The Leon reporter. (Leon, Iowa) 1887-1930, 1903-09-17
great American Republic when compe.

4 6AUAG AMSFASdA 1t0puDllC WQ00 Com0o
ttion Is thing Of the past The trust
magnate Of this day and age desires
combination for the purpose, first, o.
economy, and secondly, to control the
output No serious objection is haG
to the combination that exists fe.
economy. In this day and age it is
one OF the necessary adjunets of all
we'll governed institutions. The Dem.
ocratic PARTY does not stand in the
attitude of condemning absolutely all
combinations. Combinations, forme !
for the purpose of economizing results,
for economizing in labor and material.
and at the same time, tending to les.
sen prices, meet the appreciation of the
people.
Such combinations are not in the
mind of the trust magnate. His
economy is used to bring in greater
profits His economy means the dis
charge of laboring mon: it means the
closing of mills. If necessary to main
tain the price; it means the control of
the source of supply. 1t means the
control of transportation facilities. It
means the elimination of vast army
OF travelling men. the most faithful
barometer of the conditions of the
country and trade known to our land.
The Sherman Law and Combines.
So powerful had these combina-
tons become that in 1890 was passed
| the Sherman antitrust act For a
period of ten years, this law remained
silent upon the statute books of the
United States without an attempt at
enforcement; merely as a thing Of
| beauty, to be pointed at when occasion
! demanded, but not disturbed This
law has been derided, said to be I'M
constitutional, and every effort made
to bring it into disrepute 1t was
stated that constitutional amend
ment was necessary before combina-
! tons and monopolies could be dis
! banded. 1t was not until the Supreme
| Court of the United States had held
in the trans Missouri freight case that
| the Sherman law was constitutional
| that any effort was made to arouse the
beast.
Today, by reason Of a little falling
out between the trust magnates them
selves, we have the court of appeals
Of the Eighth Circuit declaring the
law to be constitutional and valid. 1t
was invoked by the government of the
| United States to dissolve the Northern
Securities company. 1t was amply sus-
| tanned by the decision of that court
| 1t is not more law that is needed to-
day, but men with capacity and will
to enforce the law we now have. Men
| with the love of country in their
hearts, with patriotism as their guide,
and integrity of purpose as their chief
Characteristic. No more strenuous
law could be placed upon the statute
| books of our country than the Sher~
man antitrust act. Why is it not en-
| forced? 1t is claimed the strenuous
one now at the head of affairs will
see that this law is enforced. What
has he done outside the Securities
case? The beef combine still lives
and the price to the consumer is
| ing Of few months ago has disturbed
| the peace of no one,
| 1t took the protection party over a
decade to realize that there was such
| law in existence. 1t has dissolved
| the Northern Securities company but
is it to rest there? Do you not witness
other great combinations, of more vitai
| interest to the common people, than
few railroad magnates combining
| high priced bonds and watered stock
and then falling out as to the distri-
button.
| Harvesters in Combination.
| We behold the International Har-
vester company controlling every har.
vesting machine sold to the western
farmer. Not an effort has been made
| TIA dissolve this combination. No
effort made to dissolve the coal COM
bination Baer's alliance with the
Deity still unaffected, and tie price Of
hard coal still manipulated and con
trolled by few men and railroads,
This trust is nearer the producing
masses of the state of Iowa than the
Northern Securities company. True,
it's original source of supply as To
material is controlled by the iron
trust but the combination known as
the international Harvester company
comes directly home. Competition is
aC an end if this institution continues
| A few years ago agents of different
machine companies would go to the
Iowa farmer, and not only compete as
| to the durability of their machines but
as TO price, but today, one price. one
Institution, and if you do not like the
price or machine, you have the pleas
ure of doing without.
This trust can be dissolved by law
but not one effort made SO to do. 1t
eliminates competition and again use
the phrase of Iowa's governor, SO trus
and so democratic, "the people are
more in need of competition than the