Newspaper Page Text
THE ABIZONA REPUBLICAN
THIRTEENTH YEAR. PHOENIX. ARIZONA. WEDNESDAY MORNING, OCTOBER 15, 1902. VOL,. XIII. NO. 149. OPERATORS' PROPOSAL REMAINS UNACCEPTED A Statement by Mr. He Expresses The Miners Themselves Are Divided, a Majority Believ ing That the Plan Cannot Be Accepted in Its Pres ent Form They Are Not Sure of a Friend in Court Since President Roosevelt's Hands Are Tied in thi Making Up of the Arbitration Commission Samuel Gompers Holds the Same View. Wilkesbarre. Pa., October 14.-From a thorough canvass of the situation as It exists tonight there is every indica tion that the new arbitration plan pro posed by the presidents ol the coal companies for the ending cf the min ers' strike will not be accepted in its present form. There is a division of opinion among the strikers, but there is no doubt that a majority feel that the offer to have the president of the United States to select an arbitration commission along the lines suggested by the operators is net fair, and un duly limits' the president in making up the board. The miners, it is safe to say, will abide by . the advice of their national president, in whose judgment they have the utmost confidence. Pres ident Mitchell declines to say how he personally looks upon the proposition, but tonight he gave to the press the following statement: "I fully appreciate with what enxiety the people of our country are awaiting the end of the coal strike. The coal cperatois have not addressed the miners' union or its officers in making their public statement. It. Is therefore impossible for me to state the attitude of the miners at this time. I am now, as I always have been deeply solicitous of the interests of the public and the welfare of the mine workers who have been on strike for the past five months. A formal statement defining our posi tion and intentions will be issued just as soon as we are in possession of the full meaning erf the preposition of the operators." After giving it he was asked many questions regarding the attitude of the men and the probability o. the accept ance or rejection of the new offer, but he had no reply to make to any of these questions. lie denied that he had any knowledge what the new effer cf the operators was until it became public property, and he also denied that he was In telephonic communication with President Roosevelt. His attention was called to the fact that most of the in formation from Washington indicated that the proposition would be acccpt cdi and that the strike was near an end, but he stoutly maintained that neither his officers nor the rank and file of the men had ('one anything to cause such an impression to go out. The district presidents also maintain silence as to their personal opinion on the proposition, excepting President Fahcy, who, after he arrived from Bos ton today, gave an inkling as to how he viewed the new turn of affairs. In reply to a query he said:' "The strike cannot be settled with out the consent of the men. We are net dealing in gold bricks of any kind, and you can make any deduction from this you -Want." There will be a conference tomorrow between Mr. Mitchell, the three district presidents and Secretary-Treasurer Wilson. It is fully expected that the sentiment cf all the strikers will h known tomorrow, and that action will be taken accordingly. The rank and file of the miners view the .new pro posals in different lights. Those who are opposed to accepting the new of fer lock upon the operators' latest move as a counter proposition to Pres ident Mitchell's offer to arbitrate, made in the temporary White House at Washington. They compare the two offers and pick cut what they allege to be many flaws. Their greatest ob jection to it is that the operators dic tate to the president from what class of men he shall select the arbitrators, and they charge the operators with lack of faith in the president when they do not not give him a frea hand to pick the men he wants Another objection to it is that the president is limited to four men in se lecting a jurist on the commission. Neither are they sure, they say, that labor will be represented, because the proposal does not specifically say so, and they add they have no assurance that a "man of prominence, eminent as a sociologist," would cover this ob jection. A great many of the strikers think the proposition should be ac cepted and that the miners should trust President Roosevelt to do the best he can under the conditions laid down by the coal road presidents.' SAMUEL. GOMPERS Not Favorably Impressed by the Pro posals. Washington. October 14. President Gompers of the American Federation of Labor, with whom President Mitchell has been In constant com munication and consultation, declined all requests cf the newspapers for an expression of opinion on the proposition of the coal operators, but tonight he stated his views to the Associated Press. Mr. Gompers paid: "You can readily understand that I want to leave this whole matter in the hands of Mr. Mitchell and his col leagues. I am particularly anxious not Mitchell in Which No Opinion to say anything that might be con strued otherwise. I will say that my opinion of the proposition made by the operators at least as far as their desig nation of who should be Invited togo on the commission of arbitration