The Tucson citizen., 1901-12-19
DEPARTMENT
THE TRUSTS SATISFIED.

Roosevelt's action in keeping Knox
In his Cabinet as Attorney General
was a surrender to the trusts. Every
utterance of Mr. Roosevelt since he
became President has been satisfactory
to the trusts. The prediction OF The
Citizen that Roosevelt's message, In
it's treatment of trusts, would be en-
tirely satisfactory to the trusts is
verified by the enthusiastic reception
accorded II by Henry Clews, the
mouth piece of Wall street We are
indebted to Mr. Ciews for a weekly
contribution from his pen. 1t Is an
inheritance from the old Republican
days of The Citizen. but Ii good food
for reflection. There Is no evasion
about the remarks OF Mr.. Clews. He
talks right to the point and tells what
Wall street wants as follows:
Those who anticipated strenuous"
message from President Rooseveltwere
disappointed. The Presidents frst
message was a calm and conservative
document. entire.y free OF radical or
demagogical features. While his
treatment Of disputed questions could
not be expected to please everybody
all agreed that Ais recommendations
were strictly within the limits of
safety The financial community was
chiefly interested in his utterances re-
garding trusts These he treated In a
frank. judicial and temperate spirit;
and his ideas upon publicity. needless
10 say, met with universal approval
II such Legislation "a he suggests were
now in force Wall street would be
free today from one of its worst un-
certainties. and Amalgamated copper
would not be the scapegoat of the
market. Many of the trust evils
would be self-corrective under rea-
sonable publicity.
1t is mainly question of the mar
ket." Regulate the management OF
trusts so that the stock gamblers will
have an opportunity to understand
their condition. and Wan street will
be satisfied. Publicity" will do that.
and publicity is all that President
Roosevelt recommends. No inter
ference with their monopoly OF mar
kets. their governmental favors, their
arbitrary control of prices, their pow
er over wages, their securing of dis
eliminating freight rates, or any other
nf l.
would be interfering with business. '
and Mr. Clews says:
The Presidents attitude toward the
vast business interests of the country
is an earnest OF sound Judgment and
thorough understanding The inter
ests OF labor and capital have anke
and equally been considered. The
policy OF publicity In regard to the
affairs of so-called trusts is a very
salutary recommendation which mist
carry with IL the opinion ~ all fair
minded men. Tariff modification Ia
very wisely confined principally to he
lines of reciprocity. In fact the entire
message may be said to be a guarantee
of stability and harmony in govern
mental and foreign affairs. ard hence
a promise OF continued prosperity
The executive and Legislative brahche',
OF the government II Is quite clear from
the message. are to act In harmony
not discord. which is most crafty
ing assurance to the business Inter
ests of the country.
We wonder II the hundreds of
wholesale and retail merchants who
daily submit to the regulations AMI
exactions of trusts really believe that
they constitute the business inter
ests' of the country? And will the
vast army OF consumers who da ~
pay the taxes demanded. by the trusts
be better satisfied to know more ac-
curately what they are paying? Pub
licity is not remedy, 1t is merely a
step toward ascertaining how to ap-
ply remedy.