The Paducah evening sun. [volume] (Paducah, Ky.) 1906-1929, 1906-09-06
Lays Down Issues of Congress
sional Campaign.
Republican Policy and Rooseyelts
Methods Are Before the People
This Fall.
FAvORs TARIFF REVISION

Bath. Maine. Sept. c.-Secretary
Taft Addressed large audience here
lalt night and was given an enthu-
alastic greeting. Il was Secretary
Tafts only appearance during the
Maine campaign. lie was introduced
by Harold r. Swell. formerly United
States consul at Hawaii. whose guest
he Is while here.
Swell spoke of TAFT asNthe prob
able successor to President Roose'
welt.
: Taft In part said;
For the sake of clearness IN ex-
aiming into the character of the
evils and abuses which need restraint
and punishment we may divide cor
porations guilty OF them into indus
trial corporations. organized for the
purpose OF manufacture and sale OF
merchandise, and into railroad and
other corporations. organized for the
transportation OF passengers and
goods. Let us deal first with indus
trial corporations. The valuable
consideration moving 10 the public
for comforting the privilege and fran
chlse necessary In the corporation OF
capital In such corpGf lions is the
public benefit to he Nerived in the
lowering OF prices The temptation
to the managers. however. when the
Enterprises become very large is TO
tupWess competition and maintain
ifices and thus to deny to the public
proper share in the benefit sought
10 be attained. and 10 appropriate TO
TIE corporation owners an the profit
derived from improved facilities Of
production.
One method OF suppression OF COM
petition Is by agreements between all
the large concerns engaged in the
aame business to limit the output and
maintain prices snch agreements are
usually secret. and are difficult for
public officials 20 obtain proof OF;
nni when these agreements do become
public and are successfully prosecut-
"a this method is abandoned. and the
independent corporations that acted
together under secret agreements TO
maintain prices are absorbed into
one great corporation. so that the
large proportion OF the producing
capital In single industry is placed
under one control. Then competition
with trust thus formed IS exelud-
ed>byN genieus contracts OF sale with
middle-men. distributors and retail
dealers. who are coerced by the agents
OF the trnst Into a maintenance OF
retail prices and withdrawal Of all
patronage from smaller independent
and competing producers through the
knowledge and fear that the trust In
times OF active demand for its pro-
ducts will either refuse to sell or will
only at discriminating prices to
those who do not comply with its
conditions OF sale. The evil result of
such combinations and the injury
which has flowed from them have Civ
en- great importance TO the principle
OF law that acts done with the Intent
and result OF lnjuring another may
become unlawful and actionable when
done by many persons or by the use
o. many different instrumentalities
combined for. the purpose. although
the same acts with the same intent
when done or attempted to be done by
one person slngly would rot be un-
lawful. because neither oppressive
nor dangerous in result. This is the
BASIS for all antitrust legislation.
Mr.. Roosevelt, as president, from
NE very fits' devoted his great ener-
sles to facilitating and pressing on
the work OF uppresslng the trust evil
and the abuses OF organized capital
Reform in Regulating Necessary.
The necessity for reform in the