The central record. (Lancaster, Ky.) 18??-current, 1914-07-02

exception, who ever sat in the COVER
nor's chair and despite the splendid
ability and faultleSs personnel of the
eminent Democrats who were on that
ticket with him. Had we given hattie
to the common enemy upon any other
issue than the administration Of J. C.
W. Reckham. Ha2er. Ellsworth. Hen
bricks and LalfDon and the rest of
them would have swept the state by
majority Of :GUGO
At glsucr il would seem hard to
find some new fault i'll an admiuistra-
ton 50 often assaulted, which always
has and always VIII prove milestone
about the neck. of the Democracy OF
Kentucky. Yet 80 rcplctc is his seven
years of authority. with tine cruel sac
riiice of the peoples rights ana thu
shameless service to powerful and
privileged interests. rhaJ / have no o.
casioH to repeat any criticism Of u.
conduct previously ulade no matter
how just or well established. IT..
boasts too soon that iii my long auH
exhaustive search % liz record hay.
found only three measures upon which
to base an absurd charge"
Let him not lay that Gathering umr
ton to his soul" | have Just be-u.
to anulyZe and to expose his otiicia
acts. Before this campaign closes hi
former critics will find that they have
been mere cleaners all in this bound
less field OF official sin.
And | now state. and Mir. BeckmIa
will not dare to question or deny it,
that these acts originated. not with
the eminent gentleman WHO introduced
them. but in the Offices Of the counsel
for the corr. rrIt;ol>. who Subse,Iuruil,
were TO become the immediate bcneh
Charles of tneir euuctmcut-thc South
ern Pacific and the Louisville ana
Nashville Railroad companies. Mr.
Beckham asks in rci@ned surprise. Is
it not straLge that no one. either he
fore or sine" the passage Of thp%, laws
many years ago, has ever found r.a-
son to criticiSe ihuga or 10 seek "a nav.
them repra'ed:" Va. it j. Mt II al
strange. since the enactment If those
laws. i We are To believe his political
g0dfatherS. MesSrs. Knott ana Stufely.
either Mr.. Eccklrm or AugjiStus +
Wilson have been the actual governors
of Kentucky, 50 far rs thr control of
legislation - concerned. and it, woulG
have been an easier task to have d..
vorced Wilson from the tobacco trust
than 10 have got by Mr.. Hrckham aad
that valiant pair now active in his he
half.
Over such legislation as that thri.
guard IS sleeple>~ sam watches while
Percy prayS
If legislation Of this character had
been repealed and condemned else
where. wherever right thinking and
forward looking men bad the power to
wipe it from the statute books. il
should not, of course he tolerated in
Kentucky.
Ten minutes inspection of the stat.
utes of any progressive state will
teach him that those VIII" seek to IRE
vent railways from operating c0aI
companies ana steel mills from own
in" timberlauds and town sites have
had no need to resort to dishonest
methods to secure the aid and ap
prevail Of progressive and Intelligent
men ia the condemnation IF the ner
Hicious and perilous latitude still civ
cIl to railroads and other public utiH
ties in Kentucky
Edgar II. Farr;;r. president Of n
American Bar association. in an ad
dress recently delivered il Boston
Aug. 20, 1911. Denounced such acts il
scathing and uumeasured terms. Say.
Mr.. FArrar:
TO my mind, the most vicious of al
lie provisions in the statutes aboy,
enumerated is that authorizing one cor
paration to own and vote stock in an
other. This provision is the mother al
the holding company and the trust L
provides Il method for combining I'm
der one management and control cor
partitions from one end Of the nation
+" the other. Before these statute.
were passed the courts Of the counfr,
had held with great unanimitv that +
j. against public policy for one coI.pn
ration TO hold and vote stock in anOtb
or. and the general ground Of the doc
tJine is that such stOckholding tend,
10 restrain trade and to foster mono
poly. That this doctrine is true ha,
been demonstrated by the fact tha
most of the great trusts have clothe,
themselves in the form Of holdin.
rumpanies'
A!r. seckhaIn says 10 one either he
tur2 or since the passage Of those law,
many years ago has ever found catls,
Ia criticise Them or to seek to hay,
chem repealed. and then this man di
.ateS on my ignorance. Laws of thi,
character have been condemned =
congress and out Of It by lawyers. leg
is!atorS. political economists and b,
progressive governors everywhere.
He would have you believe that
never said word against pernittin.
one corporation to hold the stock Of
Grcther or to keep railroads from con
trolling the businesses they were con
St"ucted to develop until by the use @,
dishonest methods attacked thas,
;hrgp acts Of the legislature for the sol,
purpose Of compromising him.
For years in bills. in the report OF
the steel committee. in addresses on
tie hastings in NalEcky. before linan
cial and pnlitical examinations all Over