Pike County Democrat, Volume 30, Number 21, Petersburg, Pike County, 29 September 1899 — Page 6

The Gathering of Governors and Attorneys General at St. Louis to Discuss Trusts. UNITED ACTION WAS THE KEYNOTE. Ten State* Were Keii resented at the Meeting, Seven by the Others by •r Other Accredit The Proceedings. .Governors and Attorneys General ed Delegate St. Louis, Sept. 21. —The conference of governors and attorneys general called by Gov. Saye -s of Texas, to meet in St. Louis, ass embled in parlor B, of the Planters’ hotel, yesterday. First Days’ Proceedings Called to Orde r. N Att’y.-Gen. E. C. Crow of Missouri called the conference to order at 11 a. m. Seven governors anil seven < attorney generals answered to their names, and a little later two others; representing their respective states, were admitted. The governors present were: Sayers of Texas, Jones of Arkansas, McMiltin of Tennessee, Thomas of Colorado, Pingree of Mlchigun, Shaw of LLowa, and Stephens of Missouri. The attorney generals were: Smith of Texas, Davis of Arkansas, Crow of Missouri, Nolan of Montana, Taylor of Indiana. Campbell of Colorado, and Oren of Michigan. * C. G. Heffner, insurance commissioner of Washington, brouj:ht credentials with t him from the attori ey general of that state, authorizing him to represent it. He was admitted by an unanimous vote. Monroe McClurg, democratic nominee for attorney general of Mississippi, was admitted to a seat to icpresent that state, so, in all, 16 were present. The parlor was cro\ rded to its limit, and standing-room was lard to obtain when the conference was called to order, 'this duty had been assigned to Att’y.-Gen. » Crow at a short conference held in advance. Among some of those present were Congressman Bailey, of Texas; William Sterrett, bf the Dallas (Tex.) News; W. L. Bass, of Brooklyn, N. Y., a writer on economic questions, who attended the Chicago meeting, and a large number of Missouri politicians, including Sam B. Cook, A. M. Dockery, ex-Gov. Stone and J. H. Whltecotton. Two' addresses welre read at the forenoon session, one by Gov. Sayers of Texas, and the other by Gov. Stephens of Missouri. Both elicited much applause, and evidently met with th€ approval of most of those present. In calling the conference to order, Att’y.Gen. Crow said thati he had attended the , Chicago meeting, and had participated in Its deliberations, It) had been called fo:* educational purpose present gathering ofheial power. Gov. Sayers wa$ he said, while „the ras one representing elected permanent chairman, and Paql B. Moore, of Missouri, secretary. Governor Shyers* Speech.

uov. payers spoae ior nau an nour. Among other things, he said: ""At the very threshold of the proceeding upon which we are about to enter it will not be improper to briefly state the reasons that indue conference. “No motive proi me to suggest this pted my action other than the desire to induce, if possible, concert of action among such governors and attorney generals I of all the states as might attend in aii effort to suppress an evil which has become gigantic in proportions, and which, ih the opinion of a very large number of good and patriotic citinens of the republic, threatens the most serious and disastrous consequences to the country. "It is true that, in some sections, money Is plentiful, trade active, speculation rife, and that certain products have largely and rapidly increased in selling value. "This prosperity however, is born, in a great measure, of war, and is largely attributable to the enormous expenditures that have been and are now being made by the general government for special purposes, and in) particular localities; and, so long as war shall continue, this unusual activity will be maintained. Considering the situation conservatively, impartially, and wi:h the assistance of an intelligent experience, it can not be reasonably expected that the present prosperity will long survive the settlement of our foreign difficulties, and the restoration of peace. “Every combination and association of any magnitude in this country under the name or guise of a trust, almost without exception, owes its existence to a government grant of privilege, exemption and power. In this f>rm of business activity, the Individual V'»ry rarely, if ever, ventures his entire wealth and credit, but shields himself under the protecting advantage and immunity of a corporate existence, created by statute. “The character of our government increases the difficulty of a prompt and proper solution.! Constitutional obstacles fie in the way, land the evil can rot be eradicated by e|ther federal or state authority acting operation betwi Oral and localand sincerely causes of the e’ when found mi pears to be a di and patriotic tgly. There must be coboth governments—genich working earnestly Jthin its own sphere. The ' must be sought for, and st be removed. There apCerence among Intelligent as to how the subject Should be dealt .with. One class of thinkers attributes the trust to federal legislation only, and (contends that relief is to be found exclusively in the halls of congress. Another) class acribes it to the policy of the atatS In the too liberal allowance of chartered rights and privileges for purposes that can not be considered public in their jnature.

