Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1905-05-08

cials and present the evidence Of its com.
pliance with the conditions. The evil
dence would show that it cont OILS go
large a proportion Of the total product as
to virtually fix the price OF oil. 1t would
b. denied a license 1t then could not
use the mails, the railroads, or the tele.
graph lines to carry on its business, and
would have to sell enough of its rehneiies
to bring it within the provisions Of the
law. And these independent refineries
would restore competition and, AS no
one of them would be permitted to oh.
tain monopoly, the reign OF the Stand
ard Oil company would be over. The
same is true of the sugar trust. the steel
trust, the coal trust, the cracker trust,
the starch trust, the salt trust, the har-
vester trust, the tobacco trust, ETC., etc.
1t must be remembered that federal
license is entirely different from federal
incorporation. The license adds fed
eral remedy to existing state remedies
without depriving the state of any rene.
dy it now has. Federal incorpora ton
would interfere with state regulation or
control, and for that reason is desired by
the trusts.
As was said in the beginning, the first
question to be decided is whether pri.
vate monopoly is bad. If bad, it ought
to be destroyed, and it can b destroyed.
Whether a private monopoly is bad de-
pends somewhat upon whether compete
ton is desirable or undesirable. If COM
petition is desirable, then private
monopoly can not be defended. If, on
the other hand, competition is bad and
ought to be eliminated, the right of the
private monopoly to exist is not yet
vindicated, for the question then present.
should accrue to the whole people or to a
few. Socialists affirm that competition
is bad, and that the benefits of monopoly
should be appropriated by the state
through the public ownership Of all the
means of production and distribution
The trust magnate who insists that com.
petition is bad and ought to be destroyed
defends the basic proposition upon which
the socialist relies, and the socialist
leaders have been quick to recognize the
contribution which the trust 'magnates
have made to socialist arguments.
There are three positions, therefore
one of which must be adopted by those
who discuss the trust question. First
that competition is desirable and should
be protected. Those who take this posi-
ton are in favor OF the determination o.
private monopolies and desire the enact
ment of such laws as may be necessary
to preserve competition by putting the
competitors upon as nearly an equa
footing as possible. The second position
is the position of the trust defender
namely, that competition is bad thini
and that a few individuals should b,
permitted to destroy competition ant
appropriate the benefits of monopoly
This is the position that the trust de
tenders must ultimately take, althou i
instead OF avowing it they are likely tt
content themselves with a general de
nunciation Of trusts, while they oppose
any effective remedy. The third posi-
ton is the position of the socialists, wh'
regard competition as destructive fore,
and who would substitute public monop
oily for private monopoly, the benefits o
the monopoly to be distributed by thu
government to all the meh bers of society
1t will be seen that this question is
far reaching one, and that it can not b.
considered without the discussion o
fundamental principles. 1t is health,
sign that the papers an periodicals O
the United States are giving SO mucl
space to the arguments advanced in sup
port OF the various positions.
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THE JURY TERN.
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