The Idaho Springs siftings-news., 1908-08-01

trust law under existing rulings Of me
supreme court has given rise to sugges-
ton for its necessary amendment 10
prevent its applications to cases which
il is believed We're never in the conteH-
plation of the trainers of the statute.
Take two instances: A merchant or man
ufacturer engaged in a legitimate busi-
ness that covers certain states, wishes
to sell his business and his good VIII,
and so in the terms of the sale obligates
himself to the purchaser not to go into
the same business in those states. Such
d restraint of trade has always been en-
forced at common law. Again the EN-
pioyes of an interstate railway combine
and enter upon a peaceable and law1ui
strike to secure better wages. At com
mon law this was not restraint of trade
or commerce or violation of the rights
OF the company or of the public. Neither
case ought to be made violation or the
a amt ra Law Ny own ssid mas is
IT'S inhibition. but if they are to be so
regarded, general legislation amending
the law Is necessary.
Democratic Plank Discussed.
The suggestion of the Democratic
platform that trusts be ended by for
bidding corporations to hold more than
30 per cent. of the plant in any line OF
manufacture is made without regard to
the, possibility of enforcement or the
trolling 45 or so per cent. Of the products
may by well known methods frequently
tn mo ang and h stamp out CONNIE n
pietely as If it controlled GO or 70 per cent
thereof.
Proper Treatment Of Trusts.
Unlawful trusts should be re-
strained with all the efficiency Of in
Junctive process and the persons en-
gagged in maintaining them should be
punished with all the severity of Grim
inal prosecution. in order that methods
pursued in the operation of their bust
To destroy them and to eliminate the
wealth they represent from the pro-
ducing capital of the country would
I TOT 4
out of employment myriads of work.
| ngmen. Such a result is wholly un-
needed reform, and will infict upon the
innocent far greater punishment than
upon the guilty.
The Democratic platform does not
propose to destroy the plan of the trust
physically. but it proposes to do the
pendent upon protective system OF
tariffs, The business done by many Of
the other businesses of the country.
The Democratic platform proposes to
ing into competition with those pro-
duced by the so-called trusts and TO
put them on the free list: If such a
course would be utterly destructive Of
their business as it is, indeed, it would
not only destroy the trusts. but all of
their smaller competitors.
/ Effect of Democratic Policies.
ITO take the course suggested by
the Democratic platform in these mat
tcrs is to invoke the entire commu-
nifty, innocent as it is. IN the punish
Is to stamp out the specific evil.
This difference between the policies
Of the two great parties ,n is Of special
dition of business. After the years of
the most remarkable material develop
ment and prosperity. there comes finan.
dep ssin"sTfh is %as br re" aboat
not only by the enormous expansion
| If business MIA and business invest
| ments which could not be readily con-
| verified. but also by the waste of cap
oSsr 2i free
convertible capital was exhausted: In
lending public in Europe and in this
country country had been affected by the ). rev. v,
! law and lack of rigid state or ma
tional supervision in management OF
withheld what Ioanable capital re-
NAMED available. it became impossible
or the soundest raiiroads na ana other
| tor.new construction and reconstrucz.
| Restoration OF Prosperity.
Gradually business is acquiring a
which was boarded. is coming out to
be used. Confidence in security of bust
r rs,h and is a SON IN
order that our factories may all open
again, in order that our unemployed
may become employed. and in order
that we may again have the prosperity
| that has blessed us for ten years. The
| IDENTITY of the interest of the capital
| the wage Garner in the security and
| profit, Of Investments cannot be too
| those most Interested. to wage earners,
| to farmers and to business men. wheth
Deom e party. with Mr. Bryan at
| It's head. and with the business con
struction that it openly ADVOCATES as
| a. -emedy for present evils. will bring
| about the needed confidence for the
restoration Of prosperity.
ton nc as Ne deetiniteiy annonnced 81 the
| Republican convention this year. and
by previous conventions. Is that tariff
| acts, whether of the factory. farm or
| mine. sufficiently great to equal the
ton abroad and at home. and that this
difference should, of course. include tn
difference between the higher wages
| paid abroad. and embrace a REASONABLE
profit to the American production.
Advantage Of Unions.
ITO give to employees their proper po-
| sltion in such controversy to enabl,
employers having great capital. they may
veil unite. because in union there Is
laborer " and nd empIoye would be helpless
| The promotion of Industrial peac'
| through the fundamentally OF the trad
.sreement is often one OF the results Q
"Thcre is large body of laborers
| however. skilled and unskilled. who ar
| roe organized into unions. Their right
before the law are exactly the same a.
those OF the union men. and are to BE-
protected with the same care and watch
iulness.
In order to induce their employer int
compliance with their request foi
changed terms of employment WORKING
| nave the right to strike In body. The
| .lave a right to use such persuasion a
they may, provided It does no. not reac'
| ant co-laborers to join them in theh
union against their employer and theJ
| 1dve a right. II they choose. to accumu
| late funds to support those engaged l.