iu%> unu upuAivsu 10 uiai uvui ^u\ era* meats may be rightfully held responsible for the existence of the trust. The tariff which operates, in a great measure, to the exclusion of foreign competition; the form of currency upon which the country Is required to depend, making it impossible to secure to the people, through proper distribution, an amount adequate to their need, and the method of charges by railways upon the shipment of freights—all are within the jurisdiction of the federal government, and are answerable, to a great extent, for the trust. “These subjects are indisputably within the domain of federal legislation, and as to them an earnest and immediate appeal should be taken to congress. . , “The conclusion, it occurs to me, is inevitable that ih order to successfully meet this threatening danger, "both the cona gress and the legislature—supplemented by the active, earnest and sincere efforts of executive authority, and of able, patriotic and incorruptible judiciary—must be called into contribution, and each must be required to do its part under constitutional limitations, and entire harmony with the other. “In making the few. who are so situ ated as to central large aggregations of money, to know that such control shall not be exercised to the injury of the people, and of their institutions war is not declared against capital. “The opposition to this conference is strong indeed. Division of sentiment is most earnestly desired and confidently expected. I sincerely trust that all will work together in harmony, and for the good of the people.” Two Committees Named. On the suggestion of Att’y.-Gen. Smith of Texas, two committees were named, one on order of business, and the other on restlutiona. The committees follow: On Order of Business—Governors Jones Of Arkansas, Thomas of Colorado, Shaw of Iowa, Pingree of Michigan, and Attorney Generals Nolan, of Montana, MeClurg of Mississippi, and Taylor of Indiana. Resolutions—Attorney-Generals Davis of .nsas, Campbell of Colorado, Oren of iigan, McClurg of Mississippi, Nolan Montana, Heffner of Washington, and srnocs Stephens of Missouri and Men of Tennessee. ile these committees were being seted. Gov. Sayers read two telegrams follows: Is dutlss make It Impossible for

