The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-09-29
sen, BEVERIDGE
MAKES DEFENSE
Orator Has Elaborate ApOl.
Ogy For Combines.
DECLARES GOOD"
TRUSTS ALL RIGHT
Would Have All Bright Men
Working on Salaries.

Columbus, Neb.. Sept. Ex-senator
Albert J. Beverage Of Indiana deliv-
cred the principal address at the state
! rally here this evening.
His speech was on The T4ust Cues
ton, and was a defense of trusts and
! department stores.
/ In it he said:
What is trust? It is great com
bination of capital. designed to sim
| plify and unity. business, or a great
combination Of labor. designed to sim
plify and unity industry. L is easy
to see, therefore, that there can no
good trusts and bad trusts. lust "a
there can be good men and bad men. A
trust is q good trust when it performs
the work for which it has been ORGAN
lied, and produces better goods at
cheaper prices and delivers them 10 the
consumer more conveniently than a
dozen different concerns could do. \
trust is a bad trust when II raises
prices dishonesty and without other
reason than to satisfy the greed of its
managers.
Mr. Bryan is in favor of DESTROYING
favor of destroying only such combine
lions OF capital as Cypress the people.
just as you are in favor OF putting in
1a1I only such men as commit larceny
or murder or arson.
Cites Self-Binding Harvesters.
The first season the self-bindinz
harvester appeared in central Illinois.
the same arguments were advanced
against il that are now advanced
against trusts.
Every labOr-saying machine is
q mechanical trust, and yet more Ia
boring men are employed today and at
higher wages and with shorter hours
than ever before in human history
There is only one possible way OF
congress Of the republic controlling
corporations.
Favors Department Stores.
rs Mr.. Bryan in favor of destroying
the department StOre2 Is there a VO-
man IN the United States who will re-
fuse to trade with the department
stores? If not, why nOt2 Because be
fore the department store she had to
buy one thing in one little shop and
another thing in another little shop,
ana ali OF poorer quality and higher
price; whereas now she buys every
thing under one roof, at a cheaper price
and of better quality and has it quick
~ delivered Under the old system.
statistics show that more than so ue-
cent of the small stores failed And all
OF them had to sell poorer goods at a
nlgher price in order to make their
many profits, and even then they
failed; whereas the department store
sells at lower price better goods IN
more convenient form. and the small
dealer who before was waging a daily
struggle with bankruptcy and failing
IN the end, is now the well-Daid and
prosperous head Of department Of
that great center of distribution for the
masses. called the department store.
Railroad Combines an Instance.
Let me give you another and sim
pier example of the trust There is in
TINS country a great railway system
called the Big Four railroad I re-
member the time when the railroads
that formed what is now the big Four
railroad system were little, short, sep
arate lines The service on each Of
these lines was poor. A great man
aSer combined those lines into a sys-
tenn What was the result2 More
trains, faster time, better cars, cheaper
rates and through trains You can get
on one of that systems trains and.
without change, go to distant points
which before required two or three
changes and two or three tickets
Only Salaries For Young Men.
Mr. Bryan declares the trusts pre-
vent young men from rising in the
business world On the contrary, the
active heads of most of these corpora
uOns are young men who have risen
without influence or any other aid than
their own ability to their high position
The president of the Carnegie Steel
company is still a young man. and rose
TO his position from a boy in the works
What the trust is looking fOr-what
any combination Of capital is looking
for-is fresh and vigorous ability. IN
less they get that, they cannot sue
ceed- l Will venture the assertion that
more than 80 per cent Of the active
management of the great combinations
OF capital in this country, and the act
i've management Of each one of the de-
partmentS Of these great cOmbina tons
Of capital, is in the hands Of young men
without wealth. influence or position,
but whose worth and merit have been
recognized by the directors Of these
great concerns
"A trust can only exist when each
and every department Of II, 10 the
smallest detail OF its business, is con-
Quoted with mathematical and machine
like accuracy. And the chief demand
in this country today is for talented,
industrious, honest and brave young
men to aid the mighty work which this
Industrial development of our clVlIiza-
ton requires.
ELong Live the Trusts"
LAS no woman who listens 10 me
would have the department store DIS
solve into the little, incOnvenient, hlgn-
priced shops. selling poorer goods in q.
more incOnVenient way; as not a man
in this republic would have any OF our
great railroad lines. which were formed
out of dozen small, pOOrly-operaI9
high-priced, acknowledgements m
convenient lines. broken up into those
little roads again, just so not man IN
this country is against the industrial
development of a trust, when II IS non
estly and righteously conducted w NAT
we are all against IS the dlsnonest Or
erstion of these trusts just as we are
all AGAINST the dishonest conduct or any
man. Bui the sensible thing IS not 10
destroy them the sensible thing IS 20
remedy them"