The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-08-26
Daittt1 :ss1:s EaaIc
M. M. MURDOCH, Editor.
A STRANGE ANIMAL-THE TRUST.


Altogether we are having quite time with the latest
animal in the worlds enagerie, the Trust As the two
blind men who disputed about shape of the elephant
the man who got hold of its tail insisting that the ee
plant resembled rope. the who got its ear insist
ing that the elephant must look fan SO the scholars
go up individually against the Trust proposition and
each of the authorities brings new verdict
President Roosevelt touches upon the Trust in
New England speech He thinks that among the various
causes of Trusts has been the immense Importance steam
and electricity have assumed il modern life Less than
week ago M Hanna assured that it was the patent
law which caused them. President Roosevelt diferenti
ates between great corporation and great corporation
with design for monopoly and believes in their control
by the state His survey the question is deliberate
and rational Mr. Hanna refuses to participate in the
widespread fear of Trusts isn't in the least alarmed
over their tendencies Russell Sage. extreme money
list mser looks upon the Trust as a sleeping Pelee
The concentrated interests in hands of few he be
Heves will in bursting some day absolutely aattcn and
crush every interest in the country Then there is the pot
ical economist and the political who view the Trust
as deliberately vicious design the part of the Money
Power to ensave the people, who are by the way curl
ously. the Trusts patrons
IN the meanwhile J. Pierpcpt Morgan, the concen-
trated and consecraed chief ell fits from shore
to shore is sought by Kings and solicited by cabinets
to appear before them they may seee what man
ner of man ne is.
And we have a new definition for Trusts every day
Sometimes the Trust appears fan and sometimes
as rope. and never the same, and never as an en-
tirety
No one knows the Trust as matter of fact, and no
man can forecast the length time viii take for this
distinct economic evolution to mature and can
fathom its effect on the political of the nation
There can be no question that commercial su-
premacy as a nation is to come more quickly, if We
60 into the markets world through vast combined
Interests And the markets the world just con
stitute aim
There can be no question also. that payday is com
ing some time; that there is to be reckoning with
the corporation whose existence began with false vau
alton and a dishonest overissue of stock There are
$50 big corporations cassed trusts in this country
they have total capitalization of several billions of dollars
end are paying interest bonds of like amount
Some day the water will come out of them.
Mr. schwab does not earn salary of 100000 year.
No man or board of men can exact through personal
or supervised management the economy which is the
life Of every business endeavo as its absence the
death OF it.
The same principles that make peanut stand fnan
cialy successful break it. apply to the biggest
poration in the country The elimination the corpora
ton is delayed long but it is volcanic when it comes
ami the generation which has passed Just in time miss
being present when the next elimination comes will be
fortunate.