The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1902-10-03
THE lIRATHIR
ne Addressed the National Leagz
Of Republican Clubs.
SUBJECT WAS TRUSTS
He Said Legitimate Trusts We're a
Help, bat Reckless Trusts We're
IBiHriens-Right Kind Of
Protection the Remedy.

Chicago, Oct g. Inc iowa loea
came to the surface Thursday night
at mass meeting under the auspices
OF the National League OF RepublicaD
clubs, which met in annual conven
ton here. United States Senator j.
r. Deliver OF Iowa was the orator
Mr. Deliver said In part:
Let us look at the Iowa idea for a
minute. II has been presented to the
country as the sudden impulse of dis
satisfied mischief makers In the Re
publican party. On the other hand
Il is the nature judgement of man
whose wisdom has never failed the
Republican party in the forty years
of his uninterrupted public service.
"Our people recognize the value OF
a large capital for the transaction Of
a great business and especially for
the commercial coEquests upon which
they are now entering. But they rec
ognize also the danger of abuses. both
In the organization and management
of great industrial enterprises, and
would have the government Of the
United States stand between the com
mun!ty and the reckless peryeFgion
OF the benefcent Law of corporate
property. ii In evident that even II IL
were desirable TO kill the trusts il
could not be done by merely REMIT
Ing the duties which their foreign
competitors pay al our custom hous-
eH Even MIR Bryan who talks Of
putting the captains Of industry into
g chain gang and sending j. Pierre
pont Morgan frst 10 the poor house
and then to the penitentiary admits
publicly that the free trade remedy
faAs very far short OF the object he
has in view. Nearly every sober stu-
dent N the subject admits that IL
was the pressure Of competition
which has drawn some Of our indus
tries frat into groups and then into
gigantic combinations under sin
gle corporate management Our tar
IFS have been defended out OF con
eidreation for infant Industries, but
that Ia not the foundation Of the pro-
teetivs policy. They have been de-
tended on account OF the difference
in the wage scales OF Europe and
America but that ia not the foun-
tation Of the protective policy, The
long debates that were held 10 other
generations about the rates Of duty,
whether The wall should bee low
enough 10 barely allow IL 10 leak over,
or 60 be- pumped over failed utterly
TO comprehend the principle which
has identified the doctrine Of protec-
ton with the present day miracles OF
our Industrial progress
MI Deliver pleaded for protection
and said the right Kind o. protection
was the only remedy.
The convention was called 20 order
iu the First Regiment arnory here.
with about 500 delegates present. rep
reseutinw the auxiliary leagues from
the various states. This number "a
lesz than bali The attendance which
had been expected before the Illness
OF President Roosevelt whose pres
enea had been assured
Before toe convention was opened
II wss commonly admitted that che
nomination If President Roosevelt In
1904 would be endorsed.
Among The candidates for the
rYnrue presidency we're mentioned J,
"a Moore al Pennsylvania sd Il.
ReddiuR ~ Little Rock, Ark. Rieh.
ard wnoas 81 Sous Fails. ), u. and
Shirley Z Johnson OF Kentucky,
The feataFe of mornings session
after the address Of welcome by Roy
b West ~ tae state central commit
Tee WAg address OF President
Hamilton