Newspaper Page Text
\ Hi. Vlii.
BRYAN TALKED OF TRUSTS
Nebraskan Replies to Argument Presented
By Bourke Cockran.
BOTH NOTABLES ADDRESS THE SAME AUDIENCE.
Civic Federation Conference at Chicago Closed In
Brilliant Blaze of Oratory
The conference on the uses and
abuses of trusts closed its session at
Chicago Saturday in a blaze of oratory
in which ... Coloue. I Tp W. J. r Bryan Ti and w \\ .
BourkeCoek.au , ... , were the ,, central fig-
urges. Mr. Coekrnu followed the No-
hraskan, but disclaimed any intention
of debating the eonelusions of his im-
medrate predecessor, and declaring his
complete concurrence in much that
Mr. Bryan said.
The westerner delivered the speech
of the day during the forenoon, amid
frequent interruptions of tumultuous
applause, and Central music hall, tho
scene of the Civic Federation confer-
cnee on trusts and combinations, was
packed from pit to gallery when he
delivered his reply to W. Bourke Cock-
ran on the trust question. introduced by Gov-
Mr. Bryan was
eruor Stanley, of Kansas, who acted
as chairman at ilio opening sesnion.
Wild applause greeted the Nebraskan.
W. Bourke Cockran listened iuteutly
and joined frequently in the applause.
Mr. Biyan spoke in part as follows:
“Within two years more trusts have
been organized than withm the pro-
vious history of the country, and the
poopl^novveomo face to lace with tins
q '"S; trust a blessing or a curse?
“Monopoly in private hands is in-
defensible from any standpoint, and
intolerable. I do not divide monopo-
lies. There can be no good monopoly
in private hands until the Almighty
sends us angels to preside over us.
“Ihe entire defense of the trusts
rests upon a money argument. Jf tlio
trusts will sell an article for a dollar
less than the article will cost under
other conditions, then, iu the opinion
of some, that proves a trust to he a
good thing. In the first place, I deny
that under a monopoly second the price under JR re-
ducod. In the place if
a monopoly the price is reduced, the
objections to a monopoly from other
standpoints far outweigh the financial
advantage that the trust would bring.
But I protest against settling every
question upon the dollar argument.
“Jn the early years of Lincoln’s ad-
ministration he sent a message to con-
gross, warning his countrymen against
the approach of monarchy. He raid
.
be saw in the attempt to put capital
even upon an equal footing with labor
in tlie structure of government, the
approach of monarchy. Lincoln was
r ,V},f discrimination
by railroads has
aided trusts. That eat. bo remedied
by laws which will place producers on
equal footing. But the remedy
be completely right to prevent '.he or
ganizaticn of a monopoly. We differ
more in remedy than we do in our
opinion of the trust. I believe 111 a
state remedy, but there must bo a fed-
eral remedy. should the
“Congreps has, or have,
power to place such restrictions and
limitations, even to tlie point of prolii-
bition,upon any corporation organized
in one state, that wants to do business
outside of the state contrary to public
good. Colonel Bryan at this point read
the famous circular letter advertising
the corporation laws of Delaware. He
commented sarcastically on advantages
set forth in the letter and confined:
”1 have rend this letter in order to
show you that where a state can gain
an advantage from a corporation, from
these aggregations of wealth, if is not
such a state as may desire to secure
ife running expenses from the taxation
of corporations organized to prey upon
people outside.
“I am ready to adopt any method
for the annihilation of trusts. One
that I suggest is this:
‘•That congress should pass a law
providing that no corporation organ-
izoil in any state should do business
outside of the state in which it is or-
ganized until it receives from some
power created by congress a license
autliorizing it to do business outside
of its own state.
"In my judgment, when you take
froia monopoly tbe power to issue
watered stock yon will go more than
half the way toward the destroying of
monopoly in the United States.
“Some people have who tried works to seperate the
the laboring man in
factory from the laboring man who
works on the farm. I want to warn
the laboring men in the factories that
thev cannot seperate themselves from
those who toil on the farm without in-
viting their own destruction.
