The Montgomery advertiser., 1903-04-04

Company is about to be dissolved and that no further contest will be made.
 The above is a brief outline of the most important steps. legislative and Hdinlnis- trative. taking during the past eighteen
 months In the direction of solving 50 far as at present 1t seems practicable by na- tional legislation or administration to solve, whats4we call the trust problem. They represent a sum of very substantial achievement. They represent a success ful effort to devise and apply real reme- dies: an effort wnich so far succeeded be- cause 1t was made not only with resolute purpose and determination, but also in a spirit of common sense and justice as far removed as possible from rancor, hyste- | ria. and unworthy demagogic appeal. In be enforced. Not only Is tho legislation | recently enacted effective, but in my Judgment It was impracticable to attempt more. Nothing of value Is to be expected l from ceaseless agitation for radical and , extreme legislation. The people may wise ly. and with confidence, await the re- suits which are reasonably to be expect ed from the impartial enforcement Of the laws which have. recently been placed upon the statute books. Legislation of a general and indiscriminate character would be sure to fail, either because it would involve all Interests in a common ruin. or because 1t would not really reach any evil. We have endeavored to pro vide discriminating adaptation of the remedy to the real mischief.
 Too Drastic or Futile.
 Many of the alleged remedies advo- cated are Of the unpleasantly drastic type which seeks to destroy the disease by killing the patient. Others are so obvi- ousiy futile that 1t is somewhat difficult to treat them seriously or as being ad- yanced in good faith. High among the question by means of the tariff. You can. of course, put an end to the prosperity or the trusts by putting an end to the prosperity of the nation: but the price for such action seems high. The alterna- tive is to do exactly what has been done during the life of the Congress which has just closed-that is. to endeavor. not to destroy corporations, but to regulate them with view of doing away with whatever is of evil in them and of mak- ing them subserve tho public use. The law Is not to be administered in the in- terest or the poor man as such. nor yet in the interest of the rich as such but In the interest of the law-abiding man, rich or poor. We are no more against or ganizations of capital than against or ganizations of labor. We welcome both and shall remember it's duty to the re- public. Such a course we consider not merely benefit to the poor man, but benefit to the rich man. We do no man an injustice when we require him to obey the law. On the contrary. if he is a man whose safety and well-being depend fin peculiar degree upon the existence of the spir1t or law ana order, we are rendering him the greatest service when we require him. to be himself an exemplar of that spirit.
 Speech on Ancestry.
 This afternoon. after leaving the Sol. dier's Home the President went to the Exposition Building where he was wei comed to the city by Mayor Rose. in the presence of 10000 persons. The President responded to the Mayors welcome in a brief speech. He spoke on ancestry. Pec- pie of many nationalities were present. he said, but they came as Americans and as nothing else. Woe will beset this country" he said If we draw lines of distinction between class and class or creed and creed or along any other lines. save that which divides good citizenship from bad citizenship"
 Tt is a bad thing" said the President, for a public man not to perform what he promises.
 Every promise made in public life should be held as binding on every honest man as promises made in private life The people, however. must remember that they themselves are to blame if they ask for promises which from the nature of things cannot be kept"