The Birmingham age-herald., 1906-06-12
THIS IS SO SUDDEN
 SAYS W, ], BRYAN Hears First News of the
 Growing Boom
TALKS ABOUT BEEF TRUST
Inevitable Tendency of the Private Monopoly Is to Increase Price of Product and to Lower
 the Quality.

Berlin. June 11.-"Thls is so sudden,
 said William J. Bryan, with a laugh. when
 he was told today of the adoption by
 recent state conventions of resolutions
 favoring his nomination for the presidency , of the United States in l9OS
 This is the first announcement of the news to me-" MT Bryan continued T have been off the main caravan route for some time and have been absorbed in
 what I have been seeing and doing. Mir Bryan had been moving so rapidly since he left Vienna on Saturday that let- ters and telegrams for him did not reach him until today. As to the possibility of his nomination.. he had little to say, de- | clarng 1t Is too early to speak of that question, but taking up the subject of the present requirements he said:
 Democracy vs. Socialism.
 Before leaving home l tried to distn-
 guish between democracy and what can properly be called socialism. Democracy
 recognizes competition as legitimate and protects the competitive principle from
 attacks; socialism sees competition as an
 evil to be eliminated by public owner ship and operation of all means of pro-
 duction and distribution. While this dis tlnction between democracy and socialism
 should not be overlooked the democratic
 platform must be one of progress and re-
 form, and not merely of opposition to re-
 publican policies or socialistic ideas. In l our fight for the absolute elimination of ! private monopolies and for the regulation
 of corporations in general It Is necessary that the party shall be free from any
 suspicion of alliance with the corporate i interests that have been dominating Amer ican politics To this end campaign con- trlbutions must be limited to those who
 have the public interest to advance. I trust that the public sentiment will re-
 quire all parties to keep all their books open so that hereafter no party will be under private obligations to shield cor porate offenders"
 Alludng to conditions in the meat in- dustry MT. Bryan said:
 Talks About Beef Trust. "The beef trust is not different in char acter and methods from other trusts. Tho inevitable tendency of private monopoly is to increase the price of a product and
 to lower It's quality. Why should any one expect anything else from trust than the lowering of quality, when a monopoly is established? Observe, have used tho
 words private monopoly, not public. In a. private monopoly q private interest is Get up against those of the whole people. Quite a different principle comes into operation when the interest of all is alone in view"
 Herman Ridder of the New York Staats Zeitung and MT. Bryan had long talk today on the present situation in the United States. MT. Bryan will leave here for St Petersburg tomorrow and from there will visit Sweden and Norway He will arrive in England early in July and will then visit France, Italy and Switzer- land. He expects to sail on the steamship Princess Irene from Gibraltar on Au- gust 2O and to arrive in New York on August %