The San Francisco Call. Newspaper, September 4, 1904, Page 15

THE SAN FRANCISCO SUNDAY CALL. Tale he Nativity he delights nd of the author e divine in uld instinet- PEN Trusts Problem Reviewed g obligation to the un- agreements of the pool declaration of the courts e legality of the earliest ust came the combination orporations,” at unassailable refore, we have combination s “holding corporation,” a whose financial power is at a purchase of the voting ma- of the stock of the several con- gs complete control respe: boar of directors and permits of 2 direction over the gen- )| all =o rigid as to be prac- ictatorial. This is the modern is the problem of the ontague states it: deserves to live the sav- bination must be found real and legitimate; the first class of evils g from the re fact of monop- must be proved either self-correc- tive or able to be corrected by statute; the second class of evils, resulting from the particular form assumed in the or- ganization of existing combinations, must be shown to be self-corrective or capable of correction by statute.” This first clase of evils, inherent in monopolistic organization per se, and h must be czpable of correction it ust deserves a true economic place in modern industrialism, includes the temptation to raise prices, to obtain secret discrimination from railroads, to fix destructive prices for the crushing of smaller rivals, to corrupt iegislation and to stultify individual initiative. Ty the evils arising out of the organiza- nent ust be real and ination product. nceptrated capi- ague defend the show the pow- th m- great e © e e “A proper so adjusts e me length don, the au- ith a critical of the dvanced for the con- es. Constitutional disturbing the present bal- 2l and State com- mercial regulation in favor of the one or the other, would, in the opinion of er, but strengthen the organ- ons aimed at through the confusion arising out of the matter of court risdiction. . The enlargement of the power of Congress over interstate com- extent of putting a interstate traffic of overcapitalized and dangerous mo- nopotizs meets this question, “What is overcapitalization, when is monopoly proved, and where is interstate com- merce?” “By enforcing publicity in interstate trading corporations,” says Montague, in his suggestion for remedial meas- ures, “assuming that the trusts are demonstrably engaged in interstate commerce, the whole evil arising from the form of modern trust organization might be corrected. By strengthening the interstate commerce act to prevent freight discrimination the whole evil of practical monopoly might be correct- ed. These last two remedies carry in themselves the cure of most trust il merce to the quietus to the “Trusts Versus the Public Welfare, ™ by H. C. Richie, is an inspired philip- pic, as the title suggests. Believing that combinations of capital for the restraint of competition and the public weal are irrevocably anti onistic, the writer has supplied his lack of exact scientific knowledge on the subject with a wealth of invective and pseudo logic of the street orator variety that makes his book interesting from one pcint of view, even if not from the one the author would choose. Clure, pric: Welfa held in abeyance. iate mother is forced e for her litt ne mblance of charity until her mother's instinct breaks down all bar- riers of convention and she comes-forth boldly with the th before all, is the substance of the greater part of the novel. There is some good character delin- eation in Truscoit's story, especially that of the pu mous doctor, and the author has succeeded in catching very aptly the narrow atmosphere of austerity that surrounds the people of his story. The theme, however, seem- ingly so attractive to authors of the analyzing school, is not one to attract the average reader, nor d the action in the piece rise greatly beyond the drone of the commo: (D. Appleton & Co., New York; price $1 50.) “Jack Barna James Rogers, is essentially a book with a hero. Legion are the novels that have to dissect and analyze the feminine heart, but there are ccmparatively few that devote themselves to an equally searching examination into the stir- rings of 2 man's conscience. This Mr. Rogers’ novel does very thoroughly, though with a tendency to exaggera- tion at times. This Jack Barnaby is quite the man of to-day, full blooded, full fledged in the world's knowledge; whatever he does is followed through in no uncertain manner. Even when he falls inevitably into the snares of the winged god he reverses matters and instead of playing the fool man usually makes of himself under such circumstances, young Barnaby rules his ladyloves with a high hand. This alone should make refreshing reading for the average individual through its very ncvelty. (G. W. Dillingham Company, York: price $1.) New “A Church Yard Story™ is the fore- boding title of the longest of five stories by B. Carradine gathered,into a volume bearing the title mentioned. Nothing more ghoestly is to be found about the initial tale of this volume written the youthfal e has since , @ t, answers “a statement of the- poe & Douglass Company, nn.) are warm on the subje make a ¢ ons than ite inward en brain-fag, m other T vapour disappe: “Ten and blind and green"—that nue in the annals of optics. is another, illustrating touch- ingly the power of innocence over the savage heart: YELLOW EDITOR. , “Drift o’ Dreams men: (Published by the author, Los Angzles) Mre. Humphry Ward hes again achieved success in her philanthropic work. Five years ago she ablished a branch for special instruction and care of crippled children in the vacation schoel of the Passmore Edwards Settle- ment in London, which was founded through her influence. These little handicapped children have been ten- derly nursed and taught trades and arts, and the tiny school is now able to announce that one boy, formerly a helpless invalid, has been apprenticed to a firm of gold and silver smiths; “ancther boy with spinal complaint and another with club feet have been ap- prenticed to an artist in photogravure; another puvnil is a printer’s reader; one girl is serving in a milliner's atelier, another is at the Art School and.will finish her training eventually at the Royal School of Art Needlework.” The idea has been to train these physicaily helpless children fn the use of their brains, that their lives' may be happy and selt-supperting in spite of their in- firmities. The wonder remains that September agrarian in “Babe He drama’ heroism of a Vi making of a man under the stress high duty and oppor of human personality is strongly impressed on the reader of the September number of the Book- Jovers Magazine. These three strong of the age, ong in widely differing degrees—Minister Witte, “Boss™ Platt and the late G. F. Watts—are the sub- jects of three most interesting articles this number. Beyond T. Bacon’'s estimat Ablest Statesman” reality a well balanced and w formed resume of the state of R sia’s internal affairs, much more valu- 2ble than columns of war news. Jo- seph M. Rogers has done for Platt what he recently did for Quay—paint- ed him to the life. There is nothing extenuated, nor aught set down in malice, which fact renders the article its obvious of of Ov BOOKS RECEIVED THE MAGUS—A. Van F. F & Co., AZA OF Rich ING Shearer. LAW FOR BUSINESS e; published by the