The Jasper weekly courier., 1902-07-18

reyulsion comes the democrats will
be re-instated. This prediction !
was made to your correspondent by
Senator Vest in an interview for
v arded to you July z, and the re-
suits of that interview have been lar
reaching. The truth Of the pro
phecy made a deep impression on
the republican leaders and has given
rise to the widely advertised inten-
ltion Of the President and his advis-
Iors to introduce an anti-tru't law
during the short session OF congress.
while every effort has been made to
make political capital out OF that
Intention, it is rapidly coming out
that the ext, Mt Of Mr. Roosevelts
purpose in selecting Representative
ILittlefield to draft So called "antl-
! trust" law, consists merely in
prospective effort to secure publici-
nIty as a preventative Of the present
tendency to water stock. II is held
.Iby capitalists that this over capital
!. .lization Of stock is fraught with dan
ger to the prosperity Of the country,
as any sudden financial scare might
: result in immense blocks OF stock,
|, which are not representative OF le-
!. gitimate assets, being thrown on the
market, with the certainty OF dis
= astrous panic a. the result. There
','lfore Mr.. Roosevelt, while attempting
Tito mislead the country with the
oohope of genuine antitrust leglsla-
= ton. will endeavor to secure law
: which will meet with the support Of
! the capitalists and many OF the
= trusts themselves.
y What can be accomplished by
y mere publicity can be judged by the
) 'slexample of the Steel trust which has
= voluntarily made its affairs public,
LAND which unblushingly points to to
- , aggregate profits Of $64, 600, ,Ool
y during the past six months. Ac
= cording to Representative Babcock
y ,: chairman Of the Republican Con
- gressional Campaign Committee
u u the Steel trust is now taking out OF
=. the pockets OF the people VI th'
~ United States from $40, 100000 (
usi $50, 100000 more than it is entitled
81 aslto annually, and it does this by vlr
~ ~ tue of the monopoly secured to !
!" :. by the tariff OF As per cent. on II
:. :, products but, it is announced, Mr.
=, Roosevelt does not anticipate lin
NC Nc Turing the trusts by any reduction
rs =; lIof the tariff" but will simply advo
ms - cate legislation which will insur
"a publicity of their affairs.
~ J. No better opportunity was eve
~ afforded the President to demon
ou ~ strate his fair mindedness and cor
'ae sistency than is presented by ID
case OF Senator Bailey, OF Texas
a. and Judge Penfeld,, solicitor gene
on al of the State Department. 1t WI
J be remembered that case In whic
!, 1.-the Texas senator is interested WI
~ discussed v ith considerable ascerb
halty by Mr.. Bailey and Mr.. Beve
90 ~ idge, OF Indiana, during the closin
,va hours OF the session and resulted
;Gch G an unfortunate personal encount
~ ~ between the two after the Senate hs
~ ~, adjourned for the day. Subs
,ja J Iouently, Judge Penfeld, in who
~, defense Senator Beveridge had e'
s 'esss gagged, made public a statement
CO. his view Of the controversy. WIN
ect e 1.-The Judge was doubtless within b
s snL rights in making public his side
- the case, his statement was MARI
\, lby the most Incorporate languae
ia After saying that Senator Bail
&C. M had stated on the floor OF the Sc
- ate what was Sin substance al
, 95|spirit untrue,' and what he kn.
a.. ''perfectly we'll" was untrue,
!, - of fIconcludes by saying "Sena'
"a Bailey is one Of those men who
80" hunting trouble and this is SIM
one OF those spasmodic displays
,vn iasininity in which he indulges
Of a regular periods. Entirely ap
ttedlirom the merits Of the case, the i
il OtiguaRe Is lutciubOi"'O o."
, \ p.to a United States Senator acting
rep Ibis official capacity, and morrow
booll gives evidence Of vindlctiven
war and an absence Of judicial qual
al. Ications so necessary in man
/ his ling the important position occup
BY the Judge. A precedent has
ready been set by Mr.. Roose
atior him self, in his reprimand OF =
free Funston for a less offensive Q
videc ism Ct Senator Hoar, and
this \ Roosevelt can materially benefit
} and public service, inspire the respe'
| ties the people regardless OF party,
ords Iprevcnt further complications
promptly dropping the oifen.
and loficiol from the rolls OF the !
you Department
Already there have arisen Q
,ains' olications in the efforts made to
a.. = s.oatx, NTH thQ COlOm