Daily press. [volume] (Newport News, Va.) 1896-current, 1908-08-26
BRYAN SCORES TRUSTS
AND HITS TAI: HARD

Continued from Third Page.)
objects to production on scale SUI
|ficiently large to enable the producer
to utilize by.products and take ad'
vantage Of all the economies that
large production makes possible. 1t
Is Just here that the trust magnates
attempts to confuse the public mind.
and Mr.. Taft has unconsciously adopt
ed their language.
Al Corporations Not Approved.
Let the issue be made plain; let the
distinction be accurately drawn; let
the respective positions Of the parties
l., fully understood. The Democratic
part docs not oppose all corporations;
on the contrary. 1t recognizes that the
corporation can render an important
service to the public. The Democrat
lie party wants to employ every IN
|strumentality that can be employed Tor
the advancement of the common good:
but the Democratic party draws the
line at the private monopoly. and oe-
clarss that q private monopoly can not
be justified on either economic OF
political grounds.
From an economic STANDPOINT, q
monopoly In Objectionable. The
moment a corporation secures
practical monopoly in the production
Tor. sale OF any article, certain eVlis
appear which outweigh any good
that can come from large production
| or control. Wherever private monopo-
lies exist. certain irresistible tenden'
cies manifest themselves. First. 1t
raises prices-this Is the first thing
thought of for the increasing OF pro-
| fits Then, in proportion as 1t becomes
the only purchaser Of the raw mater
| ial. It reduces the price OF the raw ma.
terial. and the prooucer OF that .a"
materiaf. having no. other markH'
/ must accept the price offered. In tnis
way. too, the profits OF the corporal
| ion are increased. Third reducuon
in the quality Of the product aftoras
Ian opportunity for increasing proiits.
Fourth. reduction In wages ioiio"s
4 Wherever conditions will permit:
q Competition protects the purchaser
Tor when q number sof Independent
stand ready to supply MIN
iwith what he needs, he can choose
lHetveen them and buy from the one
Who ofiers the best; products at the
Lowest pricc. He Is also protector IN
}m,alitv because those who compete
For the opportunity TO sell 90 him
lmust show either advantage IN price
Inr advantage In quality. Competit'on
6rotects the man who proouces. e~
Material. for when there are q num-
iher 81 bidders for that which IL oens
sold. he can accept the highest Price
loffered. Competition' ALEC helps the
fvase-earner, for his tSkili Is the nm;
flshed product whichs he offers opoH
tshe msrket add where number OF IN
Eenen0ent Industries are endeavor'
~ 70 secure the highest skill. ene
Iskilled ht.orer has the pest assn
| apce OF obtaining q fair recompense.
when there Is hut one employer, .u.
temp,oye must take the price oiiereu,
because he win lose the advan'aee ~
hts experience II he mus: go out 70
find q different kind Of employ men'
0us,pess Men Feel Pressure
The business men Of the countr!
have felt the pressure OF ire uus.A
Thc retailer has been compeiied 10
| enter into contracts which restrlc'
In. management Of his own auA'rs'
he has found the terms Of sale 'eno
n.xment changed 10 his dissdSantase
1 - no has been forced to carry NOR
| ana more OF the risks Of trade ne
4. eouyiuced that there are no gooo
ttrusts and that his only safety u
the Democratic plan which Jays '"'
axe nj the root Of the tree. 49,.
The travelling men naturally Ns.
c.nccial Interests in the trust ques
,ion because the more compete ,ne
Imonopoly scared by corporation w.
ic,. thex are needed We nave NJ
marc intelligent class than the re
nrcseut.t!vcs Of commerce. ana tne,'
retirement from the road wou'a mc~'
scrtous loss TO the country wnhe
s.v prouptcrs would be the Only per
scp- benefited. they gaining by ".
Decentralization OF the salary saSea w
line elimination OF comoctitsoo.
wr- Tai, either misunderstands o.
lr,ssrccrrseu,s the Democratic posi-.
s,o m regard 70 the extcrm'Hatson o'
i,he urjwriplr Of private mo1"po'
IN. h,s notification spcc's, he says:
-Nr Roosevelt would compel tn'
,,,vsf. IN conduct their business IN
,,.vsu, manner and secure tie scuefit'
Iof th~tr operation and The maintain
sprr cs the prosperity Of tne ccoa','
~ vNycN they arc an importan, pan,
vnSIe Nr. Bryan wosia cxtsrpafe aee
40 NV ,Sc rsttrc busiscss IN crocf y
ssss.u 90 ihe evils which ssey ess'
lS-s = . 1900 b. 1r. Tsf'