Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1904-06-23

that they should discharge the dogs.
their natural protectors and place
themselves under the protection Of the
wolves. Does capital on the one hand
and labor on the other desire such pro-
lection?
WHAT PRODUCES STRIKES.
"But the little politician cries out that
strikes abound here and there IN the
country. Yes they do, but contests that
lead TO strikes, where an adjustment Is
not made and where arbitration fails.
are quarrcls between organized labor
and organized capital about the divis-
ion Of the profits, AS has been well
said by another many years ago, there
were not many strikes when the Dem
ocracy had full power under Grover
Cleveland because there were no profits
to divide. There are profits to divide
now, and with a people who work short
en- hours, and who are on the average
more fully employed and with a larger
wage than was ever paid before In the
history of the human race for similar
amount of work they viii not be led to
destroying that policy which renders
these things possible because OF To-
tul tIouDle mere ana tneIe touching
division of the profits.
But 1t Is alleged that great industrial
combinations have been formed and
over-capltalIzed, and that they Cypress
their, employees on the one hand and the
consumer upon the other 1t is true
that extraordinary combinations have
been formed. That they have been. In
the main, capitalized to their fun value,
and by the aid Of the printer and en-
graver securities have been issued In
many instances to many times the val
ue Of the properties combining, is also
true.
ANTITRUST LEGISLATION.
THE Republican party, ever ready Is
keep pace with the industrial develop
ment Of the country, has enacted leg
lslation within the Constitution, pro-
hibiting such combinations; and Pres-
dent Roosevelt, our president and our
president-to.be, has kept his oath to see
to II that the laws are enacted. And
by the decisions of the highest courts,
the Republican legislation has been sus-
tanned, and the laws are being enforced.
All are equal before the law both the
high and the mighty the meek and
lowly, the capitalist and the laborer,
whose capital is his muscle intelligently
directed, the rich and the poor-all all
have equality of opportunity before the
law, and all. all must abide by and
obey the law. our civilization IL butt
upon obedience to the law. by this
sign we conquer"
I'VE enter the coming campaign with
the record of the Republican party,
under the leadership of Theodore
Roosevelt, feeling that we have made
progress and marked progress along
the line of law and order, contempo-
rary with the development OF our ma
terial interests.
AMERICAN WEALTH.
I'm addition to this, ana as a further
illustration Of the condition Of the
country, let me call your attention to
the fact that the people OF the United
states have far greater wealth than
the people OF any other country on the
earth. Capital is abundant interest
rates are decreasing and capital seeks
investment. And while the law pro-
hibits unlawful combinations, great
blocks Of competitive private capital
have been and are being invested In all
the Industries of the country. IL can
be easily foreseen that wnen a legiti-
mate plant comes into competition with
a plant that is capitalized for two or
three times It's value, the oyer-capital-
lied plant will go TO the wall, 1t Is an
open secret that within the last two
years the shrnkage from over-capltali-
cation has been many, many hundreds
OF millions Of dollars. The property Is
all there now as Il was two years ago.
but the wind and the water and the gas
have disappeared greatly 10 the advan-
tage of the people Of the country, And
yet on the average, ! say again, our
people are better employed and at a
better wage, and have neen for the last
70 months, than ever before, And not
wlthstandlng this great shrlnkage Of
fictitious values, the millions Of people
throughout the country who live In the
sweat OF their faces, do not know
thereof and are not affected thereby,
THE GREAT TRUST BUSTER"
1.-THE trust buster who is always
busting the trusts by word but never
by action. would lead the people TO be-
lieye that al Of the production In the
country is under the direction Of UNI
lawful combinations Behold how plain
a tale shall put that down. The stalls
tics carefully and honestly gathered by
the government show that competition
II, after all, the great force that regu-
lhltN lIouutllpH anu INV ~ - 9'u
take all the alleged trust properties en-
gagged I'm production In the year 1900
they produced IA per cent while the in
dependent factories produced SO per
cent of the factory product Of the coun-
try. IL is impossible 70 permanently
corner capital, and muscle and the raw
material which nature has produced in
such abundance.
but why multiply words2 The
history OF the country from 1898 TO 1891
Tor the four years under Cleveland and
Democracy as compared with what we
have today, tells the whole story. That
OF Cleveland was marked with diasen-
sion and disaster, not only TO his party
but To the people, and that Of Mckinley
and Roosevelt add the harmony and
prosperity unparalleled.
ROOSEVELT AND MCKINLEY.
1.-THE last word OF aRepublcan nation
al convention. held at Philadelphia IN
the year 1900 was Overwhelmingly en-.
dorsed by the American people and the
remarkably successful administration Of
Mckinley was continued; but In an
hour OF universal peace, when partisan