The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1908-09-25
PAGE TWO.
ated the situations that have made it

ated the situations that have made it
possible.
"Mr. Bryan has peculiar process OF
reasoning / have wondered he did
rot put plank into the Denver plat
form legislating greed and avarice out
of the nature of men. He says the re-
publican party is responsible for the
trust system. | want to talk to you
awhile about trusts. A trust is an
organization that exists in vague
foggy, sort of way in the minds OF the
public A trust, as / understand it,
is combination of Industrial institu-
lions TO eliminate competition and Gre
ate q monopoly. A trust or monopo-
1y invades the natural rights of citi-
zens by securing to those enjoying
special favors something denied the
regular citizen. The trust can not ex-
list where the door of opportunity Is
open wide. There can be no legal i'm
position on helpless people. There
fore, there is some unnatural or unjust
privilege that makes trusts possible.
Railroads Blamed.
I'm our country the railroads are to
blame chiefly. They have granted IA
vors to certain companies in order to
keep their competitors out of the field.
In addition to the transportation ad-
vantages these trusts have prosttuted
predatory competition along cut throat
lines They exert tremendous power
to slug out of existence weaker COM
TIT w
has raised prices where there was no
competition and reduced prices below
the cost Of production, where competi-
ton existed, and thus driven the COM
petitor from the field. The rebate
system is one of the great aids to the
trusts. It has permitted the trusts to
succeed. If the railroads had been
operated upon fair terms there would
be no way for rebates.
During the term Of President Har-
rison, the Sherman antitrust bill was
PASSED over the objection of the dem
ocrats. At the time the government
had no way to combat or restrict mo-
nopolies. But the first president ever
to put life and spirit into the law was
our own splendid, magnificent Roose-
welt. Mckinley had little chance.
The time of his first term was occu-
pied with other matters and then the
foul hand OF the assassin laid him law.
Virtue in Sherman Law.
president Roosevelt has demon
strated to the United States there is
virtue in the Sherman law. He has
shown that congress has the power to
enact legislation and take away special
favors. Congress has passed the Elk
ms anti-rebate and Hepburn meas
ures. It is now impossible for any
corporation or company to enjoy IA
vors from railroads not shared by all
others The chief support of the
trusts has been taken from them by
our president We have a cheaper,
cleaner, better railroad service freight
and passenger. than any other country
in the world.
1.-THE trust system is not difficult to
analyze and understand, but 1t Is diff
ficult to keep in control. We have
commissions that examine the affairs
Of the railroads and it has become i'm
possible to bestow special conces-
sions.
Bryan Impractical.
Bryan proposes impractical mandy
pandy remedies. Roosevelt has been
denounced on one hand as an injur-
err Of business and on the other be-
cause he has not been severe enough.
Rabid conservatives have opposed any
change on the ground that everything
thta is is right. Bryan leads the radi-
Gals shouting everything that is is
wrong. The republican party under
the leadership Of Mr.. Taft occupies
the middle ground between the ultra
conservatives and the extreme radi-
calls. 1t believes in the preponderance
of good and favors the elimination of
all bad and evil. It is an easy thing
to point out existing evils but 1t re-
ouires to pick out the good and separ-
ate 1t from the bad.
Bryan wants to limit the output
and fix the prices on all commodities.
He wants to make the prices the same
in all sections of the land considering
only the cost of transportation. Ev-
erybody knows there are many other
,influe noes that must be brought into
consideration. What we need is to
continue the policies of Roosevelt and
to known the laws are made for the
large and small alike. We propose
to wage eternal warfare against wrong
and eliminate those factors tending to
take advantage of fellow creatures in
business and all other ways. The soul
Of the Roosevelt policy is the square
deal
Our opponents have had much to
say about what they call the repub-
lican panic. do not regard it as very
much of a panic. A panic usually
means reduced prices, stoppage of
output and business depression. Bust
ness was not stagnated by the recent
financial furry. A democratic farmer
friend of mine near Lafayette said the
other day, he hauled 1000 bushels of
corn to town and received rs cents
per bushel for 1t. In the Cleveland
administration he says he, sold the
same amount for only enough money
to buy a self binder / said to him,
but you are democrat and see no
prosperity He said he may be
democrat but is not a fool