Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1902-10-01
GOV. BO|ES ACCEPTS.
Democratic Congressional Nominee De-
fines the Issues in Letter Of
Acceptance.
Trusts Paramount Question.
Would Put Country on Tariff Revenue
Basis-Future Welfare of People
Demands Competitor.

Former Governor Boies, democratic
nominee for congress In the Third Iowa
district, has addressed the following
letter of acceptance to the committee
appointed at the convention held in
Dubuque on September IL, to notify
him of his nomination:
Waterloo, Iowa, Sept. %, 1902.
Messrs. P. J. Quigley, Henry Parrott
and L. F. Springer, Committee.
Gentlemen:-Yours of the 18th inst,
officially notifying me of the action of
the recent convention at Dubuque, in
unanimously selecting me as the
democratic candidate for congress In
this district, and expressing the hope
that I would accept the same, is re-
ceived.
In no sen.a ssnmindfnl Of the honor
such q nomination conferp, Or uns kind
~ feeling Of those who rendered Ii i
want to consider the question it pr.-
sents from the standpoint of duty
which every citizen in government
like our own owes to the corsmon-
wealth Of which he is ne,nber.
In doing this I am compelled to recog-
nize the fundamental principle upon
which our institutions rest that the
source of all official authority from the
lowest to the highest of public servants
is the people, and this being true, it
seems necessarily to follow that they,
through sources nearest the seat of
that power, should, in the absence of
reasonable excuse on tho part of the
candidates, be permitted to select those
whom they desire to represent them in
public positions.
beg therefore to assure you that
profoundly impressed as am by the
responsibilities my nomination i'm
poses, and grateful as 1 shall ever
remain for the confidence it implies, l
feel 1t q matter of duty on my part o
accept the same regardless. OF amy per-
sonal desires Of ny own.
~ aotDsaRs it seems appropriate, If
-ee Necessary, inasmuch as no platform
Of principle was suggested by the con-
vention from which my nomination
comes, that should express my per-
sonal views on what seems to me the
most important question that now
agitates the public mind.
This is my judgment is the nations
duty in dealing with the great combi,
nations of capital that have been and
are still being rapidly organized in
many of our industrial pursuits, and
which have come to be generally known
% trusts"
1t Is no exaggeration to say the mass
Of our people are profoundly disturbed
by what seems to them the impending
evil of this new departure In SO many
of our business enterprises
The serious question that confuses
and hopelessly divides us is the remedy
that must be found for the dangers
they threaten.
In approaching solution of tina!
question we should endeavor to cor.
rectly comprehended its exact nature
To do this 1t is necessary to first un,
derstand of what q trust in the ordi
nary acceptation of that term, consists
In Its most Objectionable form, 1t is 9
combination of the properties of consid
cradle numbers of individuals or cor
porations, originally operated independ
emily of each other, into one larger cor
poration controlled through Its officers
by ssingle manager.
The dangers which result from these
greater combinations are more thar
one.
The mere statement of their constitu.
emit parts demonstrates that they must
OF necessity limit If they do not destroy
competition in every line of business in
which they are organized.
Another is the established fact that
separate owners of distinct properties
who consent to merge the same in the
common property of great combine
ton, and accept In lieu thereof, IS Ia
usually done, the bonds of stock of the
new corporation always insist upon ex.
brilliant estimates OF the values of that