Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1904-01-09

so Of iron and steel. the supplies of
which, when ordered, are stu being de-
liyered.
Then all at once It was found that
the home demand was satisfied. The
more conservative bushes men, includ-
Ing small merchants all over the cOun-
try, saw there must be a turning OF the
tide, confidence wavered, and the re-
suit Is the, condition Of today
THE FUTURE.
How about the future"
II have no fear CT that" replied Sem
ator Hanna. "Our normal condition Is
one OF good times, and the present de-
preston will soon pass away We al
ways move more slowly during the
year Of the presidential elections. As
10 the country. we have the same mus
Gle and brains that have succeeded in
the past, and we are AZ good as ever
In times like these. however, the seasi-
Bile man trims his sails and keeps close
TO the shore. began TO do 20 more
than three months ago."
THE AGE OF ORGANIZATION.
'But, senator, do you think great
combinations Of organized capital are
good for the country"
Yes, The great industries OF the
world can be carried on In no other
way, This Is an age OF organization
Such combinations are among the evo-
lutions Of our industrial development,
and they are to the interest OF both
laboring man and capitalist They
have increased trade and increased
wages.
"A few yearssvgo the balance Of
trade was againAus and especially so
IN the industrial lines. II Is largely ow-
Ing TO organized capital that we are
now not only able to manufacture for
ourselves. but to export to all parts Of
the world. This export trade will IN
crease and We shall hold our own as
the greatest Industrial nation on earth
by our combination Of capital and la
Dor.
NOT AFRAID OF TRUSTS.
II am not afraid OF such combina-
tons, the senator went on. III they
abuse their privileges. competition viii
regulate them. Every field OF industry
In this country Is open to all and ex-
traordinary profits VIII lead TO new or
CARNATIONS. our only monopolles are
those protected by the patent laws"
You occupy a peculiar position on
the labor question, senator" said /.
You are looked upon as representa-
tive Of both capital and labor. What
do YOU know about working menu
II have been associated with them
all my life. | have been n large en-
ployer of labor for more than 80 years,
and am now interested In enterprises
which give work to many"
What kind Of enterprises" asked,
Various kinds was the reply. Coal
mines In Ohio, iron mines in Michigan.
vessels and shipbulding works on the
lakes street railroads and various fac
tories and foundries.'
THE QUESTION OF STRIKES.
How about strikes, senator have
you had many?'
None OF Importance, and none which
We're not amicably settled" was the
reply. THE first strike Of which had
any experience was that OF the coal
miners OF the Tuscarawas valley. II
occurred In 1874, about 30 years ago.
Al that time | went TO Massilon, near
where the mines were, and lived with
the people. The strike was hard one,
and II caused great suffering, In try
ing to settle II, 1t seemed 10 me the SIT
uation was all wrong, and ] there got
the idea about such matters upon
which | have acted ever since, II Is
that unnn which tho CivIp Federation
IL based, and Is that all such things
should be settled by conference and
mutual Cancellation between the work.
men and their employers"
was that strike settled In that way,
senator" | asked.
"No; II was fought out 10 the end