Arizona republican., 1914-07-01

program. as it stands today. is made futile by this fear. Their official administration bills propose a weak federal trade commission, with no power except to investigate and re- port. Progressive congressman voted for the bill, not because it represents an adequate attempt to deal with a great problem, but in the hope that a day will arrive when the so-called trade commission will be given eff cient power to make it real trade commission, such as our national platform promises. and such as the bills we have introduced would pro- vide.
 ''The House of Representatives has also passed a bill supplemental to the Sherman anti trust act Many of the provisions of this bill deserve commendation. Similar provisions will be found in the progressive anti trust bills.
 But the Clayton bill goes hope lessly wrong in that it forbids speci- fically any combination or agreement | in interstate commerce, between any two or more corporations, firms or even individuals, which in any way | lessens or restricts competition be- tween them. This is the hub of their whole position. They propose that two farmers selling milk across state line cannot cooperate; and | that two men doing any business across a state line cannot cooper ate: and that two men doing any business across a state line cannot | form a partnership or a corporation They insist that there must be no big business power, concentrated power or large enterprise anywhere, and that our business must go back to the period of not merely 1850, but 1650 to the cobbler's bench, the grist mill and the blacksmith forge.
 This is economic absurdity Un- limited competition has proved one of the greatest curses of modern civili- zation. The New Freedom is merely the exceedingly old freedom which permits each man to cut his neigh bor's throat.
 By long and disappointing exper- fence we have had several cardinal facts hammered into us.
 First, we cannot, and do not want to destroy all corporations; we must | have large units to do our work.
 Second, we cannot make every man compete with every other man; we cannot go back to 1850. still less to 1850.
 Third, we cannot destroy monopoly | by attacking all forms of concentra- tion, whether monopolistic or not. Fourth, we cannot destroy real monopoly by attacking its legal form. We must find out and take away the real economic basis of monopoly. Fifth, we can get no effective re- suits through the courts, with their slow and restricted procedure. Sixth, we must encourage honest business and allow that business con- centration which will give the power necessary to serve us.
 Seventh there must be co-opera- tion among business men, among wage workers. and among farmers.
 we have had now 24 years experi ence with trying to regulate business | by destruction.
 | "The result has been nearly flat failure The administration proposes policy of further destruction, even more unintelligent in conception and certain to be more futile in per formance than the existing policy which it amends.
 "The only alternative is the pro- gressive plan From all of this 1t | follows that we have a right to ask good citizens to join against the po- litical administration The policies of the administration should be rebuked | by the people and senators and con gressmen returned to Washington | who will strive to end these policies" James K. Haekett, who is supposed | tO have inherited a million dollar for