| Show C aD I DANGER IN TRUSTS TRUS rs They Threaten Individual Independence ence ernie of Thought and Action Andrew Carnegie points out in the lAty Century the public benefits of commercial trusts and an editorial in the same number num r indicates their dan danger danger danger ger gerThe The trust question has two one material and the other moral If It we were able to separate these aspects as completely and look at the material m I I side olde alone there can be little doubt that we should find the merits of com corn of capital far outweighing its evils It has haa often been shown and never more cogently than In Mr Car Carn n es article in the current Century how these combinations are attended at once with economy of toll toil and a d In Increase crease se of production how the rain aun n which results from this change is not monopolized in a few hand but is uie ULC masses 01 of rae t ie e I people how the effort on the part vart of I the promoters of such combinations to keep the gain to themselves instead of I thus distributing it h results in failure and how howe in all probability the chief lose lees from trusts falls not on those who have dealings with them but on the deluded investors who ho suffer suler from such misjudged efforts But there is another side lide to this whole question We have to consider con der not merely the aggregate effect on the ff nf fl th n nn hr l 1 effect fi t on tle the 1 comfort t of d tl I classa but the effect on American ideas and institutions Our social or der del is based on the principle that we I should try to give every man a fair fai fairchance fairchance chance We strive above nil all things cite to secure independence of thought thou ht and action We should rate very low a community which in providing Its members with comfort failed to Di ore Divide vide them also with public We Weare Were Weare are re far from realizing all our ideals in actual practice Yet we have haYe com come n nearer arel to their realization than any other people in the world and we can cannot cannot cannot not but regard with grave distrust from front the standpoint of national devel development development development an industrial indu change which threatens to crowd ue us away from such realization realisation It will not do to Ignore the material prosperity which hen has been attendant t upon combination of capital and the difficulty of securing this prosperity in any other way But it is necessary to accentuate the fact that there are other things besides material prosper prosperity prosperity ity to be taken into account and that I the tire nation which first learns to com corn combine combine bine a higher degree of individual in independence Independence independence dependence with the same or the same advance in collective wealth will ill take the lead in the indus industrial in industrial us trial race which the different peoples of ot ottile the tile world are now so closely contesting I lID It |
