( 10
XT OTAIW. THURSDAY, JULY SO. ISOS
-
I
'an act of the present congress per­
wealth,
¡join
in
such
cases
arises
from
the
healthier tone
Graually
mitting the issue of additional emer-t
which was hoarded is coming out to j , character of the Injury and the meth- gency bank notes, and insuring their
,fjod
of
inflicting
It
and
the
fact
that
be used. Confidence in security oí
withdrawal when the emergency has
business Investments is a plant of suit for damage offers no adequate | passed by at a high rate of taxation.
remedy.
The
Injury
is
not
due
to
slow growth and is absolutely neces­
It is drawn in conformity with the
sary in order that our factories may one single act which might be ade-, present system of banknote currency,
all open up again. In order that our quately compensated for In damages but varies from it in certain respects
unemployed and may be employed, by a suit at law but It is the result I
and In order that we may have pros- of a constant series of acts, each of j by authorizing the use of commercial |
perity which blessed us for ten years, which in itself might not constitute l paper and bonds of good credit, eat
the identity of interests of capital. a substantial injury of might not well as United States bonds, as secur-1
the
farmer and the wage earner in make a suit at law worth while, all! ity for its redemption.
i
the
same
business
in
these
states.
Cincinnati, Ohio, July 28.—Fol­ and cure the country against a de-
the
security,
and profits can be too of which would require a multiplic-! “It is expressly but a temporary I
Such
a
restraint
of
trade
has
always
arture from them
lowing Is the speech of acceptance of F
largely emphasized. i submit to ity of suits at law. Injuries of t this measure, and contains a provision!
been
enforced
at
common
law.
< liief Function of Next Administra­
class have, since the foundation i of for the appointment of a currency'
“Again the employes of an inter­ those most interested, to wage earn­ courts
Judge Wm. It. Taft, delivered to the
tion to Clinch U liât II«*
of equity, been prevented by commission to devise a new and re-,
ers, to farmers and to business men,
state
railway
combine
and
enter
up
­
Hern Isone.
formed system of currency.
official notification committee in thia
on a peaceable and Inwful strike-;o whether the introduction into power injunction,.
•
•
•
"This inadequacy in our present
“The chief function of the next ad- set ore better aages. At common itw ' fie Democratic party with Mr
city today.
currency system, due to changed con­
I ministration, in my Judgment la dis­ this was not a restraint of trade or Hryan at Its head, and with the busi- Notice and Hearing liefere Issue
ditions and enormous expansion. Is
“Senator Warner and Gentlemen tinct from, and a progressive devel­ commerce or a violation of the rights ¡ ness destruction that it openly advo­
Injunctions.
generally recognized. The Republi­
of the Committee: I am deeply sen­ opment which has been performed of company or the public. Neither cates as a remedy for present evils,
“I come now to the question
by President Roosevelt.
case ought to be made a violation of will bring about the needed confi­ notice before issuing an injunction. can platform well states that we must
sible to the honor which the Republi­
“The chief function of the next ad­
My own im­ dence for the restoration of prosepr- It is a fundamental rule of general have a more elastic and adaptable
can national convention has conferred ministration Is to perfect the machla- the Anti-Trust Law.
to meet the requirement« of
pression
is
that
the
supreme
court lty.
jurisprudence that no man shall be system
agriculturists, manufacturers, mer­
upon me in the nomination which I ery by which these standards may be would bold that neither of these in­
Nereswky for lUwieion of Tariff.
affected
by
a
judicial
proceeding
The consequent material develop­ without notice and hearing. This chants and businessmen generally.'
you officially tender. I accept with ’ maintained by which the law breaker stances are within its inhibition but
1 may be promptly restrained and pun-
It must be automatic In operation,
full appreciation of the responsibility ! Ished, but which shall operate with If they are so regarded general legis­ ment has greatly changed the condi- rule, however, has sometimes had an recognizing the fluctuations in inter­
Itlons under which many articles des- expression in the issuing of tempor­
lation
amending
the
law
is
neces
­
i
dispatch to sary.
it imposes.
