The Washington herald., 1913-10-19

sion Of the business which Is said 70
have been broken UP.
Each trust case. of course. IL unlike
any other case IN some respect II must
be considered by itself. No arbitrary
rule can be laid down, consequently, for
the ending of all trusts Since became
Attorney General the Union Pacific Rail-
road has been required to dispossess
itself of the Southern Pacific Railroad.
which Il had owned for twelve years
A part of the shares went to an Eastern
and a non-competing railroad and the
remaining shares are to be sold to per
sons and interests not connected with
the Union Pacific Company.
"T think this particular scheme of dis
solution in this particular case will be
satisfactory TO the public When the
courts declare a combination to be un-
lawful. the several parts OF the combina-
ton ordered to be dissolved should be
owned finally by different groups Of
men"
cialisticg'' I inquired.
Judged by the standards of fifty years
ago. it is" Mr.. McReynolds replied. "a
modern instance viii illustrate what my
answer means. The Reading Railroad
Company owns s. per cent OF all the
anthracite coal lands in the United
States.
The Monopoly I'm Hard Coal.
THE coal lands cover small area in
Pennsylvania. Therein Is stored the
anthracite supply OF the whole country.
The Reading Company not only owns 60
per cent of these lands, but IT claims the
right to acquire by purchase all the rest
of the lands.
'The people. in my opinion, win never
permit the Reading Company. or any
other company, to obtain a monopoly of
our hard coal lands and mines. 1t Is
human nature, perhaps, to want all Of
the lands. and It is human nature to
prevent the ownership Of all the lands
from going into the same hands The
bulk of the human. nature in this case,
happily, is opposed to a monopolization
Of the anthracite supply. The monopoly.
therefore. will be halted by the people
in some manner. The manner may be
socialistic, IL all other ways fail"
EIkton. In Kentucky, a village Of 1000
Inhabitants, was the Attorney Generals
birthplace. His father was Virginian.
but after being graduated from the Phil
adelphia Medical School, he settled In
EIkton, where he was a country physi-
clan for fifty years.
"He had more common sense about
more things than any man I ever have
known" his son said to me. "A good
doctor, he also was a good business man.
II he said a thing was so. every one knew
that II was so. No person was ever
known to question his word"
did he give you a working code by
which to liver
He admonished me to keep in the
middle of the road and 10 tell the truth
He did not advise me as to the work, I
should do was left free choice Ny
younger brother studied medicine and is
now practicing in Los Angeles I grew
up at EIkton, and when old enough
Joined a debating club. Later, was a
member Of a debating club at the uni
versity. Before / was fully conscious OF
it, 1 was headed toward the bar. am
sorry debating clubs are not SO popular
as they used to be-"
Learned business I'm q Rank.
what hardships did the civil war
bring to your family?"
'It gave freedom to our slaves and
left us land poor. My father said he
would build his fortune over again and
he made the promise good in time.
Meanwhile, chopped wood on our plan
tation, plowed and took other lessons in
practical agriculture. Then, at the age
Of sixteen, I went into the Elkton Bank.
of which my father was part owner, to
learn how TO keep books and loan money.
The experience I gained in the oank
has been Of great value to me as a law
yer.
'T entered Vanderbilt University, at
Nashville, Tenn, when I was seventeen.
Ny father financed me through my.
classical course and also through the law
department of the University of Vir-
ginia- Hard times never troubled me.
So far during my life all things have
come easily John Barbee Minor was
my professor of law. He was a great
man and a remarkable teacher. having
as sound and true. an influence on the
young men Of the South as had Theodore
w. Dwight on the young men Of the
North.
'My practice began at Nashville. 1
had to start somewhere. My first fee
was earned as a counsellor A man
wanted to know IL he could make rail-
road pay for trunk which had been
burned up in one of its stations. I told
him that he could not and charged him
| s. for the information. got along very
well from the day I opened an ONCE and
felt independent and comfortable. know
ing could write home IL necessary. But
It was never necessary. f2
Law business often comes to young
man In ways which seem to be acci-
dental. That, at least. has been my ex-
perience. The first requirement In build
! ing up a practice Is to make acquaint-
ancesL Then the man new at the bar
must impress those whom he meets with
the belief that he Is competent to take
care OF their business. A friendly at
titude toward the world Is essential. but
It will be OF little help unless the world
thinks the young lawyer Is capable.
Many large partnerships are organized