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The Princeton union. [volume] (Princeton, Minn.) 1876-1976, December 28, 1911, Image 3

Image and text provided by Minnesota Historical Society; Saint Paul, MN

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83016758/1911-12-28/ed-1/seq-3/

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rA
SHALL THE
CURBED OR
Senate Committee on Inter
state Commerce Wres
tling With Question.
WH
A shall we do with the
trusts?
Is it better to sanction and
regulate or to prohibit and
prosecute them?
Can free competition be restored to
the industries of America?
Shall the government rggulate prices,
limit the capital of corporations or "le
galize limited monopolies?"
These are some of the farreaching
questions that a committee of the Unit
ed States senate is now putting to the
leading men in the industrial, finan
cial, legal and labor worlds.
The trust problem has seized con
gress in a grip thit is not to be shaken.
The sporadic attempts at new trust
legislation that have been made dur
ing the last few years have given way
to a systematic, exhaustive investiga
tion of the whole problem, begun in
Washington and which is to continue
until there is before the senate such
a synopsis of the views of all trust
students as congress has never before
had
What promises to be the most im
portant investigation since the Sher
man law was enacted in 1800 is being
conducted by the senate committee on
interstate commerce. It is not an in
vestigation of any one or two trusts
nor an attempt to make capital out of
the crisis that has developed through
the dissolution of the Standard Oil
company and the American Tobacco
company.
Sane Ideas Welcomed.
It is rather a sober, well conceived
plan to find out ail that every impor
tant trust expert in the United States
knows Any man of recognized ac
quaintance with the subject of trust
legulation, management or prosecu
tion or any student of the subject from
an economic standpoint is welcome be
fore the senate committee in Washing
ton, where the "school of trust con
tiol" is in pi ogress
J. Pierpont Morgan, Elbert H. Gary,
George W. Terkins, Andrew Carnegie,
Samuel Untermyer. Seth Low, Sam
uel Gompers and many others whose
names are associated with the organi
zation, management or regulation of
big corporations or who are active stu
dents of the commercial and industrial
conditions that have arisen as a result
of coiporation giowth are among those
invited to appear before the senate
committee Many of them have agreed
to give their views as to what the gov
crnment shall do to more effectively
control combinations, and some have
already appeared
I has become apparent thus early in
the hearings that any amendment to
the Sherman law itself will be vigor
ously opposed. That law is recognized
as the great policeman of the highways
of commerce and industry The trou
ble T\ ith its enforcement in the past has
been the difficulty of telling just how
far its rigid and severe language was
to apply
It has been strong enough to break
the Standard Oil and American Tobac
co companies, to force a reorganiza
tion of the International Harvester
company and the United States Steel
corporation and to give promise of a
change the methods of many of the
other great combinations of capital
The trouble is not with the Sherman
law. but with the lack of legislation to
"back up' that law
The Great Question.
"is theie a 115 legitimate form of com
bination that the government should
recognize and permit? If so how shall
it be safeguarded and regulated? is the
que&tion the committee wants answer
ed
Cannot soiPe law be made that will
jjeiinit corpoiatioiis to know, without
the teuois of an anti-tiust suit, wheth
ei oi" not ihev are within the law in
extending and developing their com
mei ce among the different states? The
committees T\aut advice on this and is
getting it fiom many quarters.
Shall the ?o^ ernment work with the
eoi novations through a trade commis
sion, or shall it lay down certain laws,
tell the corporations to toe the mark
and then go after them with the Sher
man law v*hen they fail to do so?
There is apparently a clean division
between the latter two propositions
The membeis of the committee them
selves are divided on the subject, but
not more so than the witnesses who ap
pear to state their views of needed
trust legislation. Samuel Untermyer
urged a trade commission that should
pass upon the charters of the corpora
tions, prescribe the conditions they
must meet, see to it that they did not
secure a monopoly, but give them the
opportunity to make "limited trade
agreements."
"Enforce the anti-trust law against
them until thev face ruin, then give
them the right to make agreements
that will enable them to do a fairly
Profitable business," was the sub
stance of Mr. Untermyer's suggestion.
Opposed to this is the belief that the
government should not thus allow it
self to be drawn into a situation where
it would in fact be a party to the or
ganization of corporations and where
it might hamper the subsequent prose
oution of a corporation that outgryn
Its swfddlms c'ot'ics a'ul became
TIPS
TRUSTS 5E
BE KILLED?
Any One With a Real Answer
Is Welcome Chairman
Clapp's Statement.
full fledged "piratical giant," stalking
the small business man and destroying
free competition.
Senator Clapp's Statement.
Senator Clapp of Minnesota, chair
man of the committee now sitting on
the trust problem, made for the pur
pose of this article a concise statement
of the divergence of views that exists
over this question of control.
