Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1900-10-04
MR.. BRYAN ON TRUSTS
He Tells OF the Evils of the Sys.
tenn in Speech at
ST. Louis.
AND GIVES SOME SAMPLE CASES
How Trusts Will Hurt the Travelling
Man, the Hotel Keeper
and Railways.
AND GIVES SOME SAMPLE CASES.
Decline of Farm Products-The AgrI-
cultnrist the Most Important
Factor in Our National Life.

In his speech before the Commercial
Travellers association at st. Louis
William Jennings Bryan said:
The lament Of David over Absalom
Is one Of the most pathetic passages
of the Old Testament The fact that
the son was IN rebellion against civil
as well as parental authority did not
shake the fathers affection, and the
anxious query, is the young man, Abb
salon, safer fingers in the memory
Of all who study the life Of the great
Hebrew king. And, yet, the interest
which David felt In his son, Absalom,
has its Sparalel in the more than
100000 families which make up the
American people.
No language can describe n moth
er's love or oycrstatc the abiding IN
terest which the father feels In the
welfare Of his child. From the time
when the mather's life hangs In the
balance nj the boys birth until the
death Of the parents there IS scarcely
a waking hour when the son IS not
present in their thoughts and plans.
il Is TO this parental devotion, so uni
ycrsally recognized, that ! desire 10
appeal on this occasion.
Appeal To Parental Devotion.
/ would call the attention OF every
father and mother 10 present political
ana Industrial conditions would
ask them 10 annylze these conditions,
investigate their causes and their ten.
dpuc!ig would press upon them
3 f..r f.,
Ahsul1m. safcyH Are you satisfied
with tie possibilities and the pr3ba-
bll,tIos which now open before your
SOM
IS be- safe when foreign or DO.
nestle lnancicrs are allowed TO de-
tcrmiuc tar monetary system under
which De- iiycsf
j. he safe when national banks CON
troll the volume 0l money with which
he docs business
j. he safe when the bond holding
class determines the size Of the ma
tlpual debt upon which he must help
TO pay INTEREST,"
Is DC s3.g when by means Of taxes
laid almost entirely upon consumption
BE- .g compelled o. contribute accord
Ing 90 hi4 wants rather than accord
ING lN Hrr IDhHtANlubH'
J. he SAFE when corporate interests
Influence as thoy do today the sclec-
ton Of those who arc 80 represent him
I'm ths senate Of the United Stgtes7
II DE is waec-earncr and YOU do
not know hDw soon he may be. even
if he is not now, So he safe when be
IA liable ;o be- deprived OF trial by
jury through the system known as
government by iujuurtlouf
is be- safe lf laboring man, when
DC la denied the protection Of nrhitra.
ton aud compelled 10 submit 60 such
lpus and terms MS corporate en-
ploycr may prnpUscf
The Reign % Monopoly.
But. I desire 10 oa'l special alton
tlon To thp growth of the trusts, and
to ayk yCu whether your son Is safe
under tie reign of private monopoly
II yOa cannot leave him n fortune You
can leave him something more valua-
bic than money viz: the freedom to
employ his own brain and bis own
hands for the advancement of his own
welfare When there Is Industrial In
dcpcrcc, each citizen Is stimulated to
earnest cudruy0r by the hope OF being
own energy his own Industry aud his
OWL virtue But when private mon
opoly reaches Its full development each
branch Of industry viii be controlled
by ole. Or n few men, and the
fruits Of monopoly, like the
divine right Of rule, VIII be- kept
within the possession Of few
from generation 10 generation, while
the real producers Of wealth VIII be
condemned to perpetual clerkship or
servitude. When private monopoly
reaches It's fun development, your son
VIII buy the finished product nj the
price which monopoly fixes: he viii
sell raw material az the price which
monopoly fixes; and, II he works for
wages. lie viii work for such compen.
sation and upon such conditions as
monopoly may determine.
Charles II, Flint Of the Rubber Goods
Manufacturing Co, IN speech deliY.
cred In Boston on the 25th Of May,
1899, outlined the trust programme
with great fraukness. In speaking Of
the advantages to be derived from the
trust system he said;
Outline of Trust Program.
"Raw material bought in large
quantities Is secured at lower prices"
When, for Instance, one man buys all
the wool. the price Of wool viii be low
cred aud all who produce wool will
sell at the price fixed by the trust. A
large proportion Of our people are On.
gagged in the production Of various
Kinds Of raw material, and they are
thus placed Mt the mercy of the com
blnations.
The second advantage Is that
chose plants which are best equipped
and most adyantAgeously situated are
| run continuously and IN preference to
those less favored"
This means that factories can be
closed In the smaller towns and busl-
ness concentrated In the large ceniers.
| 1t means, also, that whenever there Is
q surplus on hand, part OF the factor
les can be closed, and the burden OF
maintaining prices thrown upon the
wage workers. There are already goat.
! tered throughout the land lille plants
which stand as silent monuments to
the evils of the trust system.
The next advantage mentioned Is
that "In case of local strikes and fires,
the work goes on elsewhere, thus pro-
| vomiting serious less"