Daily capital journal. (Salem, Or.) 1903-1919, August 25, 1908, Image 5

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Daily capital journal., August 25, 1908, Page 5, Image 5

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Newspaper Page TextDA1LX CAPITAL JOUIUf AL. 8ALKM, OREGON, TUESDAY, AUGUST S3, 1908 kU nnst t m I 9 J. L STOCKTON a . THE OLD WHITE CORNER NEW GOODS ARRIVING DAILY ony with the position of Jefferson With a knowledge of human nature which few men havo equalled and nono surpassed, and with extraor dinary foresight, he expressed unal terable opposition to every form of private monopoly. The student of history will And that upon thh sub ject, as, upon other subjects of gov. L. eminent, tho groat founder uf th'j r ' .. i I ) uomocrnuc party took his position Dress Goods Special JO HOLTS OF NOVELTY SITTINGS IX HOTH LIGHT AN DARK SHADES, ALL VKHV- DKSIRAHLE PAT TEHXS, THIS SPRING'S PUR. CHASES INCLUDED. BOc TO 7flc VALUES 38c yd Wash .' , Goods ' , 'U'w ' - . J A A RIG, ASSORTMENT OF 15c TO 33c VALUES TO t CLOSE OUT AT 9c yd Great Shirtvvaist Sale if K SILK, COTTON ANT) WOOL "WAISTS, oOc TO $7.00 VAL UES FOR- 25c IT IS TRUE THAT THE STYLES ARE NOT THE VERY LATEST, RUT THEY WILL COMPARE VERY WELL WITH THOSE YOU NOUGHT LAST SEASON AND ARE STILL WEARING. THE SILKS ARV3 IN ALL COLORS AND ARE WORTH TEN TIMES THE FrtlCE WE ASK FOR THEM. Real 50c to $7.00 Waists Reduced to 25c upon tho stdo of tho wholo pcoplo , nnd agalust those who seek to mnko . not oxcrclso It to make private mo (a private use of government, or nopollcs Impossible? , strive to seauro special privileges at! Tho llconso Bystem presents an monopoly, or which will pormit the Interstate telegraph lines to bo used to Increase tho power tof a prlvato monopoly; or, to mnko 'tho case stronger, no party can consis tently clnlm to bo opposed to tho trusts which will allow tho' nulls of tho United Statqa to bo UfcoJ by tho trusts as an ngoncy for tho ex termination of competition. Con gress 1ms already exercised this power to exterminate lotortos. Why tho expense of tho public. .easy way of regulating such corpor I I have, In discussing the tariff atlona as need federal regulation. quoatloii, prosontod ono ot our rom-,Tho law can not prohibit tho doing j odles, namely, tho repeal of tho ot a thing and liuposo i ponnlty for. raises prices this is tho first let 'the respective positions of the parties bo fully understood. Tho Democratic party doca not oppose 'all corporations; on the contrary", It ( recognizes that tho corporation can render an important service to the public. The Democratic party wanls , to employ ovory instrumentality that can bo employed for tho advanco- mont of tho common good; but tho Democratic party draws tho lino at private monopoly and desires that a private monopoly cannot bo Justi fied on cltho'r economic or political grounds. Wherever private monopolies ox , 1st, certain lrresltlblo tendencies manifest themselves. First, It '5 ADDRES S (Continued from Pace 1.) year aftor year why It was Impos-' pealing to tho Roosevelt Republl- ' nntt I (llnHiinnliiH a k 1 n ..!. I..& is so llfclosH and his manner so slblc to enforco It. Instead of being a "wholesomo In strument for good," it htiB been al most useless, so far as tho protec tion of tho public 1b concorned, for tho trusts havo grown In number, In strength and In nrrogance, nt tho very tlmo when tho Republican par ty was bonstlng of Its enforcement of law. Tho stcol trust was formed Immediately after tho election in 1000, and a promlnont Republican snld, in n speech soon nftor, tlint 'Sow bow does tho Republican er ihow lis real indlfforenco to ! reform inoro than In It's trcat- ot the trust question. Hero I tie Republican platferm: ( iuv iwim until ii jinny jjubbvu iiiu iram anti-trust law over Dom- itle opposition and onforccd It pr Democratic dereliction. It been n wholcsomn Instrument Nf tood la the hands of a wlso nnd'lt might jiavo prevented a Ropubli ifleM administration. Hut ox- cnu victory If It hnd been formod bo- Mac has shown tlint It's offcc- icr(! t election. tonea can J)o Btrengthoned nnd ' Moat of tho trusts havo novor retl objects better nttnlned by uoou disturbed nnd thoso that lmvo naendmens bb will give to the ,,00n prosecuted have not hnd their Wttil government creator minor- business sorlously Interrupted. Tho ProBldeut lias dono Romothlng to ward tho enforcomont of tho law but not nearly ouough, nnd tho Rj rnibllcnn loaders have thwarted him t ovory point. Finally the bus! at over point. Finally tho Presi dent been me so exasperated that he sont to congrosfi a mossago whicn hooked Republican londors by the ri and control over, nnd secure 'pub1' 'i In the mnnngamont '"a i of corporations on Mfiii "i i itafe commorco. hnv- wc and (iiportunlty to affect F -ivh'riiji antl-truit law was I'M Ik tun aRo; it has a crlm- ww hi,u tiroviiles a .r1;;; P- florwnoM .MU denunciation of tho -"' wnment for thoao who , . . . , - fngpth,. In rmtZnt at lirecmtory terost8- T1e very con- Ev - .in , 1 rm , J vontlon'thnt ipoko In IU platform of fcv, Jintp the ennctmont nf .. ...... ... uh tw ...! ,,-..- l,, numinutrniion as "a wiso ami fc Republics pVrty hne con-. refar'088 nf mv" nriiiyf K the ex.,tiv LJJ1 "" ,.oi tho sonntors and mombore of l:w of representatives. In-'T088 ;vh 1b0,d,y ?,)p0,80(, ovo,ry Democratic dereliction, the T ' i . , V ' ' . Party ha. henn m, ,cltohes of tho favor-seeking corpo.- er ear. the strict fnr. . nUon8' Tho Ropubllcnu platform snya 10ONSTONE For August "Weir Uw5loEe, or for thee SoaBeulalfeiioity,.. Bt .1. "ta 1IR natna hr--t'- . one .I " lvaS of ... ' 0 the form, f .,. Calr?" e. "ft heVn 'Uverypop H,ae-agu bora. Ow ltA,L. .... tsltl 6,ttlne welry c,w aouth. rang. 0f l, . Lwejry Store -ty Streets. ear, the strict oiifnrop. " 'ha' law 011,1 ha t.,..w I ". ' ... ..IB 11IT1I1MI. I . . . . - . ..... a'iarty ha- been ,.,;,,., tnat experlonco hns shown that tie uneciivenoss ot tno anii-trusi taw ' could bo strengthened by amend ments which will glvo tho federal government grentor supervision and , control over, and greater publlolty as to tho management of thoso in toretato commerce corporations which havo the power and oppor tunity to effect monopolies. That is all. No pointing out of remedies; no outlining of a plan for more effectlvo legislation simply a gen eral statement that promises noth ing in particular. And Mr. Taft's speech of acceptance ie even weaker than the platform. Ho gives no evidence of having studied the question or of comprehending the I Iniquities of a monopoly. You look tin vain in his notification speech for any sign of indignation at what the trusts havo been doing or foi evidence of zeal in their prosecution. He has, for several years, been an 1 intimate official companion of tno President, but be has caught none of tho fire which the President man ifested in his message of lal January. If In the presence of an arousod people, and In the heat of a cam paign, the Republican party con tents Itself with a cplorlese plat form on this subject, what can wo expect In 4tho way of activity when the exigencies of the campaign are I passed? If. when Mr. Taft Is ap- apologetic and apathetic, what rea son havo wo to expect either vigor In tlio enforcement of tho law or carnestnoss In tho search for addi tional remedies? in mu upuuen aouvcrca auout a year ago announcing his candidacy Mr. Taft suggested that tho present law .bo so amended so as to permit "rca&onnblo" restraint of trndo. oiiuu uu amcnumoni. would uo ns absurd as an amendment to tho law ngahiBt burglary limiting tho law to cases In which moro than two burglars ontorod tho houso at ono tlmo and took more tlun half thoy found, in his notification apooch ho suggests national incorporation re remedy which would mnko con ditions worse bocntiBO, without add ing to tho powor of congress to pro vont monopolies, it would deprive tho stntos of tho powor to protect tholr own people. Now lot mo contrast the Demo cratic platform with the Republican platform. Nowhero I. the dlfforenco in tho method of dealing with ques tions more innnlfost. Our platform says: A prlvato monopoly is indeferi slblo and Intolerable. Wo therofore favor tho vigorous enforcement of tho