me to go, but 1 u> In perfect sympathy with you. No means must be untried to protect the people against monopolies. “A. G. CHANDLER, “Governor of Georgia." “I regret very much that official appointments prevent me from attending convention. The attorney general Is absent from the state. 1 am In cordial sympathy wlth'the objects and purposes of the conference, and hope your deliberations may be fruitful of good resits. “MURPHY J. FOSTER, "Governor of Louisiana." Att’y.-Gen. Smith of Texas offered a resolution, which he asked to be sent to the committee on resolutions without debate. It was as follows: “Resolved. That we believe that all combinations between Individual partnerships or corporations to regulate or to fix the price of any article of manufacture, merchandise or commodity of any article and anything whatever, Is unlawful, and will deprive the people of their fundamental rights to sell and buy In an open market, which should be regulated by competition, as it existed before the day and formation of pools, trusts and combines. “Second, That we favor both state and national legislation prohibiting such combinations and trusts, and in this conference we emphasize the Importance of securing as nearly as possible uniform legislation In the several states on the subject of the Incorporation ot private corporations. and of doing business by comity in other states than in those where incorporated, and particularly to the end that combinations, pools and trusts shall not be permitted to do business in any state.” On the request of the author of the resolution, It was referred to the committee on resolutions without debate. CTov. Stephens’ Paper. Following this. Gov. Stephens of Missouri read a paper. He said.m part: “Missouri brings glad tidings to her slsi ter -States to-day. Triists no longer hold sway in her jurisdiction. Ever since 181*' the Missouri legislature has been molding a system of laws which should prove efficient to stamp out ‘pools, trusts and conspiracies.’ Like all new laws, Intended to check and punish new etfenses, the tirst attempt proved defective, and It has taken four acts, enacted by four different sessions of the legislature, to evolve a system able to inculcate a lesson to all of those who scoff at all constitutions and laws which stand in the way of their concentrated wealth and selfish purposes. The power of the state, the maj- 1 esty of the law, and the rights of the people have been vindicated In Missouri. "I am a democrat, and differ with Mr , Griggs. I believe the federal government j has agnple and the only efficient power to , so legislate as to effectively stamp out i all trusts and pools. This is self-demon- ! strable. The United- States and the sev- j eral states, in this regard, are like the human body. The states are the limbs, ’ the arteries and the veins. The national ! government is the trunk—the heart. If i disease strikes the body, the heart pumps ! the diseased blood through the arteries to the uppermost parts of the limbs, and i the whole system Is afrected and withers. ! Letting .the diseased blood out of the limbs will not cure the disease, for new ■ blood will be constantly pumped from the heart. The remedy must be applied to i the seat of the trouble. So with the trusts. I They have diseased the whole body po- 1 litic. One state may lop eff Its diseased j limb, but it can not force a sister state to j do the same, nor, under the Interstate commerce laws of the United States, can i it stop the flow of the diseased blood from I the body aggregate.

“As Mr. Bryan said in his late Chicago i speech: ‘When you prosecute a trust in I the United States court, it hides behind I state sovereignty; when you prosecute it j in the state court, it rushes to cover under federal Jurisdiction.’ “Two remedies appear to me to be available for the existing trust evils: First, to elect senators and representatives to congress, and the state legislatures who will enact suitable laws, like the Missouri statute, to break up, punish and prohibit i all trusts, pools and conspiracies: or, second, to abolish all corporations, and thereby effectually weed out all trusts. “The remedy is heroic, but the disease is acute and is fast becoming chronic, and the trust cancer upon the body politic must be cut out by the roots.” At the afternoon session a telegram was read from Gov. McLaurin of Mississippi, saying that he had been unavoidably detained at home, and that any action taken by the conference against trusts would meet with his approval. After the committee on order of business had reported, Mr. Heffner, who represented Washington on credentials from the attorney general of that state, commenced calling on this ope and that one for speeches. ' ( Gov. Thomas of Colorado. Gov. Thomas of Colorado was the first speaker. He said that, in his opinion, a discussion of the subjects of trusts, such as was contemplated in the call for the conference, would prove beneficial to the public. He studied trust for 15 years, and yet did not feel able to offer a remedv that would destroy them. Trusts were not new things. Combinations of capital began 25 years ago in the consolidation of transportation companies and gradually evolved into the trusts of the day, which are but consolidations of capital. There were but two questions to consider: First. Are trusts injurious? Second, how to destroy or control them. “The duty of those in public positions is greater than ever. It is time to call a halt on trusts, if a halt can be called. I believe that the people have the power to save themselves from the evil which threatens their happiness and to engulf their goverrment. The government and the states should unite. “I hope that 4he question of dealing with trusts may be kept out of politics, for. in ray opinion, that means speedv relief.* Un less it can be kept out of politics co-oper-ation can not be secured. The whole question should be considered on the lofty scale of American citizenship. But if the question can not be kept out of politics, then I hope tho party that opposes this great evil may win.”

