The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1914-01-21

business Of the country into disre-
nrte and danger.
n:her questions remain which will
re"d Yery thoughtful and practical
treatment. Enterprises, in these
modern days of great individual for
tunes, are oftentimes interlockeC.
not only by being under the control
OF the same directors, out by the fact
that the greater part of their corpo-
rnte stock is owned by a single per.
Aoo or group Of persons who are in
some way intimately related in in
teeest. We are agreed, ! take it,
'hat holding companies Should be
prohibited, but what OF the control
ing private ownership OF individual.
or actually cooperative groups of in
n!Hiduais Shall the private owners
or m capital stock be suffered TO be
themselves in effect holding compa-
mes we do not wish, / suppose
10 forbid the purchase of stocks by
eny person VINO pleases to buy them
in quantities as he can afford, or in
any way arbitrarily to limit the sale
M o Soock 70 bona fide purchasers.
ohai we require tn. owners of
stock, when their voting power in
several companies which ought to be
independent Of one another would
constitute actual control. to mac
election in which Of them thew will
exercise their right to yote? This
question venture for your consid.
grafton.
There is another mater in which
imperative considerations Of ;ustica
and fairplay suggest thonSbtfnI
remedial action. Not oply do manu
II the combinations effected or
acuTht to be effected in the ipdustrial
iVoiid work an injustice upon the
public in general; they also direcfIv
ard, seriously injure the individuals
ifno are put out of business in ono
I.nar way or another. by the many
.nis!odglng and. exterminatinp forces
OF combination. / hope that we shall
agree in giving private individuals
Vno claim to have been injured bv
tHese processes the right to found
tlclf suits for redress upon the facts
.ho judgments proved and entered
IN SUITS by the government where t,,n
soVernnent has upon its own ipitia-
I've sued the combinations cow
piained or and won its suit, and thai
Vhe statute of limitations shall hnI
stii cred TO run against such Jjti1nnte
oi!!y from the date of the conclusion
OF tne gorernment's action. II ia
not tair that the private Iitio,-+
!. mould be obliged to set up and estab-
iiSn again the, facts which the pov-
,lnment has proved. he can NOT a.
ioFd, he has not the power. To mato
use OF such processes Of INQUIRY NJ
~ ne government has command oP
mus shall individual justice he dona
Mnne the processes OF business are
rechhed and squared with the oene
er.t CO.. rec. ee"-
! nave -ln the case beHora vo, ,o
io9bt rs it lies in your own MINI &C
= rsy iies In tho thought Of the corntrv
" nat must every candid man SOW -
tae suggestions I have laid hcfo-a
you, OF thesp1ain obligations ~ So
nave reminded yo6? That these
are new things for which the conr
Iify IS not ptepafediT Noe7b,,t a..
lheJ are :ths old thifiRS. Sbt1 = sss5
ta,, ana must o3 course be nnSa;.
teksnl II we are idoosdaarA topS 49,.
Wlth the Thought and tVIesire ~ AZ
country Untiifr theaa o ifh;So,s .ite
5Sis;il1ss, Ilrn rna
SG9s,uhtry 20, eTeF win be s,linsatisfiaS
hsy are IN these things our, nentorv
ana coHeagues. We are now abo,,,
g write the additional articles nf 80.
OF peace, the peace +bat
!: nonor and freedom and prosneritv