Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1911-11-29

every LNlle Tue #lutcioHdIe SoAAAiS1SC
commission decides case favor
able to the shippers, the Taft Com
merce court reverses' the deci- ion to
the benfit OF the railroads, ths re is
a movement among democratic and
progressive republican congressman
to legislate the Commerce Court out
of existence.
Judge Thetus w. Sims Ct Tennes-
see already has bill prepared for
the abolition of the court, and he
will ask his democratic colleagues in
the House to pass the measure.
Wall Street Interested.
The Clearing House association of
New York is raising a fund of $780,
900, to be contributed by bankers, to
n id the campaign in behalf of ex-
senator Aldrich's money scheme for
he further concentration OF the mon.
~ power and control Of credit of the
country.
Democrat from New Mexico. :
Although the regular or standpat
republican organization has carried
4 majority of members Of the NsW
.Iexico legislature chosen thr-e
weeks ago, indications are that one
democrat and one progressive repGb.
lean will be elected senators.
Democrats Friendly to Lakor.
Legi lat.on helpful to the cause OF
The workingman will be passed by
he Sixty-second Congress The lab
r leaders have assurance that TIL
e.nocratic majority in the House
i'll take up the SUBJECTS OF employ:
RS liability, extension of the ei5h-
.lour day in government work, re-
striction of the power Of il. unctioE,
-trengthening Of the safety appl :
lnces law, and prohibition Of the So
called Taylor system in government
york. w. B. Wilson of >Pennsylya-
ia, chairman OF labor committee
f the House, is himself an active
4lember of the miners union, which
); an assurance thal labor problems
will receive "a fair hearing before his
5ommittee.
A Democratic Way.
Congressman R. L. Henry of Texas
chairman OF the Rules Committee CT
The House, Will make an eff 1T dur n.
.ho coming session Of Congress to
amend the Sherman anti-,rlst law
that trust criminals" as he terms
chem, may be put in Jail when they
Violate the law. He is convinced
there is ED other remedy for the
urusts, evil.
Fines and dissolution suits are
childs play for trust 'magnates,," he
said, explaining the bill he will in
troduce. "Felon's stripes is tn.
only remedy for these commercial
outlaws who violate the law. My bill
legislates the rule Of reason out
If the Sherman law, and specifically
defines just what constitutes, a trust,
SO that there can be no further evas,
.on on the ground that the statuts
is a.miDtG uOus."
The Henry bill will provide i'm
)risonnlent for not less than. tw~
years for each violation. The Tex
IS mel.ber has assurances, he says,
hat his bill VII become w.
Economy Of Production.
Tainted news artcles are being
sent out from Washington to the eff
iect that it the steel trust is forced
20 dissolve, it will be too bad for
the poor consumers, for they will
nenceforth be deprived of the ''ecoa-
omy Of production resulting from
the one man management Ct the.
steel business of the country. The
literature goes en- to say that sr at
saving in the cost of manufac .ure
mas been effected by the scientific
systemization OF steel manufa ct IRE by
The trust.
The fact is, however, that the pres
ent prices. ct tin plate, wire and wre
products, are from 10 to so per cent.
higher than the prices that prevailed
Jefore the formation of the tin plate
and wire trusts i'm 1898. AS result
Of the economy of production" wh.th
accompanied the birth of the barb
wire trust, the price ct that article
jumped from $1-SO per hundred
pounds, in 1898, to $4.13 in 1899.
The present price is $2.05, and the
quality much inferior to that turned
out before the trust was formed
/, The steel rail pool has maintain
ed the price-of steel rails r:gi.ly at
$2S a ton every day since the steel
corporation was Termed. Previous y,
steel rails were selling we'll below
$50 ton.
The rule has been that prices
have advanced rapidly when trusts
were formed. If, as the steel trust
literature alleges, there were great
economies of production, the same
has gone to pay dividends OF highly
watered stock, to offset heavy con-
tributions to republican czmpaign
funds and to make up the $1,000
900 Of clear profit that ]. P. Morgan
drew down for the part he played in