Omaha daily bee., 1906-11-01

dial reception.
Secretary Taft's speech.
Mr.. Taft said:
Ladies' and gentlemen: I come before
q Nebraska audience with great deal Of
hesitation because you have been used not
only 10 f6fcible spenking, but to oratory
apd eloQuence., and 1 can bring you moth
ING OF either came here, however, be-
might my friend, your Representative. Mr..
Kennedy, tApplause.) I know that you
kkn9w 2 good man when you see him.
the same interest, IN, tl,is district, in his
future representation OF YOU (Which have
no doubt 10 about to Gomez as he has In my
particular department IN Washington, j
don't know that there Is anything that
THE district my not hone for. applause.
should think he might get you q navy
yard here II he exercises as much dli-
gence and wears out the carpet OF the Navy
department as he has the War department
I am delighted always to receive Sen
ator Mtnard and your distinguished con-
Se ntsT ld put there were tines this last
presence in my once was not altogether
niece sEaTy. Qsaughter9
But the truth Is Mr. Kennedy Is a very
hard working representative, and n you
send him back this time he will become
pele valuable TO You even than he has been
during the present term, and / hope-I a
sure that there is no doubt about his re
Two years ago Theodore Roosevelt was
a larger majority than was ever given 10
any presidential candidate and with him q
republican house OF representatives with
majority Of something over one hundred
Two years have elapsed and now We recu
70 the congressional election. and the issues
the necessary issues, the question whic
you must answer and which the electors OF
this country must answer Is whether thar
congress and that president have done any
thing or have failed to do anything which
di6entitles them 70 a continuance Of the
eonneence which you 50 oVerwhelmings
y settle that issue is TO examine into what
u r that they have done.
Now the first subject that commends g.
self the one which has been made topic
OF discussion on every hand. is the subject
Of trustsi and perhaps We will get along q
little better with the discussion, think
some OF our democratic friends might gel
along a little better with the discussion
Il they first defined what trust was be
fore they begin to denounce 1t.
Definition OF Trust.
a trust Is q great corporation or a com
binatton which, by improper means, Ii
aVailing itself OF the Tree opportunity tC
Use corporate capital; extended TO Il 10y
the laws of this country, so as TO ABSORB
to itself the profit in its business which
Il ought TO divide with the public. II gen
orally does this by monopolizing the bust
But there are two ways in which IL acts
They are through our Independent corpora
ions that by a combination agfte that thel
viii uphold the price and divide the terri
tory OF those to whom their goods are &
be sold, In this way they are able to main
tain the price though they reduce the cos
of production, and they take over to them
selves that profit which they ought natur
ally and properly 70 divide with the pub
lie (Applause)
However. they 90 further than that
They ere subsequently absorbed into on
corporation, q corporation so large as Il
embrace eight or nine-tenths (often more
OF all Abe producing capital for that com
modify IN the country, and then througi
middlelpfn ana retailers they are able Z
maintain the price BY coercing the middle
men and retaAers
When the federid government comes &
deal With evils % this sort il IL limited b.
the constitution because it cannot interior
with any trade but interstate trade, I
cannof denounoe the evil or punish IN
evil In anything but interstate trade.
Nov this evil has been growing for tw
decades As far back as MI Cleveland
drst term the democrats In congress
adopted resolution Tor the investi"atio
into the question Of trusts and monopolies
They took a great deal OF evidence; lille
a book and then they conferred anon
themselves, They took the evidence an
they PASSED a resolution I'm Advance OF IN
presidential election, but the presidentla
election resulted IN Mr. HarfisOn's electio
and a republican congress- and So at IA
short session when they met they conclude
that they were unable 10 deternline Up n q
reach any remedy which would meet III
iifhcultla and 30 they turned the eVidenc