The Democrat-sentinel. [volume] (Logan, Ohio) 1906-1935, 1907-01-31
TOO MANY
MONOPOLY
SENATORS

what he said, | must state that 1t
was not Senator LaFollstte-said
t. me today, someth ny like this;
II think that the party that |
believe in, the party with when
| have been associated in all my
political life, is sowing the wind
and will reap the usual crop. we
have gained many senators from
states in the North, and yet al
most every senator that we have
elected is one way or another as
sociated with trusts and mono
lies. When ! see the head OF the
powder trust brought to the Uni
ted States senate, and thereby en-
abled to exert powerful influence
over the government in its pur-
chase of powder, | must admit
that my party loyalty was given a
shock. And go | feel when ] see
one after another. senators elected
or reelected, who represent speci-
al interests. | have no sympathy
for the attacks made upon the
senate bv sensational journalists,
and | believe that many, or even
most of the men sitting there, are
men of high sense of honor. But
] do believe that the people Of the
country viii not stand very much
longer for Mr.. Proctor, who sells
marble TO the United States; or
for Mr.. Dryden, of the insurance
trust; or Mr.. Dupont. OF the Pow
der trust; or for Mr.. Knox Of the
Railroad trust.
"We have our political senators,
who are interested in their own
oesronal advancement. We have
Mr.. Foraker on the Republican
side and Mr.. Bailey on the Demo
cratic side. But at least neither
one is openly and avowedly at the
head of monopoly. The more of
these trust senator's that the Re-
publican party elects, the more
certain will be the tidal wave that
will sweep it out of political pow
,er in this country"
This is the opinion, not merely
OF the senator whom / have quot
ed, bat of most observers here at
the capital. The feeling is that
the senatorial elections, which
have largely increased the trust
representation in the United
States, are likely to result in ihe
destruction of the party respon-
sble for them at the next nation
al election.
There is an coment OF humor In
the efforts of the interstate com
nlerce mission to get at the
bottom of the Hartman control of
railroads. The commission has
found out the fact and made them
public, but to the questions,
what are you going to do about
it2" 1t has no answer.
Hartman owns or controls the
Union Pacific, Southern Pacific,
Oregon Steamship line, Oregon
Railway line, Illinois Central, the
Alton and San Pedro roads. How |
much his holdings are in other
roads west of the Mississippi river
will not be known until some pub
lie authority compels him to di-
vulge this information.
OF course, no man has money
enoght TO buy these railroads, or
even to buy controlling interest
in them. The United States gov
ernment itself we are told, could
not afford 10 take them, and man
age them fer the good of the pee
pie. But this little be-spectacled
man with lust for power and an
for money, has been able
to do what apparently the people
the United States government say
they cannot all acting together
do.
lie has done it so easily. He
gets control of one railroad and
bonds it for, we will say. roughly
speaking, 100000, 900. Having
absolute control of the board of
directors he borrows enough on
5hls output Of bonds to buy con
.rol of another railroad, bonds it,
md uses those bonds for collateral
'or further loan. Carrying on
hir device of bonding and bor-
owing, be has been able TO build
hs greatest personally controlled