Hopkinsville Kentuckian. [volume] (Hopkinsville, Ky.) 1889-1918, 1914-04-14

made strong speech here to-
day before large and enthusi-
astic audience. His reply to former
Governor Beckham was strong, caus-
tic and In no uncertain terms. Con-
gresham Stanley said:
Approaching the radical and irrecon.
cilable differences existing between
Mr.. Beckham and myself, in our atti-
tude toward the vital and paramount
issues now commanding national at
tention, and sincerely desiring to treat
him with the utmost justice and fair
ness, on May u, 1913, | wrote Mr.
Beckham rendering division Of time,
on the occasion of the opening Of my
campaigning at Glasgow on May is.
Mr.. Beckham refused to accept that
invitation Neither in that address nor
In any subsequent speech, have l at
any time or place made q personal al
fusion to Mr.. Beckham. l have not
questioned his honesty. his integrity or
his patriotism. have confined myself
entirely to a discussion of the COVER
nor, the measures he approved and the
acts he authorized and to other utter
ances made in an official capacity. |
shall continue as in the beginning, to
confne my attention to issues. not in
dividuals, measures, not men.
A national democracy under the lead
ersip Of Wilson and Bryan proposes
to restore a new freedom to the indus
tries of America. That is its supreme
mission 1t is not q fight, strictly
speaking, for religious or political lib
erty; neither is endangered by the
forces we oppose. 1t is a fight not for
the freedom Of conscience or Of speech,
but for industrial independence, the
liberation of the market place, from
the oppression Of monopoly. That
monopoly is secured and maintained
by means Of the holding company"
A holding company is a corporation
controlling and operating innumerable
other companies over which it has Sc
cured control and by which it seeks to
obtain an undue advantage over its
competitors. The control of these com
panies is invariably secured by pur-
NhdnlhS lhCll otNuAlAiNo VI ny iNHulAlh
their property and franchises. Such
combinations Of capital cannot be or
ganized without the power to deal and
dicker I'm the securities and franchises
Of other corporations. and such trans
actions have been unlawful in all well
regulated communities for centuries.
1t is therefore necessary to find law
makers who will unwisely authorize
such Illegal and pernlcious transac-
tons before these monOpolies can sue
cessfully operate
seekham Approves "HoIding Com
panies."
Now, Mr.. Beckham has by his own
act repeatedly conferred these rights
ppon corporations organized in this
and in other states.
He has furnished these monopolies
ample license to juggle their securities
and TO water their stock.
Now, | claim that public utilities
should not be permitted to issue stock
whenever 1t suits their convenience or
meets the approval Of two-thirds OF
their stockholders; that there should
always be some tangible value behind
the stock. If not, 1t is pure water and
Is a fraud upon the purchaser and is
often a fraud upon the public.
Woodrow Wilson as governor OF
New Jersey and as president of the
United States has said that trusts and
mOnopOlies can and should be destroy
ed in this country by forbidding them
TO do the very things Mr. Beckham au-
thQrizes them 10 do.
: ] disapprove, l condemn, the grant
ing OF such pernicious privileges and
dangerous powers TO great corpora
lions. The man who approves now the
things Mr.. Beckham authorized a few
short years ago has no fellowship in a
progressive Democracy.
Refused to Meet Stanley In Joint De-
bate.
After refusing TO meet me in Joint
debate, Mr.. Beckham, in an address
recently delivered at ElizabetLtown
INDUCES In a TRADE OF coarse and vul
gar abuse. assailing me, not az a pub
lie servant, but as a private individual
declaring that the gauge by which b,
STANLEY usually measures the success
Of one OF his speeches Is In the amour
Of perspiration he has been able 4
exude during It's delivery" / am no
only disqualified on account OF the fac
that perspire too freely, but my ges
lures come In for a share OF censure
He complains OF my violent and vehe
rnent gesticulation as conclusive evi
dence OF my utter unftness for of1cia
position. will admit for the sake o
argument that l am no orator as Nj
Boekham Is; lay no claims 10 tina
graceful and charming delivery whicl
marks all his utterances. In fact. hi
Yoice u low and sweet. he handles hi
hands beautifully. have never nc
deed anything particularly wrong wit
HE respiratory glands. and II the,
should get out OF order ! do not clair