Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1910-04-01
Especial Correspondence

BuSlneRS IN the Uniteu STATES u IN
the doldruns. II has the blues, II is
depressed. and It's nerves are In had
shape. II is choleric. irritable and
peeyish. II Is In n humor to abuse the
Office boy during the day, and TO kick
the cat when 1t goes home at night.
II is not the market that is causing
this-not yet. II is the suspense OF
awaiting the decision Of the Supreme
Court of the United States In the
Standard OIL and Tobacco Trust cases.
| There has been no serious depression
In the value Of securities, as yet. but
| there Is marked depression In the
spirits OF the big flnanciers who manipi
nlate securities. Ir.HtaH
Apprehensive Is inadequate as n
| characterization of the state of mind
of the men who dominate the great
business interests of the country.
These men are In peritable panic as
| they contemplate the possibility ofade.
| sisions adverse to the trusts now under
| Arc, and the resultant far.reachingl eff.
feet on all great organizations Of like
character. They hope for the best.
but they fear the worst. and II is ad.
mitted that they do not know what
they will do II the worst comes. They
\ say that a Supreme Court decree that
The oil and tobacco trusts must be dis.
solved viii shake the entire Industrial
md commercial structure OF the Uni,
ted States to Its very foundations; that
| business chaos will be the sequel. II
compelled to break up and dissolve
| the great corporations through which
hey have controlled industry and com.
merce they do not know how they will
| m~rt the emergency. Anything but
dissolution. Is their prayer.
| I'VE beg of this court. II we are
i'ound to be doing wrong. enjoln us
from doing that, but In the name OF
Justice do no destroy the organization
which has accomplished such results
nless there Is nothing else to do"
Such was the final plea OF John G,
Nilhurn, of the counsel for the Stand
ird Oil Company, in summarizing his
argument before the Supreme Court
Brought to bar at last, facing the issue
,whlohiit had fought of for years the
greatest OF all the trusts was ready
% admit II had done wrong. 81 don't
say the men in It. have never done
wrong." said Mr.. Milburn. Judge us
ask you, by human standards.
have no doubt II has done things Il
has had no right to do" Admitting
n wrongdoinG. this trust was willing &c
,ccept any punishment save the ono
ipon which the government insists
that It put an end to It's monopolistit
control Of the oil business,
"They have waved the black fial
Jver the land as others have done ovel
the ocean," was the reply to Mr.. Mil
burn made by Frank b. Kellogg, wht
has made the. fight against the Stand
ard In the name Of the people. ID,
[ deny they have demonstrated theil
ability? No. They have competet
with an ability unequalled in this coun
try. .
with It's qualifications, Its influence
and its money power, give It cart,
: blanche. let It combine. as Mr.. Watson
suggests, and let Il cut prices, as Mr.
Milburn speaks about, and predict
will control every industry in thi
country In ten years-yea, In Nv
years.
"Whnt makes q great country. No
tgreat corporations. 1t Is the indivlt
no lnIAnnnInnt x,st.l