Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-09-04
LIGHT
ON The TRUST
PROBLEM
NATIONAL CONGRESS
CALLED IN CHICAGO
Representatives Of Capital ana
Labor to Discuss important
Question Under Auspices of
National Civic Federation,

New York. Sept. 3-That the ma
tional conference on trusts and com.
binations. which is to be held in Chi
cago in October, will create unusual
interest already is apparent. Scores
of letters from men prominent in .he
various pursuits have been received
by the National Civic federation. I'M
der whose auspices the conference is
to be held. Almost without exception
the expressions of the writer's are
writers are highly commendatory,
and the opinion that great good will
esult from the exchange of ideas APP
pears to be general Among those
who have written In this vein arc the
Rev. DR.. Lyman Abbott, ID D., editor
of The Outlook; Samuel Glmprrs
president of the American # al ration
of Labor: Richard Watson Gillcr. cd
itor of The Century; John Mitchell,
president of the United Mine Workers
of America Judge Peter G.. Cir lsscuo,
of Chicago; Bishop Henry G. Potter,
Charles G. Dawes, the Chicago bank
er; John M. Stahl, president OF the
Farmers National congress, and Ma
hum j. Bachelor, grand mas ar Of he
National Grange
DR.. Abbott in his letter voices the
sentiment which runs through all the
communication when he says, "THis is
time when we need light no; heat "
Nearly all the writer's believe that the
greatest good will come from the wide
publicity which will be given the trust
question as a result of open discussion
by the leaders of thought who will
take part in the conference. 1T
seems to me fundamentally true, F"
writes DR.. Abbott that the interests
of the railroads, the shippers and the
general public are essentially one, and
that it is of the utmost importance
that men representing all these classes
should get together, compare views
and endeaVor to come to some agren-
ment as to the general principles by
which these eommeil interests can be
best served"
Mr.. Glider believes that "this talk
will help to bring calmness and cool
ness to the public mind, and Heaven
knows 1t needs them"
Judge Grosscup says that 1t Is full
time that the corporations. (which
have grown up as developments Of our
business life without much reference
to their relation TO the people as in
stitutions of and for the people be
looked into as institutions of and for
the people" Bishop Potter believes
that by bringing the whole subject Of
the administration of corporations into
the light we may be assisted by the
best intelligence of the land in clear
ing up a subject concerning which
there Is $50 much ignorance and so
much curious rhisapprehension." That
the conference will be productive OF
much good in that It will allow all
sides to meet and freely express their
opinion on what he regards AS one of
the greatest subjects has to deal with,
is the opinion Of President Gompers.
John Mitchell also sees much possible
good In open and free discussion Mr..
Dawes regards the calling Of the con-
ference at this time as a highly useful
piece of work He believes that the
| Industrial problems confronting the
country today demand consideration
by the best brains Of the nation. The
questions to be discussed at the con-
| ference are declared by President
Stahl, of the Farmers congress, to be
"the most important pressing for So
| luton before our people today"
| Grand Master Bachelor believes IL is
time "for serious people TO discuss the
trust problem, when President ROOse-
welt and the law officers of the gov
ernment, whose duty II Is to enforce
the Sherman antitrust act. openly
say that under II the business of the
country cannot be done today with
out violating It,"