'cribed by the schedules of the tariff ary restraining orders commanding a est rates, in which every dollar shall
i sufficient accuracy and
R-*publican Strength is .Maintenance Interfere with the great business as Iw-mocratic Plank to IdniR Corpora­ are now produced.
defendant In effect to maintain the be as good as gold, and which shall
machinery
little as possible. Such
"The tariff in a number of sched- statu« quo until a hearing. Such a prevent rather than aid financial
tion
to
Ownership
of
Fifty
Per
of Roosevelt Policies
the
present
la now adequate. Under
' ules exceeds the difference between process should issue only in rare ' stringency in bringing on a panic.
Cent of the Plant and
"Gentlemen: The strength of the rate bill and under all its amend-
the cost of production of such gr­ cases where the threatened change 1‘oKtaI Savings Bank god Its Advan­
Product
Faulty.
tage«
tides abroad and at home, including of the status quo would inflict irre­
republican cause of the change at ments the burden of the Inter-State
“
The
suggestion
of
the
democratic
Commerce Commission is supervising
"In addition to this the Republi­
reasonable profit to the American parable injury if time were taken to
hand is the fact that we represent and regulating the operation of the platform that trusts be ended by for­ a producer.
The excess over that dif­ give notice and a summary hearing. can platform recommends the adop­
policies essential to the reform of | railroads of this country have grown bidding corporations to hold more ference serves
no useful purpose but
The unlawful injuries usually in tion of a postal savings bank system
known abuses to the continuance of so heavy that It ia utterly Impossible than fifty per cent of the plant in offers a temptation
to those who Industrial disputes such as I have in which, of course, the government
liberty and true prosperity and that for that tribunal to hear and dispose any line of manufacture is made
would monopolize the production and described does not become formid­ would become responsible to the de­
we are dptermlned as our platform In any reasonable time of the many without regard to the possibility of the
sale of such articles in this coun­ able except after sufficient time to positors for the payment of princi­
evil in
unequivocally declares, to maintain complaints, queries and Issues of fts enforcement or the real
try. to profit by the excess rate. On
them and carry them on
For more jurisdiction as an executive, directing trusts. A corporation controlling 45 the other hand there are other sched­ give the defendants notice and hear­ pal and Interest.
“It is thought that the government
ing I do not mean to say that there
than ten years this country has body and Its functions should be lim­ to 50 per cent of the products may
passed through an epoch of material ited to the quasl-judlcial investiga­ by well known methods frequently ules tn which the tariff is not suffi­ may not be cases even in ind istrial guarantee will bring ont of hoarding
to give the measure of disputes where a restraining order places much money which may be
development far beyond any that ev­ tion of complaints by individuals and effect monopoly and stamp out com­ ciently high which
they should receive might properly be issued without no­ turned into wealth-producing capi­
er dccurred tn the world before. In by a department of the government petition in any part of the country protection
its course certain evils crept in. Some charged with executive business of as completely as if it controlled sixty upon republican principles and on tice but generally I think it is other­ tal and that ft will be a great In­
those the tariff undertaken upon this wise. It some state courts arid in centive for thrift in the many small
prominent and Influential members I supervising the operation of railways. or seventy per cent thereof.
principle which Is at the base of our fewer federal courts, the practice of places in the country having no sav­
Compulsory Hale of Product»«.
of the community, spurred by finan­
“There should be a classification
system
begun issuing a temporary restraining or­ ings bank facilities which are reached
"The proposal to compel a corpora­ present business
cial success and In that hurry for of that very small percentage of in­
It
greater wealth, became unmindful dustrial corporations having power tion to sell its commodities at the promptly upon the incoming of the der without notice merely to preserve by the postoffice department.
