The Canton times., 1902-09-05
TRUSTS AND MONRl[|N|
The London Press Discussi,, ),
utferanees Of President Ro,s.. :
velt In New England.
ADMIRE his COURAGE and BoI nv.,,

'T''>uvs |
They Hesitate However, tn p
the Result ON His Po,,.,
ture-The Trust Que,,,o. "
Epoeh-Makins Issue in America.
Politics. eaa
London, Aug. 29.-Presiden+ D.
velt's declarations on trusts .na ~
Monroe doctrine are both suh;... W
extensive comments in the Iona.
press. Discussion of the former w..
ter centers less upon the int,ns;
merits of the trust question than :.
on the outcome of the pres;d....,
struggle with the party leaders An
the newspapers express admirat;o.
OF President Roosevelt's COURAGE ona
boldness, but hesitate to predict M th.
result.
The Daily News says: "Man,
chances are on Mr.. Roosevelt, sia.
st. George goes out to meet III.
dragon and the wishes of the Who'll.
world will be with him in his fight"
The Daily Telegraph expresses III.
opinion that the trust question will
prove to be the most epoch-mskino
issue in American politics since Brv.
ans schism on silver, and saws tber.
is absolutely NO discernible limit Il
the vista of political convulsion,
vicissitudes and divisions which NAV
be the outcome thereof. While req.
ogizing the danger of the unchecked
growth of commercial combines this
paper finds 1t difficult to conceive Of
any form or process of interference
which would not'produce tramend.
GUS financial crisis and jeopardize
Americas economic supremacy. II
contends that tariff reform would. DO.
itically and economically, be the
effective way Of keeping the national
monopolies in order.
The Morning Post and the Daily
Chronicle both admit that great Brit
ain has no cause to cavil at what they
characterize as "Presidtnt Roosevelt's
modified Interpretation OF monopc
les which, plainly stated, they de.
clare to be sanctification Of the
status quo ION the American cont.
nent and by which the Post says, the
British possessions in the Americas
are to be secured by what is practic.
ally a United States guarantee. The
Post expresses the hope that Presi.
dent Roosevelt's declaration fore
shadows the acceptance by the Unit
ed States of its responsibilities for
the keeping of better order in the
South American republics"
The Chronicle thinks the matter
wears different aspect to the con
tinental powers, who see in South
America the last and the most tempt
ing field for COLLATION. and for new
markets. This paper doubts, however,
whether any power will risk the tre-
mendous chances of war with the
United States, be the prize ever so Sc
ductive.
"One thing seems clear" says the
Chronicle, IF Monroeism is ever Sc
Yiously challenged it will be soon.
The United States appears to realize
this, and is building a feet to defend
the doctrine.
THE Times says it believes Presl-
dent Roosevelt has reasserted Monro
ism in a more distinct and definite
form than it has been presented 10
the world by any person with author
ity to speak on the subject since the
policy the doctrine represents came
into being, and says:
"As Monroeism is defined by Presi'
dent Roosevelt, in strict conformity
indeed with its original conception
and objects, it is a policy to wnisn
Great Britain has no right to take
and which we have no IN :
terest in obstructing, and, at INV
same time we have no reason 10 ov
iect to. the. protest Of the um'eo
States against the acquisition OF new
territorial rights in North or Sou'p
America by any of the European pow
ers. That is not principle OF in.el
national law, but question 10 poilc''
and one upon which every govern
ment has an indisputable claim y
take its own line"