5 ^ \ /Iff
■Si I i n / /
I
| / Wf^WPI i J 4* j A 1 4
V'* *5
Mr. Bryan closed as follows:
“For 100 years this nation has been
y 4hp ears >fe Ibe 4 best fe. of all 4be nations fe ld ' hare look- fe
ed Ab j s na tion for hope * and instruo-
ton. T Let . us settle .,t these ,, great . ques-
bans that we have before us; let us
l oa( -b the woild tho blessings of a gor
U^howZn ZjT^
how prosperous doctnue people can God be made I be-
hove in the that
a11 ““ ut Ul “ same c uat in \ d d i d uo
! Q ak< ’ ao “ le ‘° cr “ wI ““ bands and
backs. , Le” ua^how what cau°be douo
when we put into actual practice those and
great doctrines of human equality
0 el l ua n b 1 s alK c ' a re i.s govern
tll0t wo etall lead the world step by
step & on to higher f grounds.” \
cin a s a of cheers/the ik n v waving arms
and a storm of orator re-
Sllme d his scat. Three-quarters of the
audience had been attracted by the
announcement of his appearance, '.Ln ap-
parently> for that propo left when
be !md finished '
Mr . B econd addre8H and Mr .
Cockran’s reply & y came during B the after-
noon . w> PouIke> of In diana> was
] 1Parf ] a ft P r dinner in n short snench
i n which he declared that he failed to
that the romedfes proposed by
^‘fe’TfeZent se Mon eoufdrt
of the obiect
80Ulr ' bt
Co !onel Bryan, who was sitting in
the back part of the hall arose and
nmid cheering, started to reply. Be-
fore be had uttered a dozen words,
however, cries “take the platform,”
cam n from nil nart# of the hall nrid
with a smile he did so. Colonel Bryan
then said in part -
.q wo „ld not occupy tho time again,
but fol . lhe /act that the gentleman
from Indiana (Mr.Fonlke) has referred
to ^ a plan whioh I suggested and I am
that ho does not fully under-
stand ‘ .q.' Mv J nlan was this-
Tll the state should have the
rig-bt * to create whatever private cor-
p ation3 the peo p) 1 e of the state think
best
bavj <<n That the ntite imposo’anoh has or should
the right to limits-
tions upon an outside corporation as
tbc peopIo t f of tho state may think neo-
,L tb : umtection That
it 18 r jght of the people of the state
to say, first, ’ what they shall organic
iu tbeir f;ta u as a corporation; and,
Fecon( ^ what, they J shall permit as a
3 <’ o biriMM Vhe ln“b«? rtlito "
3 . That federal government
hfts> or Bhould have, tho right to im-
e Bnch re 8 tri ctioi)s as congress
U1 tbiuk necessary upon any corpor-
at ; ( , n which does business outside of
tbo sta(e in wbicb it is organized.
coeUraw A K reo» with iirvun
At tho conclusion of Colonel Bry-
au’s address Iiourke Cockran arose
and started to speak from liis seat in
the hall, hut in response to cheering
and calls to come to the front, ho, too,
took the platform. He said iu part:
“Just one moment while I express
my complete concurrence in much that
Mr. Bryan has said.
“If there is a monopoly that limi- op-
presses I believe that there is no
tation, there is no provision of govern-
merit, there is no power on earth
against the people redressing a wrong
w-hen it becomes a wrong.
“The question to which the atten-
tion of thin conference should be di-
ks s r £ “l™ sr st
where has this ootopus got possession
of somebody? On whom is it noting?
Where is its isir? I nmfree to confess
that when you call an aggregation of
capital—a combination—a hydra-bead-
ed monster—an octopus—it don’t east
any light upon it that illumeH my
pathway. I enn understand how the
use of these phrases can have some el-
feet, as nothing incomprehensible frightens people so
much us noises.
(Laughter and applause). Lot a noise
be heard now that none of us under-
stands and wo will all be going out of
of the window. (Applause).
Great cheering greeted tho concln-
sion of Air. Cockran’s speech.
General discussion was then ro-
Burned. Ex-Senator Biair, of New
Hampshire, and William Wirt IIowo,
of New Orleans, read short papers.
Soon after, on the motion of Congress-
man John W. Gaines, of Tennessee,
the conference passed a vote of thanks
to the Civic Federation for the courto-
sy shown the visiting delegates.
The conference then adjourned sine
die.
ASII lUl UN, (JA., SATURDAY, NKPTEMKKR fti. 181)!).
negro miners shot
Bloody Riot Occurs In Oarterville,
Indiana.
CULMINATION OF AN OLD TROUBLE
White Union Miners Ordered tlie Colored
Men to Stay A>vay From the Town
lint Threat Was Ignored.
