Gunnison news-champion., 1908-09-11
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In fuse!la.epf ~ his psaa ~ esas-
orssins and inserpretinx the various
p.anks 6 the Ismocratic platform.
Mr. Hryxu CHOSE the trust question:
for his .uhis-c; sf the Kern ncstAcs-
tsoa prsrces-diRSs si Indianapolis. t
Is one of the usos; elusive of theusss.
AZ IT is of the sse~i vexA,tos~ 81
pEcbsems. Mr. bryan swccs-eAeA ia
disss.lling the iaes ths; ~ 10 tie 80
ems 81 industry or the frseol ~ GEE
traiizStioa
As ~ss the case at lies mOsoss.
where b. handled the taria aSe~tina.
Mr. BRYAN had again The trenseaAcxs
adysRtag. of no embarras~inG al
liARces. SaderstaadiRes or couaeci ioss
with the forces Tor ~ko~e coetrol and
regulation he argued He ,et the
Democratic remedies for trust evils
mor. clearly understood and as log
scally placed as is possible without
practical test
His definition of trust as . cor
ISoratioR which controls So large n
proportion of the total quantity Of
any article used in this country as to
b. able To regulate the price and
terms Of sale" is probably as good as
aBy of the others. even II made to At
the platform declaration. 1t Was also
made clear thai the fixing Of rs per
cent. vi the outpui of an article ~ the
proportion of control which makes
necessary a federal license Was an
arbitrary proceedins and 80 ger cent.
"a the fartidd.. ,..ipt t.ox.nA urhish
control may not pass Was equally ar
bitrsry. To deny the correctness of
these figures is merely one way of
avoiding discussion of the correctness
Of the principle involved For pur-
poses of illustration. Is and 40 per
cent. or 35 and 60 per cent. would
be ss good II is an insignificant
matter.
The point is that where the extent
Of business passes a cert ain line II
ceases to be- a matter Of private con
Germ II becomes u matter Of public
concern for the very simple reason
that the interests of the public are
paramount. Beyond this point. what
ever II is. there must be federal reg
ulation and supervision. Beyond an
other point even such regulation and
supervision promises no protection
against the power ana financial
may he smaller than the corporation
which would control more than 80 per
cent. Of some commodities.
Mr.. Tafts idea of recourse to in
junctive process, when necessary
may be In greater harmony with legal
theories than the fixing by law Of ar
bitrary lines. but it leaves openings
too large. Experience with the EN-
cacy Of the injunctive process has moi
experience In trying to free his party
from trust domination is fruitful in
indications pointing to failure of the
Taft remedy.
With Mr.. Bryan's elucidation oi
these points as the basis Of the Dem
Ocratic program for trust regulation
the remainder is a matter OF detail
designed to contribute to the attain
ment OF the one end-namely, the re
tention OF the benefits that come from
the perfecting of organization and
economies under combination without
seriously impairing competition OF
curtailing those equal opportunities es
sential to the development Of individu
alism
Compared to the vague and decep
tive demand OF the Republicans for
more laws" and the amendment OF
existing laws" the Democratic plan
has the merit OF being DEFINITE and ap
parently both practical and practica
BILE. 1t certainly would insure uni
formity OF treatment and admit the
playing Of no favorttes.-St. Louis Re
public.