Newspapers / Daily Tar Heel (Chapel … / April 22, 1901, edition 1 / Page 3
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The Georgia Debate. "Resolved, That the Combina tion of apital , commonly called Trusts are more injurious than ben eficial." The fifth annual inter-collegiate debate between the University of Georgia and the University of North Carolina was held in the College Chapel at Athens Ga., and was hot ly contested. The Audience present was in thorough sympathy with the deba ters. We are confident that our boys supported the Institution which they were privileged to rep resent. They were masters of their subject and they showed ex cellent training and a great deal of study. The points were presented in a clear, forcible manner and were brought out with powerful and brilliant effect. The examples quo ted and authorities cited were of the best, and the Universit7 of North Carolina is indeed proud of such worthy representatives who have so nobly upheld not only their Alma Mater, but their native state. The debate was opened by Mr. E. A. Goodrich for Georgia in de fending the affirmative. Mr. Good rich made strong points and forcible arguments and presented bis side unusually well. Mr. D. P.Stern of North Caroli na, followed for the negative. Among the points brought out by him were the following. In survey ing the greatness of our age caused by invention and perfection of ma chinery, facilities for transporta tion and communication. To sup ply the world's great demands, or ganizations are sbsolutely necessary The business man has found out that his true interest does not lie in ,1 opposition, but in combination. He s owed how inequalities of demand and supply either results in a panic or in industrial combination. The trusts are caused by our foreign trade, by the magnitude of modern business, by overproduction and by excessive competition. Trust does not differ in character from the cor poration that has preceded it. The trust owing to certaiu economics in herent in its Nature produces and distributes cheapest, the consumer ets the benefit of these economics in low prices, the very life of the trust depends upon this fact. This increased consumption means more labor and that means increased wa ges. They produce cheapest on ac count of 1 great specialization. 21m proved system. 3 Employment of best scientific skill. 4 Manufacture of best products. 5 An approximate regulation of supply to meet the de mand. The economics in distribu tion are: 1 Doing away with unnec essary selling force. 2 Saving of cross-country freight. 3 Improved transportation facilities. 4 Conser vatism in extension of credits Shows why trusts must keep down prices, and points out the benefits to the laborer, to the farmer, to the producer and consumer in the pros perous condition of our people to day. He points out the great im portance of wealth and pleads for the poor man that wealth may be placed in his hands, not above him. Then we can turn our. efforts and benning our energies toward the uplifting of the human race. This is the ideal condition and we favor the trust because it assists i a ac complishing this ideal condition. Mr. W. S. Mclntvi- of Georgia replied with paralyzing arguments for the affirmative, speaking for twenty-five minutes. Mr. R. R. Williams of North Carolina concluded for the Nega tive. He defined the true nature of modern competition, and denied that its practice is good. Showed the effects on the country and on the la borers and farmer, showing that agricultural products have increased since the formation ot trusts. Grea test of all the advantages enjoyed by the trusts is the elimination of financial panics whichare due to cut throat competition and are made im possible by the perfect organization of trusts. Our foreign trade is dependent on the trusts, for nothing but such a gigantic organizati n can secure this trade for us. Trusts are exactly in harmony with the principles of our social life. It creates an organization in which the masses can iuyest their money. It does not destroy indi vidual opportunity, but increases it. For greater organization always creates greater positions of honor and emolument, and every man that has secured these positions through talent alone. These conditions of combined cap ital may seem, enormous when com pared with those of one hundred years ago, yet they are no larger when compared with the transac tions of that day and this. Changed conditions have necessitated changed. methods. Hence