The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-05-20
PRESIDENT WARNS
CRASHING TRUSTS
Canal Purchase Policy Intended
as Notice to Greedy Ameri-
can Combines.
UNJUST TAKE FEET
OUT OF THE TROUGH
Order to Buy Abroad If Neces'
sary Is Modified-Purpose
Is Served.
Bpec4al TO Tho journal.

Special to Tho journal.
Chicago, May 20.-Walter Wellman
in Washington special to the Record
Herald says: 49,.
After stirring up the biggest political
sensation Of the year with its Panama
canal policy of buying in the cheapest
market, the administration has slightly
modified it's program in the interest Of
peace.
Instead Of buying foreign. ships to
carry materials and supplies to the 18TH
mus, the government will lease vessels
abroad to tide over the present emer-
gency. If, later on, American ship
builders make advantageous PROPOSE
tions to build ships suitable for the use
of the canal commission the government
may buy at home.
Appeals by Cannon.
Speaker Cannon and other influential
men have begged the president not to
go too far with his new policy, and the
president has said he had no desire to
discriminate against American manufac-
turers or shipbuilders.
What he has insisted upon and still
insists upon is that the government
shall not be imposed upon by the trusts
under the cloak of adherence to the
American policy Of protection.
Take Feet Out Of Trough.
In speaking to friend the other day
the president said he would compel the
trusts to "take their feet out of the
trough and this is an expression that
is likely to live among the famous say
ings of Theodore Roosevelt. Probably
IL will be long time before the last
is heard Of it. One may be sure it will
be taken up in the newspapers and in
congress and in future political cam
Io VA
goes laundering down the ages
Steel Bail Pool.
It is now we'll known that the start
Of this whole rumpus was the insistence
Of the steel-rail pool upon charging the
ton, for the steel rails needed to double
track the Panama railroad - The gov
eminent wanted the export price, or $40
a ton, and the indications today are
that the rail pool has weakened and vii
sell at the lower figure.
IF the managers of the pool had been
wise, they would have "come down
the bear-hunter of the Rockies to shoot
Had they done SO, they would have
saved the republican party the liveliest
shaking up it has had in many moons
Gan Appeal to Public, w.. St.
The president wants the reacJ10naTles
10 realize that there is a. progressivt
force In the intelligent public, opinion Of
this country to which he may at any
time appeal, and not in vain, and tina
it behooves them to be q little careful
how in their stubbornness they pusl
him to the last resort. But, Of course
the president does not want to hav'
the policy of buying in the cheapes
market carried to such an extreme a
Oh r. oil va
Of capital, production and manufactur
ing which have been educated to be
lieve that the Unite States, it's govern
ment and it's people, are, their. particu
lar oyster, and which no foreign com
petitor has any right to try to crack
If this was what the president had i
mind, he has succeeded very well: H
has stirred up the progressive sentimen
Of the country. He has aroused fee
ing which may make it very Difficult
for the standpatters to hold out agains
him next winter.