Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1908-01-24
Public Opinion and the Trusts.

when he as, rtvd hat the trust is
not = I.ttura. 9ru..th, Is ties" ora
tors lave >,,.urw.~.y commended il
WAS. from thr Platform and through
their pr,>> \ casual investigation
p.u\r> that such contention can NOT
hr Successfully maintained 81. PAID
says TIN, strength 90 sin X th"
Laws. The trl!St is creation Of
claS~ legislation: Is power To- harm
ami prc>iig,. arr huttrr>Scd by lrgaI
privilege. Chiefly through this ar,n-
cy the trusts ar" enabled To inipnSc
upon the people and perpctuate their
evil doings.
What the law hath given il can
take away. Instances are by no
means rare wherein there is greater
virtue in the repeal OF obnoxious laws
tndn the enactment of new ones of
doubtful eXpcdicncy for the corrcc-
ton Of existing evils. True. as
the great political economist, John
Stuart Mill observed, association is
the most powerful agent of produc-
ton. and this principle properly car
red forth, is capable of ever greater
and more beneficial results. Mr..
Mill was very pronounced in his
views favoring individual liberty;
did not mean that associations be
given privileges and immunities by
legislation or otherwise. The Strug-
gle all along the line of evolutionary
development in the history of man.
has been in favor of greater individ-
ual liberty. In the Thirteenth CEN
tury, the English barons wrested
from King John the great charter of
political liberty. Further conces-
siOns were granted under Charles IL,
in 1860, at the time of the restora-
ton. Political liberty was obtained
by the American colonies in the war
of the Revolution. In France in
1879, the struggle was against the
oppression of the effete feudal mon
archy under Louis XVI.
Already it may be seen that the
trusts and large combines of preda-
tory wealth are having q hard time
of it when we take notice that they
are experiencing great difficulty in
disposing of their stocks and securi-
ties. The public are suspicious;
middle-class investors are shy, not
outstanding flaming advertisements
regarding safe and sound invest
ments, big dividends, ETC., "A
burned child breads the fire." The
methods of the predatory rich hav-
ing exposed such great frauds re-
garding over-capitalization and wa
tered stocks, are doing more to I'M
dermine and destroy corporate greed
than any State or National regula-
ton; all of which will result in
greater freedom and justice to the
plain people than has ever hereto
fore been accorded to them. God
reigns and the Democracy will sur
vive. There is conscious awaken
ing throughout the land. The COM
bines of prepatory wealth are on
trial. The people can be trusted and
will give righteous verdict
CARNEGIE REFUSES TO PENSION
TEACHERs.-It seems that Carnegie
can say No." at times and give
reasons for it. For several years
the teachers of Pittsburg have been
engaged in an endeavor to establish
a pension fund, for support of teach
ers after thirty years OF service. AZ
ter trying various expedients they
finally decided to call upon the man
who has made public libraries the
means of climbing the golden stair, /"
SO to speak. But they found tine old
gentleman incorrigible. He refused
to give penny, saying that he be-
lieved in pensioning only those who
risk their lives in the performance
of duty, such as soldiers and fire.
men. He expressed the opinion
that the teachers, as a general thing,
are well enough paid to lay by some
thing for their declining years, and
he could see no reason why he should
contribute to the fund.
Mr.. BRYAN's MANLY ATTITUDE
Nobody may imagine for moment
that William Jennings Bryan will at
tempt to force his own nomination
upon the convention, or, indeed,
that he will accept place at the
head of his party ticket unless it
comes with an unanimity that is a
practical indication he is the first or
only choice of the party. He lately
declared that it will not require the
vote of a third of the delegates to
prevent his nomination. He did not
want any more Parker" campaigns,
nor the nomination, if it would split
his party. He said that there had
been several suggested for the nom-
ination who he would cordially sup
port, among whom he named Gov.
Smith Of Georgia, Gov. Johnson OF
Minnesota, and Senator Culberson OF
Texas.
BANKERS In LIMBO.-Four indict-
ments have been filed against each OF
the officers of the Title Guarantee
and Trust company of Portland: J.
Thornton President, George H. Hill
Vice President, John Atkinson Sec