Salt Lake Tribune | 1911-06-13 | Page 6 | Chancellor Day's View

CHANCELLOR DAY'S VIEW. Chancellor Day of the Syracuse University Uni-versity is a stalwart defender of the trusts, and has got himself under public, pub-lic, condemnation, by reason of his thick-and-thin advocacy of the cause of the trusts, without discrimination, unci without, any palliation of his views as against those trusts which are. practically prac-tically harmless, and those which aro ruthless robbcrfc. The Chancellor on Sunday look occasion occa-sion in his baccalaureate sermon, to reil crate and emphasi.c his well-known viows on trusts, and to laud tho trusts without resorvo aud beyond reason, lie also attacked Congress as legislating legis-lating unwisely, and without the business busi-ness information that, is necessary iu order to, treat of business questions in an intelligent, manner. In this the Chancellor is on solid ground. Thero is no doubt in the world but that Congress Con-gress docs legislate without proper information in-formation and wilh luck of knowledge. Aud when Chancellor Dny dealt wi'tt-tho wi'tt-tho price of coal, ho struck a chord that vibrates lo his music in the heart of every dweller in this region. Ho said, "Men meddle with the coal business busi-ness who do not. know a lump of coal from a piece of slale, nnd you and J pay $1 or .f2 a ton moro for coal bo-.cause bo-.cause of their folly." That, is precisely what The Tribune has been saying right, along with respect re-spect to coal in this market. Formerly Former-ly wn got. lump coal in this city at $-1.50 per ton; then -when tho agitation began, the price gradually crept up lo $4.7:1, .i5.2i), f-r,o0. -5.75, and even to tho sporadic raise of $G,l!5 last, fall, an unwise railroad official thinking to take advantage of the helpjessnet..s of the people, recommending that raise as something that could be enforced. But the local coal and railroad men were opposed to it, and the price w.i.s not back to $5.7;7 per. ton. The fact3 here are a complete justification of the position of Chancellor Day upon this question; for one. we rejoice fo soo him making this matter clear to the peopje of tho East. And when ho says, further, that in tho final analysis analy-sis of things, the people must pny tho billp, the Htatoincnt is uoh a truism, that it is impossible to evade or deny either tho force or tho truth of it.