New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-07-26
TIE UONOPOLTSTS FRIEND.

II suits the DurpOscS OF the Presidents par
tisans to represent him as the enemy Of trusts
and syndcatcs ~ capitalists, VINO mas 'hai
lcngcd the leadership Of Mr.. Gorman the recoS
nzcd agent Of monopoliSts in III" Send'" Meas
urcd by his own professions. this would De an
accurate estimate # the President In his mes
sage Of December. lSss. in his third letter "f
acceptance and in his speeches In lNG. anu
finally in his inaugural address In lS!H he con
dcmncd repeatedly and emphaically coih'lna
tons formed for limiting production ana regl
lltng prices conspirac,cs against ia" people
which should be restrained Ivy Federal power
Ry dwelling increasingly upon the cxaciions of
"agcrcgaiionS and combinations Of business in
"tcrcSts" and by dcnouncIng what he chose to
consider tbc inequalities and injustice OF me
Protection system 10y which The rich were made
richer and The farmer ana the worSngnan
poorer. he impaired powerful impulse 10 West
crn Socialism and popular unrest. Judged by
his professions he Is what his parilsans claim
him 10 be- the sworn enemy Of trusts. syndi-
Gates Of capitalists and corporation conbina-
tonS of all kinds.
But no public man can be- measured solely by
his professions. often repeated or fcrvid aS
these NAV be in dccamatorv power. Acts speak
louder than words and denote the sincerity or
lnsinccrty of pledges This "champion of the
people against monopolisS' WAS no sooner
reelected to the Presidency than he surrounded
himself with a Cabinet recruited 10 larg" tx
tent with corporation lawyers That was a
strange beginning for Presidential candidate,
who had proclaimed war upon trusts and cap
iialistS throughout the canvass of lN:'2 but IL
was the logical outcome of Mr.. Clcvrland'S per
sonal and political associations during that
struggle He WIS The candidate of the Sugar
Trust the Whiskcy Ring. The Canadian coal
syndicate and hundreds OF similar combinations.
and the supporters who raised a tremendous
campaisn fund 10 secure his election were mill
lonarc>. Wall Street spectators ana monopo-
lists
If The sincerity Of the Presidents professions
b. tested ly his letter 10 Chairman Wilson.
corresponding results VIII be- obtained The
House had kept raw sugar on The free list AMI
dealt the Rchners' Trust "a staggering blow
The Senate had imposed high duty upon II.
AMI had adopted many cunningly devised OK
pQdicnis for protecting and cntiching The Trust
In obtrdng his opinions upon ihr Confcr"nc"
Committee what stand has The President taken
Respecting The Scnatc'S surrender 10 The Re
hncr, Monopoly He has not CONDEMNED H.
He has ardaclously condoncd A. II" has ad
miiicd Thar It IS a delicate" and Troublesome
subject. ana that II has aroused "a natural
'Dcmocralic auimosiy 10 The methods ana
"manlpullilons of trusts and combinations.
but he has also suggested that We ought not
"to be- driven away from the Democratic prn
"clplc and policy which lead 10 the taxation 81
sugar by The fear. quite likely exaggerated
That in carrying ont this principle and policy
1--WE may directly and lnprdiuatcy encourage
coordination Of sugar refining interests Sugar
stocks have been stronger ever since That letter
was published The House was against the
Trust; the Senate bad made shameful bargain
with the rcfncrs: and the President had taken
The side Of monopoly and declared that the
party In taxing sugar was lin no danger II
running counter 10 Democratic principle"
The Presidents letter was dircct bid TO the
House 10 compromise with the Senate on ilhr
basis ~ the sugar schedule and the restoration
of coal and iron 10 the free list. That Is an
cpitomc Of his letter. and II offers no warrant
whatever for The revival Of The Presidents
claims rs the enemy Of monopoisis and syndi-
Gates and the champion Of the people against
The exaclons OF capitalists Behind the move
mcni for free coat is the Whitney syndicate,
with It's extensive coal fields in Nova Scotia.
Behind the movement for free iron are the
IuraglIa and other combinations controlling rich
mining districts IN Eastern Cuba. As for the
sugar schedule. Senator Caffory wants THE
country 10 know that II was dictated by the
refining interests" and forced upon the Louisi-
ana Senators by Senators German. Bricc and
Smith; bui the Secretary of the Treasury has
been behind it from The beginning. aud The
President himself is now backing ii up and
rushing to the rescue Of monopostS in his con
tcmptiblc plea 10 the House 10 trade it off for
free coal and free iron.