"Two general plans seem to have
been evolved so far by those who have
appeared before the committee," he
said. "One is the creation of a com
mission which shall pass upon the or
ganization of concerns intending to en
gage in interstate commerce. This in
volves, again, two ideas.
"The one is that corporations doing
interstate business shall be incorporat
ed by the federal government under
some law which will prescribe the con
ditions of federal incorporation. This
plan, of course, encounters a feeling of
jealousy on the part of the states.
"As opposed to this federal incor
poration, but within the general plan
of federal supervision, is the plan of
obtaining a license from the federal
board or official, by which corporations
chartered to do a state business can
engage in interstate commerce upon
complying with certain conditions.
These conditions can either be stated
in the federal license or put into the
law as conditions that must be com
plied with before the license will be
granted.
"Of course both of these secondary
plans involve the thought of describ
ing, either in the charter or license or
in the law under which the license is
granted, the nature of efforts to pre
vent monopoly and unfair means in
the destruction of competition.
Prescribe Conditions.
"The other general plan which has
appeared in the hearings, opposed to
the idea of the government's attempt
ing to supervise and co-ordinate itself
With the corporation through a com
mission and a charter of license law,
is to prescribe by law in just as plain
and definite terms as can be employed
the conditions upon which corporations
can engage in interstate commerce,
leaving to the law enforcing agencies
of the government the enforcement of
the provisions of the law
"In other words, without any co
ordination by government agencies,
simply put the subject where other
subjects are placedenact your law
and then enforce it.
"As a legislative proposition the
the plan of government co-ordination
will be easiest, because the law pro
viding for that would necessarily
leave much to the discretion of the
government board or commission,
while the other plan would involve
much more difficulty in framing the
law itself
"On the other hand, the latter plan
has the advantage that it is easier to
enforce the law where the line of de
markation as to its violators is made
plain than where the interpretation of
the spirit of it is left to the judgment
of a board or commission
"The object of these hearings is to
get the views of men of all shades of
opinion, with the thought that some
of the views that are expressed may
be beneficial to the committee and per
haps to congress generally
"The decision of the supreme court
in the Standard Oil and American To
bacco company cases and the subse
quent action of the circuit court in
New York in reorganizing the tobacco
trust has rendered it very clear that
some legislation should be enacted to
relieve the situation of the uncertainty
which these decisions have created.
While it is clear that the situation re
quires dealing with, I must confess
that it is not by any means clear as
to what the remedy should be"
Personnel of Committee.
The committee that is trying to shape
a yardstick that will unerringly meas
ure "embryo trusts" or actual combina
tions is made up of eight Republicans
and seven Democrats, thirteen of the
fifteen members being lawyers. The
members are:
Senators Clapp, Minnesota Cullom,
Illinois Nixon, Nevada Cummins.
Iowa Brandegee, Connecticut Oliver,
Pennsylvania Lippit, Rhode Island
Townsend, Michigan, Republicans.
Senators Tillman, South Carolina
Foster, Louisiana Newlands, Nevada:
Clarke, Arkansas Gore, Oklahoma
Watson, West Virginia Pomerene.
Ohio, Democrats.
"DIAMOND DICK" DEAD.
Dim Novel Hero Run Down by Train
at Kansas City.
George B. McClelland, better known
as "Diamond Dick," famous in dime
novel lore, was killed by being run
down by a train while driving over a
railroad crossing at Kansas City.
McClelland was a crack shot with
the rifle, his favorite trick being the
shooting of an apple from a man's
head. ran away from home at the
age of sixteen and in 1872 joined with
"Buffa'o Bill," "Wild Bill" and "Texas
Jack" in the show business.
PBiycETpy insnoy rauasPAT,
JOHN BIGELOW,
"FIRSTCSTIZEN"
Few Men In This Country Have
Equaled His Active Life.
STATESMAN AND PUBLICIST.
Wrote Many Books and Was a Power
In PoliticsAuthorized Biographer of
Samuel J. TildenSomething of His
Career.
John Bigelow, who died recently at
his home in New York, from his emi
nence of ninety-four years looked back
upon almost that many years of active
life in a variety of capacities equaled
by few if any. Lawyer, diplomat, pub
lic officer, journalist and indefatigable
author, he had worked with three gen
erations of men at home and abroad
and continued working and taking
part in affairs until the last. To many
Oe was America's first citizen, her
*grand old man."
His opinion on political questions
was sought constantly and was given
always in virile pointed terms some
times none too welcome He held
closely to the principles of the earlier
Democratic party. His one guiding
principle in all his political views was
his advocacy of free trade. To the
doctrine of protection he laid nearly
all the ills of the nation, and this eco
nomic heresy, as he styled it, was as
abhorrent to him as any theological
heresy ever was to any one "Turn
your custom houses into hospitals and
make some social use of them," he
said. In religion Mr. Bigelow was a
member of the Swedenborgian church,
to which he turned more than fiftj
years ago.
