The Cairo bulletin., 1906-08-31
BRYAN'S SPEECH
concluded from Second Page.)
Offenders.

offenders.
"gnt il IA not sufficient to enforce |
visiting laws If ten corporations con
spiring together in restraint Of trade |
are Threatened to punishment all they
have TO do now is 10 dissolve thelr
.anarata corporations and turn heir
nronertv over to a new corporation
The new corporation can proceed 10
do the same thing that the separate
corporations attempted, and yet ho'
violate the law. We need therefore
new legislation and the Republican
party not only fails to enact sueh
legislation. but fails even to promise
il The Democratic party must be pre-
pared to propose new and efficient
Legislation,
Recent investigations have
brought to light that nearly all crook
edness revealed in the management
of our large corporations has been
due 10 the duplication of dlsectorates'
4 group of men organized OF on
tanned control of several corporations
doing business with each other ana
tban nroceeded 10 swindle the stock
Iholders of the various corporations
for which they acted. No man can
serve two masters and the dlrecoT
wbn attempts to do so will fan NJ
matter how much money he MAKE
hafore his failure Is discovered. Many
of The trusts control prices by the
same methods The same group Vi
men secure control OF seYeral com
netting corporations enG the manage
! mont Is thus consolidated. 1t Is worth
! while 80 consider whether a DO"
: NAV not be struck at the trusts pS
law making IT Illegal for the same
|, nerson to act as director or oHice'
G Of two corporations which deal VIII
= oach other or are engaged in th'
same business.
4 still more far reaching remedy
was proposed by she Democratic plal
form of 1900. namely the reqolrlhs
Of corporations to take out teaei d
license before engaging in interS'a' =
I, commerce. This remedy Is simple
o easily applied and comprehensive IL
- recurring of a license would no' en-
a harrass legitimate corporations
would scarcely inconvenience them
= while il would Genuine the predato'
. oornorations 70 the state OF thel
origin. Just as license to sell llquo
LEAVES the possessor of the lceus
70 ell only in accordance win Tn
laws Of the state in which he resiue'
Il. so a corporate license granted 10y
federal commission would not iute
r fere with the right Of each state
Iragulate foreign corporations doih
. business within it's borders. II co
al norations were required 10 take a le'
eral license the federal goEerhmei
could then issue the license upon tn
IN terms and conditions which would pr
tect the public. a corporation dlnei
r. from a human being in that IT has I
natural right, and as all of lis rign
n ara derived from the statutes. II ca
~. Ina limited or restrained accord ng
The public welfare may require. II
control which congress has over
terstate commerce Is complete al
az congra- can prevent the uansp'
"" alton Of lotter ticket through 4
- mails by the express companies
I,v f,eipht n can certainly forbid t
use of The mails the ra lways ana I
telegraphs to any corporation when
o" endeayoring to monupolize an aTti'
iof commerce and no party can long
credited with sincerity If 1t cohdeHi
-lihe trusts with words only and IN
parmits the trusts 20 employ an
instumeptalities of interstate CO
meree in the carrying out OF IFS
d" farious plans. Il j. far easier TO ?
a.. went a monopoly han 10 waich IL
punisb Il and this prevention can
accomplished in practical way
p, = refusing a license to any corporal
!. which controls more than cert
T. .proportion of the total product
lnroportion 10 be arbi rarily fixed
"a point which will give free opreal
TO competition.
The Tariff Question.
II = The tariff quest on J. very 'ip
= slaIlied 10 the trust question and
reduction Of the farin furnishes
n. easy means Of limiting the eXtoI
which the trusts can practice.
While absolute free trade ="
- not necessarily make a trust 10
ESS sible. still lt f. probable tha'
few manufacturing esiahiishm
would dare to enter into The GO
the president weIe empowered %
I on the free list ar icle. comp
A with those controlled Dry trust
III In shall take occasion al an. early
81 mo sonsider the tarin question
~ Al length. I cannot permit n
Isunry TO pass without expressini
opinion that the principle emDodl
k.a