The Savannah morning news., 1904-01-28

Springfield, ILL.,, Jan. 27.-The princi-
the Illinois County and Probate Judges
Association to-day was Judge Peter S.
Grosscup, of the United States Circuit
Court at Chicago. His subject was
1.-THE next great step in American Poll
tics the Repeopleizing of our Coun-
try's Industries"
After expressing his friendlness to
honest corporations as civilization S
way of welding large masses of capt.
tai" and his friendliness to law-abiding
labor unions as the embodiment in or
ganization of the natural law OF self
preservation" Judge Grosscup sketched
the present conditions and complaints
of employer, employee and the general
public upon the relations of employers
and employees. He said: 1T has come
to pass that instead of peace, the
standing relation between them is that
of war. They look upon each other,
not as neighbors or co-partners, but as
belligerents. When they sleep, 1t is
upon their arms"
1.-THE employer deals in this day, not
with men, but with republics OF men,
not with individuals, but with govern
ments, self-constituted governments
inside the greater government caileo
the state. Employment of labor is no
longer a matter of bargain and con-
tract; it is matter for treaty. Ior
diplomacy, or for war;
He referred to the indifference OIL IA
boring men to the owning of property
even their homes, and the underlying
causes for this change, chief of which
is the drift toward paternalism inspired
by labor unions. Calling attention TO
what he called 1.-The most recent phe-
nomena in industrial evolution the
rapid withdrawal of the great mldule
body of our citizenship from ownership
in the industrial properties or the
country-Judge Grosscup said: Dur
ing the last twenty-three years the
CAPITAL deposited in the banks OF the
country has increased nearly Slo,oUV'-
0O0 900 This capital largely, has come
from men in the ordinary circum-
stances of life. 1t measures the capital
detached during this period by TINS
class of our citizenship from active
proprietorship in the industries OF the
country. 1t marks a tremendous shift
in the personnel Of active proprietorshlp
"A shift as significant as If in that
short period nearly one-half the farm
ers of the whole country had sold out
their lands and goods to a few. men,
loaning back to these, with when 10
carry on their enterprises, the larger
mart of the purchase mon y. The shift
due 10 the sense of insecurity the peo-
ME feel in the ownership of corporate.
property as corporations, under exist
ing state policies, are now permitted
to be organized.
II have no fault to find" said Judge
Grosscup. with the corporation legis-
Iation of the last Congress. To
the extent that it will get together the
data on which to build future ma
tional policy respecting corporations, II
is constructive legislation. But If 1t
stop at that. or, what is more
likely. if 1t turn its whole thought to
what is known as publicity-to the
turning inside out of the affairs of
present Incorporated enterprises. and
those that shall come after them
Leaving It to the five and forty states
10 organize as corporations are now
organized, these that do come after,
the legislation will have wholly missed
the mark. What is to be sought is
not so much publicity as prevention;
not 40 much the turning of incorpor-
ated enterprises out Of doors. where