The Butler Weekly Times Newspaper, May 28, 1903, Page 4

BUTLER WEEKLY TIMES-! THE TRUST PROBLEM, } royal roads to wealth, accident and develop the persarl A coeapen | } inheritance, and you might include production, whereby th: consumer -, : i J. D. ALLEN, Eprror. the twoin one. I envy not the mil-, may be benefitted, the many enabled | Berkeley, Cal., May 23. ‘The pal: } —— Address Delivered by J. D. Allen lionaire his millions, if to secure them to enjoy the benefits formerly enjoy- lontologists of the University of J. D. Attex & Co., Proprietors. | a eere re bey cpus I have to ostracise myself fromsocie- ed by the few, the poor get the ad- dai-aiteas deal California sent to delve into the pot- tile ie Dae he ¥ Te Before the Annual Convention of the ty and home comforts, put aside the , vantages of luxuries that had before BB ao - pion ter caves im Shasta county bave met : _—- —— pleasures of youth and young man- | been reserved for the rich alone, and vets af kare po beens 2 he oa : TERMS OF SUBSCRIPTION: =| Missouri Bankers’ Association, in hood, know nothing of the blessings | the increase in consumption compen- large size, and it cured her com: TY great success ware ' |and beauty of nature, the sunsuine, | sate for the reduction in price, would pletely.”” searches. The first report from The Werxt.y Times, published every) the Olympic Theatre, St. Louis, May’ qowers and birds, but stay confined | be a natural and healthful growth; J. H. Burge, Macon, Col. exploration party has just reached Lng rg ~e we ese — |in a close room for ten hours a day, | but when the trust comes in to con- the university. it shows that the ae year, postage paid, for $1.00, 218t, 1903. and be a broken down dispeptic with | trol these products and arbitrarily of caves are @ rich field for investiga- : Westleiche Post, 220d, money to compensate when a healthy, | sets the price, limited alone by man’s Probably you know tion, for in the brief time the THOSE TOWNSHIP BONDS. joyous prime should be mine. cupidity, it is an unnatural growth. cough medicines that re- § | has been there many valuable : . , The President introduced J. The problem which confronts us as | But natural or not, it is here, not as littl hs, all | | mens were , most of The Record grows a little bit excit-| 1) Alien, of Butler, who made al, le and a nation, is whether or!a theory, but a condition, tocon-| § lieve little coughs, jas atate of ation. Sev- #8 on its township bond fund propo-| strong appeal to the delegates to lend | not trusts shall be permitted to con-|front us. Not a combination that| § coughs, except deep ones! enteen of the sition, It advocates funding the/ iq in curbing the exactions of ag-| tinue to exist, = i red shall —— ~ cope of ole mane. The medicine that has found are of i i i i they be controlled. at they are factories, but in every 5 e bonds in one issue and the next rails gregated capital. He called trusts pe Me eyo number and deaewten: pene, and I came near saying pro- been curing the worst of eee alae st the court because it doesn tacton| the juggernauts of the commercial alarming rapidity, is evident to all. |fession, we are confronted by this deep coughs for sixty consist of a number of Re suggestion, although in the inter-| world and declared that their most| They have iy become factors in| great juggernaut of the commercial P ¥¥ ? bones, stone instrument w im the court had not been in session. | serious tendency was that they shut | politics and occupy importausplanks| world. A few years ago trusis were ears is Ayer’s Cherry §f | pavesorvedearly mankindasu The facts are the court has had this| the door of opportunity to young |i2 both the great political party /in an ex a Beg ——_ toral. orweapons, very matter under consideration for! men. This, in his view, was their eS in government is ab- pg cughion bm the air we Three sizes: 25c., S8e., $1. All drugyteta. Havana, May 22.—The permanent eomo time and are advisedly p "| greatest menace. Mr. Allen spokeas}horrent to the minds of all free born | breathe is about the only blessing of deat. bk na treaty between the United States and fg with due deliberation in the case. | ¢o)jows: Americans. To impoee oma a heaven or eerth tat is not —— r, wR Cuba, in which is incorporated all The court will fund these bonds at IN ON ; al restrictions upon men in the in-|their control, and we sometimes ae with him. Weare wilting, sions of the Platt Amend- the ase time. The law permits MR. ALLEN ON TRUSTS. vestment of their honestly acquired | think there is danger of some enter- J.C. AYER CO., Lowell, Mass. ach agi Pres i . SPT Mr, President and Gentlemen of the} wealth, in legitimate channels of | prising gentlemen running a corner ment, igned this afternoon. 