Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-07-30
Trust Evils Should Be Ade-
quately Punished
1.-THE Trusts Should Be Regulated Restricted But They
Should Not Be Destroyed"
y y =

Stanley committee of congress spent years trying
find what should be done the 1t has to the
pont conclusion that the control of corporations by
Federal recommended by Mr. Carnegie Judge
Gary and others, semi-Socialistc in its nature and
beyond power invested by the constitution congress
The idea that the corporations the end submit
reasonable effective by the the public
Mr. Carnege idea Judge Gary and it not
miSocialistic
The idea very definitely and briefly stated signed ed
ora by William Randolph Hearst than thirteen years
on June 6 1S99-when he said:
The trust abong device that the cost Of poduc-
odes rob weaker rivals legislatures public
restricted they
shoyed And what is more. they not be destroyed"
Three of the greatest the United States have been
vced in the Federal courts the past five years of the Mr.
Hearst predicted thirteen years namely raising the prices of
commodities robbng weaker rivals corruptng legislatures and OPP
pressing the public These evils are now universally admitted
But they have never been adequately punished The punitive power
Of justice has been shown be weak The criminal clause Of the
antitrust law has been robbed of its sting of dis
solution from the highest court IN the United States has not de-
prved the offending either profits dsmembered
parts 1t has been found impossible to unscrambe to
Mr. Morgan happy phrase the omeet has been divided into
many parts and the process the market value OF the whole has
Chairman Saney's idea of limiting the power by put
ting arbitrary limit the amount of business that
poraton shall do practicable and 1t of Mr.
Bryan fanatic and extreme ads suggested by HIM four
and discarded by everybody silly and finally abandoned by
just put arbitrary on the
number of miles which railroad shall operate the of
/
Formerly travelled different railroads max
ing the journey from New York Chicago Men and goods
carried quicker cheaper and better by railroad than
they could be Freight distances
in the United States rate lower than anywhere
else the world and this due great railway systems the
OF concentrations and volume of traffic
undreamed OF few years ago single telephone company
stretches from the Atlantic the Pacific Although there
Vulnerable independent telephone companies traversed
single than half the telephone business of the
country 1t possible to talk It's wires from New York to Den
yer, 2,100 miles
According Mr. Stanley foolish per idea this
he
benefcen pbu should be split many parts and every
would have three four different telephones his desk when
convenient
But every realizes that the corporation has pow
e that nothing less than the government itself supervise 1t
and control it. To say Chairman Stanley that congress
has power under the constitution say that the corporation
powerful all the together Congress represents
of interstate That control already been extended
the railroads Even that right subboy contested and
uouy denied for by like Stanley, but it
universally conceded
But single corporations greater than single rail
road create interstate than railroad and
the public closely railroad
The largest railroad system United year
only about onerd the business of the United States Steel Cor
poraOn in good times
We sorry long
sentou work should have led him to such weak conclusion
such contradictory and extraordinary ideas that
hand has and regulate Interstate
poraons but the other hand has to put some limit upon
the corporations and the of business permitted be
done In his first conclusion Mr. Stanley beittes the
second he magnihes its powers beyond all reason.
Mr. Stanley
sodaton He overestmates the power of thinking
that do what it ought not o do and do
Irresistible natural forces and tendencies behind the great
growth OF the corporations TO that these irresistible forces
be stopped by OF the legislature conound
congress with act OF God
The which already powerful any ndi-
vdua powerful than all the people,
they be controlled in the public interest by all the people acting
through congress