The Washington times., 1911-08-08

| the United States have been compelleo
| to abandon competitive methods anu
a case of when, in the course OF hu-
man events, II becomes necessary pc
cause in the course of human events
| the inventor, by lis work in the past
half century, has placed In the hahus
| of all the people such an amount OF
space-annihiadng machinery as 10 nul,
| lify distance, wipe out state lnes, anu
draw the people, not only OF TINS coull-
try, but of the world. 50 cIOse -oaI
competitive methods mean death anu
destruction to trade. Keenly reanzins
this, what was more natural Inan IL, to1
| the descendants of the men VINO dIem
| our Constitution to endeavor TO IoilUn S,
| the example Of their forefathers ana IN
troduce into commercial analrs tne
same principles that were pron'.i!S3so,,3
| in the adoption of cur CohsLleuiod: III:
| For what more have our business leau an
efs done than to declare that we. the
business men Of the United States' IN
order to form a more pertect utLU,
| ablish justice, insure trace unSoIaI
| lity. provide for the common conInetic coetSra cal
defense promote the general wena[e,
and secure the blessings OF co-opeIaI
] 10 ourselves and our posterlty, 90 os ss
clare that ruthless competitlve inethe 81 tpe
%re.iest number and must, therefore, be
abandoned"
Sure They Were Right.
While the master minds Of commerce
have seen this and have been WORKING
tooth and nail for 1t, they have been
SO sure that they were right and that
the country's best present and ultimate
interests would be served by such
course, that they have utterly failed
to realize that the laws of our land
were made to At old condiions-connt-
tlons that existed in naturally COM
petitive times; and in place of stop
ming the work of commercial upbuild-
ing along these new and original lines
long enough to inform the people as to
what they were aiming at-long enough
to have an intelligent and full discus
sion of the reasons for the mighty
change, and in this way secure chanSe
In the laws, they forged ahead with
their projects feeling sure they were
right and relying on the intelligence OF
our legislative bodies to do the con-
structive thing in the end. This was
mistake and il has put our business
caders in the attitude of apparently
breaking and defyiEg me laws OF the
land
The time has now come when we are
obliged to stop and fight the question
out The question clearly Is, Shall
American business men be driven back
and forced to continue under old. ruth
less competitive methods, or shall they
be allowed to go forward, Keeping pace
with the spirit of progress, and secure
for one and all the many advantages
and benefits that come from doing busl-
ness on a cooperative basis?'
Our very Constitution starts with the
declaration: We. the people OF the
perfect union" The central thought Of
those men at that time was to effect
consolidation: to organize holding
company with thirteen subsidiary com
panies; to create a monopoly In govern
ment In this country-and they said they
did it to establish justice, insure do
mestic tranquility, provide for the COM
mon defense and promote the general
welfare" From that day to this, when
any new government in this country set
itself up as such and grew strong
enough TO be recognized as such. the
original holding company took 1t over,
absorbed II, and put II out or business
as an independent government II sun
had the right to retain It's local sell
government, but it had to swear al
iegiance to the holding company, ana De
loyaI to the officers and policies or SAID
holding company.
After this holding company had been
in existence for some time, and had
taken over great many subsidiary
companies, difference arose and some
of the subsidiary companies declared
that they had the right to Withdraw
and were going to withdraw. to set up
a
company said they could not withdraw,
and mighty war followed. in which
the subsidiary companies, who tried. to
withdraw from the holding company,
were forced to surrender and remain IN
the holding company.
Held BY Common Bond.
This is what happened during the de-
velopment and growth of the statesman
ship policy Of our people. These various
States have been welded together In one
vast consolidation for the common ad-
vantage and good. There was fight,
desperate struggle over the PROPOSE
ton at one stage of its progress, but
latterly every one has recognized the
wisdom Of the scheme and there has
been no question of a struggle or
fight We settled the question as to
whether we should have one great hold
ing company in the craftsmanship Of
this country, or break up into half
hundred Independent companies, each
with the right to compete with and
fight the other. AS each new subsidiary
has come into existence il has asked
for admission to the holding company
and been absorbed.
Almost an exact parallel has occurred