Gov. Shaw of Iowa. Gov. Shaw of Iowa next spoke. He first offered the ft '.lowing resolution, which was tabled when he ceased speaking: “That a committee consisting of the governp^ pf Missouri, the governor of Tennessee and the attorney general of Texas be appointed to draft and formulate a bili such as, in their opinion, may safely and advantageously be passed by the legislatures of the several states, and which will, in their opinion, as' far as possible remedy the evil so universally acknowledged.” In a sarcastic speech of 15 minutes, he attacked the speeches of Governors Sayers and Stephens, ana in particular sought to ridicule Missouri's chief executive jke said that when he left home he did not suppose that the conference would resolve itself into a political convention; that in his opinion it would be best for all concerned if national issues were formulated in national conventions. Gov. Jones of Arkansas. Gov. Jones of Arkansas said he did not believe it was the intention of any one present to turn the conference into a political convention. The question of dealing with trusts concerned republicans, populists and democrats alike. He could not see how any man who loves his home and his country could defend these operations. He said he was surprised at the irony and sarcasm that he had just listened to, and that he would as soon laugh over the grave of a friend or in the house of mourning as to make light over this great question. “This is no time for levity, but .for serious consideration. I do not believe that the Americans have built up a civilisation, so-called, which must be disturbed, even when it threatens the peace and happiness of the people. Better let the people live and civilisation go back, if you please. “I believe in annihilating the trusts, if it can be done.” A Variety of Views. Atty.-Gen. Crow of Missouri defined what he considered to be trusts, and said that he did not believe the tariff was directly responsible for the same, although it might Incidentally aid some of them Stockholders in corporations, he said should be made liable for the full extent of responsibilities incurred by the corporation, the same as the law requires in partnerships. Corporations should be so limited as not to give them the best of private citizens in the struggle for existence. If they are not limited, there is a possibility of a time coming when indiidual ownership of property may be destroyed. Att’y.-Gen. Taylor of Indiana. Atty.-Gen. Taylor of Indiana did not be

Uev« that there Is any harts taming to , uur country. Us said he didn't believe Um corporations have secured the dangarotte power so often ascribed to them, and that the states are still masters of these organisations. Moreover, ne would not Join in the criticisms so frequently passed upon the courts, for he aid uot think they merited as much. He aid uot know of any ruUag to the effect that the states could not regulate corporations. He said he was against trusts, however, because they drive small shopkeepers and smau dealers out of business. Us believed It would be best tor individuals to own business rather than the trusts. Att*y,-6es. Nolan mt Montana. Atty.-Gen. Nolan of Montana said h« would annihilate trusts If he could. Their success means the extinguishment of individual opportunities, it means employers and employes solely and the desiruction of the middle classes. Att’y.-Uen. Orea ot Michigan. Atty.-Gen. Oren of Michigan explained the corporation laws of that state at consider able length. He recommended the encouragement of home industrial corporations, even to the extent of allowing them to pay a specific tax In place of an actual property-value'tax, and their protection trota being absorbed by foreign corporations desiring to do business outside of the states where they were Incorporated to pay a corporation tax on the full amount of their capital. Att*y.-Ge». Smith of Texas. Atty.-Gen. Smith of Texas said that there was nothing political about the conference, and he was sorry any thought of going home before its work was concluded. He then discussed uniform corporation laws and favored a policy which would compel every corporation doing business in a state to have a bona tide office there for the transaction of business. . At 6 p. m. a recess of an hour and a half was taken, after the conference had accepted an invitation tendered by ex-Gov. Francis on behalf of the Country club to dine with the club members Thursday evening. Gov. Filigree's Speech, After Gov. Sayers called the evening session to order, at 8:45, he introduced Gov. Pingree of Michigan as the speaker of the evening. Gov. Pingree aelivered a speech, which he read from manuscript. His address was. in the main, a review oi the work of the Chicago conference. In which the speaker, took occasion to reply to Bourke Cochran, whom he styled the “defender of trusts." He said In part: ~?‘At the Chicago conference the trust was ably and skillfully defended by learned lawyers and representatives of its interest like Cockran, and was as ably arraigned by equally eminent representatives of the interests of the people like William J. Bryan. The speeches of Bryan and Cockran represented, respectively, the indictment and defense of the trusts. Cockran said the trust was the natural evolution of forces that could not be controlled nor checked. Bryan declared the trust was the result of conditions made by man, and, as such, could be checked and controlled by human agency. Cockran placed the dollar above man, Bryan the man above the dollar. Cockran represented selfish interests, Bryan the humanitarian.

