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THE POWER OF MONOPOLY
And Its Exercise Not Contrary
to the Laws ol the Land, Is the
Trust’s Contention. '
Now comes the tobacco trust be
fore the Supreme Court with the
declaration that there is no law
against the monopoly brought about
by the inherent power of wealth.
It is a most interesting defense, and
is also set up by Standard Oil.
Here is n Bimile to the attitude of
the tobacco trust:
Suppose there aro twenty ci/ar
stores in a town: The Supreme
Court acknowledges that you haye
the right to own ono store, but that
I have tho right, also to own nine
teen stores. But have I the right
to buy all of the\cigarsin existence,
oven if the effect of my purchase
would be to force you out of busi
ness?
“Yes,” declares the tobacco trust,
4l if a concern has the monoy, it has
the right to spend it in any manner
it may desire.”
The Supreme Court, however,
then comes back at the trust by
»sking “if wealth restrains trade,
does it violate the anti-trust law?”
The court, speaking through its
chief justice, Mr. White, put the
following to attorney Parker: ‘ ’Sup
pose,” said Mr. Justices, White
“that a man had, say, $100,000,000
in a strong box. Then, suppose
that he took out $10,000,000 and
invested it in this business, and that
he took out $10,000,000 more and
invested it in that business, and so
on,until these investments put him
into complete control of anything.
Wov 11 you say tin t this was the
mere power of money, or would you
.•say that it was the exercise of the
power of money? ’ ’
“Surely the rich man must not
be forbidden to engage in trade,
merely because he is rich,” was the
answer of the trust.
The chief justice then propounded
‘smother question: “Suppose,” said
he, “that a man with $100,000,000
invest his money in such a way that
no common sense mind can fail to
aee that by his investments he has
made all human competition impos
sible. Is the result due to the
power of wealth, or to the exercise
•of that power?”
Again Mr. Parker answered that
the Sherman law does not seek to
limit fortunes, nor to forbid the use
of wealth, no matter in what
amounts, in trade.
“But,” said the chief justice' “if
a man is so rich that by distributing
his wealth in investments he ex
cludes everybody else in the world
(from a business, would that be
monopoly?”
. “Under the law, no,” answer Mr.
barker.
It is the claim of the trust, and
this is the basis of their defense,
that a corporation may do by pur
chase what it may not do by con
tract, and that this is merely the
<tidinary, natural and inherent
power of wealth; that there is no
law prohibiting the size of wealth,
and that, therefore, the power of
wealth, when so exercised, in prac
tically unrestricted.
The government answers this
argument this way: First, that it
does not rest its case on the ground
that the inherent power of wealth
has caused these monopolies, but
contends that there has been pitent,
conspiracy, aud many acts to ex
clude less powerful individuals from
the field; and second, than even if
the monopoly was the result of
purchase under the inherent;power
of wealth, the government does not
admit that it would be legalized
monopoly.
Slaton Would Like to
Go to Senate
Atlanta, Jan. 23-John M. Sla
ton, president of the state senate, is
ELLAGRA NOT DUE 16 CORN
Illinois Board of Research Has so
Found—Corn, In None of Its Con
ditions, Causes Pellagra.
Springfield, 111., Jan 23.—In-
idfan maize or corn, of the variety
Illinois grows, is in no manner
responsible for pellagra, the
mysterious disease which has
perplexed the medical men of
many countries, according to the
first report of the Illinois Pellagra
Commission.
The commission will ask the
legislature for a fifteen-thousand
dollar appropriaton to continue
its research. The importance of
the commission’s report lies in
the fact that it contains infor
mation that corn, in none of its
conditions, is the cause of pel
lagra.
Illinois is the first state to re
cognized pellagra as a disease
offically, and make official in
vestigation of its origin. The
outbreak of pellagra in the Peoria
State Hospital for the insane a
year ago caused Governor Deneen
to name a comission, empowering
them to make the inquiry. The
experiments made were largely
negative.
r
Georgia Briefs
J)
15 DAYS
A new Greek letter society has
been organized at Brenau College
at Gainsville with a membership
of Georgia representative girls,
Fire broke out in the old build-
of the Atlanta Journal Friday
No damage. Origin unknown
unless it was some of Dick Gray’s
left behind editorials.
Edward Walker, the Bibb,
county farmer, was convicted
Friday of murder and sentenced
to hang on March the tenth. He
burned his wife to death last
August by pouring gasoline on
her clothing and setting it on
fire.
Savannah now has a full fledged
band of Boy Scouts. It was or
ganized by the boys department
of the Y. M. C. A. Friday night at
Bethesda aroun i a camp fire after
a ’possum hunt and after the
.possums caught had been baked
with sweet potatoes an eaten.
Only two months before he
was to be married, Robert A.
Blanchard, a wellknown south
ern Railway employee of Atlanta
dropped dead in his office in At
lanta Thursday while at work.
Mr. Blanchard is a nephew of
A. W. Blanchard, of Agusta.
The funeral will be at Washing
ton, Ga.,
Captain A. W, Force, super
intendent of the Confederate
Soldiers’ Home, has been fired by
the board of trustees following a
despute which the superinten dent
had with one of the inmates, M,
C. Few. Force beat him over
the head with a stick, it is
charged. Captain J. W. Hudson,
of Marietta, formerly a captain
in the seventh Georgia regiment
was elected to succeed Captain
Force. The latter has been sus
pended ever since December
the fourth:
As the winter will soon be over, and I have a good
quantity of winter goods left, and instead of carrying them
over for next year, will offer these winter goods at
Sacrifice Prices
Thus enabling me to also make room for my big
line of Spring Goods, and at the same time sell you bar
gains, the like of which you never received before in this
town.
Some of the small lots of goods, odds and ends will
be sold cheaper than they are quoted in this circular.
This Sale Will Positively Last Only
Fifteen Days.
• / <
Beginning Jan. 21 and Closing on Feb. 4, 1911
the latest man who has been seriously
mentioned as a candidate for the
United States senatorship in June
to succed Hon, J. M. Terrell. With
a cheerful frankness not often en
countered in the best of politicians,
Mr. Slaton admitted that he would
like very much to be United States
senator, but would not announce
until he had some indication that
others beside himself, and numbers,
wanted him to fill the chair. Mean
while Mr. Slaton is a candidate for
re-election to the state senate. The
United States senatorial race is fui-
ther complicated by the probable
announcement of Herbert Clay, of
Marietta, son of the late Senator
Clay. This makes seven numes
talked of.
Do Not Miss This Great Opportunity
and Come and Get Your Big Bargains.
ABE POLLER
CAIRO, GEORGIA.
. hibAJm*
Our motto; is to sell absolutely the
Finest Quality Obtainable
for the money invested in each article
we have. This statement is well borne
out in our big stock of the
FINEST FURNITURE. 1 |
Our prices are as low as the lowest
and are our be£t business producers.
We Sell for Cash or Credit.
Our terms are liberal and you pay
for anything in our store so easy you
hardly know it.
WE DELIVER THE GOODS
anywhere within a reasonable distance,
WATCH OUR ADS each week.