•f the common rules of business hon­ and opportunity to effect Illegal re­ same price the country over, allow­ new administration and considered the status quo on the theory that it will bring to every one, however, re­
at
the
special
session
with
the
pre
­
esty and fidelity and of the limita­ straints of trades and monopolies ing for transportation. Is bitterly im­
won’t hurt anybody, has been too mote from financial centres a place
liminary investigations already be­ common. Many of us recall that the of perfect safety for deposit«, with In­
tions Imposed by law upon their ac­ I and legislation either Inducing or practical. If It can be shown that In gun
by
the
appropriate
committee
of
tion This b*'6ame known The rev­ compelling them to subject them­ order to drive out a competition a
practice has been pursued in other terest returned. The bill now pend­
elations of the breaches of trust, the selves to registry and to proper pub­ company owning a large plant pro­ the house and the senate will make than industrial disputes, as for In­ ing in congress, which, of course, the
the
disturbance
to
business
incident
disclosures as to rebates and dis­ licity regulations and supervisions of ducing an article that is selling in
in corporate and stock con­ Republican convention had in mind,
such a change as little as poesible. stance
crimination by railways, the accum­ the Department of Commerce and one part of the country where it has to
troversies like those over the Erie R. provides for the investment of the
ItenxM-ratic
Tariff
Plan
and
Its
Had
competitors at a low and unprofit­
ulating evidence of the violation of Labor.
R., in which a stay order without money deposited in national banks
Effect on Business Condition.
able price, and in another part of the
the Anti-Trust law by a number of
notice was regarded as a step of great in the very places in which it ts gath­
The
democratic
party
In
its
plat
­
corporations, the over-issuance of Hallway Traffic Agreements A| h country where it has none, at an ex-
advantage to the one who secured it ered. or as near thereby as may be
form
has
not
had
the
courage
of
its
orbitant price. thls is evidence that
stocks and bonds on interstate rail­
and a corresponding disadvantage to practicable. This is an answer to the
proved by the ('ornmission
It is attempting an unlawful monop­ previous convictions on the subject the one against whom It was secubed criticism contained in the Democratic
ways, and the unlawful enriching of
Should
be
Valid.
of
the
tariff
denounced
by
it
in
1904
oly and juirttfles conviction under the
Indeed the chances of doing an in­ platform that under the system the
directors and for the purpose of con­
"It is agreeable to note in this re­ anti-trust laws; but the proposal to as a system of robbery of the many justice on an exparte application are money gathered in the country will
centrating the control of railways In
for
the
benefit
of
the
few.
but
it
does
one management al! quickened the gard that the republican platform supervise the business of corpora­
increased over those when a be deposited in Wall street banks.
Its intention of changing the much
"The Democratic platfoi m recom­
hearing is granted and there may be
conscience of the people and brought expressly and the democratic plat­ tions ta such a way as to fix the declare
tariff
with
a
view
to
reaching
a
rev
­
a moral awakening among them that | form Implicitly approve an amend­ price of the commodities and colu­
ways in which to affect the defend­ mends a tax on National banks and
basis and thus to depart from ant to his detriment. In the case of upon such state banks as may come
boded well for the future of the ment to the Inter-State Commerce plete tile sale at .such price is as ab- enue
Law by which Inter-state railways surd and socialistic a plank as was the protective system. The introduc­ a lawful strike the sending of a for­ in, in the nature of enforced insur­
country
may make useful traffic agreements ever inserted in a democratic plat- tion Into power of a party with this midable document, restraining a ance to raise a guaranty fund to pay
What llooeevelt Has Ibmc.
avowed purpose cgnnot but halt the number of defendants from doing a the depositors of any bank which
if approved by commission
This form.
ex-
“The man who formulated the
gradual recovery of the more recent great many different things which fails. How state banks can be Includ­
has been strongly recommended by
pression of the popular conscience President Roosevelt and will make Advantugi* of Combi nation of (Mpital. financial depression and
produce help the plaintiffs they are threat­ ed in such a scheme under the con­
“
The
combination
of
capital
in
and who led the movement for prac­ for the benefit of the business.
business disaster, compared with ening
to do, often so discourages men stitution is left In the twilight zone
large
plants
to
manufacture
goods
tical reform was Theodore Roose­
which our recent panic and depres­
Physical Valuation of Railways.
always
reluctant to go into a strike, of state rights and federalism, so fre­
with
the
greatest
economy
is
Just
as
velt. He lal.l down the doctrine that
Some of the sugg'stlons of the necessary as assembling the ¡«arts of sion will seem small indeed.
from
continuing
what is their lawful quently dimming the meaning and
the rich violator of the law should be democratic platform relate really to
latbor and What Republican Party right.
purpose of promises of platforms. If
the
machine
to
economical
and
rapid
as amenable to restraint and punish­ this subordinate and anclllery ma­
lias lions* For It.
they come In under such a system,
“
This
has
made
the
laboring
man
manufacture
of
what
in
old
time
was
ment as the offender without wealth chinery to which I have referred.
