The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

interest OF absentee capital: destruction OF
local public spirit: fraudulent capitaliza-
ton; secrecy; management for the private
benefit of the officials the power TO corrupt
elections, and in some cases TO corrupt the
courts: the want of personal responsibility
TO public sentiment; the absence OF personal
liability for contracts or wrong doing ana
the holding of vast properties in mortmain
In the dead hand il we may use the an
Gent phrase of the English law. But II mas
life enough for all purposes of power TO
serve the VIII that Yields IL. II is dead only
to the influences of any nerve which comes
from the brain or heart of the people:
Dwelling especially on the want or COM
petition, Senator Hoar said: There is one
central power alone with which the skilled
workman must deal and one dominant will
to which he must submit. There may be a
little help for him by joining a labor union.
where he gets the advantage of associated
strength on his side, but the labor union
knows no difference between excellence and
the reverse. The inefficient man and the
one dead level with the brightest and keen
est and most ingenius of his comrades.
Mr.. Hoar said that many as were the
evils done by the combinations of capital,
some of them would be counterbalanced py
corresponding advantages. and added; Il
confess like to see Pierpont Morgan GUY,
ing up great lines of ocean steamships.
like to hear of foreign potentates and prin-
cipalities and powers bowling down when
he visits the continent OF Europe. we neeu
great strength. We need great Individual
power IL we are to rival foreign nations In
the great matters which they also controi
by individual power. We must II we can
look out in protecting ourselves not to de-
stroy them nor to cramp them. We can
give them a law which will not impair
their strength and not check their natural
and rightful growth. and that hope is all
we mean to do. But it will be a bad bar
gain If we buy the dominion of the CONT
nent the empire of the sea at the cost Of
American local public spirit
Senator Vest used as a text for his re-
&C iv,fv aad
instructing the committee on finance to pre-
pare and report bill removing the duty
on coal. Feeble in the extreme and sup
porting himself on his desk. he called at
tention to the condition OF distress which
had arisen as a result of the shortage in
| the coal supply. There was breathless ST.
lence In the chamber as he spoke and every
| senator on the floor turned IN his direction
| in order to catch his words. He said that
| the question was no longer partisan one,
| but one Of humanity. and that we are not
| on the verge of q crisis. but actually in IL.
He charged the Republican senators with
being silent and dumb to the state OF af-
fairs. having only in mind the party cry
stand pat" He characterized the Ding
| ley tariff act as a sacred elephant with
| which nothing was to be done" He sar-
castically remarked that If the whole ques-
| ton was one of raising money for the next
presidential campaign that was the end OF
| the discussion.
Mr.. Aldrich took exception to some OF
Mr.. Vests statements, and at his request
| the resolution went over till tomorrow
| when Mr.. Aldrich will make reply.
The statehood bill was discussed for a
time. At 430 the Senate adjourned after
| brief executive session.
Senator Clay to-day introduced a bill Il
| provide for the free importation of com
| modities controlled by trusts. The bill en-
powers the President to issue a proclama
| ton suspending the collection of all Gus
/ toms duties on such articles brought from
| foreign countries This privilege is, &C
| cording to the terms of the bill. to be exer
| cised whenever the President shall becom,
| satisfied that there is combination in
tended to create monopoly by preventing
| full and free competition in the importation
| manufacture, transportation sale of AM
| commodity or article OF merchandise o,
| which is intended to enhance the price o.
| such articles The suspension proposed Il
to continue as long as the abnormal condi
tions prevail.