The Montgomery advertiser., 1902-04-25
KENTUCKY DAY.
Clarence Dallam Delivered an Ad-
 dress on Trusts.

QreSS OH IIuStS.
 Charleston. s. C., April 24-The cere- monies incident to Kentucky Day at the Exposition included an address at the Auditorium by Clarence Dallam. pres dent of the Louisville Commercial Club. who as the official head of the large party of Kentuckians that came this morning, was the representative of Governor J. C. w Beckham, who could not attend.
 MT. Dallam Is a Louisville lawyer and recently started movement in Ken lucky to raise $1O0,o00 by popular sub- scription for a building and exhibit at the St. Louis Worlds Fair, the legisla- ture having failed to make an appropria- tion.
 Mir Dallam advanced the following ideas on trusts: Let not the cry against trusts and combinations serve to throttle capital engaged In building up your be- loved South. There is a diversity of opinion in regard to combinations and none as to whether they should be con- trolled. For my part, l do not believe in the efficacy of rigid antitrust State laws. I do believe that the Federal Gov ernment can control, and easily control trusts engaged in interstate commerce, and when these are controlled, there will be no danger in others The passing a law forbldding any corporation, partner ship company firm or individual. or other association or persons engaged In inter- state commerce from acquiring by pur- chase, lease or otherwise, any competing business, plan or factory, and from con- trolling or operating same; and by pro- viding. that any such corporation, com pany, partnership, firm or individual oI other asociatsion of persons, its officers or agents, operating in violation of the federal antitrust laws, satisfactory evi- renee of such violation being furnished shall be denied the privilege of the United States mails"
 After speaking of the new spirit of commercialism prevailing in the South and the encoursgemen the legislatures are giving to capital by removing useless restrictions from corporate laws" Mir Dalam added:
 Not d pound of cotton should leave the South in the raw state; it's timber should be made into furniture, wagons. blows anc l the manifold finished articles in the South. its iron ore should be converted 1 into tools. knives. girders. rails. cars | locomotives and steamers: your field: should be cover, d with cattle. and grea' | packing houses established; the wool from | your sheep should he converted into finished clothing and blankets: ycll cream and butter should supply tn. world The lsthmiau Canal must nt built. and you men of the south will h. l blind to your interests if You fail to de mand it. From Southern ports the or5ir' product of Nour country must be ship ped in American bottoms to the orienta and European marts Cuba. free, really d part of the South. will gladly do it! l full share in building up tho South am making the South what rat"re intended it to be, the supply house of the world,
 In concluding. Mir. Dallam sugg asteC that a league of commercial clubs b' | organized in each State, and an annua convention of commercial clubs from al States in the South be he'd
 1 The Kentuckians established head quarters immediately upon their arrival | and are keeping "open house." One O the chief products of the State is beinI distributed in attractive glass souvenir holding a half pint each.