5 the appointment by the court of a Convention: trade, tends to that paternalism, and | on that, bottling it up and selling it ' financial agent to make the transfer] | recognize as an honor and a|is consequently viewed with suspic-|at so much per cubic yard, subject to gi gin ging ff ru som oa gv gga BU § and finance the deal, to be compen- gen the opportunity offered me| jon by conservative men. There are|a raise without notice, when the] ee PIIIIIDIGDD 6 : sated with a certain per cent on|by your honorable Secretary and] none of us, however, but what want) president of the trust desires to im- amount of bonds handled. There may be times when such an agent is neressary, but under the present con- t dition the Judges of the county court ran fund the bonds ata cost of only a ew hundred dollars, for printing and registering the bonds and per- sonal expenses while engaged in that work, thus saving to the taxpayers of this township between fourteen hundred and two thousand dollars, and we are satisfied the court will pursue that method when the time romes to take final action in the matter. a The business men of Nevada have subscribed tive thousand four bund- ved dollars for improvement of the road through the Marmaton bottom, and a thorough canvass of the city bas not been completed. Ten men gave $100 each, twenty gave $50 rach and thirty, #25. — Other sub- wriptions ranged from $20 to $5, . Those yentlemen are certainly go- ing at the proper way to get practi- ral results at once, The business men of Butler may be compelled to iF woke a similar course with the road $ wading to the bridge over,the Miami, vest of Butler. The proper custo- > Gians of that roadare certainly dere- } fit in their duty toward it. It isthe j worst |piece of road anywhere near { Butler, if not in Bates County, the f vottoms excepted. Last week we ened attention of the township board of Mt. Pleasant township to the condition of this road. It is ariting people away from Butler to trade and subjecting those who are forced to come to the county seat, to unnecessary hardship. bills around in our pockets, has been assigned me for discussion, swage. any other on the face of the globe. It is no new subject contiguous to this age, but has developed to its present magnitude by the strenuous- ness of the commercial era which is upon us, the tendency of which is to large deals and vast enterprises, necessitating immense capital which compels combination, The Supreme Court of the United States, in a trust case, Justice Peck- ham rendering the decision, gave the following definition of ‘trusts’: “Combinations of capital whose pur- pose in combining is to control the production or manufacture of any articular article on the market, and | »y such control dictate the price at which such article shall be sold—the effect being to drive out of business | dity, and to render the publicaubject article.” Accepting this definition ascorrect, members of the combine—and a det- riment and a disadvantage to all consumers of such articles, as it would absolutely put them at the mercy of a few men whose sole object in entering into such combination was the prospects of gain in increas ed dividends. The probability of! this becoming a serious menace to the rosperity, comforts and even to the ives of the people was demonstrated Ly developments in the great anthra- cite coal situation last winter. There the most serious problem was not, the price of coal, which was multipli- ed until no other term would aptly characterize it so well as “highway robbery,” but the actual preserva- MD The Missouri Bankers Association, yith probably the largest attendance m its thirteen years of existance, deld a very pleasant and profitable - tonvention at the Olympic Theatre, St. Louis last Wednesday and Thurs- Any. Secretary Kipp made a very able and exhaustive report of the year’s work and announced the increase in te aie pe — a oT Pere ; : ‘i eset tion of life; for, if the Associated Press f nerobership from 606 to 735, and dispatches are to be believed, and a tat out of a total of 800 banks in|they were not contradicted, train 7 load after train load of anthracite coal was side-tracked in the outskirts of New York, while the people were suffering and