The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04

destiny and the course of that love was by
no means smooth. Walters rivals were the
preachers son and scoundrelly Hindu, by
name Bunder Poot Singh, self-proclaimed
prince and convert to Christianity, intent
upon saving the souls Of heather. Miss
Hamiltons father, cashier of bank, In a
weak moment advances the bank ~ money
to a sanguine inventor, Judge Mccain, one
of the odd and interesting characters OF the
book visionary in the extreme. The Hindu
finds out the situation and holds his knowl-
edge over Hamilton to squeeze money out
Of him and so ruin him. Captain Bluitt is
the patriarch OF the story, genial, humor-
ous helpful gentleman whose fad is an eX-
cessive admiration Of the ancient Romans,
which led hin, to favor Judge McCann's
catapult which performed such queer capers
that 1t mad to be abandoned.
There is, however, happiness for three pairs
| of lovers, and Walter Drury, with Dorothea
Hamilton as his bride, was certainly not the
| least happy of the grooms.
Commercial Trusts. The Growth and
Rights Of Aggregated Capital By John R.
! Dos Passos Of the New York bar. New
| York: G. P. Putnam's Sons. Minneapolis:
N. Mccarthy. Price, 81.
| The author delivered this argument before
the industrial commission at Washington in
1899 and it has been corrected and revised
for publication in this form. Mr.. Dos Passes,
after defining trust, giving history of the
! rise and growth of aggregated capital and
| arguing that legislation cannot control nat
| ural operations of trade or evolutions Of bust
ness and setting forth the evils of trusts,
! enters upon the question of remedial meas
ures. He takes the ground that the clause
Of the constitution giving congress power
| to regulate commerce was never intended
| as absolute authority for the general gov
| eminent to interfere with the internal affairs
Of the state. To regulate does not mean
| to restrain commerce and never was in
| tended to have such meaning. 1t was meant
| that the states should not deprive each other
| Of the necessary free and absolute inter-
! course between themselves There must not,
| therefore, be any federal legislation which
| encroaches on the rights of the states AS
to legislation restraining industrial combina-
lions, it must recognize the necessity CT
| homogeneity in the subject between all the
states similar laws must be by them framed
| ON the same line. The states must take
! up the question and legislate in uniform
way. The author holds that publicity is not
necessary in the broad sense in which it is
demanded. If the rights Of stockholders are
guarded by the states and the corporations
| keep their contracts with the states by
strictly following their charters, the public
has no more business in their private con-
Germs than 1t has with the private affairs of
citizens. He holds that the public are amply
protected by the laws against false and
fraudulent statements made in circulars to
get subscriptions for new corporations. The
| stockholders are protected by their right to
open the books and see how the concern
stands If the public and the stockholders do
not insist on their legal rights, that is their
fault. The argument is followed up very
vigorously. The trouble about homogeneous
state antmororoly legislation is that the
states cannot be induced to enact and enforce
homogeneous laws Of the kind. Texas, for
In orr fri tn axtingniSh OrpaniZad and
working capital. New York recognizes the
value of captalistic investment and seeks
to restrain monopoly. The root of the diff
Guilty is found In the legislation which lends
itself to the issue of mischievous and mono
poly-making charters 1t is very probable
that, ultimately. public sentiment will de-
mand and secure federal control and Hmita-
ton of corporate power. The tendency is to
such increase of GENERALIZATION.
"American Law of Assemblies" Is
) the title of a book just published by Ed A
Stevens Of Minneapolis. An aliterative line
in the title Is Pertinent Parliamentary Pro
cedure Plainly Presented" and further on ap.
pears instructions and illustrations which
, will Speedily Qualify any one with Average
Intelligence to hold his own on the Floor Of
act well his part in the Chair" This is thu
fruitage Of many years of careful work b,
Mr.. Stevens whose delight it has been fo
,, years to study this subject. The book is wei
indexed and so arranged as to enable thu
, reader to get at the particular question OF
which he wishes guidance without difficulty
!, ! 1t is we'll understood around newspaper offices
e that when questions arise in the mind of tn
local public bearing upon which there may b.
s any forgotten law or any overlooked prece
: dent, Ed Stevens is the man to bring it t.
e public attention. The book which he has jus
$ prepared will undoubtedly be very serviceabl
: to all kinds of public bodies lodges, con
: ventions, ETC., and we shall not be surprises
: to see it become the standard authority OF
s parliamentary questions