The Wenatchee daily world. [volume] (Wenatchee, Wash.) 1905-1971, 1908-08-25
|E|||l||||l|LI|' l|Q||l||l|[I
CATION KERN
Itcontinucd from Page L.

(Continucd from Page IL
corporation which controls so large q
proportion OF the total quantity Of
any article used in this country o. to
be able to regulate the price and
Iterms of sale, and as the proportion
controlled determines the power Of
| the trust for harm, It has seemed
best to use proportionate control as
| the basis Of this plan, and 25 per
cent has been fixed arbitrarily as the
proportion at which the line should
be drawn. Probably not one pev
cent of the corporations engaged In
interstate commerce would be re-
CURED to take out license, and yet
what q protection the remaining 80
per cent would find in the law re-
curing a license in the case Of the
larger ones.
The license would not prevent the
growth of the corporations licensed,
| it would simply bring them under
the eye Of the federal government
and compel them to deal with the
public in such q way as to afford
+ the public the protection necessary.
lone of the restrictions suggested is
that, such licensed corporations be
compelled to sell to all purchasers
in all parts of the country on the
tsame terms, after making due al
llowance for cost of trans portation.
tMr. Taft attacks this restriction as
utterly impracticable." If such an
Tact Is now unlawful why Is he SO
Enlightened at a plan which gives to
1.-THE small competitor this very pro-
lection? Mr.. Taft is unduly alarmed
at this proposal. He says:
ITO supervise the business of cor
porations In such way as to fix the
price of commodities and compel the
sale at such price is as absurd and
socialistic a plank as ever was in
serted in democratic political plat
FORM"
One of the most familiar meth
DDS OF the trust is to undersell a
small competitor in the small COM
petitor's territory-the price beins
maintained elsewhere-until the
small competitor is driven to bank
ruptcy and then the price is raised.
That has been done over and over
again. 1t is open and notorius.
The democratic party is the de-
fender of competition and the only
great party which is seeking to re-
store competition. The republican
party has gone almost as far as the
socialist party in the economic de-
tense of the monopoly, but it permits
| the benefits of monopoly to be en-
ljoyed by comparatively few men,
who have secured dominant infiu-
ence in the government. beg to
call Mr.. Taft's attention to the fact
that the republican party has stimu-
lated the growth of socialism.
The republican leaders have been
1 in the habit of sneering at socialists
while blindly Indifferent to the
causes that have contributed to the
growth of socialism.
In my notification speech l called
attention to three demands made by
our party. 1t asks, first, that the
government shall be taken out OF
the hands of special interests, and
restored to the people as a whole; 1t
asks, second, for honesty in elections
and publicity in regard to campaign
funds; it asks, third, for such
modification of our governmental
methods as will make the senate an
elective body, and place the control
OF the house of representatives In the
hands of a majority of Its members.
We demand that the grip Of the
trusts be broken, that competition be
restored and that the door of oppor-
tunity be opened to the business men
and toilers of the land.
Industrial independence is neces-
sary to political Independence. The
free exercise of the rights of citizen
ship is impossible when few men
control the industries in which mill
lions are employed. God forbid that
we should compel the wage-earners
of the nation to address their petit
lions to trust magnates, and ask for
| their daily bread.
This question should be settled
now; we can not afford to beQueath
lit as a legacy of woe to succeed
ling generation.
The Capitalist buys Bonds and
Stocks.
The conservative investor seeks
| first mortgages.