We come now to the question of
they must necessarily be brought
and without Influence and he pro­ Take for Instance the Bo-called phys­ made by hand. The government labor, One Important phase of the feel that an injustice is done in the within the closest national control,
ceeded by recommending legislation ical valuation of railways. It Is clear should not interfere with one more qualities of the present administra­ issuing of a writ without notice. 1 and so they must really cease to be
and directing executive action to that the sum of all rates or receipts than with the other and when such tion has been anxiety to secure for conceived that in the treatment of state banks and become national
make that principle good In actual of a railroad, less proper expenses, aggregations of capital are legiti­ the wage earner an equality of op­ this question is the duty of the citi­ banks. The proposition to tax the
performance. He secured the pas­ should be limited to a fair profit up­ mate and are properly controlled for portunity and such positive statutory zen and of the legislature to view the
sage of the so-called rate bill, de­ on the reasonable value of Its prop­ they are then the natural results of protection as will place him on a subjects from the standpoint of the honest and prudent banks to make up
signed more effectively to restrain erty and that If the sum exceeds this modern enterprise and are benefic­ level in dealing with his empolyer. man who believes himself to be un­ for the dishonesty and imprudence of
excessive and fix reasonable rates measure It ought to be reduced The' ial to the public.
The republican party has passed an justly treated as well as from that others Is unstable. Wo can forsee
In the proper operat'on of compe­ employers liability law for interstate of the community at large. I have the burden which would be imposed
and to punish secret rebates and dis­ difficulty In enforcing the principle I
criminations which has been general is In ascertaining what Is the reason-j tition the public will soon share with railroads and has established an suggested the remedy of returning upon the sound and conservative
In the practice of the railroads and able value of the company's property ] the manufacturer the advantages in eight hour law for government em­ in such cases to the original practice ban-kers of the country by this obli­
which had done much to enable un­ aud In fixing what Is a fair profit. enconomlcal operation and lower ployes and on government construc­ under the old Btatute of the U. S„ gation to make good the Fesses caus­
lawful trusts to drive out of business It is clear that the physical value of prices.
tion. The essence of the re­ and the rules in equity adopted by ed by the reckless, 3pectilative and
their competitors. It secured much a railroad aud Its plant U an element
Whnt Is an Unlawful Truxt?
form effected by the former is the the supreme court which did not per­ dishonest men who would be enabled
the issuing of an injunction wtth- to secure deposits under such a sys­
ctaver supervision of railway trans­ to be given weight In determining
“When, however, such combina­ abolition of the fellow-servant rule mit
ou‘ notice.
tem in the face of the proposed in­
actions and brought within the opera­ Its full value; but
as President tions are not based on any economic and the introduction of the compara­
“The number of instances in which surance. Tn its shape the proposal
tions of the name statute express; Roosevelt in his Indianapolis speech principles, but are made merely for tive negligence theory by which an
companies, sleeping car companies., and the Supreme Court have pointed the purpose of controlling the mar­ employe injured in the service of his restraining orders withont notice in would mean the removal of all safe­
fast freight and refrigerator linos,1 out, the value of railroads as a go­ ket to maintain and to raise prices, employer does not lose all his right industrial disputes have issued by guards against recklessness in bank-
terminal railroads and pipe lines and , ing concern, including Its good will, restrict output and drtve out compe- to recover because of slight negli- federal courts is small and It is tag. and the chief and in the end
forbade In future the combination of due to efficiency of service and many tion, the public derives no benefit gence on his part, Then is the act urged that they do not therefore con­ probably the only benefit would ac­
the transportation
and shipping1 other circumstances may be greater and we have a monopoly. There providing for compensation for injury stitute an evil to be remedied by crue to the speculator.
