Weekly Arizona journal-miner. [volume] (Prescott, Ariz.) 1903-1908, 1908-09-09

| policy of protection than those VINO pe-
| lietc in protection can hc expected 10
| adjust the tafin 90 purposes solely OF
| revenue. II. however, it be charged
thar the Republican party viii not IN
| lcrtakc m honest revision and that the
| appiiratiou of the protective principle
| viii not bee worked ont IN a reasonable
aud proper way, IL may fairly h' re-
| ioricd that there is no basis, 10 say
| the least. for any greater confidence ID
the operations and methods when
nigh, be adopted 10y our opponents IN
| their proposed rcadjustmcnt. The ex-
| ppricncc Of the years when they last
| had the opportunity ~ frame new
| schedules, in the tariff Of 1891, does
not inspire sucn confidence. The rug
ycd Cleveland was disgu.tcd with the
| work of his own party and while he dld
not veto the bill that was prepared, he
refused ~ give it the sanction OF his
| signature.
II there are interests desiring favors
| IL does not follow that they will bc de-
MED merely because the banner of re.
venue tariff floats from the capitol. The
| difference is one Of principle and is not
|
proper influences.
The Democratic platform proposes to
place upon the free list articles coming
| into competition witn those controlled
| by the "trnsts.' But when Mr.. Taft
points out that such a course were de.
structive TO the trusts IL would Ger.
tainly destroy the smaller competitors
Of the trusts. Mr.. Bryan replies, with
Characteristic ease. that he has other
remedies for the trusts aud that IL
may not be necessary 10 use this one
after all. What becomes of the ques.
tion of tne essential Justice Of the pro-
posal and what part IL it 10 play in the
immediate revisionG'
Mr.. Bryan's Remedies for Trusts.
When. however. We consider these
| other remedies that are proposed for the
trusts. we find ourselves iourneying in
land of dreams Again the magician
| of 1896 waves his wand. At stroke
difficulties disappear and the complex
problems of modern business are for.
gotten in the fascination of the simple
panacea. And n the free coinage of
| silver in the ratio of IL to was 10
destroy the curse of gold, so the new
found specific Of equal protection is to
remove the curse of industrial oppres.
sion. The delusion of 1905 is compar-
able only tn that Of twelve years ago.
The first suggestion is that the law
should prevent duplication Of direc.
tors among competing corporations.
However advisable it NAV be 10 have
Independent directories of competing
corporations, il would seem still more
important to have Independent stock.
holders, for majority Of the stock.
holders OF corporation choose the Iii.
rectors. II law were passed prevent.
ing the duplication of directors IL
would easily be evadcd in the selection
of men who would represent the same
interests. The most ordinary expert
cnce SHOWS that il is not necessary 10
serve On a board of directors in order
to control its proceedings. Whatever
the advantage of such n law as is pro.
posed. it hardly rises to the dignity
Of remedy or vindicates its title
to place in nm imposing scheme Of re.
form outlined in n national platform.
But the more important proposal is
that any manufacturing or trading
corporation engaged in interstate com.
merce shall be required TO take out a
federal license before il shall be per.
mitted to control ms much as 2j per
cent OF the product in which il deals. -
license is permission. and the object
OF he remedy is not to regulate large
businesses, but 10 destroy trusts. Hence
the supposed efficiency Of the plan is
to he found in the prohibition of the
control by any such corporation "of
more than 80 per cent of the total
amount Of any product consumed in
the United States" This is another
dclusion of ratio.
u might be interesting 10 nouirc
what - the meaning of 90 any product
consumed IN the United States?' And.
II 80, how shall the classes be defined,
Or does IL refer to each separate article
OF commerce. And. IL so. what nc.
count does this proposal take of the
skill and initiative of manufacturers
VINO nave built up more or less OK.
elusive trade in particular articles. M.
ten protected by trademarks, althouob
IN most active competition wit, other
articles designed for the same general
purpose and seeking the same marke,
IN u desire to correct the evils of busi.
ness we are To place an cmbargo unon
honest endeavor whose activities n,o.
sent none Of the abuses rcauiring re.
modest And, If not, what statutory
dennitlons shall be found 10 no ade.
qnnte and just IL we lay down onr nro.
nibitl0n in terms of volume or ratio ~
business and not in terms vpf RICH, and
wrongf If We adopt Mr.. Bryan's pro.
posal to what period of production is
tue prohibition to applyP Is toe ex.
cess for day or for a month IN bo con.
sideredf Or is the average prodnct;an
Tor year to be takcnl And what svs'
iem shall be devised by which suitable
information may be furnished in ,ho
mature OF danger signals along tho
routes OF trade so that the mannfaet
urer may know when he IL abon, % ~
eeed the prescribed ratiof ITO ma
Justly be required to govern his own
conduct, but how snall he be annraised
OF ,he conduct Of Others upon which IL
10 depend his guilt or innocences
me patent laws confer n truo ,no
Poiy IN the exclusive right "a m.nn
Iaeture and sell. Are these laws IN no