The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1908-05-02
plainly dishonest aud supported by
faISe affirmatious.


false affirmations.
In IFS conclusion the commission
recommends as follows: Comment
on the moral meaning OF these meth.
oGs ana transactions would seem
superlluous. but as they were defended
az the public hearings Of the commits
sion and asserted 10 be common and
entirely proper incidents OF business
life. and MS these practices have been
freely resorted 10 By some OF the
largest Industrial corporations that the
world has ever known. the commission
deems II proper to record It's own opin-l
lon. The commission dislikes 70 be-
licve that these practices are. as al.
legged, established by the general Gus
tom OF the business community: and
this defense Itself. II unchallenged.
amounts - grave accusation against
the honesty OF present business meth
DDS
ITO answer an invitation for rubnc
or private work by sending In what
purports TO be genuine bids. but what
ia realty are collusiye figures purpose
~ made higher than the bid which is
known will be submitted by one OF
the supposed competitors. Is nm act
OF plain dishonesty. To sup OFT these
Interpretations hy false ahirma.
tons IN writing that bids are SUBJ
mi'ted 10 good faith ana without
fraud, collision. or connection with
any other bidder IS a positive and
deliberate fraud The successful bid.
der IN che competition Is guilty az Oh
tanning money by false preiens ana
the others have made themselves
parties 20 a conspiracy clearly unlaw-
fu at the common law
Where. as IA the case Of the 'B6s.
ton agreement a number OF fhe most
Important manufacturers and dealers
in structural steel IN this country. ne
Guiding the American Bridge company,
one Of the constituent members OF the
United states steel Corporation have
combined together for the purpose OF
raising prices by means OF coilusiye
bids aud false representations their
conduct is not only repugnant 60 COM
mon honesty. but Is plainly obnoxious
90 the federal statute known as the
sherman or antitrust law
The commission believes that an
example should be made OF these men.
and that the members OF the Boston
agreement or az least all those who,
I'm October and November. 1905 en-
tered IN the fraudulent competitions
for the Cove street draw span and
the Brooklne street bridge, should be
brought before federal grand jury
for violation OF the act OF congress %
July >, 1890 The three years limita-
tion for participation In these trans
actions has not yet elapsed, and tho
evidence obtained by the commission
Is SO complete that there should be
no difficulty in the government secure
ing conviction In this case,
have submitted this report 10 the
department OF justice for thorough in
yestlgation ana for action. II action
shall prove practicable. Surely such a
state OF affairs as that above set forth
emphasizes the need OF fuether federal
legislation, not merely because OF the
material benefits such legislation Will
secure, but above all because this fed
eral action should be part, and large
part. Of the campaign 20 waken our
people as whole TO a lively and ef-
fective condemnation Of the low stand
ard Of morality implied In such con.
duct on the part Of great business con-
Germs
The first duty of every man Is 20
provide livelihood FOR himself and
for those dependent upon him. Il
Is from every standpoint desirable
that each OF our citizens should On.
deavor by hard work and honorable
methods 20 secure for him and his
such a competency as will carry
with II the opportunity to enjoy IN
reasonable fashion the comforts AMI
refnements Of life: aud Furthermore.
the man OF grea, business ability who
obtains a fortune IN upright fashion
Inevitably IN SO doing confcrs a bcne.
az upon the community as a whole ana
Is entitled 10 reward TO respect. and
70 admiration
But among the many Kinds Of evil.
social industrial and political which
II IS our duty ms a nation sternly 20
combat. there Is none at the same time
more base and more dangerous than
the greed which treats the plain ana
simple rules 81 honesty with cynical
contempt II they Interfere with max
ing n profit And IS nation We eau
not be held outlines T. ", condohr
such action
The man who breaches hatred o.
wealth honestly acquired who In
culcates envy ard jealousy and Sian.
dcrous ll.wii. toward those oi his f,l
lows who rs thrift energy and IN.
dustry have become men ~ means. h
a menace 20 the community But
hs counterpart In eyil Is 20 be found
IN that particular kind or multimi
lioRaire who Is almest the least envia.
bic, ana Il certainly one Of the least
admirable OF all our citizens man
of whom Il has been we'll said tina.