The free lance. (Fredericksburg, Va.) 1885-1926, 1907-08-22

II rates OBVIOUSLY. however. II L. TIM
possible FOR congress as a body to spend
the ting aad Dor TO do 81. AZ the power
l. 70 Pc exercised Al all practically a can
D. done only through a tribunal or an
ssoi'cA IKE that 81 the Interstate COM
NERVE commission. Hence congress may
crl"eut~ the power under proper leEisiA-
i've limitations and rules OF decision.
Opposed to Government Ownership.
s,ir,-
Ift~t because existing government rail-
WAYS are not managed ~ith either the
f'i't Hn'N or econotuy 81 privately man
aScc roads and the rstcs charged are not
thc public
second. because it would involve an ex-
pena'turc 90 certainly twelve billions Of
"'iarN 20 acquire the Interstate railways
debt
Third. because 81 would place IN the
h'n"S % a - ki-ss executive a power Of
control over business and politics that the
imagination can hardly conceive. and
would expose oar popular Institutions to
a~aN~r.
Air Hran is most insis;cnt In discuss
ans rate regulation that the present phys
t'.H ir- 80 IN roads In the country
should hr asr~rtsi ned Tor the purpose OF
nAiNN rates Peg allowing 10 the raIiroad
'"'.'',n'f- only = ftir profit on such val
uHtlor. Whru.Ner th. Interstate COM
fr H.t in uNiue rates 10 determine what
en- vn1'i c'~t now to rebuild any railroad
Do NH~ complete power 70 do 50. but IL
w" nit doubtless De found In respect 10
MOST cf chem chat In spite OF oN-r-capi-
i.i.rsf.on and lack OF economy in CON
-tru' ~ land Tor terminals and right q
WAY sNd 'v~t 90 cou~truttio have in
.fN.'~tu SD enormously that the total 81
% ir securities ui'nn which they pay div
'frN''s "nt interest a. not much. il any in
Evils Of the Trusts.
Z pass rrN f~'rl railway regulation and
fN' tf.-~ fI~iuE iu the discharge OF "A
pn'|t furf.of to the cviis which have
-f'" % "ui nf Oh" combinations existing In
'' 's Hi-fff~~. and so come 80 the sub
nf trr~ts rhe combination OF capital
' "iaufs 30 manufacture goods with
it' -. 'tcrf economy Is Just ss nec~s-
~'fN tf" u~~s wniing ~ the parts OF a
machine tc the economical and more
Rapid manufacture or what in old times
N~ n..d' ny hand The government
should not interfere with the one auN
''''r than Tire other. In the proper op-
Grafton Of competition the public WIN
soon share with the manufactures tho ad-
'aufas" ina lowered pric.S. When how
ever such combinations not only lower
the cost 10 themselves but arc able 70
control the market and maintain or raise
The o'a prices. the public derives no ben
DAt and is helpless IN the hands of a
monopoly
FcHr az tho existence Of such an abuse
l"d to Tho passage - tho antitrust law
7. lN'' IT. recognizes two forms In which
fhis rru mry 30 maintained ON. 4. nv
iii 7-refincut amour q number Of differ
'nt manufacturers II an article Tor the
ih 'Hfnrtrct 90 The rric~ OF the article
ana ~" suppression Of competition This
IS denounced when the contract Is In -
sfritnt or Interstate trade rs a criminal
onen~" against the rnite-l States. punish
bio hy tine and imprisonment. and a con-
~DirHNN which may b. restrained bv in
Junction I'm civil suit. Tho other form
Is denounced. with similar remedies
against &c. as a monopoly Of Interstate
trade and covers Tho union Of thu con
spring companies into one comnanv
which. hN owning all the plant or nearly
'-i NO riArt. engaged IN the manufacture
OF fne product and by u-c OF other do-
Vices controls the prices The supreme
court ~ tho United states has not defined
what "a monopoly under this section OF
the aufi-fr'rsf law U.s.
Free Trade Viii Bring Disaster.
como meow, tn ths question OF IN. tariff
its revision and IFS relation 20 the unlaw-
IN trusts Tho niuglcy tnrim was adout-
90 iuuri. eiv after the election OF AZ
III i>iriey- Since that time We have psSs...l
-1 We spanish war and have had a
81 ''e 'f prosperity and AN increase and
rrf.tn-.'n Of trade uurxamplcd In the his
.''h "t tH-~ OPP amy other country The
Republican principle OF the protective
fffir .e understand H. that through
fN. f'urf.s revenue law tariff should
'r oo.i'rt'd ON all imported products that
|"fuu.fF With American products which
VIII Hf boast equal o. difference. in the cost
" nr'l f"ftnr lu tl-- country and abroad
tnH tl.t "rnfrr ALLOW Hucc should be made
n fnI- -.H'rDurc Tor the reasonable prof
f~ fn OHH American manufacturers The
claim ~ 1rotectiouists and IL has been
fns-0...utis Justified ia the last l. thar
HfNirf Sion secures hiCh rate OF wages
iN' t.Nf mo fncuuraG, ment 10 gives TO
-Nr N'nr industry operating under the In
tunuN- of an energetic competition be-
t~ .rn American manufacturers. induces
,u p economics rs 10 reduce greatly the
nr for tnr benefit 81 the American puh-
De- ynd makes 10 possible 20 reduce the
tNtlt Without depriving the manufactures
'i r-'.t-d protection and a good front
Tho prescott business system OF the
country se~'e on the protective tarir. and
tnf attempt f" change 10 20 q free trade
Oasis VIII r'.rf tir'v load only 20 DISASTER
Wants Tariff Revision.
II is th" driv 90 the Republican party.
however. g" ~e' GO it THAT the tariff on inn
ported Hrti,i,~ does NOT exceed suls,an-
TALLY The reasonably permanent differen-
tial between the cost OF production in the
fnrei-n countries and that In the United
7ift'-'. and Therefore when changes take
place in the conditions OF production like
~ To produce q very large reduction in
tnc cost OF production in the United
states DO is time that schedules be re-ex-
tminfo and n excessive that they b. re-
duotd ~o as 60 bring them within the ius-
ulcniiou for the rule by which the
amount ~ turin to De imposed under nhe
prot"r tive system l. properly determined.
cannot close without comment on the
position of Hatant.Cc FOR the coming na-
uonal campaign. which President Roose-
Welt. 10y the intense carnrsaness. vfgor
couf-I 90 and success with which he has
pressed the reforms that rightly bear hi.
name. has secured 10 the Republican
party trimming. do-nOthing colorIess
p"iicy IT, face OF the proof OF business
railway and corporate abuses would Ger
tainly have driven the party from power.
however Ittlc responsibility for them
could bc justly charged 20 it, II was NOT
political advantage which the president
sought in these reforms. but the real bet-
t~rmeut OF conditions which he has ef-
tcctcd Stili the belief Of the people In his
sincerity. his courage and hts amazing
quality for doing things on their behalf
has won FOR him hold on the American
gnhic nt VIII. % even his bitterest oppo-
ncnts marvel and which finds few. IL any.
parallels in tho political history of this
country Fortunate party with such L
leader
81 - -