn up the self-binders. But men who
thought they were thrown out OF cmpfov-
ment by II. found that they were not. -
that there were other employmonts enc
employmcnts and better-paid eu
ments in other alEeetions than az