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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 26, 1908)
tttt" iimTiVTVC OTfFftOXTAV. WTDXESDAY. AUGUST 26, 1908. 1 1 " ' I i ..ssi j.i. T3 T BRYAN AND KERN Democratic Vice - Presidential Nominee Accepts Honor. BRYAN TALKS ON .TRUSTS Compare Platforms of Two Parties ami Declare Democrats Offer Only Effective Remedy ior Nation's Economic Ills. (Conttnued From First Pm) the Kev. Father Gavisk, of St. John's Dm.n PutlioUe Church, this city, mu- i enaratinsr the speeches. Thomaa x..hoii rw-mocratia candidate for Governor of Indiana, followed Mr. Kern nri Mr. -Brvan's speech on trusts fol lowed Mr. Marshall's address. Mr. Brvan first quoted the Repub llcan platform as It related to trusts and declared that although the Demo-i-Hc nartv had been urging the en- fnrr.mtnt of the Sherman anti-trust Jaw. the Republicans had been busy year after year explaining why It was Impossible to enforce It. Mr. Bryan declared that despite the cry of the Republicans the law has been almost useless so far as the public Is con ..orni.ri that the trusts have grown In nnmhn strength and arrogance, and said: Flays Republican Trust Policy Most of the trusts have never been disturbed, and those that have been prosecuted have not had their business seriously Interrupted. The President has rinna something toward the enforce ment of the law. but not nearly enough ami the Reoublican leaders have ikwirii Mm at every point. Finally the President became so exasperated that he sent to Congress a message which shocked Republican leaders by the fierceness of Its denunciation of the predatory interests. The very con vention that spoke In its platform of the Administration as 'a wise and fear less one" was composed largely of the Senators and Members of Congress who boldly opposed every effort to free the people from the clutches of the favor seeking corporations." In contrasting the Democratic plat form with the Republican platform, Mr. Bryan aaid: "Our platform says: 'A private monopoly Is Indefensible and intolerable. We therefore favor the vigorous enforcement of the criminal law against guilty trust magnates and officials, and demand the enactment of such additional legislation as may be necessary to make it Impossible for a private monopoly to exist In the United States. Among the additional remedies, we specify three: First, a law pre venting a duplication of directors 'among competing corporations; second, a license system which will, without -abridging the right of each state to create corporations, or Its right to reg ulate as It will foreign, corporations doing business within Its limits, make It necessary for a manufacturing or trading corporation engaged in inter state commerce to take out a Federal license before it shall be permitted to control as much as 25 per cent of the product In which It deals, the license to protect the publlo from watered stock and to prohibit the control by such corporation of more than 50 per cent of the total amount of any prod uct consumed in the United States; and, third, a law compelling such licensed corporations to sell to all purchasers In all parts of the country on the same terms, after making due allowance for cost of transportation.' Handicap of Republican Party. "Because the private monopoly Is In defensible and Intolerable, the Demo cratic party favors Its extermination. It pledges itself to the vigorous en forcement of the criminal law against trust magnates and officials. It is im possible for the Republican party to enforce the present ertmlnal law against trust officials; these officials are Intimately connected with the Re publican party In the present cam I palgn. "Our platform does not stop with the enforcement of the law; It demands the enactment of such additional legisla ; tton as may be necessary to make it ' Impossible for a private monopoly to exist In the United States." As a simple and effective remedy for curbing the trusts Mr. Bryan quoted from the Democratic platform as fol lows: "A license system which will, with : out abridging the right of each state to create corporations, or Its right to regulate as It will foreign corporations doing business within its limits, make it necessary for a manufacturing or trading corporation engaged In inter state commerce to take out a Federal license before it shall be permitted to I control as much as 25 per cent of the j product in which it deals, the license ; to protect the public from watered stock and to prohibit the control by such corporation 01 more tnan 50 per cent of the total amount of any prod uct consumed In the United States." Mr. Bryan then told how competition protects the - purchaser and how the business men of the country had felt the pressure of the trusts. He then I said: "Mr. Taft either misunderstands or misrepresents tne Democratic position in regard to