many dying from the effects of the severe weather. Under such circumstances, who can gaimeay that ours are not a long suffering and law-abiding people. From the very beginning, combina- tions of capital have been among the most potent factors in the — iy the state, Lesides the routine busi- { was of interest principally to bankers, ; yome able speeches were made and strong papere read, amoug them be- img an eloquent aud masterful address yy Hon. D. ht. Francis, and a paper by Hon. Sam B. Cook, Secretary of Btate. The following officers were sested for the year next ensuing: President, J. 1. Calfee, Windsor; Vice Pres., H, M. Rubey, Macon; Secre- amy, E. D. Kipp, Butler; Treasurer, & BR. Nelson, Chillicothe. A just seeoguivion of Mr. Kipp’s splendid services for the past year impelled ‘Ms re-election without opposition. Ea Daniel V. Miller, an attorney for the Washington postoffice depart- ment, was arrested Monday on a warrant charging him with receiving & tribe. He is alleged to have re- ‘ geived one-half of a bribe of five ‘‘housand dollars from an agent of “Boun & Co., the St, Louis “get-rich- quick” concern which operated as a} turf investment company. . A fight in the Ohio state republican ade nih ps fay spoons vonvention over the endorsement of 'for master minds: with imperialistic President Roosevelt is likely tooccur | instincts and grasping natures to Yetween Senator Hanna and Sena-, merge these corporations into one dor Foraker. ps: whereby ag sorter is oblit- i — a erated and profits Chicago, May 26.—Judge Grosscup | the conscience of selfish im the federal court to-day entered ment of civilization The h pioneer with crude implements blazes the way, railroads must follow to provide means for transportation, mines are to be developed, manufac- tories established and other great enterprises, making combination of capital absolutely necessary, and to that extent corporations have prov- ena blessing to mankind. Our own imperial commonwealth, with its diversity of soil and climate, fertile farms, thriving towns and cities, and the great West, of which we are so proud for what has al been ac- complished, aad its bound! bilities, are living evidences of what I say. But the commercial spirit of the age, with its feverish quest of wealth and power, is not sa\ to stop where corporation is pitted against ite like, as individuals, in the evils of such trust” ease, restraining the packers} I want to say at the trom combining to regulate the trade; | that I have no ‘The order covers all the points in the bere Leen oe pervious decision and is regarded as logitoatly aromplete victory for the govern- = may went. An appeal will be taken. toad to Geometry,” as very outset, the Egyptian king. There are two Committee to address so distinguish-| strong government, able to pro- eda body of able financiers. Just! tect the rights, lives and property of why a country editor should have! her citizens. When riots attending been selected for so important a@!labor troubles, a few years ago in trust, I have been unable to fully/Chicago, were destroying property comprehend, unless it be as a recog-/| and threatening lives, and the Gov- nition of his class as successful finan-! ernor of Illinois refused to interfere, ciers. But I want to assureyou that) none of us but had a sense of relief we don’t all carry thousand dollar) when President Cleveland ordered federal troops to the scene; we all felt ItI could solve the problem which | secure under such a goverament, 1 would, in 7 een nod sonnel ful men that sreate be adjust them- ning as great a blessing upon the peo-| selves, As their profits are under- ple of this country as did that great stood to be oan through lack of statesman in whose mighty mind was! competition, idle capital, seeking in conceived the Declaration of Inde-| vestment, will form opposition trusts pendence, For to-day it is a living’ and enter the field as competitors. issue before this people, more than | If that were true, then trusts need be feared only as temporary evils, But that theory is against the evidence so far developed, and foreign to the theory of trust formation, which is to prevent competition. If an oppo- sition trust is formed, the price of the commodity handled or manutac- tured is reduced until instead of the expected profits to be derived, they find a constant loss, This is soon remedied by a merger, and prices are raised to recuperate all losses and a little more added to compensate for trouble and