Show IS So Considers Concentration of Industrial lotter Hadley of Yale a leadIng American authority on railroads speaking at New Haven Hann Canto Conn lat last night on control of industrial activity said The growth or of large larre corporations and the increasing consolidation or of In every eln form of Industrial en e has brought to the front no nov novas ItS as never before beCore that tl Dart rt of cit the mues lion tion of oe m which relates to the tho relations goVernment and In enterprise o Whatever Is adopted the tho management will be In the hands of the fan fo It I h necessary for tor the successful conduct of oC modern industry that It I bo be in this way 1 These i few lew men In whom power DOwer Is art are likely to be the same ame whether the industry bo be held In the name ot of a 4 nto ato or In the name of time the community The Th same quail tics which command In business tend to command eusa A In politics also Much of the complaint with rel regard r to the effect of the money power In Is but a confession of the tho ot of this tact fact It Is 19 saId that state roll roads will not have hae to pay the tho profits that are now distributed dt b bt private railroads d nut lint what does this moon mean The StAte ts railroads for Cor noth nothIng I Ing No It IL must borrow mon money to pay for tor them Th attempt to cato them without pay would not only bo be but would he des destructive I or of all social order On the money thus thul burrowed It must pay In interest terest The railroads oC cit the countrY nt at present taking good years mind bad years together are not earning more than three per ocr cent Should the government therefore borrow money at atI ater I per er cent It would simply mean that the saute amount of money would be distributed by government agents to holders of government stocks and bonds 1 A large part or of the difficulty about trusts ot at the present day dllY lIo lies In the fact that We e are arc trying to carry Into nn an age ng or of combination the morals and the law developed In II a time of oC free corn com petition We leave the producer tree free to tomake snake make what prices he likes because we that a failure to do so 10 wilt will evoke n a competitor In some cases caes this process is III so slow that some or orall orall all of the consumers ruined before the cure has time to work Itself out |