the extermination of the i principle of private monopoly. In his ' notification speech he says: . Makes Thrust at Taft. " "Sr. Rooosevelt would compel the trusts to conduct their business in a la-Yful manner and secure the benefits of their operation and the maintenance of the prosperity of the country of which they are an Important part; while Mr. Bryan would extirpate and destroy the entire business in order to stamp out the evils which they have practiced.' "Here la a confession by Mr. Taft that he regards the trusts as necessary to the Nation's prosperity, for he declares that they play an Important part in the maintenance of prosperity. and he' charges that I would 'extirpate and de stroy business In extirpating and de stroying the principle of private monop oly. Surely, his study of the trust ques tion has been very superficial, if he sees danger In the restoration of a reign of competition. "Let us tajce an illustration: Suppose the Democrats succeed In the enactment of a law In harmony with the Demo cratic platform a law requiring every corporation to take out a Federal -license before it Is permitted to control 25 per cent of the business In which it Is en gaged. Would this "extirpate and de stroy the business of the country? As Jseady stated, but a very small per cent of the corporations would be af fected by the law, and those affected 1 srould- be tbe ones that hare, been giving HQUSANDS HEAR the officers of the law so much trouble during the Jast Is years. As the li censed corporation Increased its busi ness from 25 per cent to 60 per cent,- it would be under the watchful eye of the Government, would be compelled to make such reports as the Government required, would be prohibited from wa tering its stock, and would be required to sell to all customers upon the same terms, due allowance being made for cost of transportation. Would It 'ex tirpate and destroy' business to require these licensed corporations to do busi ness on an honest basis and to be rea sonable in their business methods? Would not the benefit accruing to the S9 small corporations thus protected from conscienceless methods be enough to offset any evil effects that might fol low from such restraint of a few big corporations? Is business so dependent upon dishonesty and unfairness that it would be 'extirpated and destroyed' if morals were Introduced into It? When the licensed corporation reached a point where it controlled one-half of the busi ness In which it was engaged, it would, according to the Democratic plan, have to stop expanding. Would It "extirpate and destroy business to put this limita tion upon the greed of a few corpora tions? Surely our plan could not injuri ously affect corporations that might hereafter seek to establish a monopoly. How Democratic Plan Would Work. "But possibly Mr. Taft thinks that It would "extirpate and destroy' business to apply the plan to existing monopo lies. Let us see: suppose we nave corporation now controlling 75 per cent nt the mitmit of the article in wnicn u deals, and through this control, regu lntlnir thA rjrlea and the terms of sale. Hnv would the Democratic plan affect It? A date would be fixed at which the law would take effect, end on or before that dale the corporation . would be re quired to 'apply for a license. The evi dence would show that It controlled a larger proportion of the product than the law permitted, and It would be com rHeri t sell off enough of its plants tn reduce Its output to 50 Per cent of HA tntni -nrodurt- It could then com niv with the taw. obtain its license, and proceed to carry on its business in ac rnrrianca with the law. Would It ex tirpate and destroy" business to compel such a corporation to dispose of enough of its plants to reduce Its production tn M ner cent? The people would still need th article which it produced, and the plants which It was compelled to sell would become independent plants competing with It. This competition would reduce prices, and the reduced prices would increase the demand for the article, and this increased demand would stimulate the building of more factories and give a larger employment to labor. The restoration of competition in that industry, instead of 'extirpating and destroying' the industry would re vive and enlarge it. A part of the bene fit would go to the consumers in the form of a cheaper product and a better product, part would go to the producer of raw material in the form of a better price, and part would go to Ore wage earners In the form of better wages. The only persons to lose would be the trust magnates, who would no longer be tble to collect dividends on watered stock by controlling the market. When the subject Is analysed It will be seen that Mr. Taft must- either be In dark-- mm tn th remedv and lt effect, or he must argue that the introduction of morals Into business would 'extirpate and