The small
Voluntary Plan for Guaranty.
business under one control in order ¿than the value of Its tangible prop- must be some use by the company of to government ’ employes, together statutory amendment.
number of cases camplalned of above
"A plan for a guaranty of deposits
the
comprehensively
great
size
of
its
to avoid undue discrimination.
with
the
various
rules
requiring
safe
­
ferty and It Is the former that meas­
“President
R<x>sevelt
directed ures the Investment on which a fair capital and plant and extent of its ty appliances upon interstate rail­ shows the careful manner In which by the voluntary act of the banks In­
most of the judges have exercised the volved has been favorably reported
suits to be brought and prosecutions 1 profit may be allowed
Then, too, output either to coerce persons to roads for the protection of employes
llnstltuted under the anti-trust law the question what Is a fair profit Is buy of It rather than of some other and limiting the hours of their em­ Jurisdiction but the belief that such to the house of representatives. This
coerce those who ployment. These are all the instances cases are numerous has been so wide­ is, of course, entirely different from
to enforce Its provisions against the one Involving not only the rates of competitor or to
I
most powerful of the Industrial cor­ Interest usually earned on normally would compete with it to give up of the efforts of the republican party spread and has aroused such feeling the scheme in the Democratic plat­
This must usually, to do Justice to the wage earners. of Injustice that more Indefinite form. omitting as it does the features
porations. He pressed to passage the safe Investments but also a suffi­ their business
pure food law and the meat Inspec­ cient allowance to make up fo- the In other words, . be shown In an ele- Doubtless a more conservative meas­ specification in procedure to prevent of compulsory participation and gov­
tion law In the Interest of the health 1 risk of loss, both of capital and In- ment of duress In the conduct of its ure for the compensation of govern­ reoccurrence of them is justified if it ernment guaranty. This proposition
of the public; clean business methods ' terest In the original outlay. These business toward the customers In the ment employes will be adopted in the can be effected withont injury to the will undoubtedly receive the thought­
ful consideration of the new mone­
and great ultimate benefit to the ' considerations will have Justified the trade and Its competitors before future; the principle In such cases administration of the law.
With respect to the notice the tary commission.
states themselves. He recommended capital In Imposing charges high mere aggregation of capital or plant has been recognized and in necessar­
democratic
platform
contains
no
rec
­
Republican Policies as to DepcniFen-
the passage of a law which the repub­ enough to Insure a fair return on became an unlawful monopoly, it is ily somewhat slow course of leglsla-
Its only Intelligible
cies
lican convention has since specifical­ the enterprise as a whole. The se­ perfectly conceivable that In the in­ tion will be more fully embodied in ommendation.
de-lniatlon in regard to injunction
“The Republican party has pursued
ly approved, restricting the future Is­ curities at market price will have terest of economy of production a definite statutes.
suits is a reiteration of the plank In persistently the policies originally
sue of stocks and bond« by Interstate passed into the hands of subsequent great number of plants may be legitl-
Advantages of Union.
the platform of 189« and 19M. pro­ adopted with respect to the depen­
railways to such as may be used by purchasers from the original Inves- imately assembled under th« owner­
To
give
to
employes
their
proper
viding that In prosecutions for con­
federal authority. He demonstrated tor.
Such circumstances should ship of one corporation, It Is Im- i position in such controversy to en­ tempt in federal courts where viola­ dencies which came as the result of
the Spanish-American war."
to the people by what he said, by properly affect the decision of the portant therefore, that such large
The condition of Cuba. Porto Rico
what he recommended to congress, ; tribunal engaged In undermining aggregation of capital and combina- able them to maintain themselves tions of the order constituting the
again,
as
employers
having
great
cap
­
contempt charge is Indirect, that is. and the Philippines Mr. Taft reports
and by what he did. the sincerity of whether the total of rates charged tion should be controlled so that the
ital
they
will
unite
because
in
union
outside of the presence of the court, as very satisfactory. He says:
his efforts to command respect for Is reasonable or excessive. To Ignore avenues of enterprise may be kept
“The proposition of the Democrat­
the law; to secure equity of al) be­ them might so seriously and unjustly open to the individual and the snial- there is strength and without it each there shall be no jury trial.
