OCR Text |
Show DEPEW ADMIRES NOT TRUSTS. Ha Saya They Wip Out the Mmoll Dealer, the l.ir,r Aluvrlcau Trade. New York Contlnnt, Tho western cracker combination has carried the war into Africa and is now lighting the New York combination combina-tion iu the latter's own bailiwick. A protracted war between two gigantic gigan-tic combinations of capital such as these is always hailed with delight by the public, for it means a largo cut in prices is expected. Tho housewarming of the invading party w as made particularly partic-ularly important by the speech of Chauueey Depew. lie spoke on trusts: "As the representative." he said, "of monopoly, concentrated capital aud all such things that the western granger fears, 1 am gli,d to meet the western gentlemen, who are getting together to improve their own condition, as they say to customers, at the expense of nobody. no-body. "It's a singular thing, this concentration concentra-tion of capital, and 1 have looked upon it witli considerable alarm. It seemed to be inevitable,, ami yet tho results seem to bo disastrous to the independence independ-ence which belonged to the American business men and gave young men a chance in business. Of course, if all tho business of tho country is going to be like the railways, combinations of great capitalists, the entire population of tho country will consist of two clas-es on the one side tho stockholders stockhold-ers of tho corporations and on tho other their employes. It wipes out that dealer who has represented the life, euergv and freedom of American trade. Hut you seem to have hit upon a plan in which you are both monopolists and free traders. You seem to have hit upon a plan whereby you preserve the individual, while yen prevent any big aggregation of capital from gobbling you up oue by one." |