The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1908-07-31

truse Jaw dnder existing rulings OF SIe
supreme court has given rise to sugges-
ton for its necessary amendment to
prevent its applications to cases which
it Is believed were never in the contem-
plation of the trainers of the statute.
Take two instances: A merchant or man
ness that covers certain states, wishes
to sell his business and his good will.
and SO in the terms of the sale obligates
himself to the purchaser not to go into
the same business in those states. Such
restraint of trade has always been en-
forced at common law. Again the en-
and enter upon a peaceable and lawful
strike to secure better wages. At COM
mon law this was not restraint of trade
or commerce or violation of the rights
OF the company or of the public. Neither
case ought to be made violation of the
ANTITRUST law. My own impression is
neither of these instances are within
its inhibition, but if they are to be 80
regarded. general legislation amending
the law Is necessary.
Democratic Plank Discussed.
THE suggestion of the Democratic
bidding corporations to hold more than
% per cent. of the plant in any line of
manufacture is made without regard to
the. possibility of enforcement or the
real evil in trusts. A corporation con-
trolling As or so per cent. of the products
may by we'll known methods frequently
tltion in any part of the country as com
pletely as if it controlled 60 or 70 per cent
thereof.
Proper Treatment of Trusts.
r "Gnlawfui trusts should be re-
junctive process and the persons en-
gagged in maintaining them should be
punished with all the severity of GRIM
pursued in the operation of their bust
ness shall be brought within the law.
To destroy them and to eliminate the
wealth they represent from the pro-
ducing capital of the country would
entail enormous loss, and would throw
out or employment myriads of work.
ingmen. Such result is wholly I'M
necessary to the accomplishment Of the
needed reform, and will inflict upon the
innocent far, greater punishment than
upon the guilty.
1.-The Democratic platform does not
propose to destroy the plan of the trust
physically. but it proposes to do the
same thing in a different way. The
pendent upon protective system of
tariffs. The business done by many of
the so,,called trusts is protected with
The Democratic platform proposes to
take off the tariff in all articles COM
ing into competition with those pro-
duced by the so-called trusts and to
put them on the free list If such
course would be utterly destructive of
their business as 1T is, indeed, it would
not only destroy the trusts, but all or
their smaller competitors.
Effect of Democratic Policies.
ITO take the course suggested by
the Democratic platform in these mat
tiers is to invoke the entire commu-
nifty, innocent as it is, in the punish
ment of the guilty, while our policy
This difference between the policies
of the two great parties is of special
Importance, in view of the present con.
the most remarkable material develop
ment and prosperity, there comes finan-
eial stringency, a panic an Industrial
not only by the enormous Expansion
of business plants and business invest
ments which could not be readily con-
verified, but also by the waste of cap
and other catastrophes. The free
convertible capital was exhausted. In
addition to this, the confidence of the
lending public in Europe and in this
country had been affected by the rev.
Citations of irregularity, breach of
trust, over issue of stock, valuations of
law and lack of rigid state or ma.
tional supervision in management of
our largest corporations. Investors
withheld what loanable capital re-
for the soundest railroads and other
enterprises to borrow money enough
for new construction and reconstruc-
ton.
nSSkSi dttoH VI EiSSHSiikys
Gradually business is acquiring a
which was boarded, is coming out to
be used. Confidence IN security of bust
ness investments is a plant of slow
growth and is absolutely necessary in
order that our factories may all open
again, in order that our unemployed
may become employed, and in order
that HAS ns for ten years Ths
identity of the interest of the capital
of the farmer, the. business man and
the wage Garner in the security and
largely emphasized. I submit to
those most interested, to wage earners,
to farmers and to business men, wheth-
er the introduction into power of the
Democratic party with Mr.: Bryan at
it's head. and with the business con-
struction that it openly advocates as
about the needed confidence for the
restoration of prosperity.
THE Republican doctrine OF protec-
ton, as definitely announced by the
Republican convention this year, and
by previous conventions, is that a tariff
shall be imposed on all imported prod
ucts whether of the factory, farm or
mine, sufficiently great to equal the
difference between the cost of produc-
ton abroad and at home, and that this
difference should of course, include the
paid in this country, and the wages
paid abroad, and embrace reasonable
profit to the American production.
Advantage of Unions.
ITO give to employees their proper po-
sition in such controversy to enable
them to maintain themselves against
employers having great capital, they may
well unite, because in union there is
strength and without it each individual
laborer and employe would be helpless.
through the fundamentally of the trade
agreement is often one of the results OF
such union when intelligently conducted.
however, Skilled and unskilled, who are
not organized into unions. Their rights
before the law are exactly the same as
protected with the same care and watch
fulnesS.
I'm order to induce their employer into
compliance with their request, for
changed terms of employment workmen
have the right to strike in body. They
have a right to use such persuasion as
they may, provided it does not reach
the point of duress, to lead their reluc-
tant co-laborers to join them in their
union against their employer and they
have right, if they choose, to accumu-
a strike, to delegate to officers the pow
er to direct the action of the union, and
to withdraw themselves and their as
sociates from dealings with, or giving
in controversy.
What Labor Cannot Do.
what they have not the right to do
is to injure their employers property, to
injure their employers business by use
of threats or methods of physical duress
against those who would work for him
or deal with him or by carrying on what
is sometimes known as secondary boy
colt against his customers or those with
whom he deals in business All those
who sympathize with them may unite
to aid them in their struggle, bat they
may not, through the fundamentally OF
thrn TOM
third persons against their will and hav-
ina No intarest in their CONTROVERSY to