The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-03
THE IOWA IDEA" UP.
Senator DOIIiyer Sprung II on the
Republican League.
lie TREATED OF THE TRUSTS AT LENGTH
Said that Free Trade Is Not the Remedy
and Alleged He Believes They
Win Suicide.

| ana hhe0eu ne. believes they
Win Suicide.
Chicago. October 2-"The Iowa Idea
came to the surface tonight az q mass
meeting under the auspices Of the National
League Of Republican clubs. which met in
annual convention hero today.
United states Senator ]. p Dolliver Of
Iowa was responsible. Mr. Dolliyer said ia
pert; LET us look az the Iowa idea FOR
minute. Il has been presented to the coun
try as the sudden impulse Of dissatisfied
mischief-makers with the republican party.
On the other hand, It IS the mature judg-
ment Of one whose mature wisdom nus
never failed the republican party IN the
rorty years OF his interrupted public sefv-
Ice.
"our people realize the value Of large
| capital for the transaction II o great husi
ness and especially for he commercial con
quests upon which We are now entering.
ncy but recognize also, the danger OF
abuses both n the organization ana man
agoment Of great industrial enterprises ana
would nave the government of the United
Stntcs stand hetwecn the community and
the reckless pCrYersion Of benehcient laws
! ot corporate property. Even ID were de
sirablc to Kill the trusts, II could mol be
{
tlclr foreign competitors pay at our Gus
! tom houscS, Even Mr.. Bryan, who talks
| ol putting the captnins of industry into
| chain gang nnd sending J. T.. Morgan forth.
! with 10 the poorh0usc and then TO the
| pcnheniiary admits publicly that the FREQ
| trade remedy falls very short of the OBJ
| jccls be hos In view. Nearly every sober
student OF the subject admits that Il was
/ me pressure Of competition which has
| drawn some Of our Industries first into|
! groups ana then into gigantic combinations
under single corporate management. Our
| farms nave been defended out of cOnsid
! Grafton fot infant Industries, but that is
I rot the foundation Of the protective policy,
/ lhey nave been defended ON account OF
| the difference I'm the wage scales OF Euronp
ana America; but that is not the foundation
! Of the PROTECTIVE policy. The long dcbutcs
| that were held ia other generations about
| the rates Of duty, whether the wall should
| be low enough 10 allow foreign merchandise
! To Row over 10 or high enough to barely all
! low 10 to leak over or 10 be- pumped oyer
! failed utterly To- comprehend the principle
/ which has ideuuhcd the doctrine of pro.
] rrllgn VIII the present day miracles OF
] our industrial progress Protection ln the
/ RsticGtlon Of IFS design, as described by
! from abroad says Mr. Blaine IN his faW0u,
| chnpter on the tariff qucstion in its RI.
/ iniloh TO the political revolution Of 1876 IN
! twenty Years VI Congress hut II rs based
! rn the controlling principle that competi
| ton at hoine win always prevent monopoly
| 90 me part OF the capitalist assure good
/ wages tp lhc lahorcr and defend the con
| sumer against the evils of cxtortion'
SOME TRUST STATISTICS.
Tint principle. which never failed 10
Justify the doctrine Of protection IN any
period Of The past, is today passing through
an ordeal hardly even anticipated when the
tarln law VI 1877 was placed upon inc
| statute book The census Of 1890 has given
an accurate account Of the trusts ana whnt
they are doing, ana The daily reports of
| the market places Indicate what aclr pros
/ emf standing aud future prospects actually
| are. we know that they are Is1 I'm num-
| oer. representing the consolidation NJ 0}iu
| separate plants We know that less than
| ~ per cent ot TIE factory lunor OF thr
| country Is employed by them and only ia
| made by them, and leaving out chpmicals
| ahu the products ui iron and steel the per-
/ Gthj9Se D. lardiy visible to the naked eve.
| IA The textile Industries they are almost
| unknown.
Between 1890 and 1901 most or them
| nave heen established, ana I'm the nrgre.
! gaze counting all kinds OF stocks aud an
! hlhas OF bonds which they have Issued
| tp"ir gross capital has been SG.6Uu OUOu W
! trcm which at least S2OOO 400 snould he
ueuuGltl 20 cover spurious stoeb witch rep
| rVsehte nothing except the swiudhng prov
! ects of advcntLters and cheats MI rGmpon
] law so that, putting All the Concentrations
Whlch nave been enectcd m the last twelve
years together, 81 500 OOOUJO may no scr
down as their true aggregate COMMUNICATIONS
including their bonds. These cornorotions
nave enlarged our productive capncitv by
the adoption of new bona tde capitnl iu
deeroo hardly noticeable
lheF nave merely undertaken TO dazzlo
w SpeyllauVe world BY playing on the
b9pnlhr fancy for fun page advertisements.
ana III nearly every one OF thcm tho mo
i've or the organization has heep mainly
~ snleld capital already Invested from tho
Typct nv OF nntqrpl forces always present
~ me commercial world. II thev hive
failed In that, they have failed In evcrv.
tRlhg ana the power which some have heep
d di,e'q a would be used to wrong and hur
uen ihe community has not even proved
\ Itself 'oA'nS caro- OF
NM Hoi tn any body makes up his mind
permanent Institution. lei him consider tho
long list or ambitions combinations. which
nave already had their afrairs wonnd nm
~ the courts Of Justice Tho alcohol trust
tho lnseed oil trust the alknu trust tbc
asphalt trust he hicvcie trust and scores
, gotten ,,Ht5@sG names are now even for
I combinations Nine out Of Ton al tbem
We're bogus, aud without stretching fhe
law very much, thew have become cxfiuct
; The National salt company had "a iittlc
business before court of equity In New
jersey, me organization OF that trust
~ lets WINS looked on evervwhcre ak IA
step In the direction OF monopolirip, th"
, necessarles Of life
nc tho day Of settlement has already
come TOO soon tor the only fOrnldnhle IN.
situations, how has II Jared with those u,hc
! have 50 fur survived? Aireadr tbe ey,
9ence Is accommodating from which tbe
doom OF the trusts can DO forotoId even
ne most solvent anil best managed az
mem nll, The Agures Of the census sho,,
! ihat neither To the Industrial world nor
tue mercantile has the sman dealer who
inanages his business well ANYTHING In
rear from the oyCrgrown monopoiv Tbere
Is no room ~ tails discussion Tor yali, ~
l CARNATIONS OF despair In 10 thia tfno
the tariu policy 10 which we owe the
| nroanerous condition which now sirrounds
US has been the ally Of independent canit1i
~ ~ gtapplc with the modern trust avs.
ZEN hut " the day should ever come v,hen
4 lhe productive energies Of the AmerYean
people are imnotput IN the presence ~
monopoiv which for more than renera
l9n our laws have given 10 an our indus
tfles alike, Is not likely to remain 10 sn.
ilsh sgch a copsnlracv Of avbrlce ana
ROOSEVELT TO BE ENDORSED.
me convention was called 10 ORDER In
we First regiment armory here today with
aboat 800 delegates present representing
ne auxiliary Leagues from the various
States This number Is less than half tho
attendance which had been expected befnre
| the Illness Nf prnetbart rc,.o..t. -,