The Detroit times., 1908-08-25
Kern, in His Acceptance Speech,
ArraignS Ct. O. p. as Trusts Tool

lUOl
remedy which would
make conditions worse because. with
,ut adding 10 the power OF congress
% prevent monopolies IL would de
Drive The states ot the power TO pro
Get tLeir own people
The Democratic Plank.
Now, let me contrast the Demo
ratio platform with the Republican
platform Nowhere is the difference
IA the method of dealing with ques'
lnns-nlnre- manifest Qur- plalform
says
\ private monopoly is indefen-
sibie and intolefaSle We there
fore favor the vigorous enforce
ment OF the criminal law against
guilty trust magnates and officials.
and demand the enactment OF
such additional legislation as may
be necessary to make il impos-
sible for private monopoly To
exist In the United States. Among
the additional remedies. We speci-
~ three: First. "A law preventing
IA duplication OF directors among
competing corporations, second.
a license system which WIN, wtrtTE
OUT abridging the right OF each
state TO create corporations, or
it's right 10 regulate rs il will for
eign corporations doing business
within its limits, makes II neces-
sary Tor manufacturing or trad
ing corporation engaged in inter
State commerce TO take out fed
eral license before Il shall be per
miited 70 control IA much as
twenty Eve per cent OF the prod
net in which It deals. the license TO
protect the public from watered
stock and 10 prohibit the control
bv sJrJ'ff corporation of more thatt
itty per cent OF the total amount
OF any product consumed in the
United States. and. third, a law
compelling such licensed corpora
lions 10 sell 10 all purchasers In
al! parts OF the country on the
same terms, after making due al
lowance for cost of transporta-
ton.
No Apologies Offered.
Here is a plain, candid statement
II the party's position. There is no
luibbing, no evasion, no ambiguity. A
,rlyate monopoly is indefensible and
1t is bad-bad in prin-
iple. and bad in practice. No apol-
gy can be offered for II, and no peo-
lie should endure il. Our party's posi-
ion is entirely in harmony with the
OF Jefferson. With knowl-
dye of human nature which few men
ave equalled and none surpassed.
nd with extraordinary foresight. he
unalterable opposition 10
very form OF private monopoly. The
tudent OF history will find that upon
his subject. as upon other subjects
4 government, the great founder Of
ne Democratic party--seak- his posi-.
ion upon his side OF the whole pee
lie and against those who seek 70
make a private use OF government,
r strive TO secure special privileges
/ the expense OF the public.
| have. in discussing the tarin
uestion, presented one OF Our rem
dies, namely. the removal OF the
ariff from imports which compete
With trust-made goods. This. We be-
ieye. would greatly lessen the eXtor'
ion practiced by the trusts and bring
bout the dissolution of many monop
listic combines. But We are not sat
SIZED merely with the lessenlng OF
xteftieh- with the dissolution of
ONE OF the trusts. .
Because the private monopoly is In
efensible and intolerable, the Demo
ratio party favors it's determination
{ pledges itself TO the vigorous en-
of the criminal law against
rust magnates and officials. II Is I'm
,ossible for the Republican party to
nforce the present criminal law
gainst trust officials; these officials
re intimately connected with the Re
ublican party in the present cam
align. Take, for instance, the chair
IHu NJ tfrp Rtptbiieett- spea+ fef- &-eets.-
littee, Mr. Dupont, Of Delaware. He
: the defendant in suit which the
government brought and is now prose
uting. Mr.. Dupont Is charged with
collation. OF the antitrust law. Why
hould he be put on the executive com
nittee and then be given control OF
he speaking part eff the cam palgn2 IL
on talk 10 a Republican leader about
punishment for offenders,
e favors flning the corporation on
he ground that II Is Impossible 10
onvict individuals, but when you
rye fines you are told that fines are
Must TO innocent stockholders. We
art,f- beth aAe- and Imprisonment. but
20 think II Is better TO prevent mon
poles than To first authorize them
b-BFey upon the public and then try
0 punish them for doing so. Mr.. TAFT
avors control OF trusts instead OF ex-
but after years or ex-
erience the people have learned that
he trusts control the government.
"Our platform does not stop with
he enforcement OF the law; II de-
hands the enactment OF such addi'
tt,frstii legislation aS-tnaY- he necessarX
o make II impossible for private
to exist In the United
itates
The Democratic party does not con-
ent itself with a definition OF the
wrong or with a denunciation OF 1t.
I proceeds TO outline remedies. The
rst IS a law preventing duplication
I directors among competing corpor-
tons No one can object to this
emedy unless he is in sympathy Min
no trusts, rather than with the PEG
le who are victimized by the trusts.
here Is no easier way OF sitting com
etitlOn than TO make one board OF
directors serve for "A number or CON