fore the law and to save the country impair settled values as to destroy ler corporation wishing to engage in individual laborer ami employe will Dangerous Attack on Power of lie platform is to turn over the isl­
be helpless
The proportion of In­
< Vturts.
ands as soon as a stable government
from the dangers of plutocratic gov all hope for Investment in new Tall­ business."
ernment. toward which we were fast road construction which in returning
“Mere aggregation of capital is not dustrial peace through the Instru­
is established. This has been estab­
“
This
provision
in
In
the
plaform
of
mentality of the trade agreement is
lished
The proposal, then, ia to
tending
In this work Mr Roose proseprous times Issue Is to be es- a trust, says Mr. Taft.
1896
was
regarded
then
as
a
most
one of the results of such union when
turn them over at once. Such action
velt has had the support and sym­ sent lai In our material progress
dangerous
attack
upon
the
power
of
••roper Treatment of Trusts.
Intelligently conducted.
• • •
pathy of the republican party and his >
the courts to enforce their orders and will taad ultimately to chaos in the
"Tn law trusts should be restrained
Rights of laibor.
chief hope of success In the present National Control of Inter-Slat«* Con • with
decrees and it was one of the chief islands and progress among the ig­
all the efficiency of the judicial
"In order to induce their employer
controversy must rest upon the confi­
in education and better living
merer <'oiq«*rnti<>ns.
processes and the persons engaged In | in compliance to their request for reasons for the defeats of the demo­ norant
dence which the people of the coun­
crats In that contest and it ought will stop. We are engaged In the
Another suggestion In respect to maintaining them should be punished
changed
conditions
of
employment,
try have tn the sincerity of the par­ ' subordinate r.nd Indirect mach lery with all the severity of criminal
to have been. The etxend*’d opera­ Philippines in a great missionary
ty's declaration In its platform, that necessary to carry out republican prosecution In order that the meth­ j workmen have the right to strike in tion of such a provision to weaken work that dons our nation honor, and
a
body.
They
have
a
right
to
use
It Intends to continue the policies
th'* power of the court in the enforce­ Is certain to promote In a most effec­
policies Is that of the Incorporation ods pursued tn the operation of their
Necessary to Ikrvlae Rome Meens of ' under national law. or the licensing business shall be brought within the such persuasion as they may. j ro- ment of Its lawful orders can hardly tive way the Influence of Christian
I
vlded
It
does
not
reach
the
point
of
civilization
It ts cowardly to lay
b’ over-stated.
by national llceuses or enforced reg­ law. To destroy them and to elim­
Permanently Se»'urmg I’rogro*"
down the burden until our purpose Is
istry of companies engaged In inter­ inate the wealth they represent from , duress, to lend their reluctant co-
Made.
I
laborers
to
Join
them
In
their
union
achieved.
EfTect of .Tiiry Trial
“President Roosevelt has set high est to trade The fact 1s that nearly the producing capital of the country ! against their employer and they have (
loss and a right if they choose, to accumulate i “Under such a provision a recalci­ Home of l>ro»t{M*rity In Change in Tar­
the standard of business morality, all corporations doing a commercial would entatl enormous
iff flcmmrmndpd by Repul»-
The railroad rate bill was more use­ business are engaged in Interstate! would throw out of employment myr­ funds to support those on strike, to trant witness who refused to ob<*y a
llcan Platform
ful possibly, in the Immediate mor- commerce and If they were all re-| iads of workingmen and women delegate to officers the power to di­ subpoena may Insist on a jury trial
Many unfortunate circumstances
al effect of Its passage than even In qulred to take out a federal license Such a result Is wholly unnecessary rect the action of the union and to bsfere the court can determine that
the legal effect of Its very useful pro­ or a federal charter the burden upon to the accomplishment of the needed withdraw themselves and their asso­ he received the subpoena. A citizen beyond human control have delayed t
vision
From its enactment dates the Inter-state business of the coun­ reform and will Inflict upon the in­ ciates from dealing with or giving summoned as a Juror and refusing to the coming of business prosperity to
nocent a far greater punishment than I custom to those with whom they are obev the writ, when brought into the Islands. Much may be done In
the voluntary abandonment of the try would be Intolerable.