John Bigelow was born at Maiden,
Ulster countj. N. on Nov 25, 1817.
the descendant of an Englishman who
settled in Watertown, Mass, in 1642
He was graduated from Union college
in 1835 and three years later was ad
mitted to the bar
His articles on constitutional reform,
published from 1845-46, were reprinted
in pamphlet form and largely circu
lated
In the campaign of 1S4S, in the heat
of the antislavery agitation, the tn
umph of the Free Soil Democracy was
signalized by the nomination of Mar
tin Van Buren to the presidency. Mr.
Bigelow actively supported Van Bu
ren's candidacy.
His Diplomatic Career.
In 1861 President Lincoln appointed
bim consul to Paris. Upon the death
of the United States minister to Fratr~e
in 1864 Mr. Bigelow became charge
d'affaires at Paris and then envoy ex
traordinary and minister plenipoten
tiary to the empire. His mission to
France closed in 1867.
After a brief interval at home he
went to Berlin to educate his children
Upon his return to America Governor
Tilden appointed him in 1875 one of
the four commissioners to investigate
the management of the state canals,
resulting in the overthrow of the canal
ring, and in the autumn of that year
he was nominated secretary of state of
New York. won over Frederick
W. Seward, the Republican candidate,
by 14,810 votes
In the spring of 1886 he was- desig-
nated by the New York chamber of
commerce to inspect so much, of the
Panama canal as was then under con
struction, and on the receipt of his re
port he was unanimously elected a
honorary member of the chamber.
was also delegate of the New York
chamber to meet representatives of all
commercial bodies of maritime- Efcrope,
who met in Panama on invitation of
Count de Lesseps
The same year he received the hon
orary degree of LL. from Racine
college. Wisconsin, and from Union
college, his own alma mater. The
University of the City of New York
bestowed the same degree u$w him in
1889 Grover Cleveland daring his
first term of office as president ap
pointed Mr. Bigelow assistant United
States treasurer for the city of New
York, but Mr. Bigelow declined to
serve, as he had also declined the of
fice of New York city chamberlain,
tendered to him by the mayor.
Trustee of Tilden Bequest.
By Mr. TiMen's will (August, 1886)
Mr. Bigelow was appointed a trustee
Df several million dollar to be applied!
to the establishment and maintenance
f a public library in New York city.
kt the time of his death he was presi
dent of the board of trustees of the
New York Public library, Astor. Lenox
and Tilden foundations. Mr. Bigelow
also became by the terms of the Til
den will the testator's authorized1
biog-
rapher and published the "Life of
Samuel J. Tilden" in 1895.
His later years had been spent lei
surely. UBt he kept to the last a keen
and highly informed concern in the
tievelopment of the nation's affairs,
and his advice was sought constantly
by those who were trying to better the
affairs of city, state or nation.
Mr. Bigelow was a corresponding
member of the Massachusetts Histor
ical society and of the New York His
torical society and the Maryland His
torical society. was a trustee of
the Metropolitan Museum of Art. trus
tee and president of the Tilden trust
and first vice president of the Century
club and member of the art commis
sion of the city of New York.
In 1850 Mr. Bigelow married Jane T.
Poultney of Baltimore. She died in
1888.
Sf|^f*i^
DECEMBEB
NORTHWESTERN HOSPITAL
AND SANITARIUM.
(ESTABLISHED 1900)
A private Institution which combines aU the
advantages of a perfectly equipped hospital
with the quiet and comfort of a refined and
elegant home. Modern in every respect. No
Insane, contagious or other objectionable cases
received. Rates are as low as the most effi
cient treatment and the best trained nursing
will permit
H. C. COONEY, M. D
medical Director,
NELLIE JOHNSON, Superintendent.
lisisthe
\Iisf
Use
IT
S different from
others because more
care is taken in the mak
ing and the materials used are
of higher grade
Black Silk
Makes a brilliant, silky polish that cloesnot
rub off or dust off, and the shine lasts four
times as long as ordinary stove polish.
Used on sample stoves and sold by
hardware dealers.
All i\ ask is a trial Use it on your cook stove,
your pa-!or stove or your eras range If you
clon finest the best stove polish you ever used,
yourdealerts authorized torelund yoar mojiev
Insist on BlacU bilk Stove Polish.
Made in liquid or pasteone quality.
BLACK SILK STOVE POLISH WORKS
Sterling, Illinois
Use BlasfcSllk Air-Drying Iron Enamel on grates,
registers, stove pipes-l*revent rustine
Use BlaeltSilk Metal Polish for silver, nickel or
brass, it has no equal lor use on automobiles.