destroy" business. I have quoted ana requotea mr. Taft's language because I want to Im press upon the minds of those who lis ten to me the absurdity of the objection which he raises to the Democratic plan of exterminating monopolies. He fails to distinguish between the honest busi ness that makes a country prosperous and -the brigandage practiced by pri vate monopolies. The people have been robbed by the trusts to the extent of hundreds of millions a year, and if Mr. Taft is not yet conscious or wnat is going on, and not yet aroused to tne Iniquity of these trusts, how can the country hope for relief tnrougn nis election? In my notification speech I called at tention to three demands made by our party. It asks, first, that tne Govern ment shall be taken out oi me nanus of special interests, and restored to the people as a whole; It asks, second, for honesty in elections and publicity In regard to campaign funds, that me people may freely choose representa tives In sympathy with them and pledged to guard their interests; It asks, third, for such a modification oi our governmental methods as will make the Senate an elective body, and , place the control of the House of Rep resentatives in the hands of a majority of Its members. A few days ago. In discussing the tariff question, I dwelt upon the fourth demand made by our party, namely, that taxation be just. that the revenue laws be maae ior tne purpose of raising revenue ana not ior the enrlcnment oi a lew at me expense of the many, and that the tariff law be supplemented by an Income tax which will mart nearly equalize the Government's burdens. Today I present another demand made In our party platform the demand that the grip of the trusts be broken, that competition be restored and that the door of oppor tunity be opened to the business men. and the toilers of the land. Wace-Earmer ax Mercy of Employer. '"Industrial independence is necessary to political independence. The free ex ercise of the rights of citizenship is Impossible when a few men control the Industries In which millions are em ployed. God forbid that we should com pel the wage-earners of the Ration to address their petitions to trust mag nates, and ask for their dally bread. Mr. Kern thanked the notification com mittee for the courteous manner in which the official notice of his nomination was conveyed to him and said, in part: I prize It all the mora, and accept It. -with a full sense of the burdens and re sponsibilities. As a candidate, I shall try to wear the honor worthily, and as faith fully as I can discharge all the duties prop erly devolving on me as one of your standard-bearers, and. If elected, I promise to serve all the people of the Republic by the conscientious discharge of the duties! of the office. The question of tariff taxation is one of vital Interest. I am In hearty accord with our platform declarations on that subject. Kern AsaaUs DtnslCT Tariff BUI. The Republican candidate for Vice-President. In his recent speech of acceptance, lauded the Dingier bill, and declared that when enacted it was well adapted to exist ing conditions, but proceeded to add. '"that the developments of Industrial prosperity In a decade which, in volume and decree have surpassed our most roseate expectations, have so altered conditions that In certain details of schedules tbey no longer In every particular mete out Justice to all" For these reasons, he declared In favor of a re adjustment, "based on the broad principles of protection for all American interests, alike for labor and capital, for producers and consumers." The hundreds of thousands of American workinirmen who are now vainly seeking employment were doubtless delight ed when they read about that "industrial prosperity" which so "surpassed our most roseate expectations," In thousands of American homes, families will gather about dinner tables which for many months have not been encumbered with a beefsteak, and Indulge In "roseate expectations" of their own. The voters of America are not likely to be deceived as to the tariff question by the stock arguments of the opposition. The average voter understands that the tariff Is a tax to be paid by the consumer of the article taxed. He knows that taxes In ex cess of the needs of the Government are un just and oppressive, and that extravagance In Government administration Indulged In for the mere purpose of creating a necessity for additional taxation, is profligacy. Every legitimate business Interest in the country Is demanding tariff reform. The manufacturer who Is not a monopo list Is demanding cheaper raw materials and wider markets for his products. The work Ingman understands that a restricted market means flreleas furnaces and enforced Idle- The American worklngmaa has had bitter experience under the epexeUou. tlw BinxDenlson Hotel at o'clock and ware V ' "" '' ' ( I ... New Fall Neckwear A visit to the Neckwear Counter is well worth while right now. 