Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-06-02
says The TRUSTS Won
Senator Stone Makes an Attack
on Secretary Taft's Canal
Management
JsE OF AMERICAN GOODS
Claims the Secretary Declared He
Would Not be Held Up by the Trusts
md After Making a Grand Stand
Play Gave in to the Trust Masnates
Speech in Senate.

Washington. June During the dis.
cussion of the canal purchases resolu.
ton in the senate Senator Stone said
that about a year ago the president
and the secretary of war had am
nounced that they would not be hello
UP in the purchase of materials for the
canal by American manufacturers or
American ship owners. This declara-
ton was, he said, unexpected, but was
nevertheless approved generally by the
American people as in the interests of
the general welfare, but he declared
that the special interests affected re-
sisted and won.
Promptly they organized their
forces to resist and to discipline him.
The standpatters came swarming in
| from every direction and a storm OF
/ protest was raised in every available
| quarter. The presidents courage was
put to the test, and as usual, proved
unequal to the strain. There WAS a
great laundering by him in the index
with the customary Rooseveltian tias-
co at the finish.
| ''1Nhe iron man at the white house
again proved himself to be no iron
nan at all, but only what Bismarck
once declared Salisbury to be. merely
pine lath painted the color of iron"
The president surrendered and in
stead of buying canal materials as he
avowed he would. and as he repeated
ly asserted it was his duty to do, in
the cheapest markets, he bought prac-
tically everything he purchased, 9S per
cent of the whole at a protected trust
price in America"
In support of this contention he cited
the facts in connection with the pur-
chase from the Ward line of two ships
for the canal service.
The president" he said, Opened me-
gotiations for the purchase of foreign
ships. but at the same time the batter
les of American ship builders were
opened on the president. The fight.
while it lasted, was fast and furious
In speech the president was bold and
defiant. He vowed he would protect
the treasury and the people from ex-
tortions so monstrous The papers
brave front and high resolve. He was
represented as implacable and imnlov-
able"
"Lay On, Macduff."
Lay on Macduff and damned be he |
who first cries, hold enough was the
refrain that came rafting out from the
precincts of the white house. For y |
while-a short while--it really looked |
as if the president for once at least |
would stand his ground. But, alas, our
hopes were vain: he was not equal to !
the task. He hauled down his flag and
surrendered. Instead Of buying the two
foreign ships of 5000 tons each for
$750,000, he bought two American ships
of $500 tons each for $1,30O,OOO" These
said the senator had cost origi-
nally not to exceed 100000 each, and
as they had been in service about eight
years We're worth 40 per cent less He
declared the presidents weakness" to
be costly thing for the country
And So" Mr.. Stone proceeded, 'the
cry comes over from the
white house to congress. This joint
resolution is the response congress
makes to that appeal Hereafter when
The president goes on buying trust ma
.erials at trust prices as he has been
long and would continue to do, wheth-
sr this resolution should be adopted or
lot, he can excuse himself on the
ground that congress has established
'ule for his guidance. He can shelter
himself under this resolution and UNI {
DAD his sins on congress. That is I
lbout the only possible use to which /
his resolution can be put ,
The very thing the president in the s
irst instance declared his intention to $
10 was to go abroad only in the event I
he manufacturers and ship owners of {
he United States sought to extort I'M Z
easonable prices. That was all any a
'ody could expect or desire him to do. e
lie needs no congressional authority to /
AIRY out that policy And this reso- a
ltion if adopted will not clothe him a
With any power he cannot exercise al 4
eady. I
"This resolution merely crowns the
rlumph of the trusts over the presi-
ent"
He closed with the assertion that e
ne resolution proposes to give the 7
resident club he will never use l
IT Is one of those big sticks that e
ill lie idle in his hands" il
When Mr.. Stone concluded Senator o
oraker read the testimony of Mr.. t.
honts before the interoceanic canal q
showing that the two Ward e
ne ships had been built at time n
hen material and labor were cheaper
10 that they had subsequently been
strengthened as to materially i'm. "
owe them and really make them a CT
lrgain at the price io
"