crlmlnnl law against guilty trust magnate and ofllclnls, and de mand tho enactment of such nddf tfonnl legislation na may be necoi sary to make It Impo&slblo for a prlvato monopoly to exist In the United Stntos. Among tho addi tional remedloe, wo specify three; FlrBt, a law preventing a dupli cation of directors among compet ing corporations; Second, a license system which will, without abridging tho right of each Btate to create corporations, or its right to regulate as It will for eign corporations doing business within Its limits, mako it neceaiary for a manufacturing or trading cor poration engaged in interstate com morco to take out 'a federal license before It shall bo permitted to con trol as much as 25 per cflnt of tho product in which It deals, the license to protect tho public from watered stock and to prohibit tho control by such corporation of moro than 50 per cent of tho total amount of any product consumed In tho United States; and, third, a law compelling such licensed corporations to sell to all purchasers in all parts of th qountry on tho same terms, after making due allowance for cost of transportation." Here is a plain, candid statement of the partios position. Thore Is no quibbling, no ovaeion, no ambiguity. A prlvato monopoly la indefensible and Intolerable. It Is bad bad m principle and bad In practice Xo appology can be offered for it, ana no people should endure it. Our party's position is entirely In barra-l tariff from Imports which compet j with trust-made good. This, wo be .llevo, would grontly lesson tho ox- .tortion prncticed by tho truste nnd t bring about tho dissolution of mnny . monopolistic combines, But wo nro 1 not satisfied moroly with tho lessen . Ing of extortion or with the dissolu tion of some ot tho trusts. It 1b Impossible for tho Republi can party to enforco tho present criminal law against trust offlclnlf; theso ofllclnls aro Intlmntoly con nected with tho Republican party in tho present campnlgn. Tnko, for Instance, tho chairman of the Re publican speakers' commlttco, Mr Dupont of Delownro. Ho is tho do fondant In a suit which tho govern ment brought and Is now prosecut ing. Mr. Dupont Is charged with violation of tho anti-trust law. Mr. Taft favors control of trusts in stead of extermination, but after years of experlonco tho peopld havo learned that tho trustB control tha government. As stated in tho Democratic platform It Is: "A llccn&o system which will, without abridging tho right of each stato to create corporations, or U,i right to regulate as It will foreign corporations doing business within its limits, mnko It necessary for n manufacturing or trading cvorpora- Hon ongaged in Intorstnto commorco to tnko out a federal llconso before It shall bo pormlttod to control ns much ns 25 per cont of tho product In which It deals, the llconso to pro tect tho public from wntorcd stock and to prohibit tho control by ouch corporation of moro than 50 por cent of tho total amount of any produc tion consumed In tho United States." '"""AB'io5ng,atf"a corporation confines ItBolf to tho stato In which It Is cro ntcd, congress can not Intorforo with it; but when tho corporation ongngos in intorstnto commorco, congrocs is tho only power thnt can rcgulnto U Interstate business. Wo want to mako it unlnwful for n corporation to use tho Instrumen talities of intorstnto commorco for tho carrying out of a monopolistic purposo. Suroly no pnrty enn con- DiBiuiiuy uiauii iu uu uijiunuu iu i tho violation of tho law, but expe rience hn8 Bhown thnt it 1b very dif ficult to gather up evidence from nil sections ' of tho United Stntea and, prosecute n great corporation. Tho llconso, however, would not pormit tho growth ot the corpora tions licensed. Ono of tho restric tions suggested Is that bucIi licensed corporations bo compelled to soil all purchasers In all parts of tho country on tho Bamo terms, aftor mnklng duo nllowanco for coot of transportation. Mr. Taft' attacks this restriction as "utterly imprac ticable." Ho snyB: "If it can bo shown that in order to drlvo out competition, n corpor ation owning a largo part of tho plant producing