inconveniences the trust magnates have been put to. following in his party, believes that “publicity” is the remedy,and has had the courage and power to force Con- | ress to enact some laws upon that all the small dealers in the commo-'theory. A “Department of Publici- ty” has been established, with a to the decision of the combination ae | Cabinet member at Its head. But to what price shall be paid for the! unfortunately, sufficient provisiens for carrying the law into execution were not made, consequently the the effect of such combinations upon | adequacy of that theory to meet the the commercial world would unques- | contingencies cannot, for the present, tionably be beneficial to one class— | be exemplified. ment, that would prove especial beneficial, would be the authorizing the general government and different states to have supervision over the trusts. similar to that now exercised over banks and banking corpora- tions, insurance companies, etc. This would undoubtedly do away with many of the evils of which the people now haveso just a right tocomplain. It would regulate, to some extent, but would not be a cure for the trust evil. believe there is such a thing as a “good” trust. The object and prin- ciple of preventing competition b, such merger is unquestionably bad. In view of the actions taken by a Re- publican Congress, at the instigation of a Republican President, it is fair to assume that to be the policy of that party upon that question, until the party officially sas through its next national platfo’ can judge by its platform expressions and the utterances of its Jeaders in Congress, believes that in a large measure trusts owe their existence to governmental favors and privileges, and that a removal of protective tariff, or a reduction to permit com- petition, would solve the problem. It would be a wide stretch of the im- agination to conceive that the fath- ers of our dag 28g theory of gov- ernment, Ww encourage and protect infant indus- tries, had in mind that such protec- tion should extend to the point of permitting them to become oppres- sors of the people. I may bepardon- edfor saying, without intention or desire of inj ions into t! trusts are formed and are enabled to possi |continue to exist through such fa- voritiem by the government, that the people are no longer obligated to protect such trusts from foreigncom- asthe cases hop wand posto | be removed to permit that competition from ped cupidity have throttled at home. The representatives of both parties recognized the justice of that, when they followed the lead of Senator i Vest and placed anthracite coal up- mited 2 Zz on the free list. hardly necessary, I take it, to discuss | a distinguished gentleman, who read ‘en tieteh onder ia te lled “Beet on tore a meg he os hg Joma Lag ned on this subject be- + gga d with thatthe trusts to be a “natural growth.” who make war upon |I think it an unnatural and very un- or combined, healthy growth when the natural| Cough, Grip, Pneumonia and Con- in laws be “no pov rede b avarice. L. Tucker, draggiat. Trial bot Euclid told | Tho combinatiou of capital toto. etre Regular sizes 50c $1.00. ter and conduct great enterprises, to | ress the public with his benevolence & endowing a university with a few millions, To my mind, the greatest evil at- tendant upon the trust, is its closing the door of opportuuity to the young men of our country. One of the reatest blessings of a free country Hike ours, is the opportunity given the young man to carve out his own destiny; and heretofore, the possi- bilities have been limited to his own ability and energy. It is a long dis- tance between a wood chopper’s hut ora tailor’s goose to the presidential chair, and yet those are the bright- est pages in the history of our coun- try, cheering poor, but ambitious youths to great exertious by the vast possibilities held out to them. We cannot all be presidents, or great statesmen, or millionaires, but we can all be freemen, and by a proper application of our talents, be our own masters. Heretofore, a boy with frugal habits could save a com- petence with which he could start in business, _be-a factorin-his-eommuni- ty, raise a family, give the children advantages, have time of his own to improve his intellectual and moral nature. With trusts controling all avenues to what can he look forward with ardent hope? He may, by hard labor, servile obedience, strict appli- cation, become so useful to his em- ployer, that he will be placed over the