Get & Cart tfOfeASS
Notice to Parents and Guardians
The ruling of the Board of Educa
tion for Independent School District
Number One, Mille Lacs county,
Minn., regarding the payment of
tuition by non-resident pupils is as
follows:
All puplht not residing in school
district number one, and desiring to
attend school at Princeton or Briok
ton in any @f the grades, are required
to pay tuition at the rate of $1.25 per
month for each pupil. The payment
of said tuition shall be made at the
beginning of each term, in advance
for that term, to Superintendent
Marshall, who is authorized to collect
it. Failure of any such pupil to pay
the tuition' as specified will prevent
that pupil from attending any of the
classes in the grades.
By Order of the Board of Educa
tion, 3. Skahen, Secretary.
Princeton,, Minn., Dec. 20, 1911* 2fr
WHAT'S THE KKASON?
Many Princeton People In Poor Health
Withoat Knowing the Cause
There ace scores of people who drag
out a miserable existence without1
realizing the oause of their suffering.
Day after day they are racked with,
backache and headache suffer from
nervousness, dizziness, weakness)
languor and depression. Likely the
kidneys have fallen behind in their
work of filtering the blood ancLtha* i
the root of the trouble. Look to yomi
kidneys* assist them in their work
give theiro the help they need. Tow
can use no better remedy than Doan's
Kidney Pills. Below is grateful testi
mony from a sufferer in thia locality.
Mr*. A. V. Axtell, Foley, Mian.*
say*: "Our experience with Doan's
Kidney Pills has been very satis
factory. We procured this remedy
and it acted promptly and effectively
in removing lumbago and lameness
through the loins. We feel that we
cannot recommend' Doan^s, Kidney
PSlls-too highly."
For sale by all dealers o-r upon re
ceipt of price, SO cents. Poster-Mil
burn Co., Buffalo,. New York, sole
agents for the United States.
Remember the nameDean's and
take no other.
Almost an Accident.
The fussy little gentleman sidled up
to the cabman, who was standing de
jectedly at the bottom of the hill.
"And pray, my good fellows" he
jrarred, "what's the matter?"
"Matter sfcrr replied the cabby,
turning the straw in his mouth.
"Why* a genelman's 'oss ran away
with a broo'm. Never seed anything
like it, sir. Down the 'ill he came,
with the reins a-dangling and the
sharves splintered, and knocks a
butcher's barrow into a china shop!"
"Dear me!" muttered the O. M.
"Yes." continued the cabby. "Then
he hangs agin a carriage and pair and
smashes the hoffside back wheel all
to bits. Then he hupsets a phaeton
and a gig, and if he hadn't run agin
my old cab and turned it right over
I'm werry much inclined to think
there'd have been a haccldent"Lon~
don Answers.
2 8 1911
1- 'M'
1*0,* kM*.z?&&
I Farm Lands
First National Bank
of Princeton, Minnesota.
Paid up Capital, $30,000
A General' Banking Busi
ness Transacted.
Loans Made on Approved
Security.
Interest Paid on Time De
posits.
Foreign and Domestic Ex
change.
S. S. PETTERSON, President.
T. H. CALEY, Vice Pres.
J. PETTERSON, Cashier.
M. M. Stroeter will conduct farm auctions either on commission
or by the day.
Princeton State Bank
Capital $20,000
av G*nral
Farm Mortgages,
Insurance, Collections.
Princeton, Minnesota
Capital $32,000 Surplus $4,000
JOHN W GOULDING, President G.*A. EATON, Cashier
i HcMillan & Stanley
Farm Loans
W*|Ha|MJt|
H4M4'H'4't
Successors to
I n. S. RUTHERFORD & CO.
JI Princeton, Minnesota
W Handle the Great Northern Railway Co. Lands
pmwmmmmmmmmm?mmmmmmmmmmmmK
If You Are in Need of a Board oral
5= Load of Lumber see the 3
E We can sell you at a lower price 3
E than any other yard. All that 3
we ask is that you will call and 3
give us an opportunity to con- 3
vince you. i ^f
I PRINCETON LUMBER CO.
& GEO. A. COATES, Hanager 3
^iiaiuiiiiaiuiiiiiiiiiuiuaaiiitiuiiiiiiiiuuuiiiiiiiiiuuiiu^
Florsheim Shoes
The Princeton Boot and Shoe Man
Farm Loans I
Farm Lands
V^7E are sole agents for the Florsheim
Shoe in this town. Any man who
puts his money into a $4.50 or $5.00 Flors
heim Shoe need not wonder if he will get it
out again. This shoe never disappointed a
wearer. We have also the
Buster Brown Shoe
for children, and many other good brands.
Come in and see for yourselves.
Yours truly,
M-tfr4"SfrM' 1' iM"l"M'
Solomon Long
i
4
v%%va
Banking Business
Interest Paid on Time Deposits.
Security State Bank
J. SKAHEN.
Cashier.
hfrM"l'4"8"i"M'*
-1

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