Hattiesburg daily progress. (Hattiesburg, Miss.) 18??-1909, 1902-11-11
TEDDY WILL IGNORE
THE WARNINGS FROM WALL STREET
AND WILL MAKE
The Trusts the Leading Question in His
Message to Congress.

new OTks NV " lie IOsI
special from Washington says:
The presidents message will un-
questionably deal with the control of
the trusts and the revision of the
tariff, but the tariff question will be
snbotdinated in marked manner to
that of the trusts. The line of argu-
ment, it is understood, will be that.
until legislation can be obtained for
the enforcement of publicity in the
trusts operations, there is only one
course TO pursue, namely, to make use
of such judicial weapons as existing
statutes put into the hands the
government inquire whether any of
the industrial combinations are break
ing the laws we already have, and, if
there is reason to believe they are, to
prosecute and punish them.
Bearing this in mind, it will be
plain that the idea of making revis-
ions of the tariff the basis of cam
paign against the trusts is not on the
presidents program now. On his
familiar theory that one thing al ID
time is enough, he VIII push the trust
issue TO the front at once, the tariff
issue taking for the present a secon-
dairy place, where it can be treated
thoughtfully and with a scientific
rather than vindictive end in view.
That is the reason we would prefer to
take the first consideration of the
whole subject outside OF. congress and
refer it to a commission Of experts,
whose general conclusions, reached,
perhaps, not for another year or
eighteen months, would afford sug-
gestions or legislation then and a
basis for a permanent national and
partisan policy thereafter.
This plan, it is needless to say, is
not pleasing to some of the foremost
trust magnates, and even more ener-
getic efforts have been made this year
than there were made last year to
have it before the annual message
goes to congress. Pretty broad hints
have been thrown out in Washington
that the disturbances in Wall Street
within the past week are, at least in
part, the result of manipulation with
the design of warning the president
that if he persists in his understood
purpose he will have some terrible
disasters charged up against his
record. No argument ON this line,
and no events in apparent corrobora-
ton of it, have moved him in the
least. Their only effort has been to
make him set his teeth the tighter,
and assure all who have discussed the
matter with him that if anything
more than his own reason and moral
promptings had been necessary to ctte
vince him that his course was right,
he has the necessary proof now.
From the political point of view,
the effect of the presidents policy
will be to sOlidify the northwest in
support of the administration, though
his partisan counsellors admit that
they may have to forego New York as
a favorable factor. Some of the pro-
fessional politicians are already figur-
ing on a campaign cry for 1904, for
which the burden will be: THE
transfer of the seat Of government
ON Wall Street to Washington. - In
this line of activity the president is
taking no part, even to the extent Of
nodding his encouragement. He
asserts that he has all he can attend
to in doing the things that lie before
him without estimating their proba-
BILE or possible results.