The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1900-09-21
lions which he terms as trusts formed
under Mckinley.

tons which he terms as trusts formed
under Mckinley.
NO Hope from Republicans.
..During the present administration no
honest effort has been made to protect the
people from these monopolies. The repub-
lican party controls the executive and the
legislative departments of federal govern
ment. 1t can enforce the laws which now
snt Il does neither. No persons r can watch
read the speeches Of republican leaders,
cere in its declarations against the trusts.
1.-The republican platform on this Ques-
ton and the presidents letter OF accept
record, prove conclusively that no relief
can be hoped for from that party. In
the republican leaders spend their time
In exulting over present conditions The
f paTs OF aaa
quoted. declared that the forma ton Of
large corporations was one of the I'm
the present business activity. II republic
an leaders really regarded private monop-
oily as an they ssay tbeT to
hesitate to denounce trusts and suggest
means for their determination. but they
ton than for the people at large One is
reminded of the picture which mother
mind aH
Chris tan martyrs, who were being thrown
into the arena and torn to pieces by the
moment, and then his face frightened up
as he thought he caught the idea. Pointing
down into one point Of the picture, he said !:
why, mamma, there is one poor little lion
the republican leaders. Their sympathy
IN their opinion is not getting its share, but
they are not moved by the hardshipS I'M
posed by monopolies upon all who are out
of congress have convened and adjourned
since the presidents Inauguration, and yet
nr e mas LOOKING toward the o sp Of
monopoiles.
Paper Money. Trust.
cat the opening. of the last session Of
congress the republican leaders pressed
ing paper money trust and surrendered
into the hands Of the national banks COM
Just as congress was closing farcial and
hypOcritical attempt was made to deceive
the public by the Introduction of an anti
trust amendment, and an antitrust Dill.
The amendment was not necessary and
was intended to deprive the states of the
to confer upon congress mgr 0 new authority.
This vicious amendment was defeated In
the house by the democrats The repu5-
ment unnecessary by introducing an anti
trust bill. which was supported ed by the
fss s T. put d io ,e TSe
lican majority in the senate referred the
bill to the judiciary committee against the
immediate passage The republican party
draws its contributions from the trusts
by the peops the
cy Of the trusts between campaigns.
Let us note. briefly the effect of the
already been made to the commercial trav-
eler, the hotel keeper. the railroad, the liv-
eryman and the newspaper.
The Eject of Trusts.
-
growth Of trusts the business is gravitat-
ing toward the offices of the big corporation
attorneys; while less fortunate practition-
ers are becoming law clerks.
The actors suffer from the theatrical
trust.
He does not know at what moment some
large corporation will attempt to monop-
and give him his choice between bankrupt
cy and participa ton in an industrial con-
Many have been driven into the trust or
ganization by the larger corporations en-
gaged in the same business, or by trusts
formed to control iron, steel, tin plate, or
some other product used as basis for fur
Their manufacture. In what business can
sapta S09 he's stars into
pendent business he will find It difficult. If
not impossible, to compete with a large or
ganization If IT attempts to undersell him
In his territory. because 1t can sustain it.
self, by collecting high prices in other parts
objections and takes stock in monopoly nor
he does not know how soon those in charge
may attempt to freeze out the smaller
stockholders.
1.-The merchant is losing his independ-
ence. The trust fixes the terms upon which
he shall sell. and often binds him by con-
tract not to sell q competing article When
the monopoly Is complete credit will be
shortened. and the merchant will be COM
PEELED to bear all the risks of trade. When
ly has to divide the advance with his Gus
toners. so far as stock on hand is con-
cerned, but when the trust overstocks the
market and then let's the price fall. the
ed stock. When, for instance. the Amerf-
can Steel and Wire company closed several
of its factories a few months ago and threw
some 5000 employees out of work. it
in order to work of surplus stock which
had accumulated because the high prices
had lessened the demand. Every merchant
lost money on the nails and wire on hand.
lines he of
is now considerably in excess of the de-
mand. but lest the republicans may try to
explain this upon the theory that the peo-
pie are too busy to sit down, may add
that there Is also dizziness in the shoe trade.
The Iron Age in a recent issue pointed out
that the production of iron was falling eff
the decrease then amounting to more than
900 tons per month. Dun's report of July
q stated that the wooden mills were run
even recently the cotton manufacturers
have been threatening to either reduce
wages or shut down temporarily. Accord
ing to- Dun's report. the business failures
| 1900 than they were during the same months
of last year. and this occurs in the midst
of good crops. and when two wars are In
progress. - ~