The Montgomery advertiser., 1908-08-26

of sale: How would the democratic p.en Snect it9 A date would be fixed sa sn which the lay would take effsct, ton would be required to apply for q iicense. The evidence would show that nr1,,ef ,s c1nefoisa larger proportion of the would be compelled to sell on enough If It's plants to reduce its output to fifty per cent of the total product. It could license, and proceed to carry on its bus
 Would 1t extirpats and h destroy. ros bus. baw
 pss to of suss oe s peSss to
 The people would sriii need tRs ss article rsHis
 was is proaIssd |, and @ the piant, which Independent plants competing with 1t This competition would reduce prices,
 ss demsSd for phe srticie and nsrsfs fsis building of more factories and give q larger employment 10 labor: The res try, instead of "extirpating and des- troying" the industry would revive and enlarge 1t. A part of the benefit would cheaper product and q better product, part would so to the producer of raw material in the form of q better price. CTS irl the form of better wages. The only persons to lose would be the trust
 magnets. who would no longer be able to collect dividens on watered stock by
 controlling the market. When the sub- 5ect is analysed 1t will be seen that MT.
 Taft must either be in darkness as to
 argue that the introduction of morals
 into business would "extirpate and des.
 troy" business.
 Taft's language because want to i'm
 press upon the minds of those who
 listen to me the absurdity of the ob-
 lection which he raises to the demo- polies. He fails to distinguish between
 the honest business that makes a
 country prosperous, and the brtgandage
 people have been robbed by the trusts
 to the extent of hundreds of millions
 year. and If Mir. Taft Is not yet con- scious of what is going on. and not yet
 how can the country hope for relief
 through his election?
 The democratic party is the defender
 of competition and the only great party which Is seeking to restore competition. Mir. Taft has, in the discussion of this question, employed harsh words in. stead of argument. The word ''sociai- and the democratic platform. Now, as matter of fact, it is MT. Tafts party and not the democratic party which While protesting to abhor socialism. the republican party has gone half way toward socialism in endorsing its fun- damental principle The socialist bases his contention on the theory that com petition Is. bad. and that an economic advance is to be found in monopoly s The socialist however, wants the pub- lie to have the benefit of the monopoly and, therefore. favors government owr- ership and operation of all the means of production and distribution.
 most as far as the socialist party in the economic defense of the monopoly. but is permits the benefits of monopoly to be enjoyed by a comparatively few men. who have secured dominant in- call MT. Taft's attention to the fact that the republican party has stirnu- lated the krowth of socialism in two ways: First, by the endorsement that is has given to the theory that trusts of our economic oonditions. anS. second by permitting the development of abuses which have been charged against individuaisism. If he will evamine the vote published in the World Almanac. he will find that in 1900 the republicans Socialists boiled but s5.ssi: in ea tSs same 1ns almanac. he will find that in 1904 the republicans cast 1895 4B0 votes and fha socialists 402.28s. Notwithstanding the fact that the republicans have boasted party poiied but 4i7.ooo more yotes os that year than four years before. This scarcely more than covered the tnas,,ra9 increase in the republican portfen see the population, while the socialists vofa increased more than three l1uriired nee cent, and the increase in votes ws,s psr ssr most as great as the increase in repub.
 The republican leaders have haer ,,,
 the habit of sneering at the socialists