Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1904-11-04

loung Ameriea did not see il that way
because il wanted Ia stand all alone. A
protective tariff Ma ala early instance of
the general iasui.oIdlnA,loh Of this dis
leii-nt yOubFsl-r. Manufacturing fol-
flowed, aud ia due time the modern
methods ia vogu- ia the old world were
introduced. Tins vas the substitution
Of expensive machinery for hand !ahcr,
resulting ia the large gains that accrue
to economy. Young Americans would
not go slow aud store a modest eompe-
teucy il an old teapot OF stocking;
instead, two or more would pool their
resources, so that still more costly wealth
producing appliances were introduced.
Such successful method as this was
sure to appeal TO the cupidity of many,
so doing business in a large way became
general. We fluid that tine uitra-con-
servatiyes viewed with alarm this rapid
progress, visible not only in manufao-
turing, but in the retail trade; the
commodious and handsomely equipped
store. fitted to make possible in the
highest degree an economy IN the ex-
penditure of valuable time. These took
the place of the little shop much to the
disgust of the little shop keeper. Now
having an inkling as to probable results
how can we account for the fact that
"a vigorous protest in the form of boy
colt was not instituted to perpetuate
iudividualism Had this been done in
time we would have no trusts, and OF
course no campaign issue. Instead the
system was allowed to develop; and a
fit adjustment Of natural abilities was Of
course a consequence. Aud so marvel
ously forceful has been the inventive,
the constructive, and the financial genius
of the few that great many have willy
nilly ceded their individuality, and be-
come parts of magnificent machine,
which is enormously increasing the ma
tional wealth and prestige. The share
actually consumed by our monopolists is
the reward of peculiar ability. As rule,
these kings of finance aud business do
not dig hole in the ground and bury
their gains; the wealth of the country
is now kept in rapid circulation, produc-
ing healthy system by no means a
menace to the common veal. The dis
contented represent the class that would
become monopolists themselves, if they
did not lack the necessary ability. Sc
far as we have gone the law had no
jurisdiction over this tendency to anal.
gamation; but gambling instinct has
caused hundreds, perhaps thousands, OF
our people to invest their available
means in these ventures in the hope OF
large returns without personal exertions
The fruition of this tendency is the full
/ blown "trust." 1t is of no use blinking
at this thing-if we are perfectly just
we shall admit that the "trust" stand.
as monument to the ge6-rich-quick
propensity of the people, rather than te
the vicious legislation of any one party
AS we'll blame legislation that witcl
grass chokes so many of the gardens
Voters are told each election time thai
there is vicious partnership between
the republican party and the trusts
but as the regular republicans are de
cidedly in the minority, it stands te
reason that they are not the only one
in the tolls of an entangllng alliance
Does anybody believe that republican
only invest their means in the "wickedl,
oppressive" institutions? Do even higl
class democrats abstain from profitable
advertisement to the people of tn
whereabouts of the trusts? What hav,
democrats done anyway towards exter
mination? Mr.. Cleveland, backed by
democratic majority, was afforded al
opportunity during his last term. II
spite of his advice his congress slashet
right and left at the tariff. As result
many infant combinations and thei
dependencies were submerged, but tn
big trusts triumphantly weathered tn
storm. In view of Mr.. Cleveland
poor record as an annihilator of tn
system it is funny to see him adversel
criticising his successor, who has accom-
plished much more. 1t cannot be de
MED that this tendency to amalgama
ton and over capitalization should ge
some wholesome discipline. Presider
Mckinley realized the need and induce,
some trust legislation; but the difficult
of applying the law, through the necssit
to determine when state jurisdiction
ends, and federal Interference should be
gin, should not be underestimate
Unfortunately an Interruptions trus
magnate has some rights which govern
ment is bound to respect. A presiden
through his attorney general nigh
vary .as;ly hacoma louloss Il, r,nn;nr