The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1902-08-16

against the President. So far as its ac--
tion is concerned, whatever may be its
verbal expressions, it is against the
President and is not in sympathy with
his reform views, though it will exploit
them before the public for the purpose
Of securing an extension of power.
THE TRUSTS.
"Now what is the trust issue ?" add
ed Mr.. Newlands. "Our contention is
that the public utilities and the trans
portation facilities and the corporation
laws Of the country are being so per-
verted as to promote the formation of
immense combinations of wealth, which
on the one hand are escaping the bur-
dens OF taxation and on the other hand
are obtaining an undue proportion of
the profits Of production. The anti
trust sentiment is not hostile to wealth
as such. It recognizes the fact that
there must be inequalities of fortune.
arising from difference in ability and
opportunity. But it does seek to oblit-
crate inequality so far as the law is
concerned. and to prevent the machin-
cry of the law from being used in such
a way as to unduly promote the wealth
of the few at the expense of the many.
The antitrust sentiment is not organ
lied against lsw-abiding wealth. but
against the lawless wealth of the
conntry-the wealth which seeks ex-
emption from taxation, which seeks
special privileges; the wealth which
evades and perverts the law in order to
oppress the people.
"The Republican party has been in
power for six years. yet it has done
nothing In the way Of legislation to
meet these evils. On the contrary, it
has legislated to promote them. In the
repeal OF war revenue taxes the Demo-
cratic party stood for an endeavor TO
prevent the repeal Of the tax on the
gross receipts of the oil refneries from
which we were getting total of 81
000, 900 annually. Recognizing the fact
that all the great trusts should contrib
ute something to the federal burden,
and that the oil trust and thei sugar
trust were alone being taxed, we want
ed to perfect this tax by reducing the
percentage and extending it to all in
dustrial corporations whose gross re-
ceipts exceeded 100000 annually.
We sought in this connection, by
our amendment. to compel publicity
through public statements under oath
as to the capital, debts, operating ex>
penses, receipts, profits, wages paid,
etc., of these industrial corporations.
thus securing the very publicity for
which Mr.. Roosevelt subsequently con-
tended in his message and in his Pitts
burg speech.
| REPUBLICANS DID 1T.
"But the Republicans stood together
and repealed the tax altogether, so that
these corporations contribute nothing
to the Federal treasury and an opportu'
nifty for trustregulating was lost.
THE TRUSTS.
Later on, when the census bill was
pending in the Senate, Senator Dubois
offered an amendment providing that
the inquiry should be extended to
trusts, and that published statements
of their affairs should be made. His
amendment followed exactly the recon-
mendation which President Roosevelt
made in his message. Senator Quales,
Republican who was in charge of the
bill, appealed to Dubois to withdraw
the amendment, saying it would en-.
danger the bill; but Dubois insisted on
vote, and the Republicans lined up
against it and the Democrats for it. so
the amendment was beaten. The Re-
publican party protects the trusts. or
course, before the people, they will
quote the sayings of the President, but
when they want campaign funds from
the trusts they will point to their Con.
gressional action.
"Then the Cuban reciprocity bill
passed the House. But because it con-
tanned provision in the interests of
our own consumers as we'll as the Gu.
ban producers. by repeating the addi'
tional duty on refined sugar. which the
sugar trust wishes to be maintained,
the Republican Senate refused to re-
port the bill.
"Mr. Roosevelt had q splendid OPP
} portunity here to side with the ants
trust sentiment in both Houses and
possibly force the reporting of this bill
but he failed to avail himself of il. The
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