The Magnolia gazette. [volume] (Magnolia, Miss.) 1872-current, 1899-04-01
WASHINGTON LETTER.
ATTORNEY GENERAL GRiddS--
TRUST LETTER.
Senator Stewart Thinks Bryan
Did Right to Refuse Belmont's
Invitation.

taken place during the present
administration as is now raging
around the head of Attorney
General Griggs. It's all about a
letter that Griggs wrote about
trusts, containing opinions that
the remainder of the administra-
ton are afraid to stand for. Some
of his fellow members of the cab
met have said few things to
Griggs, but it is understood that
their remarks will be entirely
forgotten when Mr.. Mckinley
returns and empties the walls of
his wrath on him. Some of the
administration hangers-on say
that Griggs was buncoed into
writing the letter by his corre-
spondent, who asked for the in
formation. stating that he was a
republican, and that he would
not have written it had he sup
posed it would be published.
OF course, everybody knew that
the administr alton was not un-
friendly to the trusts, with which
Boss Hanna has such close busi-
ness relations, but, in deierence
to voters who do not share in the
profits of the trusts, it has been
understood by those who are
close to the throne that an anti
trust plank was to be inserted in
the next republican platform,
meaningless of course, to head
off the democratic claim that the
republicans are responsible for
ali the trusts. Mr.. .Griggs must
have known this. Yet, he wrote
as follows, to a correspondent
unknown to him personally, con-
cerning trusts; As matter Of
fact, all Of the companies which
you refer to as now organizing
for the purpose of securing com
plete or partial monopoly of diff
ferent branches of manufacture,
are similar to the sugar combi-
nation, and are not within the
jurisdiction of the federal courts.
If amenable to any law they are
amenable TO the laws of the re-
spective states. = But the fol-
lowing was the gem of the letter ;
s'With reference to these large
combinations of capital, which
are now forming, my own judg-
ment is that the danger is not Sc
much to the community at large
as it is to the people who are in
duced to put their money into
the purchase Of the stock.
There is nothing in this situation
to make democrats mad. but q
prominent republican, after 6
number OF unprintable things,
said: tThe attorney general has
gratuitously made the announce.
ment that the government j:
powerless to prevent or regulate
the formation of combinations o
capital to control the manufac.
ture OF the necessaries Of life
and he winds up this remarkable
statement with flippant remarI
about the danger of investing il
trust stocks. Mr.. Griggs is il
fair way to become a seconc
Burchard to the republican par
ty.
Senator Stewart, of Nevada
who never minces words whel
he expresses an opinion, said o
Col. Bryan's refusal to atten,
the Belmont Jefferson banquet
bryan made the hit Of his ca
reer when he refused to atten
the Belmont $40 dinner. Not on
OF the crowd would ever vote tn
democratic ticket anyhow. Bry
ans position brings him close
to the people. Consorting wit
renegades would estrange ther
from him. He will certainly b
renominated in 1900. The Chic
ago platform will be re- affirmed
and the democracy will win. -
The heavy price Of America
life and blood paid for our ne'
victories over the Filipinos in th
heavy fighting of the last thre
days, in consequence OF tn
movement Of Gen. Otis agains
Aguinaldo, adds interest to thi
plain talk from Senator Mason
who is now in Washington. .
find," said Senator Mason, -
pronounced change Of sentimer
among men with whom l talk
Substantial business men VIII
three months ago were red he
for expansion, now say the
have had anouoh of H. AZ