Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-07-30
Trust Evils Should Be Ade-
quately Punished
The Should Be Regulated and Restricted But They
Should Not Be Destroyed
Y y .

Stanley committee of congress spent years trying
find what should be done the has the
and mpoten conclusion that the control of corporations
Federal government recommended by Mr. Carnegie Judge
Gary and Others is semSocialistic in
beyond power by constitution congress
idea the great corporations
reasonable effective control by the the public
Carnegie Judge Gary
mi-Socastic.
The idea very definitely and briefly signed
tora by William Randolph Hearst than thirteen years ago
June 6, 1S99-when he said:
produ
ton The trust also great power which raise the price of Its
the
stroyed And what they destroyed"
the greatest have been con
past years the sins Mr.
Hearst predicted thirteen namely raising the prices
commodities robbng weaker rivals corrpng legislatures op
pressing the public These evils universally admitted
But they have been adequately punished The
Of justice has been shown to be weak The criminal clause of the
antitrust law has been robbed of its sting dis
solution from the highest court the United States
pvd the offending trust either of it's profits its dsmembered
parts has been found impossible to unscrambe eggto
Mr. Mogan happy phrase the omeet has been divided into
many parts and IN the process the market value of the whole has
been increased
Chairman Stanley idea of limiting the power by put
ting an arbitrary limit upon the amount Of business that
poraon shall do is not practicable and not 1t is of Mr.
Bryan fanatic and extreme d suggested by him four years ago
and discarded by everybody silly and finally abandoned by
him
just reasonable to put an arbitrary limit on the
traffic which 1t shall haul
the journey from New York Chicago Men goods
carried quicker cheaper and better by railroad than
they possibly could by eleven Freight carried long
the United States lower than anywhere
in the world and this due great railway systems
genius of men, concentration cooperation and volume traffic
undreamed of few years single telephone company
stretches from the Atlantic the Pacific Although there
Vulnerable Independent telephone companies the
single does than half the telephone business of
country possible talk its from New York Den
yer, 2,100 miles
According Stanley 30 per idea this com
would be acquired by
bencent sepbu should be Split up many parts every
would have three four different telephones his
one is convenient
But every realizes the corporation so pow
eru that nothing less than the itself supervise
and control it. To Chairman Stanley does that congress
has power under the constitution the corporation
powerful than all the people represents
the whole people The constitution the control
of interstate That control has already been extended
the railroads Even that right ubbor contested and siren
uousy denied for many by men like Stanley but
universally conceded
But single corporations greater than single rail
affect the public interests closely than any single railroad
The largest railroad system the United States year
only about onerd the business of the United States
poraton in good times
We sorry that Chairman Stanley long arduous
centous work should have led him such weak concusionto
such contradictory and extraordinary ideas that
porons but the other hand has to put some limit
the size of corporations and the of business permitted be
done In his first conclusion Mr. Stanley bele the
second he magnifeS It's powers beyond all reason
Mr. Stanley underestimate organization, cooperation
odation He oveesmates the power Of in thinking
that it can do what ought not to do and not do
Irresistible natural forces and tendencies behind the great
growth Of the corporations To that these irresistible forces
be stopped by Of the legislature conomd
congress with act of God
The which already powerful any midi
yidual powerful than all the people
they be controlled the public interest by all the people acting
through congress-