The Bridgeport evening farmer., 1912-10-30

THE TRUSTS
 Neither branch of the Republican party proposes to set private monop- o1y aside, and unless we can set pr1- vate monopoly aside the enterprise of carrying the government back to
 the people is impossible. The Dem
 ocratic platform says that pr1vate monopoly is in every case indefen- sibIe and intolerab1e, and subscribe
 literally to that stateEnent.-Pueblo, Colo, Oct. T.
 Trust Program.
 The Democratic party proposes to
 regulate the use of the power that or- ganized capital can make. It pro- poses to see to it that the trusts no longer dominate by the means by which they have dominated, for they have dominated by putting all small l beginners in the business out of the game. You can't now get foothold in a local market in some of the big industries in this country; you can't t set up a rivalry Unless you have unlimited capital, which of course you wouldn't have when you
 were beginning, or unlimited credit, l which these gentlemen can see to it you shan't get, they can kill you out | in your local market any time they try on the same basis that they beat organized labor, for they can sell at 1 a loss in your market because they are selling at profit everywhere else, and they can recoup the losses by which they beat you by the profits which they make in fields where they | have beaten other fellows and put them out.
 Now you can stop that. Some body said to me the other day, "Is it fair to dissolve the trusts2'' We'll, it hasn't seemed to make much differ ence whether they were dissolved or not that have seen-that is to- say, nonninally dissolved. But would be perfectly willing to let them go with out dissolution, because if we can | make competition fair and prevent the giants from killing the pigmfes then am perfectly willing to let the brains of the pygmies compete with the brains of the giants. And I see a time when the pygmies will be so much more athletic, so much more l astute, so much more active than the giants, that it will be a case of Jack | the Giant Killer.
 I want simply if these gentlemen be1ieve-as they state in their circu- l lars advertising their stock-if they believe, as they state, that combin- ation produces efficiency and econ independent. competitors whom they can't put out of business by unfair competition and whom they can't de- prfve of credit which is necessary for the expansion of the new business. For now by interlocking directorates, | by being members of every kind of thing from banks and railroads and | mir fn 11f fr1< else that you can think of at the same time they limit credits. And that also can be prevented.
 I am willing to let Jack come into | the field with the Giant and if Jack has the brains that some Jacks know in America have then want to see the Giant get the better of him with the load that he (the Giant) has | to carry-the load of water, for I'll undertake to put a water1ogged giant out of business any time if you will give me a fair field and as much that the law does what from time inn | mem orial it has been expected to do L-stand by me, because I am weak | and need to be protected until I can l take care of myself.
 1 That is the program of the Dem l ocratic party-to see to it that com petition is regulated that you l won't have to regulate trusts, because 1 there won't be any. Trusts can't stand competition, let me tell you. 1 ssWen," you say, s'do you mean to
 break up big business altogether" l Certainly not. There are different kinds of big business. There is big 1 business spelled with big "B,'' and l there is big business spelled with a
 small 'tb.'' But one is inflated and l the other is not. The one belongs to 1 high finance, and the other belongs 1 to everyday, workaday success and | brains. There will be big business l in the modern world inevitably, be- l cause it is world of cooperation; it | is world of large operations; it is a | world of worldwide operations.
 l But there is world of difference 1 between the big business that grows l by enterprise and economy, by eff | ciency, by working capital, every dol
 lar of which is real and is used, and
 that which is artfhcialIy built up by | agreements arrived at by gentlemen
 | sitting in rooms where they put to- 1 gether units of every kind, good plants
 | with bad plants, efficient business l with inefficient business, and then
 pay those who get up the scheme
 such a large bonus for having been
 I kind enough to get it up that they
 | have to carry that bonus in the form
 | of stocks and bonds for the rest of
 their lives-Fa1l River, Sept 2s.
 Lop Off Patronage.
 The freedom of the government ol
 tho TTpitod States danandS mon po+.