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Show A MODEL F8R TRUSTS, James J Hill, w ho Is the preat figure, of the railway world, has been emitting some opinions about trusts. He says that a great many Of them are the product of promoters who Whitewash them over and then "Issue great sheaves of stock" for the public There has not been much practical experience with trusts In Utah. The principal one with which we have concern con-cern within this State is the sugar trust. But if one of the "grubbers" can afford any substantiation of the remarks Of Mr. Hill, the sugar monopoly monop-oly In Utah Is at his command In that respect. After being established through the State pride, the loyalty and the generosity gen-erosity of the people in general. It began be-gan to earn enormous cash dividends such large dividends that, to cover the fact from public knowledge, stock dividends were Issued to Increase the apparent capitalization. Still the dividends divi-dends grew; und It became necessary to inaugurate other methods to conceal con-ceal from the farmer the reason why he could not get a better price for his beets, and to hide from the sugar consumer con-sumer why he should not pay a less price for his purchase. At this stage the sugar company "Issued gnit sheaves of stock," as Mr. 11111 would call the transaction, and sold half of the fraudulent Issue to the National Sugar trust; and upon this total It till pays a big dividend with no reduction reduc-tion In the price of sugar to the consumer, con-sumer, with no Increase In the price of beets to the producer. Incidentally. the Logan Journal blames upon the National Sugar trust the difficulties In the local situation as Illustrated by the brutal course of the monopoly In Sanpete and Sevier saying that the local trust had sold half of its enlarged stock to the b Ig trust and was controlled by it In part only, the Journal Is rlt;M. In order to make a pretense to the public, In case there should be criticism, the hierarchy-controlled sugar trust In Utah reserved to Itself a temporary control of Its business In this State by stipulating stipu-lating that It should have a majority ' of the board of directors But the precaution pre-caution Is likely to do more harm than good to the local monopoly In the public esteem. It Is true, as Intimated by the Jour nal, that the local trust has sold Utah out to the general trust; but it is also true that for two years longer, or thereabouts, the lileran hy In this State can do what n pleases with the local Industry, and any act of the sugar monopoly of Utah Which Is oppressive to the people Is for the present, the direct Intentional and mercenary act ot the hierarchy ItSOlf The trust In Utah can. In one respect, re-spect, give valuable pointers to trusts elsewhere In this State the sugar monopoly, mo-nopoly, or at least Its chiefs. Insist that criticism of the individuals who constitute con-stitute Its controlling power. Is an attack at-tack upon religion. Is apostasy or persecution; per-secution; Is a denial of the Christ by denying the authority, Infallibility and Unaasallablaness of His alleged representatives repre-sentatives on earth. That Is a fine something which had never occurred to the magnates of the big trusts In the Bait, They have been doing their Jobbery In the name of Mammon. They should learn how easy It Is to oppress a people In the name of the Patient Redeemer. |