A bloody riot oeourred in Carters-
villo, HI..about noon Sunday In which
8eveu ,ie « roea were killod nrd two
others received slight injuries.
which The troubI has existed ° * rew all ont the ,,f summer ,hc 000 fe bo-
tween . ,, tho white , minors . of , ,, that , part ,
f lb rt t and Beg ro non-union
lllinei . e
Forty miners from the Herrin minos,
wiiftol^ist r ^ wbUeLnorsaH
the soon
n8 they heard of the outbreak of tron-
hie with the negroes.
The 1(lbm . troublo at Cartcrsville is
® 1 “® 1 y betweenIhdkina
b l "auV wMte
uiiucrs non-un.on minors
regultcd iu coiiPlderabl© loss of life,
a nd made it necessary to keep severnl
of 8l “ tc “ ,ht a on d " t ?
for months. J ho trouble has lasted
“ y ear ’. “ ud 0 ,VBuk
bad ‘ ,0 conditions ( become peaceful
ernmgh to . warrant the withdrawal by
°. pf*?. 1 f * 1 * P y
1 '
q- Slua ® 4 “‘ n the 4 , wh , ‘ te mi ” er8 ° f n Car ’
tersville . have refused . to . allow the no-
P'™* come into town, always meet-
“« he “ and ,,rder4uK 41,om back l
aimed, marched bo \ ev ".’ into tbir4 town, ® cu uc going « roeR - f to
I1 ! in .? is c «“ traI da pot It is
Sand fee . ^-Ver ^il^^Thousual
— d " bite Bfthered, how-
ev "’ a,ul n wordy quarrel began,
While this was in progi’ess some of
'bo negroes pulled their pistols and
bred into the crowd of whites
^bk ’ras the signal for a volley from
4K !n4tor ’ ' vhioh brought down four
.
All instantly killed .-n , . the .. •
were in storm ,
<)f bullets that followed tho first shots
from the blacks.
Tb, ' H 4m ' ibl ® ,xct ? tlon cnnsed tbo
negroes to scnUer and run some flee-
‘"F T tbe mam t,t r< L e4 ’ ^ b,le the re '
f" 'fe ! A » who ran 'fe , in the * d.reot.on T; fe of e
the town escaped, the whites fearing
e sboot j anger h, /‘ ooii Ht . oo fefeion uts because of
f *e negroes who fled down the rail-
rood track, however, were pursued
w '* b 8 merciless fire.
batl . fefe, d, ed tbo 1,0 tllfi fe °\ B4rcetB tbo fe began 4 sho 4o . tfl
bB with . excited, armed men.
Aft0r 4he crow<1 of ne 8 rocB lia -l been
billedl and seattered it was tho evident
,u4e ut fe °, f 4ho 1 D f" r ,a4od miners 4o
4 . 4b bi .
«° ° ° « “ 0 “' un,on
MI , .V ’’ 1 lC wo1
' *
All n the afternoon f . an ancry crowd of
mon l>“ ,r °l lfid the streets. Imtor the
lfe<=« 4 « d tfe to GreenviHo was appar-
cn4ly call( ' 11 <j4r ’
Appeal To the Oov,r n «r.
„ Moanwblle Manager Brush, of the
Kt ' Lo ’\ lfl and ]il K Muddy employed, mines, by
feom the negroes aro put
field and appealed to Governor Tan-
ner to send troops. The governor re-
sponded promptly, and two companies
were hurried to the scene,
The negroes are gathered at the
Brush mines, near tlie city, and aro in
a violent state of excitement because
of tho killing of their companions,
The presence of soldiers, however,
may prevent them carrying out any
plan for revonge.
MJUADRON AT NEW YORK.
Ship* of North Atlantic Fleet Heady to
Welcome Dewey.
A New York dispatch says: The
. At . an . '' naval , squadron, . ,__ Bear T ,
fe 0 A fefe fl rfefe ow ‘y- 6 4 0 wel< ' ome
The squadron consists of the New
York, the flagship; the Indiana, Mas-
sachusetts, Brooklyn and Texas. It
left Philadelphia, where it hud taken
part in the Grand Army celebration,
at five o’clock Friday morning and
made easy time to New York city.
TRIP WILL BK EXTENDED,
rreslitent will <j» From Chisago to mi»-
nsapoti# ami st- i’aui.
A Washington dispatch says: Only
four members of the cabinet, Haereta-
lies Gage and Boot arid Postmaster
General Smith and Attorney General
Griggs, were present at Friday’s meet-
ing. The president announced that
fie had decided to extend his Chicago
trip to Alinneapolis and St. Paul, and
considerable time was occupied in a
discussion of the arrangements for tho
cornerstone laying at Chicago, and
when ami where the members of tho
cabinet, neatly all of whom will bo
present, will meet the presidential
party.
