El Paso herald. (El Paso, Tex.) 1901-1931, 1910-08-11
ucts at increased prices through third

! ducts at increased prices through third
persons.
! The harvester trust is gone. but
| the lawyers of the harvester trust
have turned merchants and are selling
| TO us the machinery at an advanced
price which we declined to buy from
| their clients direct. The other states
| in which the trusts are situated are
| lauehing at US We even allow our
J great iron plant-the Rusk penlten-
| tiary-to stand idle because there ldoes
| not seem business sense enough In the
| present administration TO run 1t ana
| we refuse to lease it to any one else
| until the lessee will make an affidavit
! that ne has no connection with similar
nlants elsewhere. In other words, We
prefer to ship iron ore out OF the state
| and have it manufactured into iron or
| steel to ship it back, pay freight
charges both ways and profit to a
! third person to handle it, rather than
| TO have it made in our own plant ana
TO give employment to our own people
and to furnish market Ior our own
/ nroducts This may be business sense
! TO the present Democratic party, but
| it looks childish and silly to me.
Foolish Bank Policy.
TT is illustrative of that econom-
| ical wisdom which Texas democrats
DISPLAYED for more than 40 years In
| forbidding the Incorporation or Dank
| by its own people and in its own ter
ritory. And let no one suppose that
( the Democrats opposed the orgdhlZd-
tim of state banks because they Ia
Torad national banks On the con-
trarv our constitution forbade the ere
| alton of one, and every Democratic
platform for years demanded the aDo-
ntion of the other. We were Simply
opposed to having any banks al IA, az
! and vet when five years ago we SUD
denly discovered that they were
necessity we amended the constlcu-
ton and we enacted a law win an
emergency clause and today more imam
500 state banks are in operation In
grand old Texas.
Texas Makes Little.
ct ;rsis+ that stare laws forbidding
all manner of combinations are lnJu
ious 10 the people Of Texas so long as
we buy our manufactured prooucIs
elsewhere. Practically every thlng oI
that sort that Texas buys she ouys
from the north and east and In states
in which the prices of manufactured
products are beyond question 1requenI-7
" regulated by private agreement She
paws freights on these Things from One
corner of the nation to the otheT- ne
factories themselves pay TO her no tax
es. They give employment TO no LABOR
in her midst They consume but lttle
of the produce which she brings from
the farm and garden She remains an
agricultural state because no laclo.y
of any inlportanc dareS attempt 10
operate in her midst. L believe with
Mr.. Roosevelt that there are good
trusts and bad trusts Therc are Some
trusts that are intended ana 90, py
"a refrl business manag cement and pet
fer economic conditions. manufacture
and sell their product for lower price
than they could possibly be sold for
if they were made by a small lndivld-
ual industry
Short Sighted Policy.
"Such trusts are beneficial to the
people who purchase their goods But
our law condemns them as quickly as
II does the most outrageous monopoly.
We put them all on the same footing
and we strike at them not only with
the malice of the adder. but also with
its blindness In other words we
have lost our business Judgment.
I'VE have thrown aside all pretense
of reasonable business principles and
We attempt to destroy NOT alone tne
conditions which hurt but also the
conditions which help L believe in the
common law rule which embodies the
wisdom of ages. Every one should Dc
allowed to combine to obtain fair prices
for his products and no one should be
allowed to combine TO obtain an IN
reasonable price.
Holding Texas Back.
1.-The great state of Texas mas nor
a single city of 100000 population. She
hardly worth considering. She still
believes in the production and sale Of
raw cotton and she has produced and
sold enough of it in the last 20 years
to purchase a good part of the earth.
stream of gold has constantly flowed
through her midst but blessed with
the fairest and most productive land
on which the sun shines, many Of her
people have remained poor while those
who have pursued different business
III l. hi Nan ITr,or-
land have become rich This cannot be
charged to the tariff. The burdens and
blessings of the tariff fall alike on the
people in Maine and the people in Tex
as If the people of Texas have not
taken the same advantages of them
as have the people of Maine it is their
own fault.
.Rather Groan Than Shout !
There has never been a, reason why
factories should not flourish better in
the south than in the north, except
the fact that our people had rather
groan than shout. We have better eli
matte conditions and we have the raw
material at our doors. But we have
never realized the cold blooded fact
that the country that produces and
sells raw material and buys its man.
ufactured products elsewhere is rare
" prosperous or happy
ITO the people of Texas I PROFOUND
these questions: why do the people OF
ner CAPITA than those of Democratic
states? Why are the public school sys-
TENS better in Republican states than
in Democratic states? Why is the rate
of interest lower in Republican states
than in Democratic states? Why are
the wages of labor higher in Republi-
can states than in Democratic states!
Hear Only One Side.
There are thousands of grown men
in Texas who have never heard a Re-
d=
more who have never read a RepubIi-
can newspaper. They have been con-
tent to go through life hearing only
one side of public questions They
have assumed that the Republican
party was always against the south
They have failed TO realize that IL has
always been the party of progress ano
during the 40 years it has controlled
the destinies of this nation our Increase
in wealth, in population, in intellec-
L.