Rosebud County news. [volume] (Forsyth, Mont.) 1901-1906, 1902-01-02
THURSDAY, JANURY 2, 1902.


JUST WHAT THE TRUSTS WANT.
According to an Associated Press
dispatch of recent date M. l.. Lock
wood of Zeltnope, Pa, president of the
American Antitrust league. has given
cut statement in which he criticizes
at length the recommendations made
ny President Roosevelt for Il national
Jaw to govern trade combinations. Mr..
Lockwood contends that there is no
necessity for any further legislation on
the subject, that the rigid enforcement
Of the Sherman antitrust law would
De sufficiently effectual to restrain
nurtful trace and industrial combina-
tons.
He says: doesn't everyone know
that these Industrial combination hav-
destroyed competition, have created
monopoly and are now robbing the
American people IF hundreds of mil
lions of dollars annually to pay diyi-
dends on billions of watered stock, and
that some of these dividends are 48 per
cent annually for water and all? What
more publicity does he want?"
He alleges that the foundation of all
the vast fortunes which have been built
up in trade and manufacturing are
railroad rebates and DETERMINATIONS
Mr.. Lockwood alleges that trusts de-
sire just what is recommended in the
message, and that their attorneys ad-
vocated it before the Civic Federation
conference.
He says: ''Why is it that these at
torneys want to transfer this Question
70 the seat of national government?
The answer is that they want to get
lust as far away from the people who
are being hurt as possible. They
know that the atmosphere is great
deal different on this question in the
capitol Hobbies and in the hotel Hobbies
of Washington than it is in the states.
And would it not be we'll for the presi-
dent, who las sworn TO inforcc the
laws, to have his attorney general be-
gin proceedings in earnest under the
provisions of the Sherman antitrust
law against these trusts and monopolies,
and against the illegal railway CON-
bines, before he asks for. any further
federal Legislation on this subject? If
ne will see that the laws are faithfully
enforced against these trusts that have
paralyzed all capital except that
which is willing to 60 into the conspir-
acy, and maintain equal rights to every
American citizen over the highways
OF the land in the transportation Of
their products, he will be surprised to
see what d multitude of captains of
industry spring up ready to give the
consumers of America their necessities
at competitive prices-at per cent pro-
tit upon the actual capital invested.
For l say to him that these captains
of industry upon whom he relies, do
not own monopoly of the business,
brains, energy and producing force of
this people. Let him guarantee equal
rights and equal opportunities. and
the American people will take care of
the trade of the llworld. Neither will
they ask the people at home to paw 10
times the profits upon their necessities
at which they are willing to sell the
same goods i'll foreign Countries
He criticises the recent conference of
labor and capital in New York, and
says: ''They have created kind of
supreme court, and have made Senator
Hanna chief justice thereof. They
have set up kind of governn ent inside
of and independent of the regular gov
ernment of the ne an'e "