Rocky Ford enterprise., 1908-07-31

trust law under existing rulings of the
ton for its necessary amendment to
prevent its applications to cases which
II it, is i 6eiieyed M We're re never in the contem-
Take two instances: A merchant or man
ufacturer engaged in legitimate busi-
| to sell his business and his good will.
and so in the terms of the sale obligates
the same business in those states Such
| restraint of trade has always been en-
nIaSes T3rSea at at common ,n lay Again the them EN-,
strike to secure better wages. At com
mon law this was not a restraint of trade
| or commerce or violation of the rights
OF the company or OF the public Neither
ANTITRUST law. My own Impression is
| that the supreme court would hold that
ms'ther 81 these rs,nnces nn are WITHIN
| regarded. general legislation amending
the law Is necessary.
Democratic Plank Discussed.
TT, The suggestion of the Democratic
bidding corporations to hold more. than
| 30 per cent. of the plant in any line of
manufacture is made without regard to
| the possibility of enforcement the
real evil in trusts. n corporation con-
trolling As or 80 per cent. OF the products
may by well known methods frequently
effect monopoly and stamp out compe-
tition in any part OF the country as COM
pletely as If 1t controlled GO or 20 per cent.
Proper Treatment Of Trusts.
'Unlawful trusts should be re-
strained with all the efficiency of in
gagged in maintaining them should be
punished with all the severity of Grim
inal prosecution. in order that methods
pursued In the operation of their busi-
ness shall be brought within the law.
To destroy them and to eliminate the
ducing capital OF the country would
entail enormous loss. and would throw
G%t Of emglSgmen. cg myriads OF work
| necessary to the accomplishment of the
needed reform. and will inhict upon the
innocent far greater punishment than
THE Democratic platform does not
physicaliy. but il proposes to do the
sn,nosh same thing in. in different way The M
pendent upon protective system OF
tariffs. The business done by many of
the so;caiied trusts Is protected with
The Democratic platform proposes to
take on the tariff in all articles COM
dnsea by he S!h and to
put them on the free list. II such a
course would be utterly destructive Of
not only destroy the trusts, but all of
their smaller competitors.
Effect Of Democratic. Policies.
TO take the course suggested by
the Democrats platform In these mat
ment OF the guilty. while. our policy
This difference between the policies
Of the two great parties Is of special
OF ssw er ee Gs sesrs Of
the most remarkable material develop
ment and prosperity. there comes imam,
depression. This was brought about
not only by the enormous expansion
mcntS
verted. but also by the waste of cap
.al in Of irs:
Convertible capital Was e.hausted. In
addition to this. the confidence OF the
country had been affected by the rev-
elations Of irreguiarity. breach Of
law and lack OF rigid state or ma
tional supervision In management Of
s%, l.Eses, soEnosnssi,Sn" Investor.
for the rounde.t railroads and other
for new construction and reconstrue-
| ton
Restoration Of Prosperity.
''Gradunliy business is acquiring a
s.h wa. som,ns ss''a Sa. 10
be used. Confidence In security of busi-
ness investments Is a. plant Of slow
order that our factories may all open
again. in order that our unemployed
inas ay %ay nsnn ssS. .hs Sl
that has blessed us for ten years. Tn.
IDENTITY OF the interest Of the capital
the wage Garner In the security and
profit OF Investments cannot be too
those most Interested. to waae earners
to farmers and to business men. wheth-
.ns Witt Int gGwfRs Rryan Of 'ns
its head. and with the business con-
struction that II openly ADVOCATES as
l.s ..VN L. ~
iboui the needed confidence for the
restoration of prosperity.
ton. as deiiniteiy announced BY the
by previous conventions, is that a tarin
ucts. whether of the factory. farm or
mine. suffciently great to equal the
ton abroad and at home. and that this
difference should, Of course. Include the
iiiTerence between the higher wages
paid abroad and embrace a reasonable
proht to the American production.
Advantage Of Unions.
ITO give to employees their proper po-
sition In such a controversy TO enable
employers having great capital. they may
well unite. because In union there Is
.aborcr and employe would be helpless
The promotion Of Industrial peace
through the instrumentnlity OF the trad,
,greement is often one of the results OF
such union when inteillgently conducted
There Is n larye body of laborers
however. skilled and unsklled. who are
not organized into unions. Their rights
before the law are exactly the same as
those of the union men. and are to be
protected with the same care and watch
Gulress.
I'm order to induce their employer into
, compliance with their request for
changed terms OF employment lrkneE
have the right to strike In boL.: They
have n right to use such persuasion az
they may, provided II does not reach
the point of duress. to lead their rel luc-
tant co-laborcrs to join them in their
union against their employer and the!