New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-09-21
THE PRESIDENTS TOPIC IN
CINCINNATI.
FIRE IN BUILDING NEXT TO ONE WHERE
HE SPOKE-FORAKER'S son
AvERTS PANIC.
sc NEXT TO ONE WHERE
AvERTs PANIC.
rBr TELEGRAPH TO THE 1RIBrxE.I

ttonfns the anthracite coal trust and the Stand
ard Oil Company among the monopolies to be
brought under more rigid laws. In his arsu-
ment the President denounced the proposition TO
remedy trust evils by changing the tariff sched-
ules AS has been told in The Tribune's dis
patches from Oyster Bay, he considers the tariff
and the trusts as entirely separate questions
He praised tonight the great captains OF IN
dustry. but said that great corporations whose
actions were contrary TO best interests of the
reopIe must be broken up. This did not mean.
though that all great corporations were TO be
attacked indiscriminately because they had
large capital: only those which oppressed
There we're six thousand persons in the Music
Hall tonight on the ground floor and in two
galleries When the President said that IN or
der to control the corporations the States must
combine as the corporations have there was
loud applause When he thanked the people
for coming to hear him the audience arose to
cheer him The band played Garry Owen at
the Presidents request. and followed with My
Country TITS of Thee which the people sang
in chorus standing. The President spoke in
part follows:
To-day wish to speak to you on the suoleGt, os
group OF subjects which we @ mean wnsn S we and az
most aIways with technical inaccuracy- But the
ss5sf vnaney nn whsn all Of the " big
growth Of which has has been 80 SEFa1 ross be eor
poratons which though ORGANIZED m oae - S'aSs ie5 90
baTe a tendency TO monopoly. This whole subject
the trusts is Of vital @ TO US
Of the many problems forced upon our a,tsnsioh i
place during the last h half &c century sax n a
civilized countries and notably IN our Sot fhe5s
| Changed Industrial conditions - 49,. rs uks
these new conditions. the creation Of these new
opportunities Many admraoie 9narieIs less pro
gressive life haye to some degee s h}g 11es
complex and specialized life Of to-day But But eur eur
and Ss SsssS nsw eoncn eaTf
produced both good and evil we cannot get Tid & %
ef theand i our instant duty aeeom-
nlodate social economic ana 10 H c6n5rcp
under which shall get out Of them the & utmost
| + foolish to pride ourselves on our marvellous
progress and prosperity, upon g qgl sDd an the sans
have nothing but denunca1ion @ Ior 4, J rf men owe w
this very progress and prosperity this commanding
position
/ BY EVOLUTION. NOT REVOLUTION
to s9d gaGeGs gan Ssvsn snd
or play than subordinate part IN nosh ms by
5ad laws to bring it to ALMOST complete stop, ?,
In dealing with the pig S1If SY evolution we
wish to the facts declining 70 nave ave our % 5r
are no evils or by the dangerous folly bs OF
those gosboS Mh BUT evil in all the existing system and
who If given their way would ueS.Uy d djsasfer 70
Corporations that are handiea noieS1ag rs AL bust
Iy so far from being an eVf; f The General pros
pporatons We make them m so0serys Drivais af
pr CORPORATE must subject to the law OF 'ns
land and the 1s7s46 The VI" biggest
Ike the private ezen % ~ qfs fbe pc pe6pe 9s as
strict comRahee En me fHndamentai law The rich man
does not see that h TINS e Is MAKE m him obey the
law we insure for him the aos9iT1e bst can be-
sne & AZ tho way OF genuinely benehcent work ny
large corporations wneI NON hold over twentysix
hundred millions OF the peoples M inierest
annually @ to their depositors There is talk OF
danger from ssnS snese oFer three times the
Of our present national debt more 'h an circr,Ia1
currency, nc ,bs sod ned a stsies The chief for
their being sn No the taf Whole Gs faV G
the benefit Of all under wise avs ,,,r sc cronditon
aTsquenh1i and which prescrbe certain ne regulations
with which t9eX & nare e 20 fop the best enterprise OF
their managers within these limits ara ss highly
speciszed class of corporations Railroads and
cannot force too far tne me ansg certsig CONDITIONS
Which think down sit 70
their size haze beo9ps Cf 1S R0Tanf rGRmany
MIsCHIEvoUs REMEDIES
Before speaking however. Of what can be be q done re
certain Proposed remedies ShlS6 IN The S rs{ thing
to remember Is that II we are of,,fs ~ ieepng in
a
mind the intention 10 do aTay WIFI any tStss.Iy e
the conduct OF big corPorat,I'IS P',sts ssSauIt upon
ali forms of corporate capital as such Inc las %
ar atom our Direction 10 any given
tion must be- that It is big. but tnat II oeh-
badly. ..,o-, 60 tolerate auv proposal which
win strike at the so-calied trusts only oy
the general wellheing ,Sm II M peer ar Which most
OF us prosper somewhat. thcush ie~ t, o. 7 ~ orc
per much. or else system under we WIFI W Choose
The former A remedy much advocated az tne me- mo
e me ads a. bv trusts To this it will be necessary
first define trusts The Iansuage g,is GIf fhaf thew
mean all articles made BY large Pc nsds wfh
that the changes IN taTin are s 20 Ocorporations or
Course II the tariff is 20 be changed IN otos. ,S -
punish them it should De Snansee se mai are pros
nerous III would neither be just nor eApeslae
puhat we wish TO do is 70 protect the people TOE,
any evil that may grow out 90 ol Ine a-eorstions 40
We'll and others do m H. in any case ne tarln
foster monopoy pIS Tn1Sh Sisct 70 a. rnoaca-
zion OF the tarin sufrcient 70 remedy tne sxiL rms.
But IN very few eaSTs nsrks IeT Take any very Big
corporation which controls say ydtrn s,,rsIv Il,
hall the products os given areeting such big
corporasion IL would necessary 70 Sonsidsr ,a
interests 2, Iss nart and which. being weaker.
would suffer most from any tam .ss sr must
h made ieht or heavy for big and littie proou1,Is
alike Moreover. such t sorkmsn ana ths
saIu,s we proceeded denuncsson 70 ssso
i would be nseesssry 20 the produets o.
these .s. wo,H"s are unprosected and would ne en-
tireiy unaffected By any ~ e1anss he Standard of Com
panv Offers IN point and ,ns a,,ps s1 ofer an
hr whaSn sor there is no duty whatever on anih's
| coal 49,. ,usstion Of the tarir as
.u.n vhether from the standpoint oI ,l1svs NE In a
mental difference oetSes who believe In fres