The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-28
La TOILETTE HITS
Big MONOPOLIFS
Proposes Substitute for Tah's
Plan Of Federal Regulation
Of Prices
GOES AFTER MONETARY PLAN
Reserve Association Would Give
Interests Control
In Opening Speech OF Campaign for
Presidency, Wisconsin Senator
Takes Bold Stand.

Cleveland, Dec. 27-Senator Robert
NJ. La Toilette opened his speaking
campaign for the presidency last night
1by an arragnment Of the trusts
and an enunciatlon Of his ideas
for the cure OF evils resulting from
the present system of government.
/ Senator La Toilette launched in
to a discussion of Elbert II. Garys
plan for federal regulation Of prices
as relief from monopoly Mr.. LaI
Toilette said he had no patience with
this method In his analysis he went
farther and said that ultimately the
government would have TO fix prices Of
labor. hours of employment and COM
pensation of original producers in or
der to fix accurately the prices to be
j offered the consumers.
Instead of the Gary plan or the Taft
/ plan OF a federal license for incor-
> porations Senator La Toilette prOpos-
ed his own plan for commission on
? restraint of trade TO relieve the coun-
= try Of the condition in which he finds
If. The senator saw great evil in the
growth of the trusts and describing
II said:
= Attacks the Trusts.
"a tremendous power has grown up
in the country i'm recent years. Again
. and again it has proven strong enough
: to nominate the candidate Of both po-
litical parties Il rules in tho organi-
I 2ation OF legislative bodies, state and
national. and of the committees which
= frame legislation. It's influence is felt
= i'm cabinets and IN the policies of ad-
e ninistrat,ons. It's influence is seen
It in the appointment of prosecuting Of
acors and tho selections of judges up
= on the bench.
e oIn business II has crippled or de-
stroyed competition. 1t has stifed IN
dividual initiative. II makes prices
: and imposes It's burdens upon the con-
'e suming public at will.
u "In finance its power is unlimited
e I'm large affairs it gives or withhold
: credit. and from time to time contract'
II mr. initiates the volume Of the money
i REQUIRED for the transaction Of th'
IL business of the country regardless o
&c everything excepting its own profits
Al "It has acquired large control Of The
public domain. monopolized the natur
i al resources timber, iron. coal an'
oil
!" "And this mighty power has grow
nm In n country where. under the con
stitut,on and the law, tho citizen J
sovereign"
Aldrieh Bill is Opposed.
Although Senator Ia toilette mad
n M Direct reference 90 the presiden
" nor suggested his own candidacy h
Y included in his speech denunciatio
or the Payne -Aldrich tariff law imme
diatoly following his praise of labo
c orqanizaiion and his opinion that IN
sherman ant-trur law did not con
template III ION
"The pas 1c Payhe-NiuliO
bill was th ltraseouS "s'''u
OF private intl upon tne pe'p
recorded i'm tariff history, ne sa''
Nv no criticized tho proposed Nation'
nd poserve association Of the Aldric
tic Monetary plan.
t. '"The greatest menace To cohlpeutiO
h at the present time is the controi
he credit and the concentration of mono
es ,n tho hands of those who control Il
RS trusts" he continued
"Elasticity in our currency Is III
d. ncrative. and must he secured hui al
lis nIan 20 secure It, like that of the pr'
a. nosed National Reserve Associate
of which nuts control in the hands OF u
on hanlss and moneyed interests, w
d. stronstbon the power of the trusts
MS GO, capitaI. aud TO keep competito
ID from getting it Any such plan mu
ne controlled by the people. IL Is q
IN nconlo's money that is expected
ole oivo security TO any plan and the pc
Ter rto.a money must not be controlled
ir- those who. ON the plea of clastici
Tor will he able to use It TO KIN con'po'
,ia tors of the trusts.
the senator La Toilette described I
mic ,,annor of growth Of trusts and mon
S75 polies and attributed to patent rlsr
at The tarin laws and the money uu
ti- the reason for their being
lu- The Growth OF the Trusts
eer at any time within the last I
on or fifteen years whenever voice
ted hoen raised In protest, Il has been
Ienced. or discreditcd as an attack u
son on business and prosperity" he sa
mia orIonest. urselhsh. patriotic ehort
ars. awaken the public to an appreoiat,
in or the dangers threatened by .
op. ercat mower. has been denounced
fell tho work Of the demagogucs and Sc
on seeker whoever has heen e"n7p,'
ne Gus in sny movement, municipal 81
and or national. that man has been ma
lent ed ana proclaimed dangerous
he wherever such leader has o.
nor thorough going and effective IN
work---through a controlled press