is concerned Is an insult to the president of the United States. I desire that the president should use his discretion in the selection of the personnel of the commission. "By indirection it would seem from the operators proposition that the president has evil designs cn the mine owners. No one believes this. The op erators indicate what class of men should be selected for the personnel of the commission. For instance, they -ay that an experienced mining engineer, experienced in the mining of coal and ether minerals, and not In any way connected with coal minins properties, shall be one of the members. In other words, this one must be an expert miner out of a Job; this member must either have been employed in mines as an expert or must expect or hope to be employed in the future as an expert. "Another must be an eminent sociol ogist. Weil, who? Must he be a spec ulative sociologist, theorist, or what? Another member must be tome man actively participating in the mining and selling of coal, and familiar with the commercial as well as the physical part cf the business. This must cer tainly be one of the operators or 0110 of their representatives. No other man familiar with the- commercial features of the business in those fields fits that description. "In the classes of persons frcm whom the mine owners prescribe that the commission shall be selected there Is to be not a single representative of the man who diss coal, the man who works in and about the mines. ;"Now, as a matter cf fact, the en tire question of the selection and ap pointment of the commission should be left to the president of the United tates. "Mr. Mitchell has said that he would be perfectly -satisfied .with whoever the president selects. If the mine owners are to he permitted to suggest whom shall constitute the arbitration com mission, why in all fairness should it not follow that Mr. Mitchell should likewise be permitted to make sugges tions as to the personnel of the com mission? I hope that President Roose velt will decline to act upon this prop osition cf the mine owners unless he be given a free hand." THE PROPOSITION. Washington, October 14. The propo sition of the operators for an arbitra tion commission Is that it shall be con stituted as follows: "1. An officer in the engineer corps of cither the military or naval service of the United States. "2. An expert mining engineer ex perienced in mining coal and other minerals and in no way conpected with the coal mining properties, either an thracite or bituminous. "3. One cf the judges of the United States courts of the eastern districts of Pennsylvania. "4. Man of prominence eminent as a sociologist. "3. Man who by active participation in mining and selling coal Is familiar with the physical and commercial fea tures of the business. "It being the understanding that im mediately upon the constitution of such a commission. In order that Idleness and -'-production may cease instant ly, the miners will return to work and cease all Interference with and perse cution of any non-union men who are working or shall ' hereafter work. The findings of this commission Fhall fix the date when the same shall be effective, and shall govern the condi tions of employment between the re spective companies and their em ployes for a term of at least thre years." o SHEEP RECEIPTS. All Records Broken at the Kansas City Tarda. Kansas City, October 14. Official stock yard figures show that yester day's1 recoipts of sheep 13.797 broke all records. The majority of the pres ent arrivals are originating on the big ranges of Utah and New Mexico. They are coming to Kansas City by the tralnload. It is estimated that about three-fourths of them are too thin fleshed for killer buyers and are suit able only as stockers and fenders 1o ! taken back to the country and fattened on corn that Is now being harvested. Many country buyers have taken ad vantage of the ruling of low prices, and probably more sheep will be fed in Mis souri and Kansas than for a number of years. The supplies appear to be unlimited. Today over 10.000 fresh sheep were received and it was estim ated that more than 20.000 sheep were offered for sale in the pens this morn ing. o TERRITORIAL. A. O. U. W. The Opening of the Grand Lodge at Prescott. Prescott, Ariz., October 14 (Special). The third session of the grand lodge of Arizona and New Mexico A. O. U. W. was opened by Grand Master C. W. Crouse today. Representatives of near ly all lodges were present, also Past Supreme Master A. . C. Harwlck of Buffalo. N. Y. The usual reports were received, showing a net increase of membership of nearly 800 since the last session and a healthy financial condition. A grand reception is now in progress. Ad dresses and music were the principal features. o A TOWN WIPED OUT. Klamathon. Cal.. Suffers a $350,000 Loss. Ashland, Ore., October 14. The most destructive fire In the history of North ern California visited the town of Klamathon, at the crossing of the Klamath river, Siskiyou county, early this morning and wiped out the entire business portion of the place, the large saw mill, sash, door and box factory, and over 5,000.000 feet of lumber be longing to the mill of John R. Ccok & Son. The damage was about $350,000. The Southern Pacific company's sta tion, freight - houses, rolling stock