trusts have coma Nothing strange and mechanical, bu simply a growth demanded by prog ress and they have succeeded onb because they meet the demands o progress. Individuals no longer fight indi viduals, but combinations. This is the principle of modern society. SHfiRIDAI TEACHERS' AGENCY, GREENWOOD, S. C. Thoroughly trained professional teachers and specialists wanted. Covers the entire South thoroughly, Eighth year. Established reputation, honest work, business methods, rea sonable charges. Endorsed by the leading ed ucators of the South. Write us at once. Best service to be had in the South. F. M. SHERIDAN, Manager. T. J. Creekman, Special Agent, Lynnhav en, Va. P. S. We can refer to a number of stu dents of University of North Carolina, for wnom we have secured positions. FRESH DRUGS, Sundries.Toilet Articles. Prescrip tions d. specialty. Kubanks Drug Co. Charles Pearson ARHCHITECT Mobile, Ala. - - - Raleigh, N. C. Churches, Public Buildings, and fine residences a specialty Correspondence solicited Cole & Ilolladay THE POPULAR UNIVERSITY PHOTOGRA PHERS For Senior Class of 1901, will be here to begin work Tuesday Feb. 12th. If you want high class work done be sure and see them while here. ..m m The Educational Bureau. (Established in 1891.) Has best Clientile of any Southern Agency. Operates throughout the entire South. Lo cates many University Alumni and students each year. For particulars free, CHAS. J. PARKER, Tucker Building, Raleigh, N. C. I3EE OUR U. N. C- L5 LEAr SMOKiM S TOBACCO Go R.F.M0RRIS & SON Mf'g.Co. Jffi W. M. YEARBY, Druogist and Seedsman, DURHAM. N. C. & CHAPEX, HILL, N. C Prescriptions a Specialty SELLING AGENT FOR Huyler's, Lowney's Candies Foot-ball Suits, Base-ball Outfits, and Athletic Goods, in general. Fine Line of Pipes, Tobaccos, Cigarettes, &c. Sweaters, Hats, Shirts, Col lars. Anything the Student Needs always on hand. Spalding's Goods And Bicycle Helps a Spe cialty. N C LONG & BRO. Chapel Hill Hotel! AND UNIVERSITY INN ANNEX. A new up-to-date house, with all modern improvements and newly furnished throughout. Fettee, $2.00. Special prices per week and month. Tobacco, Cig-ars, Cigarettes and Fancy Groceries in the Hotel Office W. W. PICKARD, Proprietor. W. A. SLATER CO. The leading Clothiers and Furnishers of Durham. Sell the finest line of Suits, Ties, Hats, Shoes and Shirts. In tlTLes State for ttoe Money. Samples kept at Chapel Hill the year rouLd. Call on HOLMES, and MOSS Agents. A. A. Kluttz, IS HEADQUARTERS FOR flli me books used in toe ueteiiy nod itie Gommon schools. Also Stationery and Students' Supplies I have a full line of Blair's Tablets and Note Books, Wirt's Fountain Pens and Perfection Student's Lamp's, Pratt's Astral Oil.; A COMPLETE LINE OF Men's Furnishing Goods, Taney Goods and Toi'.et Articles. Confectioneries, Fruits, Cig-ars and Tobacco, Potted Meats and Pickles. Fine Hats and Hand-made Shoes A Specialty. Having served "The Hoys" and the Public for a number of years. I am prepared to offer a line of goods unsurpassed in quality and at prices to suit the times. My Motto is: " The Best Goods for the Lowest Cash Prices. Respectfully, A. A. KLUTTZ THE UNIVERSITY OF NORTH CAROLINA. The Head of the State's Edu cational System. Three academic courses leading to Degrees. Prof essional courses in Law, Medicine and Pharmacy. Summer School for Teachers, Tuition $60. ' Scholarships and Loans to Needv. Free Tuition to Can- I didates for Ministry Minister's Sons and I Teachers. 512 students besides 161 in Summer School. 38 teachers in the faculty. For catalogues and information address F. P. VENABLE, President, Chapel Hill, N. C. GO TO Wharton.s Gallery, RALEIGH, N. C. For FIRST-CLASS, HIGH GRADE PHOTOGRAPHS. PICKARD'S Livery, Feed and Sale Stables THE FINEST, GENTLEST, . AND FLEETES1 HORSES. a. The newest, neatest and handsomest vehicles. Everything up to date. -, Polite and Exnerienced Hostlers Orders of old and new students recieve prompt attention. GEORGE C. PICKAUD & BKO. Proprietor. Dr. I. K. Carr, DENTIST. Offie over Krouheimers' Store, Sum- merfield Building. Durham, N. C International Bureau of Academic Costumes. COTRELL & LEONARD, 472-4-6-8 Broadway, Albany, N.Y. Makers of the CAPS, GOWNS and HOODS to the American Colleges and Universities. Illustrated bulletin, samples, etc. upon application. Class contracts for senior rental a specialty.
Daily Tar Heel (Chapel Hill, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 22, 1901, edition 1
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