'Twill be a revelation as to what is new and right in clever neckpieces. Fine assortment of ruchings, Irish crochet, tinsel com binations, Directoire stocks, bows. Jabots and belts. ' Children's Hats and Bonnets Extra Bpecial values. A clean-up of all odd lots in Children's and Infants' Hats and Bonnets. Less than 100 left, but what are here will be bargainized in no uncer tain manner. Full front bon nets or hats of fancy straw or lawn. They are made in dainty styles and trimmed with lace and embroidery. Hats that are regularly worth to $4.50, specially priced at $1.6i Another lot, containing -values to $8.50, choice 2.75 Still another. Hats and bon nets worth to $20 .:$4.95 Andirons $1,80 and Up A Sale Get ready for the cool eve nings, when your idea of comfort will be to ait by the fireplace and watch the flames that play and think what a comfort a home is. Let this sale help make home more comfort able and more artistic at small cost. ley bill. fnder the shelter of this tariff wall trusts and combines have sprung up on every hand, and wKh extortionate prices confront the consumer on every occasion when he seeks to buy the necessaries of Ufa Farmer Betweea Two Millstones. The farmer understands that while he has to buy everything In a protected mar ket he is compelled to pay tribute to the trusts and tariff beneficiaries, he Is com pelled to sell his surplus produce in a free trade market, where he comes in competi tion with all the rest of the world. He looks no longer with Indifference upon the fact that the farmer of Canada, Argentina, Australia and other civilised countries, buys agricultural Implements of American manu facturers cheaper than they are sold to him. Thinking people of all classes are be coming Interested In the moral aspect of this question. The President In vigorous lan guage has pointed the evils which have grown out of the existence of "swollen for tunes," the most of which have been amassed by the beneficiaries of this sys tem. . Senator LaPolIette. In a speech delivered in ths Senate last March, exhibited a list of less than one hundred men who. he de clared, controlled the Industrial life of the nation and hold In their hands the business of the country. A casual reading of tne list shows that It Is made up oi men wno nv been the beneficiaries of legislation or favorites In the administration of the law. The President rails against swollen for tunes as menaces to the public welfare and as promotive of evils which eat at the very heart of society. As remedies, he has suggested an Income tax and an Inheritance tax. that their growth may be to some extent checked. Th, x'atlonal r-nnventton of his party Is silent upon the question of these proposed reforms, while the possessors of most of these swollen fortunes, allied as tney are with the dominant forces of the Republican party, are giving generous support to the Republican National ticket. Dint Democratic Party Pledgee. The Democratic party, while favoring the reform measures repudiated by the Republi can National Convention, has another rem- riv. It would, by legislation, in a targe degree, cut off the streams of money which under the present eysiem are nowmg irora every home In the land and emptying Into the coffers of the trusts. It would leave In the pockets or tne pro-. ducers and laborers of this land, every dol lar of the money they earn, save only such amounts as may be needed for the economi cal administration of the Government. it would bv rigorous law enforcement strike down private monopolies which prey upon the people, and protect the public against extortion ana imposition oy in great public corporations, whether by exces sive charges or by the over-Issue of stocks and securities. In other words. It would undertake to bring about In government, a realization of that good old Democratic maxim of Thomas Jefferson, "Equal ana exact juiucb to an men; special privileges to none." It has no war to wage on capital. It has no quarrel with corporations, honestly cap italized, which carry on a legitimate busi ness, according to law. It win encourage the Investment Of capital In the develop ment of the country and protect It when Invested. It will draw a sr.arp line oeiween tawrui business lawfully conducted, and unlawful business, or business carried tn in defiance of law and the rights of the public, protect ing the one, and protecting society from the other. Must Win Battle Without Honey. I will not at this time discuss the sev eral planks of the National platform. I Indorse the platform In all Its parts, and pledge my best endeavors towards secur ing the reforms to which the party is by Its terms committed. As the campaign pro gresses. I shall stubs its various features, from time to time, as opportunity presents. There Is a movement among the people for better