PROTEST FROM CHINA
Against Exclusion of Celestials
From tho Philippines.
COUCHED IN THE POLITEST TERMS
Otis* Action In Ititi-rlng' Tliem Out Will in*
I-ooUutl Into IIy tin* (ioYoniiiumt
At WttHhltiKton
A Washington dispatch says: Tho
imperial Chinese government, through
its minister at the national capital,
Mr. Wu Ting Pang, has lodged with
tho state department an oinphutio pro-
test against tho military order of Gen-
eral . Otis, excluding Chinese from the
Philippines. Neither tho state depart-
ment nor the Chinese legation will
glvo any information eoucerning tho
protest, i but i <■ from entirely , reliable ». x ,
quarters it is learned that it insists
that General Otis’ notion is contrary
lo international law, iu violation of
existing treaties, and complete disre¬
gard of the friendly relations which
have been so loug maintained between
tpe two countries. Minister Wu called
at the slate department liiRt Friday
aud it is believed he submitted the
protest in person at that time.
The matter was promptly brought to
the attention of the president, as the
protest was of such a character as to
give the subject an international aspect
considerably beyond involved. the purely mili¬ said
tary questions It is
that China points ont that she has
welcomed the recent advont of tbe
United States into tho affairs of tho
far east, and has hoped that this step
would prove a further bond sml would
extend the relations botwoou the two
countries, particularly in tho neigh¬
boring possessions. Furthermore, it
is understood that among the specific
points of tho protest submitted by the
Chinese government, is one to the
effect that such an order is a departure
from tho announced purpose of tho
president of the United States to main¬
tain tho present status of affairs in the
Philippines until congress had deter¬
mined a permanent condition.
Tne military phases of the question
have been referred to Secretary Boot.
Owing to liis familiarity with interna¬
tional law, he probably will consider
tlie subject broadly, both iu its inter¬
national us well as its military aspects.
General Otis’ order wns issued some
time ago, without direction from
Washington, and although apparently tlie as a mil-
itary necessity, Chinese
protest urges' that, there is no such
military necessity, hut, on the contra-
ry, that the Chinese have rendered
valuate military assistance.
General Otis’ order is signed by
himself as military governor of tho
Philippines, and by Brigadier General
Charles A. Whitaker, as oolloctor of
customs, having a supervision 0 f
Chinese ' affairs It says-
“Tho laws of the United Mates which
prohibit the entrance of Chinese will
ho enforced here ”
The decree then excepts such Chinese
as liavo jrreviously lived in the Philip¬
pines, and who hold certificates show¬
ing this fact. It also excepts Chinese
officials, travelers, ete., exoepton un¬
der the treaty between the United
States and China. Provision is made
for registering the Chinese iu the
Philippines, and their deportation to
China in case of failure to rogister.
As very few Chinese other that those
now in the Philippines come within
the exceptions, the efleet of the de¬
cree is to make the exclusion practi¬
cally absolute.
General Otis made a report to the
war department on April 1st lust on
tho execution of the decree.
It is understood that the Chinese
government regards the outcome of
this protest with much apprehension.
It is pointed out that the Chinese have
long been established in the l’hilip-
pines, and that a considerable branch
of the industry of the Islands is con¬
ducted by them, and that this com¬
plete termination of a long-established
communication between China and the
Philippines injures these people both
personally and materially.
The Chinese protest is said to bo
couched in most dignified pointed and eourte- that
o'is terms, but to be so
no doubt is left ns to the deep uni¬
bruge tho Chinese government feels
over this order of General Otis.
ASK JUSTICE FOB hCHEEY.
Prominent Mnrylamltsrtt Frot«»tto Pre»i-
Air>t 1 11 Hi Admiral’* AMMlgtimout.
Governor Lowmles, Senator Wei-
lington, Mayor Malster, of Baltimore,
and General Felix Angus, called upon
President McKinley Monday aud for¬
mally protested against the assignment
of Bear Admiral Schley to command
the South Atlantic station on the
ground that it was not commensurate
with Iris dignity and the services ho
hail rendered during the Spanish war.
The protest was made voluntarily
and without Admiral Schley’s knowl¬
edge. The president listened atten¬
tively to what the Maryland republi¬
can leaders hud to say, but gave no in¬
dication of what he would do.
