The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1910-04-19

and or Wealln Lhe IVY
have produced milHonaires on "ne
hand misery, poverty and paapers
on the other.
In this connection permit ne as' !"
to quote from James Bryce - ms
wrrk social Institutions OF he UniF
ed States"
He says: NEARLY thirty years ago.
There are more great millionaires3
as well as more men with a capltali
of from s25O,OOO to $l,OOO,OOO IN
America than in any other country;
and fifty years hence it will probably
contain as many large fortunes as VIII
exist in all the countries OF Europe
nut together" He further says: wei
NAV therefore expect that the IN
crease OF the very rich men-men 80
rich as to make 1t difficult to spend
their income enjoying life, thcusn
they may go on employing it In pnsi'
ness-will continue to increase.
Notwithstanding 1t was thu predic'
ton of our forefathers in the Conven-
tion in 1887, as recorded by the FED |
eralist." that the private fortunes OF
the president and senators, as they
must all be American citizens, can
not possibly be source OF danger
II the legislation mad peen enacted
during the past half century az was
intended by the makers OF tnat con
stitution when thiq was written In
the Federalst, this prediction Wouii
have been true and the startling
statement Of James Bryce would nev'
or have been made, nor the prediction
By Lin thirty years ago, and az aeady
true that fifty years hence the mill
llonaire of the United States Will out
strin all of those OF continental Eu
rope. Inequality Of law, inequality OF
administration produce inequality OF
wealth. The absorbing OF the susten'
ance of a citizenship of one section
Injuries not only that class OF clu'
zens but every class living in the sec
ton. | a.. with the farmers OF the
west and against the continued flow
to the east of the riches Of the west
Why Men Widely Differ on Laws
Difference In occupation Of men not
only give them different appear
ance but different sentiments, ideas,
hopes and ambitions. Environment
has much to do with making or mar
ring society; the making, enforce
ment or defeat of wholesome laws.
even when afterwards placed upon
the same level in the counting room,
I the bank the great mercantile estab-
4 lshment or upon the supreme court.
! This is no better exemplified than ln|
I the decisions of the Supreme Courts
( OF Arkansas and Texas, where the
law upon the usury question was the
same, written practically In the same
! language The Supreme Court OF Ar
kansas held that the law could not be
evaded by shaving paper. For ex-
ample by making note for 500 and
selling II for $780, or any discount
4 greater than the legal rate OF inter.
est While the Texas court held that
4 it could The differences In these two
courts Is obviously the differences OF
their environment prior to their en-
try upon the supreme bench. One
could very nearly predict that the
Arkansas court had been borrowers
OF money and had paid heavy
rates of interest, while the per-
sonnel OF the Texas court in all
probability had been lenders OF
money and may perhaps have
been attorneys for banks and trust
companies interested in the collection
OF Illegal rates. These environments
made the difference in the decision,
and hence in the law. This is the
reason of difficulty in the enactment
of law or its administration satisfac.
tory to all citizens.
Cooperation Commission, Develop
ment of Railroads and Section
Nine.
The purpose Of the Corporation
Commission in Oklahoma as well as
the Interstate Comri rce Commis-
sion at Washington. is, to insure hon
esty. responsibility. and publicity OF
the TRANSACTIONS OF railroads and 9th
er public service corporations. Pub
licity can not be had unless power be
lodged with tho commission to ex-
anime the books and transactions of
the carriers, and TO compel them at
any time to disclose information
touching their contracts, repairs. and
other operations Hence the clauses
in the constitution giving to the Ok
lahoma Corporation Commission pow
4 er to examine the books of the car
riers and compelling them to keep
I their books and hold their meetings
in the state and to have an agent Ia
the state. All these things have for
their prime object the preventing OF
trusts and monopoly.
The Four Causes. OF Monopoly.
All monopoly grows out OF some oil
the following four causes:
First. Out OF transportation facili-
ties, such as discrimination in rates,
rebates, terminal or side track or ele.
yator charges.
Second. Out of the exclusive owner.
ship OF the natural treasures OF the
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