and side tracks were destroyed. Most of the dwelling houses of the town which were situated on an elevation were saved, as well as one hotel on a back street. BOER RECEPTION FROWNED UPON German Gov?tt merit Careful of Brit ish Feeling. Berlin, October 14. General Botha telegraphed the reception committee that the Boer generals will arrive here cn Thursday, but as their presence is necessary in England, they must leave Berlin on Saturday. The government is discouraging the Boer reception committee i:i various ways. The police will not permit the proposed procession to pass through the Bradcnburg gate, doubtless because it is near the British embassy. The bill pqsters, who have a monop oly of the city's advertising on pillars, have broken their contract and refuse to put up any more placards advertis ing the reception to the Boers. It is intimated that the reason for this ac tion on the part of the bill posters is that they have received a secret hint from the police to cease advertising the entertainment. The government seems determined to prevent the slight est demonstration that might be con strued as o.Tonsive to Great Britain. THE GENERALS IN PARIS. Paris, October 14. The Boer generals remained at their hotel the most of the day. In the afternoon they drove around the city and went to the town hall, where they were received and welcomed by the president and other officials of the municipality. The daughter of a prominent Ameri can official who has become intimate wiih the wives of the Boer generals, was entertained today in Mrs. Botha's private drawing room, where the gen eral's wife showed the American girl three photographs; first, , General Botha's beautiful home in the Trans vaal, surrounded by trees and stock; second, a snap rhct of the house, in flames; third, the smouldering ruins of the general's home. Mrs. Botha said: "This first picture shows us before En glish civilization; the second depicts us during the process of civilization, and the third represents us after En glish civilization has been extended to us." This incident indicates the real sen timents of the Bier leaders. o TARIFF COMMISSION Milwaukee, Wis., October 14. Post master General Payne In an interview teday said the forthcoming annual message of President Roosevelt I n run. gress would probably recommend that a permanent tariff commission be ap pointed. Mr. Pavne said that the dent would probably favor a reduction or import duties upon products which no longer need protection. GRATEFUL FOR FOOD. Lived Seven Weeks on Milk. "Three years ago this month. I was a great sufferer with stomach trouble." writes Mrs. William Leigh of Prairie du Sac, Wis. "I had to give up eating meat, potatoes and sweets, and lived simply on bread and tea; finally that too had to be given up. I got so weak I could not work and I took nothing cause I think him so." That is enough milk. I had tried three doctors and all for no purpose; the last doctor advised me to stop all medicine. I had to any way. I was so weak I was prostrate in bed. A friend advised me to try Grape Nuts, but I was aTi-aid to when a tea spronful of milk brought tears to my eyes, my stomach was so raw. But I tried one tsaspoonful a day of the Grape-Nuts for one week, and finding that it agreed with me, increased the quantity. In two weeks, I could walk out to the kitchen; in four weeks I walked half a block, and today I do my own light housekeeping. I live on Grape-Nuts and know they saved my life; my people all thought I could not live a month when I com menced using them, and are very much surprised at the change in me. I am very gateful that there is such a food to be obtained for those who have weak stomachs." GAINED STRENGTH AT WICKENBURG Big Crowd Addressed by Mr. Morrison Last flight Many Democrats Will Vote for Him and It Is Predicted That That Hitherto Emu era tic Stronghold Will Give Him a Majority. Wickenburg, Ariz., October 14. The largest audler.ee ever assembled in Wickenburg greeted Robert B. -Morrison here tonight. Mr. Morrison ar rived from the north at 7 o'clock and was met at the depot by the majority of the leading citizens regardless of party and escorted to Garcia hall. More than 300 persons had assembled. Mr. Morrison was introduced by Secretary J. L. Burroughs of the republican county central committee. The ad dress was typical of the man, intelli gent, conservative and to the point. Statehood and the labor question were given considerable attention, and Mr. Morrison made many votes here by showing beyend doubt that the repub lican party had always been a friend and protector to the laboring man and his rights, and in its platform so ex pressed Itself, while the democratic party platform made no reference to organized labor and its protection. On the contrary, the republican party has always evinced a desire to see labor organized on a basis which will render its relations harmonious with capital and cause that capital to combine to flow into and develop this rich country. As to the trusts, Mr. Morrison dwelt at some length upon the laws passed by the republican legislative bodies, showing a true desire to enact careful and conservative legislation which would cover the question but not dis turb the financial conditions upon which prosperity and equal rights are founded. Mr. Morrison convinced