The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-09-21

Roosevelt day" at the Cincinnati fall
festival broke all records of attend
ance at these annual carnivals. The
weather was threatening when the
president arrived and during the in
door receptions of the morning, but
was exceptionally pleasant for the aft
ernoon and evening demonstrations.
The Queen City never contained more
visitors in one day and never had
more enthusiastic and satisfactory hol-
iday.
The directors of the fall festival had
arranged an elaborate programme for
every hour of the day and night and
the president was ready so that none
of the events was behind time. The
president arrived on time and was on
time at all his engagements. The pres
ident was kept on his feet most of the
day and evening, except at the noon
luncheon and the evening banquets,
and even then he was engaged in dis
cussing matters Of public interest with
the guests of honor at his table. Among
the indulgences of the day was an
hour spent in sightseeing at the fall
festival. After this he was escorted to
Music hall on the exposition and de-
livered an address to an immense au-
dience.
Meeting at Nigth.
The crowd in the buildings and
grounds of the festival tonight were
like those of the afternoon. The pres
ident was greeted with loud cheering
as his carriage approached the en-
trance and when he was ecorted in the
auditorium the demonstrations con-
tinued for some time. After being well
coined officially by Mayor Julius
Fleischman and introduced, he was
greeted with such a demonstration that
the bands broke in and secured order.
Silence then prevailed until the first
mention of the trusts, when the ap-
plause broke out and continued at fire.
quent intervals. When he was speak
ing about holding corporations to the
same responsibility as individuals, he
was Interrupted by a demonstration of
approval. There was another marked
demonstration when he advocated such
a constitutional amendment as would
give national control of such corpora
ton as had outgrown the jurisdiction
of the state.
Talk on Trusts.
The president in his address said, re-
garding the trusts
"a remedy much advocated at the
moment is to take off the tariff from
all articles which are made by trusts.
To do this it will be necessary first to
define trusts. The language commonly
used by the advocates of the method
implies that they mean all articles
made by large corporations, and that
the changes in tariff are to be made
with punitive intent toward these large
corporations. OF course, If the tariff is
to be changed in order to punish them
it should be changed so as to punish
those that do ill, not merely those that
are prosperous.
eff in any case the tariff is found to
foster monopoly which does i'll, why of
course no protectionist would object
to a modification Of the tariff sufficient
to remedy the evil. But in very few
cases does the So-called trust really
monopolize the market. Take any very
big corporation which controls, say
something over half the products Of a
given industry. Surely in rearranging
the schedules affecting such a big COR
poration 1T would be necessary to con-
slider the interests Of its smaller COM
petitors, which control the remaining
part and which, being weaker, would
suffer most from any tariff designed to
punish all the producers; for, of course,
the tariff must be made light or heavy
for big and little producers alike. Fur
thermore, the products of many trusts
are unprotected and Would be entirely
unaffected by any change in the tariff,
or at most very slightly so.
This Cannot Remedy Evils.
1.-THE real evils connected with the
trusts cannot be remedied by any
change in the tariff laws. The trusts
can be damaged by depriving them Of
the benefits of a protective tariff, only
on condition of damaging all their
smaller competitors and all the wage
workers employed in the industry.
mo tariff change would help one Of
our smaller corporations, or one of our
private individuals in business, still
less one of our wage workers, as
against large corporation in the same
business. On the contrary, If it bore
heavily on the large corporations
weaker rivals, while any injurious re-
suit would of necessity be shared by
both the employer and employed in the
business concerned. The immediate
introduction of substantial free trade
in all articles manufactured by trusts,
that is, by the largest and most sue
cessful corporations, would not affect
some of the most powerful of our bust
ness combinations in the least, save by
the damage done to the general bust
ness welfare of the country; others
would undoubtedly be seriously affect
ed, but much less so than their weaker
between the capitalists and the labor
49, "a