The Montgomery advertiser., 1902-09-07
MIR. LODGE ON TRUSTS
ATTEMPT TO DESTROY THEM WOULD CREATE PANIC.
Massachusetts Senator Would Hike to See ths-Meat Trust Punished J by Reduction of Its ..
 Profits. S4i

Portland, Me, Sept. 6-The State~ cam -paign was ended tonight by the Repubh- cans with big rally at which senator Henry Cabot Lodge of Massachusetts. was the principal speaker. He gave his , attention to the trust question.
 In opening he urged his hearers to con .tinue in power the Republican party. He- ferring to the war in the Philippines he said he believed "the embers of insurrec- lion sti,l smoulder in Springfield. Groton and Boston," He said that the subject most in the minds of men was that or trusts, and that the President had recent ly said some strong. wise words upon the subject. He described the trust in a tech nical way and said that to % per cent or tnem there was not the least opJectioh' To undertake to destroy by rash legisia- ton he said, would bring on at the pres ent time the most disastrous business panic that could be imagined. $. E/s
 He said that undoubtedly in the great combinations there are certain dangers and certain evils and that at present the dificulty was in distinguishing among the corporations. He had been asked. What gre the evils of the trusts:' and he had replied sEAst teskysseAh easily be enurner- ated. First and more serious. is that there is great popular suspicion about them Somewhere there ought to be some means of a State controlling what It created. He said this was an evil, be- cause, under this government he did not believe that anything, creature of the government. should be beyond the govern ments control.
 There had been many schemes proposed to solve the trust question, the Senator said, and chief of these was that of leg islation. Reckless legislatitn would be de- ztructive to prosperity. Another solution proposed is that of sweeping away the tariff duties on articles that a trust make He said that sounds simple. and would be punitive no doubt. The utmost 1t could do would be to reduce profit. Some trusts would suffer and Senator Lodge said that he would like to see the meat trust pun ished that Way.
 The steel trust, he said. Is organized to compete in every market in the world, while many other companies having been brilt up under the protective tariff would be dealt q death-blow shouls dthe tariff be removed
 "you may reduce the profits of the steel trust" he said, but you leave 1t master of the field. If you took on the duty on woolens. the woolen trust prob ably would close every one of It's miIs in the cuntry." the conroI of the public through the gov- ernment was the silliest remedy ever suggested. He thought the first remedy was supervision and publicity and the latter was the first thing to seek.
 Tn this connection, Senator Lodge re- yerred to the suits against the railroad merger, and the injunction against the beef trust. In conclusion, he said that trsa country wants to retain prosperity erd at inc same time meet the quetsion of the trusts He said that some means must be found to bring them within the Jaw. not to ruin them. but to regulate fhsm. to make the;- Ruplia lndezstand