other employes as a foreman. He may become a floor walker or head clerkina department store, the doors areshut against him being a proprie- tor of his own establishment. You gentlemen may not rest in fancied security as presidents or cashiers of prosperous banking houses. Even now the tendency is to merge your banks into trusts, with the head in one of the great cities of the country, and yours as simply branches, with you as clerks. No line of business is safe from ite in- fluences, and the professions are feel- ing its weight The fortunate lawyer is the general attorney for the trusts, and the oth- ers are his clerks and assistants. It no other evils attended the trusts, the closing the doors of opportunity to the youth of the land is sufficient, in my judgment, to damn them. I have the utmost faith in the peo- ple who founded this government of liberty and freedom, and preserved it for over a century and a quarter from foes from without and internal dissensions and strife, making it stronger and better each year, until itis the greatest nation on earth. solving all problems as they arise. I believe that just laws will be enacted that will control, if they do not make it so unprofitable, by restrictions thrown around them, that trusts | will cease to exist. I believe in the integrity of our judiciary, and through it expect to see such laws, when enacted, enforced. A few days ago a federal judge in this city gave a body blow to the great trusts in his decision in the Northern Securi- ties case, which prevented the merger of great railroad properties that are now competing lines. With able, honest, conservative statesmen to make our laws, with learned, incorruptable and fearless judges to interpret them,we may bear the evils of a day with full confidence that they will be remedied, and the _ problem will be correctly solv- ood - Weather is still in sight, and with it will come good roads, and good roads will come the need and desire of a New Buggy and remember we are selling cheaper than any It ie maintained by eome thought- one else in Bates county. Our buggies are up-to-date in every’ respect and the prices astonish you, they are so low. We guarantee our $65.00 job as good as the best Spring Wagons on the market at $65.00, while others ask $5.00 to $10.00 more money for not so good a wagon, at prices that cannot be duplicated. We will still save you money on President Roosevelt, with a strong | The only publicity, in my jud fy Others can’t touch them. - on the market; will sell you one and let you take it and try it, and if not satisfactory your money back. Unlike the President, I do not always complete and at popular prices. rm. The Democratic party, so far as we io en they enacted laws to ALLLLleS DEFENSE AGAINST GERMS. SELRLLLESS ELSESSSSEREESSESSSSESLES All infectious diseases are germ diseases, The germe thrive wherever there is dampness and decay. The best defense against them is to make the home so sanitary that germs can- not get a foothold. All sinks, drains, cellars, closets and other dangerous spote must be thoroughly disinfected. _ We have all the reliablefumigators and disin- fectante. Each has ite appropriateuse. The quality of everything we supply and the price is right. Can give you any special informa- tion you need, ing my political opin- discussion, that when Jett and White Indicted. Louisville, May 25.—Curtis Jett and Tom White have been indicted by the special grand jury at Jackson for the murder of James R. Marcum. ition, and that the tariff in those A Sure Thing. It is said that nothing is sure ex- cept death and taxes, but that is not altogether true. Dr. King’s New Discovery for Consumption is a sure eure for all lung and throat troubles. ‘Thousands can testify to that. Mrs, C. B. VanMetre of Sheperdtown, W. Va., says: “Thad a severe case of bronchitis and for a yeartried every- thing I heard of, but got no relief. One bottle of Dr. King’s New Discov- then cured me absolutely.” It’s infallible for Croup, “Whoo which their greed and H. L, TUCKER, Best Drug Store in Bates Co., ., Butler, Mo. I do not hesitate to take issue with LLLLL LLL LLL LLL LLL convention in a neigh- atate last year. He claimed competition are violated and | sum; Try it. It’s guaranteed any you can find elsewhere—at-$75.00,-and- é and Double Buggy Hamess Traces of Prehistoric Man. (J oe ee ee ae 2 ee Farm Implements: The Best Washing Machine Grocery and Hardware Stock G. H. CABLE | ” 4 4 ” ” hg ” % ” ” hd ” ” ” ” ” ” ” ” ” ” & <