government, which is growing in force day by day. It is confined to no one party, but men of all parties, all trades and ocupatlona are coming together and making common cause in behalf of a res toration of a government of the people, for the people and by the people. We must and win win tris eatt:e witneut the use of money, or the aid of corporate power. If our adversaries so desire let them pursue that course. But there are times in the life of a na tion like this when money and coercive In fluences are of no avail. There comes a time, when the quickened 'conscience of an enlightened people Impel action, which neither money nor influence can check. That time. In my judgment Is here. Let every man from this hour forward perform his duty in a manly and honorable way. When Mr. Kern closed his speech of acceptance he waa given another burst of applause. Chairman Mack Introduced Thomas R. Marshall. Democratic candi date for Governor of Indiana, who spoke briefly. . , Labor Loaders Call on Bryan. Morning trains coming into the city were crowded. The business streets.early assumed a gala appearance, as flags and banners were swung from buildings in honor of the occasion. A special train from Louisville brought 300 visitors. In cluding a uniformed marching organiza tion which paraded the streets with a band Mr. Bryan spent the night at the res idence of Mr. Kern. The two Democratic candidates made their appearance at the r LADIES FIFTH The Combination Shoe Sale Every pair of Men's, Women's and Children's Oxfords, on sale at greatly reduced prices. Winter styles alone excepted. The bargains in women's include prices from 99 to $3.19, and this takes in oxfords worth to $6.00. Men's and children's shoes are bargainized in similar fashion. Then, in addition to the oxford sale, we offer 5000 pairs of the famous La Bonte Shoes for fo 4 o women at the exceedingly low price of, per pair, all sizes in each style. v-" Style X250 "Women's tan Rus sia calf, blucher style, extension sole, medium heel and toe, splendid style for Fall wear1; stamped La Bonte, $3.50 , $2.19 Style B201 Ten-button shoe in patent colt, extension sole, mil itary heel, dull calf top, slight swing last, slipper foxed. Stamped La Bonte, fco 1 Q $3.50 - P.1S Style 201 Women's Lace Blu chers, patent colt, with medium extension sole: A new short vamp last, with dull kid top. A neat pattern with a narrow shank. Stamped do - Q La Bonte, $3.50 J.G.17 $2.19 Pr. Portland's Smartest Styles in Tailored Hats MILLINERY SALONS ON THE SECOND FLOOR loudly cheered as they passed through the parlor, where a reception was held for an hour, the people passing through the parlors and shaking hands with the two candidates and Chairman Mack. Among the callers upon Mr. Bryan were the National officers of the Mine workers', Barbers,' Bricklayers', Team sters' and Typographical Unions. RESCUES LOST FISHERMEN Schooner Picks. Up Two Men Adrift in Arctic Sea. SAN FRANCISCO, Aug. 25. The cod-fishing- schooner City of Papeete arrived here today from the Arctic, (bringing the story or the rescue of Charles An son and George Jordan, members of the crew of the schooner Fremont, after they had been adrift for 48 hours on the icy sea in a small boat. The two men set out In the schooner's dory to fish, when a blizzard came up and blew It far out to sea. The storm continued for two days, and the half-frozen fish ers were completely exhausted when they were sighted by the City of Pa peete and taken on board. Jordan remained in a comatose condi tion for three days, and Anson was also in a serious condition. After a week they were returned to their own vessel. Fire at Old Diggings, Cal. REDDING, Cal., Aug. 25. A fire early today at White House or Old Diggings, destroyed the hotel building which also contained the postofflce and a store. The loss on the building, owned by James Whalen. of Castella, is $3000. Postmaster Samuel Black lost the stock of his store and furni ture valued at $2500. HOME JOURNAL PA TTERNS WASHINGTON"' SIXTH STREETS U ' It'll'- V 1 T- B1SBEE AGAIN FLOODED THIRD CLOUDBURST WITHIX . MONTH DOES MUCH DAMAGE. Wall of "Water Six Feet High ' Sweeps Down Main Street of Arizona City. BISBEE, Ariz, ' Aug-. 