The news-democrat. (Providence, R.I.) 1906-1909, 1907-08-07
LLOYD PLANTED THE STANDARD


In 1894 there great cry the land Colorado
other repeal of the Sherman silver purchase
and it accomplished The first work tariff reform
we'll way had specuang wildly had de-
caed the Sherman law responsible for their losses
and next everyone became scared over the tariff
Few any, paid much attention the who putting his
finger the spot business and government policy
the onopost disregard of law There were comparatively
tariff and the which breed
being but the systematic violations of the
law the the Standard Oil Company had been laid bare by
congressional Investigations by the
commission.
The who this testimony pow
erfu possible Henry Dmarest Lloyd He published
1894 his work entitled Wealth Against Commonwealth He
chief danger
Mr. Lloyd powerful writer and while he did the cir
cuation of great magazine spread his charges and appeal
the hundreds of thousands yet he managed get hearing His
hearers though either the scholars to whom listened
the baiy of active business who had already sold them
either directly indirectly shemng still further
develop the wrongs he combating
week the president of the United States who has been
something investigator he took Office received his
commissioner of corporations report the effect that the profits
of the Standard Oil $ooooooo There in the
submitted this statement The history this industry
history persistent the methods
the exacon of xobant prices from the and the recev
Of profits for the small of who long
series of years, thus dominated the business
Mr. Lloyd in 1894 laid bare these industrial methods He
showed how small the group Of men control how cruel their
crushing competitors and how exacng
monopoly He put the thus upon the oil monopost Look
will the prices your territory any necessary
destroy you but lost nothing We simply make
responding advance other district You lose everything
We by possibility lose anything The United States
corporation department has its possession map showing
just this corporation divides the country present Things
have changed much with it in a dozen years
Those who believe that there any tendency radicalsm
the American people, that they mpulsvey should just
consider Mr. Lloyd clear quotations from decisions from
reports congressional committees from Knights of Labor pro-
from attorney generals findings, from Investigations
they that American the
axiom that large bodies slowly
How prophetic well how undeniaby these
words But the flames of economic evolution around
and find that competition has killed competition that
poaons grown greater than the and have bred individuals
greater themselves that the naked Of
property becoming instead Of property
of life becoming monopoly OF the necessae of life
There much be thankful for this the great
understand that these evils be remedd and seeing
their have the do their duty Among
this great field the who when
rying the tariff that reduced tariff that really
the bold voators of the law whom he denounced with
any that doing he would nure honest business
It has taken long time reach the place where he planted the
standard but the American people given rereang