BLUE BOOK ISSUED
Negotiations Over Transvaal Mat¬
ter Are Unsatisfactory.
KRUGER DENIES MANY STATEMENTS
DeolareH That Aliens In the Tmnnvuul
Have Keen Hiven ItUrhfM lint Have
Declined To Accept them.
A London special suys: A blue book
containing the last Transvaal dispatch
of the secretory of state for tho colo-
“ies, Mr. Oharaborlain, relating to the
matters which led up to tho dispatch
text bp ' u * of 8( fe Mr. *'•*'"'"fe ClutinhoriAtn Ffeay. a note The ih
idontil . a | with th( , dispatch as cabled
to the Associated Pious September
18th. The only important feature ro-
voaled is a telegram from tho British
high oomiulftniouer. Sir Alfred Milum*.
( ,ated August Mist, referring to the
commercial distress and saying:
“I am receiving representations
wany quarters to urge the impe¬
rial government to terminate the sus¬
pense. British south Al'ricu in pro-
pared for t xtremo measures and is
ready to suffer much more in order to
see the vindication of British author¬
ity. It is tho prolongation of the ne¬
gotiations, endless and indecisive,that
is dreaded. I fear seriously that, there
will lie a strong reaction of feeling
against the policy of the imperial gov¬
ernment if matters drag.
Tlie blue hook throws no new light
on the situation except, to show that
tho commissioners’ patience 1 ms reac.li-
ed tho ebbing.
A published interview with President
Kruger, said to have taken place at.
Pretoria Thursday, is far more im¬
portant. Ho is quoted as sayiug:
”1 have tried all along to place tho
aliens in the Transvaal on tho same
footing politically as tho burghers.
Mr. Chamberlain snyH 1 have not kept
my promises. This,” thundered Presi¬
dent Kruger, “t dotty.”
Continuing, President Kruger is re¬
ported to have added:
“The aliens of the Transvaal have
tho same commercial rights as the
burghers and have always enjoyed
them without interference. I wanted
to let them have the same political
rights, hut they would not avail them¬
selves of this. Konghly, there are
more than 50,000 aliens who have been
here more than seven years and have
registered, thus being eligible to the
fefe wbo lmvo 180 ' availfid Yet of themselves the British of subjects it tho
d'tef , part havo been Afrikanders and
“ ot tng ish-horn hie shows that
tLo British in tho Transvaal <lo not
"fe ,b « franchise.
“In mv opinion there is no cause
whatever for war. Everything could
be settled l.y arbitration.”
A editU ’<‘ " { Tho London
P ' 1 ' 1 * 8 « "peeial dispatch
from New Castle, Natal, dated Hep-
tern her Ifitli, wliioli hears out tho
Hri,is, ‘ high commissioner’s stale-
'"fe, “ B u "W ,ho tHHaudors conn-
cil has transmitted to the imporml
government what practically furtficir delay. amounts
to a protest uguiiiHt.
The Times’ oorrespondent adds:
“Thero is nothing to confirm tho re-
ports that tho Boers will concede Air.
Chnraherlain’s demands. On tho eon-
trary, it is stated that 3,000 men will
ho dispatched to the border inimodi-
ately after tho Traanvnal’s reply is
aent. Everything points to tho pros-
pcet of an early conflict.”
TO < 7 I,KAR THE WAY.
Drey f iin Will Withdraw Appeal For
Kcvlrtlon of JtonneM Trial.
The Paris correspondent of The
London Times says:
“1 learn that captain Dreyfus will
shortly withdraw his appeal for a re¬
vision of the Bonnes trial, whioh will
leave the ground clear for the govern¬
ment to take immediate steps to par¬
don him. This pardon will not annul
the civil and military conseqnences of
the verdict, ami he will therefore, no
longer belong to the army.
“There is nothing, however, to pre¬
vent him from applying to the court trial
of cassation to quash the Rennes
whenever the new fact required by
law is produced. When liberated, he
will settle in the south of Franco, as
tho members of his family do not wish
to expose him to such demonstrations
of sympathy abroad ns might be used
against him by liis adversaries.”
HENRY DELECAL FREE
Negro Whose Arrest Caused tho
Darien Riot Acquitted
By the Jury.
Henry Delegul, colored, was acquit¬
ted in the Effingham court at Spring-
field, Gn., of tho charge of criminal
BBHuult upon a white woman in McIn¬
tosh county. This was tho affair out
of which grew the Darien riots.
