Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-07-30
Trust Evils Should Be Ade-
n,latelv Punished
1.-The Trusts Should Regulated Restricted But They
Should Not Be Destroyed
y y v

Stanley congress spent years trying
should be done the 1t has the
mpoten conclusion that the control of corporations by
the Federal government recommended by Mr. Carnegie Judge
Gary others is semSocialistc in its nature and
beyond the power invested by congress
The idea that the corporations must the end submit
effective control by the the public
Mr. Carneges idea Judge Gary and it not
semiSocaistic.
The idea very definitely briefly stated signed ed
by William Randolph Hearst than thirteen years
on g. 1899-when he said
The trust a can
which raise the price of it's
the should be made criminal and adequately punished
The should be regulated and restricted But they should not be de-
greatest United States
vcted the Federal courts in the past five of the Mr.
predicted thirteen years namely raising the prices of
commodities bbng weaker rivals corruptng legislatures and
pressing the public These evils universally admitted
But they been adequately punished The punitive
Justice has been shown to be weak The criminal of the
antitrust law has been robbed of its sting mandate of dis
solution highest in the United States has de-
prived offending either of its profits dmembered
parts has been found impossible to unscrambe
Mr. Morg happy phrase the omeet has been divided into
many parts and IN the process the market value OF the whole has
staneys limiting power by put
ting arbitrary limit the amount of business that
poraon shall do not practicable and not 1t of Mr.
Bryan fanatic and extreme ad suggested by him four
and discarded by everybody silly and finally abandoned by
It would Just reasonable to put arbitrary limit on the
number Of miles which railroad shall operate the amount of
traffic which it shall haul
Formerly travelled dnerenC
ing the journey from New York Chicago Men and goods
carried quicker cheaper better by railroad than
they possibly could be by eleven Freight carried long distances
average than anywhere
world this great railway systems the
of concentration cooperation and volume of traffic
undreamed of few years single telephone
stretches the Atlantic Pacific Although there
Vulnerable independent telephone the states raversed
single does than half the telephone business of the
country It possible talk its wires from New York to Den
yer, 2100 miles
According Stanley foolish 80 per idea this
would not be acquired by the reasonable
would have three four different telephones his desk when
is convenient
every corporation become pow
eru that nothing than the itself supervise
To say Chairman Stanley Does congress
powerful than all the people together Congress
the whole people The constitution congress the control
That control has already extended
the railroads Even that right stubboy contested and siren
uousy denied for by like Stanley but is
universally conceded
corporations greater any single rail
road interstate than any railroad and
affect public closely railroad
The largest railroad system in the United States does year
the of the United States Steel Cor
poration IN good times
We sorry that Chairman Stanley long
should have led him such weak conclusonO
such contradictory and extraordinary that
poraton but the other hand has power limit
the of corporations and the of business permitted to be
In his first conclusion Stanley bettles congress the
second he magnlhes ITS powers beyond all reason.
Mr. Stanley underestimate organization cooperation and
sohdaton He oyWesma the power of congress thinking
that do what ought O do and not
Irresistible natural tendencies behind the great
growth OF the corporations To that these irresistible forces
be stopped by act of the legislature is confound
congress with of God
The trusts which already powerful than any nd
vdua amy powerful than all the people,
they can be controlled the public interest by all the people acting
through congress