this regard by increasing the trade
practice of rebates and discrimina­ Should lie Limited to Small Pcrcmt- upon the guilty.
court must b<- tried by another Jurv
In controversy.
age by Classification.
tions by the railroads aud the return
IH<niructive I’olicy of Democratic W hat l«ab<*r Cannot lawfully Do. to ascertain whether he got the sum­ between the isfknds and the United
States under tariff laws permitting!
"It Is necessary, therefore, to de­
by theor managers to obedience tn
Platform.
“What they have not the right to mons. Such a provision applies not
law In the fixing of tariffs The
““ pure vise some means for classifying and
"The democratic platform does do is to injure their employers' prop­ alone to Injunctions, but every order reciprocal free trade in the respec­
food and meat Inspection laws and Insuring federal supervision of such not propose to destroy the plants of| erty. to Injure the employers' busi­ which the court Issues against per­ tive products of the two countries
»1th such limitations as to sugar and !
by the corporations as have the power and the trusts physically, but It proposes ness because of threats or methods sons
the prosecutions directed
A stilt may be tried in the
president under the Anti-Trust law temptation to effect restraints of In­ to do the same thing In a different, of physical duress against those who court of first instance and carried to tobacco imported in the United:
have had a similar moral effect tn ter-state trade and monopolies. Such way. The business of this country is | would work for him or deal with the court of appeals and thence to States as will protect domestic inter­
the general business community and corporation constitutes a very small largely dv pendent upon a protective him or by carrying on what Is some­ the supreme court and a Judgment ests.
have In now common practice for the percentage of all engaged In Inter­ system of tariffs. The business done times known as a secondary boycott and decree entered and another Is­ Mlscom-eption as to Annual Coat of
Philippines
by many of the so-called trusts Is against his customer or those with sued. and If the decree Involves the
great Industrial corporations to con­ state business
One misconception of fact with
sult with the law with a view to keep­ < «instruction 07 Inti-Trust low Pos­ protected | with ■ the tKher busineanea whom he deals In business
All defendant doing anything or not do­ respect to our Philippine policy Is
of th country, The democratic piat­ those who sympathize with them may! ing anything and he disobeys It. the
ing within Its provisions It has al­
sible \*M-e««lty for tmrmlmvnt.
People of the
an- form prop« ■d to take off the tariff unite to aid them In their struggle! plaintiff who has pursued his reme­ A . J.1 * ro’tln’
so had the effect of protecting and
“The possible opera
b'at*8 a Ta»t annual sum !
’Uirwlon ail artl t*Sl com ina Into com peti- but they may not. through the tnstru-l dies In lawful course for years must,
encouraging spiall and competitive I tl-trust law under ei
i rise I tion with l
companies so that they have been en­ I of the Supreme Court
?£.!*•. wa,rPhu-1
* products by the *o- mentality of a threatened or actual | to secure his rights, undergo the un­
»8 to • 1902 Involved,
searv called tru
abled to do a profitable business
Ito suggestions for
and put them on the boycott, compel third persons against I certainties and the delays of a Jury
In an i expenditure of'
“Hut we should e blind to the or­ ! amendment to prevent
ch a course would be1 their will and having no interest Ini trial before he can enjoin that which
«175. .ono.ooo
dinary working of human nature if
11 It la
tlve of their bust nona their controversy to come to their as­ Is his right by the decision of the
This
If
W( uld not only destroy |
» the war. The fact
we do not recognize that the inoral
sistance These principles have for a. highest court In the land
I say
standards set by President Rooae-
I other smaller com great many years been settled by| without hesitation that such a change
e of the war In ,
velt will not continue to be observed
nthlesa and Imprac- the courts of this country
oration of order In
will greatly impair the indispensable
to whom cupidity and a desire for fi­
pxact coat of the
Threatened unlawful injur
power and authority of the courts
nancial power may tempt until the
Pl
i the regular armv
business like these above ca
Tl
The I'wrrrnry System.