The trust is a monster. It has no concience. There are no good trusts. Human nature makes such a thing impossible. The trust will not better the condition of the people, nor raise wages, until compelled to do so, and it can not be compelled because it is a monopoly. The trust concentrates wealth. On the other hand, it destroyes the equality of opportunity. “Prevent monopoly, and the trust will die a natural death. “Our first ditty Is to so arrange matters that the attention of congress can be called to this evil in such a way that it will enact a suitable law to destroy it.” After the resolution was read it was referred by the chairman to the committee. Chairman Sayers, upon motion, adjourned the meeting until Thursday morning at nine o’clock. St. Louis, Sept. 22.—At the adjourned session of the conference of governors and attorney generals, the committee on resolutions made the following report, which, with a supplement by At-t’y.-Gen. Smith of Texas, and Att’v.Gen. Crow of Missouri, was unanimously adopted: , “The committee on resolutions, to which was referred several resolutions and papers, sdbmit the following, with the recommendation that it be adopted by this conference: lhat we believe the best present available remedies lie along the following lines: “1. The enactment and enforcement both by the several states and the nation ot legislation that shall adequately and fully define as crimes any manipulation or restraint of trade in any line of industrial activity, with provisions for adequate punishment, both of the individual or the corporation, that shall be found guilty thereof; punishment to the corporation to the extent of its dissolution. “a. The enactment by each of the states of the Union of legislation for the adequate and proper control and regulation of corporations chartered by that state, and we recommend as efficacious a system of reports to and examination by state authority of the corporations organized under its laws, to the end that they be brought to a fair observance ot the laws under which they are created. enactment by each state of laws that will prevent the entrance of any for-eign-created corporation into its limit? for any other purposes that interstate commerce, except on-terms that will put the foreign-created corporation on a basis or equality with the domestic-created corporation of the state entered, and subject .we ®a“e iaws> rules and regulations iithe state tbat b enters, which are applicable to the domestic corporations of that state, and to this end we recommend legislation that would make it mandatory upon corporations seeking to engage in business outside the state of their creation that they procure licenses from the foreign state as a condition precedent to their entry into such state; such license to be granted on such terms, and subject to such restrictions as will place the corporation subject to the same control, inspection, supervision and regulation as the domestic corporation of that state, and suject to be revocable if the conditions thereof are violated.

wwciraeiu or state legislation declaring that a corporation created In one state to do business exclusively In other^states than where created shall be Pr°“N^te<i from admission Into any state. "This proposition is supported by dec!* sions of the supreme courts of several states, but we believe it should become legislative enactment, uniform throughout the states. “5. That no corporation should be rormed in whole or in part by another corporation. * “s. That no corporation shall own or hold any stock in another corporation engaged in a similar or competitive business, and that no officer or director of a corporation shall be the officer or director or the owner of stock in another corporation engaged in a similar or competitive business, the object or result of which is to create a trust or monopoly. “7. Recognising that trusts are usually composed of corporations, and that corporations are but creatures of the law and can only exist in the place of their creation, and can hot migrate to another sovereignty, and that this consent may be withheld when desired, we recommend as the sense of this conference that each state pass laws, providing that no corporation which is a member of any pool or trust in that state or elsewhere, can do business in that state. ~ BENTON MMIIAAN. “Chairman Committee on Resolutions.” Gov. McMillin proceeded to discuss the report of the committee, but was i interrupted by* Att’y.-Gen. Smith of \ Texas, who presented the following ; supplement to the report: Resolved, That It is the sense of thfr * conference that all the capital stock of private corporations should be fully paid either, first, in -awful money, or, second, in property of ‘he actual cash value of the amouut of the capital stock. And that In all nrlvate corporations with a capital stc^*isued in above provided^ the sharehoiuers shall be liable to the extent of twice the face value of the stock held by each. K. C. CROW, of Missouri T. S. SMITH, of Texas.

