Omaha daily bee., 1905-10-25

to the closing Of the packing house in West
Lincoln by the Beef trust. When he arose
to speak 1t was plainly evident that he
was angry.
"As listened to Mr.. shalenberger." he
said. Il felt uplifted and felt proud of
Nebraska. 1 enjoyed his speech, for I'm
II there was good words for the state and
something to encourage people. He did
not look on the dark side of things. At
the second speech ! feel humiliated and
ashamed. The speaker nothing but
wrong in everything. This is no time for
such utterance'
Kissed at Outset.
At this a number OF those present began
TO hiss, but the speaker at once launched
into discussion OF his subject and soon
won the closest attention Of his hearers.
lie said:
myself lost $4,000 in that West Lincoln
packing house. don't blame the so-called
Beef trust for II, either The eastern pack
eTs put beef In here at a less price than
and there was nothing else to do but quit.
How many of you are there in this hall
who would be willing 10 pay few cents
more for your goods In order to encourage
the home merchant or the little merchant?
Is there one of you VINO would make
such sacrifice?
] think the wave OF criticism which at this
particular time is going over the country Is
to a certain extent psychological. II Is
most useful and valuable that we have
them.
They come as rule during long periods
of prosperity, for when we as people get
our nose to the grindstone after period
OF depression our first thought Is to poke
thai nose into somebody's else business,
md Providence has fixed that rule in so-
ciety FOR t.,n purpose OF correcting the eN-
eesses and evils 20 which certain portions
GIFT are addicted and let alone too long,
1t. ffa,
as device for the distribution Of the
risks. profits. ownership and management
of.a business between individuals; it then
represents in collective capacity these
people in their relations to the public"
Pleads for sane Consideration.
Mr.. Dawes pleaded for sane considera-
tion OF the trust and corporation ques-
tlons. There are good corporations and
bad corporations" he said, "and 1t was
the duty of the citizens of the country TO
study the original contract which was the
basis of the corporation. and were this
done there would be less stock bought
and less people defrauded out OF money.
lie called attention to the fact that in
many instances where the system was
right and proper il had been admins
tered by dishonest officers and there was
no way to regulate against this.
II ls not the time for politicians and
officeseekers to look into these questions,
but the time FOR good, sane business men
to take them up. II was not rant and
hurrsh that got good freight Ets rates sts, for for
up by business men, headed by I. NJ. Ray
mond who was manager of the West Lin.
ranted and denounced in general, but now
quickly they skunk away In corner whcr
SoS ~ tse sR The nt thing tn do IS
prepare yourselves for this battle to set
lie these Industrial questions. Don't de-
ticular evil and then fight, and fight hard
Know your subject. Do like /. NJ, Ray.
mond did He studied his subject and ht
coin than anything else has ever done
You need freight rate revision I'm Nebraska
There is no question about that. Freigh
is shipped through the state at low rat,
and at a high rate In the state. The way
60 remedy the evil Is not through rantinf
and scattering your shot, but a determined
fight after you know your subject. Yol
bankers and you business men are th,
people to settle such things; not ranter
and politicians running for Office. thinl
the worst thing the people can do is I,
trust law. Suppose you do put those pack
ers in jail what viii happen? They vii
merely sell out, and then comes the small
West Lincoln experience. Here is tn,
proposition; You people in the west ar,
demanding higher prices for your cattle
In the east they are clamoring for lowe
prices on beef. Both jump up and how
that the packers are the cause of the low
prices here and the high prices there. Non
Of YOU try to investigate and hnd ou
what IS the cause Of these things
The yellow journals of the country ar
denounclng the Garfield report OF the In
Vestigation OF the Beef trust. / am her
10 say there Is no keener competition any
where than there Is among the packer
and I know the profits are the lowest pos
sible. The thing TO do is to study thes
industrial questions with good, commo
sense and not rant and hurrah for reform
Discriminate between the honest corpora
ton and the dishonest Corporation. PM
llcity Is the best thing for the regulatio
OF corporations. Why do you buy stock 4
ance shcet9 Stop the buying. Get IN
business men TO study these questions an
don't be stampeded by candidates for DC
litical offices who denounce In general.
Mr.. Brown stood by his guns and cam
back with a statement in which he sal
when Dawes was a resident OF Nebra SIX
ne wds an anti-railroad and anti-eorpora
tion man but since going 70 Washingto
aud afterwards securing fat position wit
trust company a change had come owe
him. The whole AFFAIR WAS a decided
unexpected bit OF spice injected into th
proceedings.
President TFsnery's Address.
The bankers began their meeting thl
morning. at which session the feature wa
the annual address OF President Trener,
Before the afternoon session had ad
journed about 80 bankers had registered
In his address President Trenery said:
!. Caring FOR the earnings and savings Z
an Intelligent and industrious people Is
trust more sacred than many of us reaIIz.
The greatest asset OF banking is confidence
destroy Il o. in any way weaken ID an
the whole fabric in measure suffers.
continued On second Pagel