The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-09-20

you are not cruel. aud when you show
an inclination 10 be cruel here IN a
governmental agncy that will remind
you what are the laws Of Christianity
Now. who In going TO be the keeper
OF the public conscience IN respect OF
the reformation OF our affairs through
the trusts IL that 10 the program why
this same govehnment which has
adopted the trusts. this same govern
ment II perpetuating the partnership
which IL now at the very root OF the
evil which we are nghting. because
the moment you legalize tho trusts. the
moment you say that tho evil they have
done cannot be undone you have srys-
talized the very conditions which now
hold American Industry as III In q
straight -jacket--for the means that !
would propose TO deal with the trusts
In simply TO see II they can carry their
over capitalization without topping
down; because N the business Ii worth
st00.000,ooo and II IL capitalized at
$500. 100000. and somebody else can 20
in with a hundred million and do that
business I'm competition with the nve
hundred million concern he can do IL
at an advantage that IL ave times
greater than the ether fellow, and then
we will see TO IL whether by genius
and invention and economy OF admir-
istration they can make a Ave hun
dred million watered institution pay.
All that I want L. that these gentlemen
Is organized for the sake OF efficiency,
for that Is the only leg they have to
stand on.
Bought Out Carnegie.
The whole process by which they
have built up the trusts shows they
monopoly--when they cannot beat a
man they buy him out invariably. The
most notable example Ii the way m
which MI, Carnegie was bought out Of
build better mills than anybody else
connected with what Afterwards be-
came the United states Steel corpora
ton They did not dare to elave him
outside because no matter what their
capital might be he would beat them
and so they paid him The most COM
plimented man l know of I'm the indus
trial history OF America IL Andrew Car
genius was boosted OF knew they were
no match for him and the only thing
they could do 10 beat him was TO make
his bank account so good that IL was
not worth while for him TO work any
more
Now III we can have men encoura X ed
TO go up into the held with natural
genius and put everybody else in that
business OF their mettle. then there
Will begin to be an Industrial revival
and a buoyancy Of business In this
country such as we have never known
before. Limit the field OF competition
and you will limit the field OF devel-
opment There is not now free enter
prise in the United States. All. how
the laboring men OF this country have
been deceived! How they have permit
ted themselves to be deceived! Don't
you know that these very men who
have been most successful In building
up these trusts are also the very men
who have been most successful In pre-
venting organization of labor?
Trusts Pay Poor wages.
Don't you know that one OF the OBJ
jects OF their combination Is to con-
troll the labor market and do you
imagine that they have ever set DELHI
crate plans for giving the working man
anything comparable in the way OF
wages TO his proportion OF the profits
which they themselves pocket? Why.
they do not have TO give the labor
ing man any more than he can get In
the competition OF the market and
they do not give him any more and as
a matter OF fact some OF the most high
Ily protected Industries In this country
pay very much lower wages than the
unprotected industries in this country;
pay wages that are below the living
scale: and at the same time these en-
terprises are making earnings so great
that they can build new factories out
OF their surplus every second year
IL Is one OF the grandest pieces OF
blum and humbug that has ever been
known In the history OF human decep-
tlon.
want to widen the market for Am
erican labor. l want TO see conditions
exist in which men will compete fol
American labor. I want men to come
| to time again when they will realize
that the highest priced labor I'm the