American literature -- Periodicals; Literature -- Periodicals
Very well. Now, if you say to one side of that equation, "You may
make the value or the price of this iron by your combination for
wages in the whole Republic or on the continent, but the man for
whom you have made the iron shall not arrange with his neighbors
as to the price they will sell it for, so as not to destroy each
other," the whole business will certainly break, because the
connection between the plant, as I will call it for short, and
the labor that works that plant, is one that no legislation and
no force in the world--and there is only one outside of the world
that can do it--can possibly separate. They cannot be divorced.
Neither speeches nor laws nor judgments of courts nor anything
else can change it, and therefore I say that to provide on one
side of that equation that there may be combination and on the
other side that there shall not, is contrary to the very inherent
principle upon which such business must depend. If we are to have
equality, as we ought to have, if the combination on the one side
is to be prohibited, the combination on the other side must be
prohibited, or there will be certain destruction in the end....
On the one side you say that it is a crime and on the other side
you say it is a valuable and proper under-taking. That will
not do, Mr. President. You can not get on in that way. It is
impossible to separate them; and the principle of it therefore is
that if one side, no matter which it is, is authorized to combine,
the other side must be authorized to combine, or the thing will
break and there will be universal bankruptcy. That is what it will
come to.
[Illustration: SENATOR GEORGE F. EDMUNDS, GENERALLY REGARDED AS ONE OF
THE GREATEST CONSTITUTIONAL LAWYERS OF HIS TIME. THE SHERMAN ACT, AS
IT STANDS AT PRESENT, IS VERY LARGELY HIS WORK]
Public-domain text, read in full here on John Shaqi.
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