an article is selling In ono nirt of the country, whoro It has competitors, at n low and un profitable prtco, and in nnothor part of tho country, whoro it has none, at an exhorbltnnt jprlco, this is or Idonco that It Is attempting an un lawful monopoly and Justifies con viction under tho antl-tniBt law." Ho snya: "To suporvlco tho buslnosa of corporatlona In Buch a way nn to fix tho prlco of commodities ami compol tho sale at ouch prlco to as abBtird and socialistic a plank as was over InBortcd -In a Democratic political platform." And yet this sentonco Is found In tho samo paragraph with tho sen tonco nbovo quoted In which ho de clares that It Is ovon now a viola tion ot tho Sherman nntl-trust law for a corporation to attempt to de stroy a compotltor by soiling at n low and unprofitable prjco whoro It has competition, and nt an exor bitant prlco whoro it hns no compe tition. Ih what rospoct is our plan moro socialistic than tho plank which Mr. Taft. Indorsos? According to Mr. Tnft'g logic, a plan 'b not socialistic which is not effectlvo, but tho snmo would bo socialistic if mndo offoctivo. No ono proposes to Intorforo with production on a largo Bcalo. No ono objects to production on a scnlo Biif flcontly larso to onablo tho producer to utlllzo by-products and tnko ad vantage of nil tho economics thnt prlvato monopolies which will per- lnrgo production makes poBslblo. m It tho Intorstnto rn II roads to bo! Lot tho Issuo bo mndo plain; lot need to carry cmt tho doslgne of a tho distinction bo accurntoly drawn; t , thing thought of, for thu Incrcnsing of proCtts. Then, In proportions ns It becomos tho only purchaser of tho raw material, It reduces tho prlco of tho raw material, and tho pro ducer of thnt raw material, having I no market, must accept tho price ! offered. I Competition protects tho pur chaser, for when a number of Inde pendent producers stand rendy to I supply him with what ho needs, he .cnn chooso botwecn thorn and buy from tho ono who offora the bot product at tho lowest prlco. Mr. Taft cither misunderstands or misrepresents tho Democratic post- ,t!on In rogard to tho extermination of tho principle of prlvato monopoly. In his notification speech in which ho says: , j "Mr. Roosevelt would compel the tnusts to conduct their business in I h lawful manner and secure the bonofltB of tholr operation and the maintenance of ho prosperity of the country of which they aro an im portant part; whllo Mr. Dryan would oxtlrpato and destroy tho en tiro business In ordor to stamp out tho evils which thoy havo practiced Horo Is a confession by Mr. Taft that ho regards tho triiBta as nec essary to' tho nation's prosperity, for ho declares that tho play an im portant part In 'tho maintenance ot prosperity, and ho charges that X would "oxtlrpato and doetroy" bul noBs In extirpating and destroying tho prlnclplo of private monopoly. Suroly, his study ot the tru&t question has boon very superficial If ho soos danger in tho restoration of a reign of competition. Tho pooplo havo beon robbed by tho trusts to tho extent of hundreds ot mlltons a year, and If Mr. Taft Is not yet coiilcIoub ot what Is go ing on, and not yet arousod to the Iniquity of these trusts, how can tho country hopo for rollot through his olection? Tho word, "socialistic" Ib hurled nt tho Domocratlo party and tho Democratic platform. Now, as a mnttor of fact, It Is Mr. Tnft'B party nnd not tho Domocrntlo party which, hnn given oncourngomont to social-' Ism. Whllo profosslng to abhor so cialism, tho Ropubllcnu parly linn gone half wny toward socialism hi (Continued on pugo eight). unssi .D JhL Jtx vJT JnL JL ITS NOTHING NEW FOR VOU TO FIND KXCKITIONAr, IJAROAINS IN OUR CARPET DEPARTMENT, IN FACT THAT'S WHAT YOU ARK ACCUSTOMED TO -RUT THE SPE CIAL OFFERINO THIS WEEK IN ROOM-SIZE INGRAIN RUGS IN UROWN AND ECRU CANNOT RE DUPLICATED ELSEWHERE AT DOUHLE THE PRICE. THE MILh HAS DISCONTINUED THIS PAT TERN SO WE CANNOT RE-OHDER AND HAVE DECIDED TO CLOSE THEM OUT ON A IJASIS .OF 0c PER YARD . ", M 9x7-6 -9x9 - -9x0-6 -9x2 - - - $4.50 - - $6.00 NS MtMTOM !l ill W mitzyi fjj 1 I V l BWy WwSCxw ffl M T ----.