25. Bisbee for the third time in three weeks waa yes terday visited by a cloudburst. The damage Is estimated at $25,000. The bursting of a subway at the head of Main street caused the damage. When the subway buret a wall of water six feet deep swept down the street, car rying: ahead of it horses, wagons, bug gies and the automobile of G. J. Cun ningham, cashier of the Bank of Bis bee. At the. lower end of the street the automobile was rescued. A number of house foundations were weakened. The Grand Hotel was con demned this evening and the guests moved out Last night the town was without fire protection, owing to water mains being washed away. The gas was off and all big sewerage mains are broken In many places. So far as Is known, there is no loss of life. Bisbee la located In a canyon, so that cloudbursts In the mountains above make the place peculiarly susceptible to floods. Find Smuggled Chinese. EL PASO, Tex., Aug. 25. Six China men were found secreted in a carload of ore from Los Angeles bound for NBA You like toasted corn flakes, do you? Well, you don't know how good toasted corn flakes can be unless you eat The E-C process of steam -cooking retains and emphasizes in E-C Corn Flakes all the natural flavor of the corn, and the E-C toast ing process makes every flake dainty and crisp, the most delicious morsel of corn food anyone ever tasted. You'll say so, too. No artificial flavoring is used in E-C. At Your Grocer's, 10 Cents. EffST-O-S.ee Cereal Company, CHICAGO Largest Maimfarttxren f Flailed Cereal Foodi hi the WerM New Fall Trimmings 1 lOc-ISc "We will be pleased to show you the Fall's fa vored fads in garment decorations. New laces, dress needs, new baby embroidery, new tinsel ribbons, new Persian, ribbons, new sash ribbons. See the new Directoire sash. New tinsel ruffs and ornaments. Style "202 Women's Blucher Shoe of patent colt, with dull calf top. Good weight soles, but not extended, giving light appearance. Stamped La Bonte, ' do i q at $3.50 Ps4.1i7 Style 255 Women's Glaced Calf Bluchers, with dull calf top. Extension soles. A serv iceable, stylish shoe. Stamped feo':'..... 32-19 Style 251 Women's bright fin ished dongola kid, laced, Blu cher style, with dull calf top, high arch last. Medium exten sion sole and Cuban, heel. Stamped La Bonte, jq i q $3.50 p,lU $2.19 Pr, Brighton, Pa., at Almagordo, N. M to day. By removal of part of the door the Chinamen had been put into the car after it was sealed. Thla Is the third carload of smuggled Chinamen captured at Almagordo in the last two months. SEARCH FOR BRIDEGROOM Newly Married Army Officer Badly Wanted as Witness. SAN FRANCISCO. Aug. 25. The court-martial of Captain S. A. Avery, of the United States Artillery Corps, at the Presidio, on charges -of falsification of account; and embezzlement, which Is to begin tomorrow morning, may have to be postponed, on account of the absence of Lieutenant Graham Parker, an important witness for the prosecution. Mr. Parker, who was recently mar ried, is on his honeymoon trip some where between San Francisco and Seattle- The department has been unable to locate him. It may be necessary to defer the trial of Captain Avery until Lieutenant Parker can be communicat ed with. Tenant Kills Landlord. FAYBTTESVILLE, Ark., Aug. 25. Lewis Luttrell, a farmer, was shot and killed at Savoy yesterday by a tenant and Immediately after the killing the tenant was cut and probably fatally wounded by a son of Luttrell. The ten ant and the elder Luttrell, It Is said, Quarreled over rent. Special sale fine shoes at Rosenthal's. jToaste Special Sale of Wool Blankets We have had a taste of what is to come in cool nights. They are soon at hand, and thrifty housekeepers will provide right now for the blanket needs, and those who know will turn to this store for quality and sav ings. We offer as a special attraction a lot containing about 300 Wool Blankets in gray or vicuna brown. They are full size, made with fancy border, and nicely bound edges. $5.00, special, pair.. 3.00 $5 and $6 Blankets $3.50 $8.00 values, special $4.50 $9.00 values, pair. . .$6.50 Underwear for Men 35c Gmt. 4 gloriously good bargain offering in all the season's accumulation of short lots in men's SOc and 75c un derwear. This includes the well-known "POROS KNIT" in pink or blue, and regular balbriggan weaves and fancy knit in white, blue, pink and ecru, special, the garment 35c WYOMING STAGE ROBBED LONE HIGHWAYMAN TAKES $1500 FROM PASSENGERS. Yellowstone Park Outlaw Could Sot Have Committed Crime- Latter Still at Large. , HELENA, Mont." Aug. 25. A special to the Record from Cody, Wyo.. states that the stage running .between that place and Meoteetse. Wyo., was held up today by a robber and the passengers mulcted to the extent of $1500. Because of the distance separating ths places, this robbery evidently was not committed by the highwayman who held up the stages In Yellowstone Park yes terday. Kills Old Man in Sleep. CHICAGO. Aug. 25. Frank Bryant. 25 years old, was arrested In Chicago yester day and confessed he murdered Thomas Brady, an aped clerk, Sunday night In Springfield, III. Brady and Bryant slept in the store of George L. Forsythe. Bry ant said he drank a pint of whisky after he went to bed and as a result could not go to sleep. After tossing for hours, Bry ant went Into Brady's room, he says, and heard the old man groan!! and moaning. "I was feeling good," -.ld Bryant last night, "and told him to shut up. He mut tered something and kept on groaning. Then I grabbed an ax lying on the floor and hit him on the nut." h