many of the leading democrats here that the one way to get statehood was to elect a delegate in sympathy with the present administration. Wickenburg went democratic two years ago, but it is now conceded by even the democrats that Robert E. Morrison will receive a handsome ma jority here, as will also Eeveral of the county candidates. Mr. Morrison and wife left for Phoenix on the regular sduth bound passenger train; leaving more friends and advocates than ever in the richest gold camp in Arizona. CAMBON IS SORRY TO LEAVE AMERICA His Successor Will Begin His Duties With the New Year. Faris, October 14. Jules Cambon, the recently appointed ambassador cf Frr.nce to Spain, has returned here after an extended Vacation In Switzer land. He called today on Foreign Min ister Del Casse preparatory to sailing for New York on October 13. He goes to present his letter of recall to Presi dent Roosevelt and sell his personal effects at the embassy at Washington. He paid to a correspondent of the As sociated Press that he' sincerely re gretted leaving the United States, as he became a great admirer of Ameri cans, and personally would have pre ferred to remain in Washington. But official and private reasons made a change desirable. He will defer pre senting his letter of recall until after the elections in the United States. Jusserand, the French minister to Denmark, who has been appointed am bassador of France at Washington, writes from Copenhagen that he will reach his new post at the beginning of January, about the same time, that M. Cambon will assume charge of affairs at Madrid. o PIUS FUND AWARD. The Full Amount of the Claim to Be Paid in Dobles. Washington, October 14. Official news of the result of the arbitration Iri the Pius fund case was received here today from Mr. Ralston, the agent for the United States before the Hague tribunal. He simply stated that the United States' contention had been ac cepted as to the res adjudicata and the full amount of the claim allowed is to be paid in Mexican silver. The first statement Is understood to mean that the tribunal took the view that the decision of the first court which awarded the claim of the church for accrued interest did not prevent the accumulation of. Interest since that award. o FAVORS THE MANEUVERS. Topeka, Kan., October 14. Brigadier General Frederick Funston is here cn his way to Denver, where he will re gume command of the Department of the Colorado. General Funston said that the Fort Riley maneuvers were extremely valuable to the army. He thinks they should.be repeated each year. o U. J. ELECTION. No Change in the Directory or ' Management. Salt Lake, Utah, October 14. The annual meeting of the stockholders of the Union Pacific Railway company was held here today. After transacting the usual routine business the stock holders proceeded with the election of a board of directors for the ensuing year. All the present board were re-elected. Regarding the rumor that Edward Dickinson, the general manager of the road, would succeed President Burt, a prominent stockholder said ' tonight there was absolutely no truth In the re port and the executive board, which convenes In New York tomorrow, would make no changes in the present man agement. o SANTA FE CHANGES. Appointment .of a New Assistant Gen eral Manager. Topeka, Kan., October 14. E. O. Faulkner, of Topeka, has been ap pointed assistant general manager of the anta Fe In matters relating to joint facility contracts and such other matters as may be assigned to him. H. D. Teed was today appointed tele graph manager of the Gulf, Colorado and Santa Fe, with headquarters at Galveston. AN IRISH MEMBER Will Put in Three Months at Hard Labor. London, October 14. John O'Donnell, nationalist member of parliament for the south division of County Mayo, has been sentenced by the crimes act court at Birre to three months imprisonment at hard labor and to an additional three months in default of ball for good behavior. Mr. O'Donnell was convicted of intimidation and inciting to boycotting-. TYPHOON AND SEA EARTHQUAKE Yokohama, October 14. A terrible typhoon has spread disaster all over the northern part of Japan. It was accompanied by a seismic tidal wave at Odawara, which deluged the coast villages, the loss of life and property being Immense. SAVED HIS PRISONER. Of Whom a Mob Wanted to Make Fuel. Shreveport, La.. October 14. Sheriff John Spradley of Nacogdoches county, Texas, today placed in Jail here James Buchanan, the self-confessed murderer of the Hicks family, for whom a mob of eeveral thousand persons have been looking two days. In order to elude the mob the sheriff's posse was compeled to resort to many subterfuges. It is believed that the negro is safe in Jail here. Early tonight a crowd began gather ing around the parish prison in which Buchanan is held. There was no de monstration, but Sheriff Spradley spirited the negro away from the Jail and put him aboard a westbound Texas and Pacific train. .The negro Is now on the way to Rusk to be placed in thi penitentiary. o OMAHA INJUNCTION CASE. Omaha, Neb., October 14. Arguments on the application of the Union Pacific Railroad company for an injunction against the striking shopmen were con cluded today and the court tock the matter under advisement. A decision is expected in about ten days. o