Daily Arizona silver belt., 1909-11-23

down by the manipulators of the mar | ket, but 1 am addressing myself, not | to the innocent outsider but to those who mdy be tempted by the profit sI promised to the inside ring. l would suggest, however, that those who by cornering the market suspend the law l of supply and demand, add crime to- 1 vice and defraud those who are induced to invest in "chanceo which has no actual existence.
 l Monopoly is the second commercial | temptation. MionOpolies have been at- tempted ever since trading began, and they are more common today than ever before because more money can be made out of them. Many well-meaning bus mess men permit themselves to be drawn into practices which are not only indefensible in the realm of conscience, but which violate the statutes. The of fcers of the law are constantly engaged in an effort to prevent the monopolizing of trade
 It is strange that anyone should at tempt to defend private monopoly, for its plan and operation can be easily understood by any one who knows eith- CT human nature or history. No judge
 would be permitted to preside in his own case; no juror would be allowed to serve in suit to which he was party, and yet the head of a monopoly arbi-
 trarily decides every day questions where his interests are on one side and public interests on the other. Can he
 be trusted to decide impartially and to exact only reasonable profitS It
 is absurd to expect him to do justice to
 those with whom he deals. The student
 of history knows that the monopolist
 has always been an outlaw. Three cen
 turies ago, under Queen Elizabeth, the
 house of commons protested against the
 mOnOpolies which she had authorized and l found, when in the Holy Land,
 that a very complete monopoly existed
 there some seventeen hundred years
 ago. Josephus tells how John of Gis- hala secured monopoly in olive oil
 and charged ten times as much for the oil as he paid for it. For the benefit of those who think that all monopolies
 are traceable to the rebate, | venture to
 suggest that the oil trust of Palestine
 was successfully operated before rail
 roads existed. But even though John | htiu hVtlluE Ahbh a idoA liNiEht
 line of donkeys and distributed the oil
 in goat skins, he showed as correct an understanding of the possibilities of
 monopoly as any trust magnate has to- day, and l have wondered whether our John secured his idea of an oil trust from John of Gishala.
 , We need laws making the private mo- nopOly impossible, but we must have } back of these laws moral sentiment
 which will condemn the club wielded , by the mOnopolist, as moral sentiment now condemns the highwayman s bud. geon.
 The third temptation to which the commercial man is subjected is the cor ruption of politics. Just in proportion 5 as corporation secures monopoly of the business in which it is engaged, in
 that proportion the necessity for gov ernment regulation increases, and I may add the difficulty of securing reg 5 ulation increases in proportion to the necessity for it. Municipal corruption , has become a byword, and the lobbyist l has made his evil presence felt at the national and state capitals. Bribery is becoming fine art, and neither the { voter or his representative is spared. The one lesson that must be taught is r that the man who gives bribe is as r wicked as the man who accepts it-I
 am not sure but that he is more wicked,
 for the necessities of the man who ac- cepts the bribe-if need can palliate
 such an offense-are usually greater , than those of the man who offers it. I , appeal to you to assist in every possible f way, in the creation of a public senti- , ment which will ostracise the business man who purchases legislation with the profits derived from privileges already
 secured, or who advances corruption money in anticipation of the profits l which governmental favors promise. In the counting room as well as in
 the editors library and in the lawyer s
 office one hears the heart-searching
 question: "What shall it profit man if he shall gain the whole world and
 lose his own soul?''-and happiness,
 honor and usefulness-all hang upon the answer
 The teacher comes into contact with
 the life of the student and, as our greatest joy is derived from the con
 sciousness of having benefited others, the teacher rightly counts as part of
 his compensation the continuing pleas ure to be found in the knowledge that
 he is projecting his influence through
 future generations. The heart plays as
 large part as the head in the teacher s
 work, because the heart is an important
 factor in ones own life and in the
 shaping of the destiny of the race. fear the plutocracy of wealth; 1 respect the aristocracy of learning; but I thank God for the democracy of the heart. It
 is upon the heart-level that we meet;
 it is by the characteristics of the heart
 that we best know and remember each
 other. Astronomers tell us the dis tance of each star from the earth, but
 our mathematician can calculate the in fiuence which noble teacher may exert upon posterity. And yet even the teach
 CT may fall from his high estate, and,
 forgetting his immeasurable responsibil-
 ity, yield to the temptation to estimate
 his work by its pecuniary reward. Let me turn for a moment from the
 profession and the occupation to the