requisite machinery la Introduced to
together with that
be adequately remedied by an I
The late panic disclosed a lack of
the law which shall In Its practical
Junction to prevent them The Juris­ elasticity In our financial system.
operation maintain those standards
diction of a court of equity to en- This has been provisionally met by
SPEECH OF ACCEPTANCE OF
JUDGE WILLIAM HOWARD TAFT
Could Lay Slate-Pencil in (u
Hands in Dreadful Stated
ease Defied Remedies and pj
scriptions-Suffered Seven Ye^
FOUND A PERMANENT
CURE IN CUTICURA
phy«eiaM.
waa bo had
my hand, th« ¡£<2
of the c rack, ir,d in
, J, UM
Pl** “d across th«
would not touch^
pend. I ;nMd
_
L sJ“® Lotion,*
others externally butt
e HorriA
.nl roi;-»
while
some pavw
gave nArf
partial
reiirf" mL*?
lieved as much as did the fir,,
Cuticbra Ointment, I made a purrhJ.
of Cuticura Soap and Ointment ¿J
my hands were perfe. tiv cured after t.
boxes of Cuticura Ointment and on.
cake of soap were used. 1 now ke?
them on hand for sunburn, etc and rl
Cuticura Soap for shaving Icolddwnt.
a great deal more in reference to rr*
cure but do not want to take more <9
your time. William II. Dean Sew.J
Dal., Mar. 28, 1907."
’
did not _________________
use any internal _ remedy ¿J
CHILD SUFFERED
With Sores on Legs. Cured in
Two Weeks by Cuticura.
“My little daughter suffered with
sores on her legs all last summer Her
feat wore sore, too. and she could, <
wear her shoes. I think she wan poiKMd
by running through weeds but the doc-
tor said it was eczema. I tried aeveral
remedies but failed to find a pure Then
I sant for Cuticura Soap and Cuticura
Ointment which cured her in two wseh
I find Cuticura the best I ever tried for
any kind of sore and I hope I shall never
be without it. Mrs. Gertie Lauzhlm.
Ivydale, W. Va., Apr. 25, 1907." *
OMsrHew Knernal snd tatrnai Tvtlw k>
Errry Hvmur of Infant*. Children and Adurt«
eonalau of Cuticura Soap (25c , to (iearne the
Cuticura Ointment (.50c ) to H«al the 8km ¡ft
Cuticura Reaol v«nt (50c > (or In the form of Chorau
Coated Pina 25c. per vial of 60) t<>PurifytWBtan?
Sold throughout the world
Potter I)ru< A Cbem
Com . Hol« Prop«.. Bouton, M am .
Mailed Free. Cuticura Bout on Skin DM mm
L iquid fac ;
POWDER
mparts a pleasing softness
and delicacy to the skin '
■and restrains the ravages of
sun, wind and time. -
ts continued application elimi
nates sunburn, tan and freckles aod
render« imperceptible annoying
minor blemishes and sallowness.
It possesses a dainty, clinging odor
exclusively its own and is in every
way a perfect toilet luxury. Price
50 cents. Ask your druggist (or it
HOYT CHEMICAL CO. IKS
D andruff and
TUUNC t HAIR
are bat oatward siyns o! the evil
done in secret by myriads of dan»
Jnrff germs sappint the life Wood
of the hair. Micro kills the para­
site. soothes the itching sAlp.
gives tastre to the hair xodfof»
it fallintout A single appikatwa
gives relief aod proves its worth
Save yonr hair before too 1st«.
Micro prevents baldness. Ita *
delightful dressing for the hat,
tree from grease and sticky od»*
Ask your drugxist for tree PookJet
HOYT CHEMICAL QQ.
»•arums. <>•«••«
f
G olden
W est
r
COFFEE
TEA ■SPICES,
BAKING P0WDÇR
EXTRACTS
,
JUST RIGHT
F ï tpia L WILL CONVINCE A
CLOS SET a DEVERS
*
PORTLAND?