1 HI HOI D. Finiil Meeting of the Dewey National Home Fond Committee at Washington. flUS PERFECTED FOR. CL0S1N6 VP. a Request Authorised that Intendi»m Subscribers Send la Their Contributions to the Fond, Before the End of Next Week, to Trexsarer Roberta. Washington, Sept. 23.—A final meet ing of the Dewey National Home Fund committee was held at the office of the secretary of the treasury. An account of stock was taken, and plans perfected for closing the subscriptions before the arrival in New York of Admiral Dewey. Committee All Present. The committee, composed of Assistant. Secretary of the Treasury Vanderlip, Assistant Postmaster-General Heath, Assistant Secretary of the Navy Allen, Adjt.-Gen. Corbin and United States Treasurer Ellis H. Roberts, were all present. At the conclusion of the meeting, the committee requested the publication of the following: The Committee's Last Call. “The Dewey National Home Fund committee have received contributions from about 30,000 citizens, representing every state and territory in the Union. These aggregate $27,069, exclusive of the contributions received this morning. The fund should be in creased to at least $50,000, to enable the committee to purchase a home at the capital of the nation, which will be a credit to the givers, and a pride to the hero of Manila bay Admiral Dewey has indicated to the committee1 a desire to make Washington his permanent home. Here, as the ranking officer of the United ^States navy, he will spend the remainder of his life.

’ifte Admiral Will Accept. The admiral has expressed his grateful appreciation of the intention of the American people to present him a home, and he will accept it with the. spirit in which it was given. The committee must close the sut script ions before the end of next week, before the arrival of Admiral Dewey, and will be pleased to receive and acknowledge, by the issance of a souvenir receipt, any contributions. A home will be purchased with whatever funds the committee may have at the end of next week. The time is now so short that the committee suggests those who desire to make an immense success of this work by making liberal subscriptions, to indicate their wishes by telegraph to Hon. Ellis H. Roberts, United States treasurer W ashington, D. C., who is treasurer of the fund; and to remit by first mail. THE CABINET SESSION. Subject ol Chinese Exclusion In the Philippines One of the : Subjects Discussed. Washington, Sept. 23.—At the cabinet meeting the subject of Chinese exclusion in the Philippines was discussed at some length. It was decided to ask Gen. Otis for definite information as to what had bet® done, and especially in regard to a particular complaint from the Chinese minister that one ship load of Chinese had been stopped. Gen. Otis will be asked to give reasons why this action was taken. First Assistant Secretary Hill of the ! state department was present at the I session on account of the Chinese ex-' elusion topic. The telegram from Gen. Otis relating to the occupation of churches by United States troops in the Philippines was read and discussed. No orders will be sent to Gen. Otis on this topic, as it is regarded as a part of warfare to occupy the churches. The subject of postal matters in Cuba and Porto Rico was considered and it was decided to reduce the rate in Porto Rico from five cents to two cents, allowing the same regulations to prevail as in Cuba.

USE OF CHURCH PROPERTY. A Dispatch Prom Gen. Otis la Reply to Inquiries as to Military Use of Church Property. Washington, Sept. 23.—The war department has received the following cablegram from Gen. Otis regarding the military use of church property in the Philippines: “Referring to your cablegram of September 18, report that 16 ehurehes in different localities have been occupied by United States troops. Four only partially occupied, and religious services not interfered with. Also three convents occupied. These three and ten of the 16 churches were formerly occupied by the insurgents. Church property is respected and protected by our troops.” E® Route to Sau Francisco. Atlanta, Ga., Sept. 2$.—Six companies, including Col. Harding, and the headquarters of the Twenty-ninth reg*bstnt United States volunteers, started from Fort McPherseu barracks to* 8a n Francisco en route to the Philippines, via El Paso. The remaining six j M-tnpanics will leave as soon as cars ter transportation can bo obtained. Variola IP the Thirty-First. San Francisco, Sept. 23.—Two additional cases of variola developed in tha Chirty-first infantry, now quarantined » Angel island, yesterday

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