Evening journal., 1906-11-03
Saturday, November 3, 1906.
THE FOUNDATION OF A SOUND POLICY.

TIE FOUNDATION OF A SOUND POLICY.
N'T0 one in these days arises seriously to defend
i Y the trusts Only a few years ago they
were boldly supported. Arguments advanced in
favor o. such combines by the henchmen Of Wall
Street and financial writer's on the large trust
ovrel or controlled New York papers, were that
great economies could be accomplished by trust
combinations. AS a result of these savings, com
mooifies things we buy and use and need, would
be made more plentiful and less expensive and the
consumers thereby would be benefited. Modern
industry tended towards the concentration o. c1pi-
tall Ii was the natural outcome of present indus
trial conditions.
The MARKHAM colectivists and Socialists long
before the trusts were openly defended by the
New York Sun and other such papers, expressed
the same doctrine OF alleged advantages of the
trust much better and more scientifically than did
the magnates who later unconsciousy and cruelty
adopted the arguments OF the Socialists but
there was this difference The Socialists hold that
the trusts. admitting the benefits alleged, should
be owned for and by the people, and that the
community at large should reap the benefits OF
concentrated capitalist production. That is mod
ern Socialism.
Financiers and private trust magnates who un-
Willingly based their own defence OF the trusts
upon Socialist theories, avowed that the trusts
should be owned BY private individuals who
should reap the profits OF improved methods of
industry. Consequently production of a country
gathers itself more in the hands of a few who
crush competitors. We then have a condition
similar 10 that which exists in this country to-day
in many branches Of industry.
The theory OF cheapened production by trust
methods is sound the gold in dollar. But
in the hands OF private individuals such as the
trust magnaes and exploiters of to-day il utterly
fails in practice The greed Of private individ-
uas a rule, knows no limit 1t is boundless
as the ocean. Il is swayed in this age by no fear
Of the laws of either God or of man. A Rocker
feller is a social and sociological monstrosty, "a
product OF mans Indifference and incompetency
rs a law maker Imagine a man FIVE hundred feet
high and weighing million or so tons walking
Gown Market street and YOU would have a natu-
raj freak equal to the Standard oil magnate as an
economic or business freak
Instead OF trust methods multiplying and cheap
ening commodities under domination of lawless
and goddess private greed, commodities too often
arc actually restricted in their output and prices
are advanced Far beyond what they should be
under normal conditions. Witness the ice trusts
refusal TO manufacture or harvest a sufficient sup
ply Of ice 20 make IT plentiful and the advancing
oi the price OF that necessity with the consequence
OF increased dividends for the stockholders
That President Roosevelt has no desire to halt
the warfare he has begun on the criminal trusts
that conspire 10 destroy the independent produce,
and follow ice trust tactics. is amply evidenced
by the recent speech OF AttOrncy-General MOODY
in Boston In his powerful address the Attorney
General declared that he agreed with Bryan tha
the trusts the issue in this campaign Tn
Attorney-General said that rebates of raroa,
companies were the most powerful factors in per
mitting the creation of trusts and destruction O
the independent producers lie served notice tina
the President proposed to continue his aggressive
ness against such combinations of capital. TIL
trusts are the great issue. The people at tn
coming election in Delaware are called upon 4
declare whether the President in MS giganis
undertaking shall be supported or not. Ii is
momentous and heart stirring Subject. set bacl
Tor the President world cause the trusts to rais
their hdcous heads from their high hiding places
They would once again find defenders on all sides
They would once again assert themselves as tn
dominating force OF the country They woulC
seek to establish ar industrial slavery TO bind tn,
small producers and the consumers in fetters O
iron. The battle would have to be started al
over again.
Voters OF Delaware can support the Presiden
IN his policies and tactics by voting for Dr. Bur
ton for Congress. Those who want TO fasten tn,
wretched shackles Of the trusts upon themseive,
and defeat the aims Of the President have onl,
to vote against the Republican candidate for Con
gress The fact remains and is uncontrovertec
that Roosevelt is the only President within tn,
memory OF the present generation who has mad
enecuve battle against the trusts. Shall he b
supported or shall he be rebukeds By your vot
you will either approve or condemn his work an
Dy voting against his administration you may s.
ne his hands as to prevent continuation of hi
lmmeasurable usefulness to his country.