Postal service -- United States -- Second-class matter
All of it listened very well, but it don’t stand the wash very well. It
is matter of common knowledge that during the twenty years the Supreme
Court was industriously trying to find out what the Anti-Trust Act
and its own decisions meant, the trust organizers and promoters got
away with _more than eight billions of unearned values_--some set the
figure above fifteen billions. The Supreme Court made haste slowly in
its “deliberation,” while the respectable get-rich-quick Wallingfords
were going after the people’s money and going in high-powered cars with
the speed levers pulled clear down. No making haste slowly or duly
_prolonged_ deliberation with Wallingfords’.
Then, if one will take the trouble to glance at market quotations
of the stocks of _any_ of “those dangerous trusts” which “have been
subjected to dissolution,” he will find that they have passed through the
trying ordeal of “dissolution” without the turn of a feather. All are
smiling. Why should they not? Stock quotations show that Standard Oil
is over $250,000,000 better off than before its _deliberated_ judicial
dissolution. The Tobacco Wallingfords are also many millions ahead of
the game since “dissolution” set in. And “Sugar”--well since the Sugar
Trust was “busted” and subjected to the “dissolution” process nearly
all its controlled saccharine matter appears to be trickling into its
bank account. Similar “most dangerous trusts” show similar evidences of
“dissolution” since the Supreme Court processed them.
What has this to do with our immediate subject? Nothing whatever. It is
a mere interpolation--with a purpose. Its purpose is to evidence what
appears to be a practiced habit with our President--a florescence or
foliation similar to that displayed in the quotation I have made from his
Washington Day Message. In the quoted paragraph, the reader will observe
that he first says the Hughes Commission was “without data to determine
the cost” of certain very important factors in the aggregate expense of
handling and transporting the mails, and then he immediately proceeds
to inform us that the Commission finds that the “cost of handling and
carriage of paid-at-the-pound rate matter was about 6 cents a pound,”
etc.--a virtual impeachment of the Commission’s finding before the
finding is stated.
THE HUGHES COMMISSION.
What little space permits me to say of the report of the Hughes
Commission may as well be said here.
Public-domain text, read in full here on John Shaqi.
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