Marietta daily leader. (Marietta, Ohio) 1895-1906, 1900-10-30
DEMOCRATICT TRUSTS.
PROMINENT MEMBERS OF THE PARTY
ARE TRUST MAGNkTES. --
2ITH VLL14--' THO y

NNkG -- ~ ~
Richard oIney Declared the Sherman
Antitrust Law Saii and yoid-New
Jersey and sDeiawasre Examples of
Friendship For Trusts
Speaking about the Democrats and
the trust question, it is well to note
that the attorney general OF the United
States who declared the Sherman anti
trust law to be unconstitutional and
void, according to the New York
World, was Mr.. Richard Olney of Mas
sachusetts, now supporting Bryan His
annual report Of. 1884,, according to
The World, argued against the possi-
bility of doing anything against these
dread combinations, and that great
Democratic paper laid special stress
upon the fact that MIR. Olney had been
acting as attorney for the whisky trust
when he pleaded the unconstitution-
ality of the Sherman act. The United
States supreme court fully sustained
the Sherman law and overruled the
Democratic. attorney general t''"oJ
Two other little facts of immediate
occurrence also bear directly upon the
Democratic insincerity in regard to the
trusts; and they are not the ice trust,
nor the cotton bale trust under the
patent law, but new points. Allan L.
McDermott, now Democratic candidate
for congress in the Eighth New Jersey
district, is the president of the Cor
poration Trust company of New Jer-
sey, which is the New Jersey agency
of 1873 corporations, with a total capi7
tai of many millions of dollars. r..fr
In Delaware, Hon. William T., Wat
son, ex-governor and Democrat, is
president; w. H. Stayton, a Democrat,
is vice president and treasurer of the
Corporation Trust Company of Della
ware. Governor Watson is one direc-
tor; another is Hon. George Gray, ex-
United States senator, Democrat,
and third is Hon. w. M. Ross, eX-
treasurer of Delaware, and Demo-
crat, and the counsel in Dover, DEL,
the headquarters, is Hon. James H.
Hughes, present secretary Of the state
of Delaware, and a Democrat. This
concern acts as agent, with Mr.. Hughes
as the immediate representative, for
more than 500 corporations doing busi-i
ness in different states but chartered
in Delaware under the provisions of
the general corporation law passed
March 10, 1899, for the express and
avowed purpose of encouraging the
promotion of trusts and corporations,
and attracting them to Delaware, be-
cause 1t promised them more liberal
treatment than either New Jersey or
West Virginia, or any other state. Par
ties interested were carefully .cicu,
larized, and their coming to Delaware
urgently invited as soon as this law
was passed. This statute, that gives
the lie to every Democratic campaign
pretense, originated with Democrats,
and was signed by Governor Tunnell,i
then and now the Democratic COVER
nor of Delaware. This fact may we'll
help to explain why the Democrats in
congress voted, with only two eXcep-
tions, against the amendment of the
constitution proposed by the Repnh-
licans, and voted for by them, to give
congress control of corporations. The
Democratic reason then, and the one
that Bryan has given on the stump,
was that this interfered with state
rights, and the Delaware rights were
part of them, no doubt. They didn't
want to breakup that Delaware trust
factory for their political colleagues.