Arizona republican., 1908-07-29

ever inserted in a democratic platform.
 The principal difference between the republican and democratic platforms is the differences which has heretofore been seen between the policies of MT. Roosevelt and those which have been advocated by the democratic candi date, MT. Bryan.
 Mir. Roosevelt's policies have been progressive and regulative; MT. Bry- ans destructive. MT. Roosevelt has favored regulation of the business in which evils have grown up so as to stamp out the evils and permit the business to continue The tendency of MT. Bryans proposals has gen. erally been destructive of business with respect to which he is demand ing reform. MT. Roosevelt would com pei the trusts to conduct their business in a lawful manner
 ADVANTAGES OF COMBINATION.
 The combination of capital in large plants to manufacture goods with the greatest economy is just as necessary as the assembling of the parts of the machine to the conomical and more rapid manufacture of what in old times was made by hand. The gov ernment should not interfere with one more. than than with the other, and when such aggregations of capital are legitimate and are properly controlled they are beneficial to the public.
 In their proper operation the public will soon share with the manufactur- CTS the advantages in economical oper- ation and lower prices.
 
 When. however, such combinations are not based on any economic prin ciples. but are made merely for the purpose of controlling the market to maintain and to raise prices, restrict output and drive out competition, the public derives no benefit and We have a monopoly. There must be some use by the company of the comprehensive ly great size of it's capital and plant and extent of it's output either to cOerce persons to buy of it rather than of some other competitor or to coerce those who would compete with it to give up their business. This must usually. in other words, be shown in an element of duress in the conduct of its business toward the customers in the trade and it's competitors before the mere aggregation of capital or plant becomes an awful mo nopoly. It is perfectly eonceiv- able that that in the interest .of economy of production a great comes and unlawful monopoly It is perfectly conceivable that in the inter est of economy of production a great number of plants may be legitimately assembled under the ownership of one corporation. It is important there fore that such large aggregations of capital and combination should be con- trolled so that the public may have the advantage of reasonable prices and that the avenues of enterprise may be kept open to the individual and the smaller corporation wishing to engage in business
 In a country like this. where in good times there is. an enormous floating capital awaiting investment, the period before which effective competition by construction of new plants can be in troduced into any business is com paratively short, rarely exceeding a year. and is usually less even than that.
 Many enterprises have been organ ized on the theory that mere aggrega- ton of all or nearly all existing plants in a line of manufacture without re- gard to cOnomy of production destroys competition They have most of them gone into bankruptcy. Competition in a profitable business will not be af- fected by the mere aggregation of many existing plants under one com pany, unless the company thereby ef fleets great economy, the benefit of which it shares with the public or takes some illegal method to avoid competition and to perpetuate a hold on the business.
 PROPER TREATMENT OF TRUSTS.
 In law trusts should be restrained with all the efficiency of injunctive process and the persons engaged in maintaining them should be punished with all the severity or criminal pros ecution in order that the methods pur- sued in the operation of their business shall be brought within the law. To dstroy them and to eliminate the wealth they represent from the pro ducing capital of the country would entail enormous loss and would throw out of employment myriads of working men and women. Such a result is wholly unnecessary to the accomplish ment of the needed reform and will in flict upon the innocent a far greater punishment than upon the guilty.
 A DESTRUCTIVE POLICY.
 The democratic platform does not propose to destroy the plants of the trusts physically but it proposes to do the same thing in a different way The business of this country is largely dependent upon protective system of tariffs. The business done by many of the so-called trusts is protected with the other businesses of the country. The democratic platform proposes to take off the tariff on all articles coming into competition with those produced by the so-called trusts ard put them on the free list. If such course would be utterly destructive of their business, as is intended, it would not only destroy the trusts, but all other smaller competitors. The ruthless and impracticable character of the proposition grows plainer as it's effects upon the whole community are realized.
 THE EFFECT ON BUSINESS
 To take the course suggested hy the democratic platform, in these