The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1904-07-27

i frankness that the Sugar TrustsWasz
formed TO control the price md he;
/ production of sugar in tn 81 lnited
states. Evidence was presented AZ
the same investigator that the Trust
controlled the sugar busfnesss Ven
Z down to the retailer. by system of
i factors agreements. and tn groeergS
4 who would not sign these ia ctoEs
agreements to sell sugar at he price
! dictated by the Trust had their SUP
| ply shut off. It was shown that even
with the tremendous capital fzatious
1 the Trust paid dividends of per-
cent 1t was also shown that severn
or eight large refineries were shtIt
down and that between 5000 and 4, 900
men were thrown out OF employment
permanently.
committee. which had gone Into the
tobacco. rubber and wall paper trusts
as well as the sugar trust. declared
| that every such combinat ion was acc
companied. by enormous capitalize
ton. and was general u olIowed BY
successful effort to distribute It's
stock to the public through he & ham
nels of speculation. Every such COM
bination was followed by the closing
and dismantling Of factories the iss
charge of labor and the concentrat ion
of the business of many separate ogs3
ganizations into a. few Of the nj an
factories controlled by the cont 40
ton
To this report all the mem beers ct
the committee. save one. a I'll xed issa
signature. The dissenting mem eF
was Patrick H. AIcCarren, VIII made
minority report defendin the
trusts, and especially the sugar tFasI
as benefit institutions.
Was it by mere accide tia ii ESQ.,
two trust beneficiarfes and defenders
were put in charge Of the eD nocrafte
campaign In New York? NJ eyer. In adj
dition to having been stoc kholae r
In the Sugar Trust is a director ills
a half dozen or more trus tss i esi IS 8 n
millionaire and is personal y al qua int
ed with the magnates OF Wall street
No sooner was the New YoTlS q eIegas
ton secured for Parker than N ever
began to pass the hat. In Wall 81 reefs
for funds to promote the Parker can
didacy. saying that Belmont had
borne all the expenses to 81 nd
that others should help deISSfpzz
get Parker nominated. II is funt ON
is to collect the money rom be-
trusts, while McCarren is5to spend IT,
where it will do the most goosls
bIcCarren was known for years rs TIE
worst man" In tho Jew YorlS3 Ilegi sss
lature, and money laced issa
hands will be used on other han sun
day School principles
One other point remains To- be tai lem
from the record. At the Democratic
State convention, which chose the
Parker delegation, four Presi denfial
electors-at-large for the State we're
elected One of theseawas James r.s
Woodward, president OF the II anoserss
National Bank, of New FORK; another
was Henry Payne whitney, SON Of he ss
late William c. Whitney. and q third
was Isador Stratus. These wi hdrew
several weeks later, under q loud Cont
cry from the Democratic press led by
the New York World, because one as
president of National Bank and the
others as directors in such IN stituss
lions, were ineligible ttnde Ter he ia ~
They were put on the tic et. for the
same reason that Meyer and MEGA
rem were put in charge Of the ca ms
paign work, to invite the condd encsS
and contributions of the monegedI ms
terests of Wall street.
1t is said that the Democrats y iII
be able to collect q large cam I'm 81
fund this year for the % rsta tim sls3s
many years. Where viii they get 49,
From the trusts which are angry at
President Roosevelt because he RES
fused to allow them to violate tfess
law, or to look upon them as above
the law. VIII The trusts give money
to Parker. in view of the nj i5tru ST r.
plank of the ST. Louis pie tfortn ssssysIh 81
should they not2 That no IS his
plank, but Bryan s.. IF arker's plank 4
in the New York platform, and tIes
trusts can easily get assurance from IS
Belmont and Meyer. t tlH at he wi stand
by that.
Consolation For Democrats