Like Snakes In Ireland

                Dr. Small Says of "Trusts"
                   that " There ain't Any."

                  _______________________

                  "TRUSTS" May BE  GOOD

                  _______________________

                  And We may Yet make them
                  the Greatest Servants of
                   the People ever Known.

                  _______________________

Dr. Albion W. Small, of the University of Chicago, opened the Good Government lecture course in the University last evening by an address on "The Meaning of Trusts. "
He prefaced his lecture by advocating the inter-migration of faculties of the western universities. Said he : " We in Chicago have hopes of Inter-University co-operation at least on the more unimportant academic affairs and after that is attained we might possibly secure co-operation in the more weightier matters of athletics"
The speaker remarked that he came from what is called the Standard Oil University, and it might be suspected bat he would feel some embarrassment in saying anything about trusts, rat the fact is that the professors of he university have no pipe line connections with the Standard Oil Trust for information.
While he stamped Prof. Henry Adams' Monograph on Trusts as not being up-to-date now, he said that there is the largest amount of wisdom in it contained in anything of the kind ever published in so condensed a form.
He quoted Beach's definition on rusts and said that the whole subject must be likened to snakes in Ireland,
" There aren't any. " In the latter part of the 80's there were trusts, but all previous trusts have re-organized as corporations, or are trying to do so. But the popular term includes all large capitalizations.
In a disinterested view of the trusts we should make sure of the term before we use it in agitations.
The trust problem is of large capitalizations and it as old as corporations.
He stated that business must decide by experiment how far large combinations are to their advantage. Politics may delay the experiment, but business has the first say, as it is not yet demonstrated that large combinations are most effective. "Before we denounce, " he said, "let us be sure of he facts so that we can put our strength where it will do the most good. What is true of one line may not be true of another. There has been no balancing of accounts."
"Today 's popular opposition to trusts is bucking against corporations. Do we want such a war? Everybody rat anarchists is in favor of the existence of corporations. Trusts get given results better than anything sight, but is what they are getting worth what is uninvolved?
Business and social problems must be solved together, There is no specific or cure at all tor trusts.
The principle is too deeply rooted.
The fundamental remedy is that light is more needed than meat ; that manhood is better than wealth.
I do not believe that it is wise for us to commit ourselves with a desire to destroy trusts, for it may be possible for us to make the trusts the greatest servants of the people that were ever known. "