COMMERCIAL FINANCIAL Prospective Strike Settlement Pro moted Better Feeling New York, October 14. Over-night developments in the coal strike situa tion aroused a cheerful sentiment in Wall street today, and the opinion was expressed that the matters at issue are in a fair way of adjustment, and ad vances were general in the list. METALS. New York, October 14. Copper in the .London market was higher, the prices there advancing iOs or to f52 2s 6d for spot and 52 7s 6d for futures. Local values reflected in some measure th foreign strength, standard closing at $10.6011; electrolytic, $11.4011.50; casting, $11.35 11.45; lake, $11.5511.70. Lead was steady and unchanged here at 1c and in London at flO 15s Spelter ruled quiet and unchanged locally at 5c and at London, where the closing price was fl9 5s. Bar silver, 50c. Mexican dollars, 404c. ' GRAIN AND PROVISIONS. Chicago, October 14. Interest on the board of trade once more centered in the corn pit today, and after a weak opening the close was strong. Decem ber c higher. December wheat closed lShic lower; December oats were a shade lower, while January provisions closed uncharged to 2c lower. December wheat opened 7070c. After declining to 70c, a rebound to 714c, closed at "i0c. December corn opened at 47c to 47c, advanced to 48c and closed at 48448c. Decem ber oats closed at 31ff?31V4c, after selling between 30c and 31c. WOOL AND HIDES. Boston, October 14. The wool market here was- very strong and the trading; has been active. Territory wool was thoroughly well held, with sales of good-sized lots at full quotations. Fine staple territories,' 55G5c; strictly fine. 50(i55c; fine and fine medium, 50(g)53c; medium, 4547c. ACCOUNTANT Up-to-date, labor-saving systems of bookkeeping installed for large or small concerns; mining company books ad justed; annual closing of books ar ranged. Phoenix, Ariz. Tel. 3731. ATTORNEY GENERAL TALKS OF THE TRUSTS Mr, Knox Before the Pittsburg Cham ber of Commerce Assuming the Correctness the Trusts He Believes Congress Has Power to They Exist The Evils by a Recourse to the Other Offender Against " Pittsburg, October 14. In response to an invitation by the Chamber of Com merce of this city, Attorney General Knox delivered an address upon "The Commerce Clause of the Constitution and the Trusts." The utterance of the attorney general had been earnestly looked forward to as a pronouncement by the administration. It was his con clusion that congress has under the constitution power to deal with the trusts, and the ground is taken that legislation on that subject should grow with the growth of commercial meth ods. He said In part: "The people, by common consent, have denominated the, great industrial and other corporations now controlling many branches of commercial business, trusts. The technical accuracy of the term is unimportant, but Indeed it :s much more apt than might be supposed when it is recalled that the essential difference between the old industrial trusts and the great corporations own ing1 and controlling subsidiary ones is that in respect to the former the shares of independent corporations agreeing to act ' in harmony were lodged with a trustee who received the separate earnings and distributed them among the holders of trust certificates, while as to the latter, a corporation is creat ed to talk over the title to the stock or properties of the constituent com panies and issues its own shares as the evidence of interest in the combina tions. The corporation owner of cor porations invokes specific legal authori ty from the legislature of the state un der which is is created. "The president, in his first message to congress, said: " 'There Is a widespread, settled con viction in the minds of the American people that these trusts are, in many of their features and tendencies, hurtful to the general welfare. This springs from no spirit of envy or uncharitatJle ness. nor lack of pride in the great in dustrial achievements that have placed the country at the head of the nations struggling for commercial supremacy. It does not rest upon a lack of intelli gent appreciation of the necessity of meeting changing and changed condi tions of trade with new methods, nor upon Ignorance of the fact that combin ations of capital and effort to accom plish great things is necessary when the world's progress is demanding that great things be done. It is bottomed upon sincere conviction that combina tion and concentration, while not to be prohibited. Is to be controlled, and In my judgment this conviction is right.' "These great combinations, now num bering thousands, are the instrument alities of modern commercial activity. Their number and size alone appall no healthy American. We are accustomed to large things and to do them in a large way. We are accustomed to speak with a justifiable pride of our great Institutions and what we have fairly accomplished through them. No right thinking man desires to impair the efficiency of the great corporations as instrumentalities of national commer cial development. Because they are great and prosperous is no sufficient reason for their destruction. If that greatness and prosperity are not the result of the defiance of the national rights or recorded will of the people, there is no Just cause of complaint. THE EVILS OF TRUSTS. "That there are evils and abuses In trust promotions, purposes, organiza tions, methods, management, and ef fects none questions except those who have profited by those evils. That alt or any of these abuses are to be found in every large organization called a trust no one would assert who valued his reputation for sane judgment. "The conspicuous noxious features of trusts existent and possible are these: Overcapitalization, lack of publicity of THE PHOENIX NATIONAL BANK PHOENIX. ARIZONA. Paid-up Capital. 