The jury remained locked up all
night when u verdict of not guilty was
returned.
The cases of Edward and Melinda
Delegul, charged with being accesso¬
ries to the murder of Sheriff Town¬
send, were then begun.
No. 7
MONOPOLIES
H
Bourke Cockran Scores Trusts at
Chicago Meeting.
BRYAN DECLINED JOINT DEBATE
Democratic Leader Thought It
Unwise to Debate With
Eastern flan.
A Chicago dispatch says: The joint
debate looked for Friday night be¬
tween W. J. Bryan and Bourke Cock¬
ran on trusts diii not take place. Cen¬
tral Music hall was packed with an
eager audience, hut the people pres¬
ent had to content themselves without
the oratory of the famous Nebraskan,
who however, occupied a seat on tho
platform.
Air. Bryan reached Central Alusio
hall early in tho evening. He went
direct to a room upstairs, .where ho
was greeted by Chairman Franklin
Head, Congressman Gaines, Ralph M.
Hnsley and other members of the
programme committee of the Oivio
Federation conference on trusts. Mr.
Bryan surprised tho oommittee by
declining to speak at tho night session
with W. Bourke Cockran, in accord¬
ance with the programme previously
arranged.
Mr. Bryan explained that ho did not
wish to lot the impression go out that
lie was to enter u debate with Mr.
Cockran. For that reason I 10 said be
would not speak with Air. Cock run at,
the same session. Air. Oookran was
sent for and he and Air. Bryan dis¬
cussed tho situation. 'lire committee
withdrew to allow the two orators
settle the dispute among themselves.
Mr. Bryan assorted that he never said
he would follow Mr. Cockran with an
address on the same evening. If thp
committeomen got that iniprssslop
from the conversation ho had had with
them over the long distanoo misunderstood telephone
Thursday, he said they
him.
Mr. Cockran wanted to talk the
same session with tho noted Nebras-
kan, and offered to flip u coin to de-
fe'fe of delivering 1 Z‘° o the closing f \ * address. fe P rIy,, Mr. "f e
.yan would not accept this (xroposi-
**<.«. Mr. Cockran then agreed to ap-
pear at any time tho committee de¬
*ired. J lie program was then changed
to meet Air. Bryan s wishes. Mr.
ryan smd he was anxious to address
Urn conference, changing repeated that, his only
reason for the program woe
to avoid niw Indication of public de-
bate with Mr. Cockran.
At the morning session workingmen,
socialists, advocates of the single tax
theory and students of political eoono-
my wore hoard on trusts and combi-
natloiiH. A majority or tho bpenkerfl
Hpoko in vigorous opposition to iudus-
trial, financial and transportation com¬
lunations. The pi old cm in its relu-
lions to the workingman wore discuss-
cd. The long list of prominent openk-
ers announced for the day nerved to
draw tlie largest crowd of tho oonfer-
once.
Though disappointed in falling to
sec Bryan and Cochran pitted against
each other, tho audience, neverthe¬
less, enjoyed a rare treat, us Mr. Oook¬
ran was at his best, »ud his speech
was punctuated with applause.
When Mr. Bryan made liis appear¬
ance it was the signal for tumultuous
cheering which lasted nntil the Ne-
luuskan had taken his seat on the
speaker's stand. Air. Cockran said in
part:
“There is no reason why a sensible
raau shonld grow excited, either in
approval or of roseutmont at a combi¬
nation, merely as such. A combina¬
tion may be good or bad, according to
ils effect. For Instance, a combina¬
tion for prayer is a oliurob. All good
men would nnbscribo to tlie success of
it. (Laughter.) A combination for
burglary iu conspiracy. All good
men would call out the police to pre¬
vent it. (Laughter). Any industrial
system which operates to swell tho
volume of production should be com¬
mended; anything that operates to re¬
strict it should be suppressed.”
“Now, while I am fully conscious
that the movement of prices depend
on ■many forces, or rather perhaps I
should suy on every force—on the
bounty of tho earth, on tho sun that
quickens tho crop, upon the rains that
refresh it, upon the rivers that wash
tho soil in which it is imbedded and
fructifying, us woll us upon the indus¬
try of man, yet I venture to any that
neither side of this controversy is
wholly right or wholly wrong. Thcro
aro some combinations which operate
to appreciate prices and some which
operate to depreciate them. Now, if
I accept either, I should offend against
that other offender of which I com¬
plain.
