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title: 'The Day book. (Chicago, Ill.) 1911-1917, February 10, 1912, Image 9',
meta: 'News about Chronicling America - RSS Feed',
Image provided by: University of Illinois at Urbana-Champaign Library, Urbana, IL
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WHY WE ARE NOT GOING TO PRINT A LOT OF BUNK
FROM WASHINGTON ABOUT INVESTIGATIONS
Congress is becoming a House of Investigations and bunk
We received a long story by wire from Washington today
about how thorough and wonderful the investigation of the money
trust was going to be.
We were going to print that story at first, but we took a second
thought and decided not to. What's the use?
Look at the Stanley committee. Why was the Stanley om
mittee appointed? Why, just to i'nd out if the Steel Trust, as an
industrial institution, was or was not bad, and report its findings to
The Stanley committee found out. It listened to a lot of bunk
about how everything could be made right if only the millenium
.were here from Judge Gary and Charlie Schwab and that smug old
hypocrite Andy Carnegie.
Then, after these millionaires had spread their hot air, the
committee listened to another sort of man, a man of big heart and
great mind Louis D. Brandeis, of Boston, nicknamed "the people's
Brandeis began by demolishing the Steel Trust's excuse for
existence. He told the qommittee that the big trust was inefficient,
that it was loosing money by its methods, that from a mere "business
viewpoint, its bigness made it a losing proposition.
When his statements were challenged, Brandeis dug into a big,
black bag he had brought with him, and produced documents and
proved every word he had said.
And when he had finished with that and had the steel trust's
attorneys gasping, Brandeis began on another end of the steel
trust's existence its effect upon society.
He told the committee that the majority of the laborers em
ployed by the trust were forced to work twelve hours a day for
seven days in the week for a beggar's wage, averaging $10.50 a
And Brandeis proved that, too.
Now, why didn't the Stanley committee quit right there, and
make its report to congress saying the steel trust was bad, and ought
to be wiped out of existence?
You know, and we know, and the Stanley committee knows,
yes, and even the steel trust millionaires, deep down in their money
calloused hearts know, that no industry that works men twelve
hours a day for seven days in the week is right.
It can't be right. It is bound to be wrong, and rotten, and
against the law and built on false foundations.