1100.000. Surplus and Undivided Profits. 150.000. E. B. GAGE. President. T. W. PEMBERTON, Vice Pres. H.J.MCUS6.rul L. B. LARIMER, Assistant Cashier. Steel-lined Vaults and Steel Safety Deposit Boxes. General Baaktn BuiImm Drafts issued on all principal cities of the world. Directors G. B. Richmond. R. Heyman, F. M. Murphy, . M. Ferry, E. B. Gage, T. W. Pambertom. R. N. TrmA r)fk. T,. TT. Ohnlm'Ts, Fmnk Alklr THE PRESCOTT NATIONAL BANK PRESCOTT ARIZONA. Paid-up Capital. $100,000.00. Surplus snd Undltr1ed Profits. rAM 0ft. F. M. MURPHY. President, MORRIS GOLD WATER. Vice President. R. N. FRBDERICKS, Cashier. W. C. BRANDON. Assistant Cashier. Brooklyn Chrome Steel-lined Vaults and Safe Deposit Boxes. A enerl hank Ing business transacted. Directors F. V. Murphy, E. B. Gi. Morris QldwLa John C. Herndon. F. G. Brecht, D. M. Ferry. R. N. Frdet1c. J. S. ACKER & CO. Suite 4 Union Block Prescott, Arizona Brokers in Real Estate, Mining and Mining Stocks, and information cheerfully given. of the Accusations Against That Under the Constitution Deal With Combinations as Complained of May Be Met Common Law, as May Any Society. destroy competition, insufficient per sonal responsibility of officers and di rectors for corporate management, ten dency to monopoly and lack of appre ciation In their management of their relations to the people, for whose bene fit they are permitted to exist. "Overcapitalization is the chief of these and the source from which the minor ones flow. It is the possibility of overcapitalization that furnishes the : temptations and opportunities for most of the others. Overcapitalization doe not mean large capitalization or capi talization adequate for the greatest undertakings. It is the Imposition upon an undertaking of a llabllity without a corresponding asset to repre sent it. Therefore overcapitalization is a fraud upon those who contribute the real capital either originally or by purchase, and the efforts to reallz dividends thereon from operations is a fraudulent Imposition of a burden upon the public. When a property worth a million dollars upon all the sober tests of value is capitalized at five million' and sold to the public, it is rational-10 assume that its purchasers will exert every effort to keep its earnings up K the basis of their capitalization. When the inevitable depression comes, wages must be reduced, prices enhanced, or dividends foregone. As prices are nat urally not increased but lowered in du'-l periods, it usually resolves itself Into a nuestlon of wages or dividends. "While thi -condition may exist under any circumstances, it is exaggerated by overcapitalization in the Illustrating cases five to one. The overcapitalised securities enter into the general budget of the country, are bought and sold, rise and fall, and they fluctuate be tween wider ranges, and are more sen sitive in proportion as they are further removed from intrinsic values, and. in short, are liable to be storm centers jf financial disturbances of far-reaching consequence. They also, in the same proportion increase the temptation to mismanagement and manipulation by corporate administrators. WHAT THEY MUST NOT IX . "Corporations and joint stock or other associations, depending upon any statu tory law for their existence or privileges.- trading beyond their own states, should be required to do business in every state and locality upon precisely the same terms and conditions. There should be no discrimination in prices; no preferences in service. Such cor porations serving the public as carrier and in similar capacities should be ccmpelled to keep the avenues of com merce free and open to all upon the same terms and to observe the law a to its injunctions against stifling com petition. Moreover, corporations npon which the people depend for the neces saries of life should be required to con duct their business so as regularly and reasonably to supply the public need. "They should be subject to vlsitorial supervision, and full and accurate in formation as to their operations should be made regularly at reasonable inter vals. Secrecy In the conduct and re sults cf operation is unfair to the non managing stockholders, and should, well for reasons of state, be rrchlblteJ by law. "If these serious evils were eradicate-! and a higher measure of administrative responsibility required In corporate officers, a long step would be taken toward allaying the reasonable arpre henslon that the unchecked aggression of the trusts will result in practical monopoly of the important business of the country." Having gone over the laws for th? control of combinations and cited in stances cf the exercise of controL Mr. Knox says: "If the states are a nation for om purposes, as Jefferson said, with full (Continued on Fourth rage.) Correspondence solicited.