The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1906-11-23
NATIONAL POLITICS As
SEEN FROM WASHINGTON

at the polls. Secretary Taft hastened
far out to Idaho and probably saved
that state from electing Democratic
governor.
THE PRESIDENTS PLANS.
The President Is now able to proceed
with his plans for Legislation ana Tor
execution. He wants an income tax
law and he wants to prosecute the
trusts more vigorously than ever De-
fore. He Views the election as a warn
/ ing that the people are disposed to
trust him little longer to put the
trusts out of business. II he can not
do SO by the careful, thoroughgoing
methods. as free from radicalism as
possible, the people are likely 10 turn
to the more drastic methods which
will be within their power In two years
from now.
I So before he departed for his trip 10
Panama. the President passed the word
ia Attorney General Moody to file thal
suit for al, Injunction against the
Standard Oil Company under the Sher-
man antitrust law. 1t Will be before
tho courts for action within a week or
two and battle royal will be on. The
best lawyers the Standard could hire
have built up the great trust during
o period of forty years. me pest
lawyers at the Presidents command
will try to tear 1t down. but without
unduly disturbing business. The gov
eminent lost the beef trust cases. but
II won the Northern Securities case.
The latter was regarded as distinct
aIthnIIRh II has
been claimed, and probably correctly,
that II was a fruitless victory. the
Burlington. Northern Pacific and Great
Northern railroads are doing In enect
the same things that were pronounced
unlawful for the Northern securities
holding company to do. 81
Because Of the futility of the North
ern Securities and the Beef Trust pros
| ecutions. the government has been ex-
ercising special care in preparing for
! the Standard Oil prosecution; The At
/ torney General has been in doubt right
ND to the last moment whether to APP
ply for an injunction to tear the ten
tacles from the oil octopus or to insti-
tute criminal prosecution. The legal
battle over the case will be one for
giants and will probably last Tor two
or three years. Gtt.e.
But whether the antitrust suits all
break down and the arduous work of
the Attorney Generals office for the
last seven years amounts to anything
| or not in actually breaking up the bad
trusts, there is no question that the
prosecutions indirectly have had
splendid and far-reaching effect upon
the business of the country. Transac-
tons of probable criminal character
that were thought little Of five years
ago and were of frequent occurrence,
are entirely tabooed now in the BUSH
ness world. The possibility that such
transactions will get men into legal
difficulties Is sufficient reason for avoid
ing them.
A prominent New York lawyer, who
visited the Department Of Justice with
in the past week, emphasized the eff
fects of the antitrust prosecutions as
far reaching almost every week
day" said he, "clients come into my
office with propositions which would
have favored a few years ago, but
which 1 now advise them against"
The Presidents fervent hope un-
uoup'e"iy 10 w SorieSt 'he trust Owns
py MS own fnethoas so enectiVeIy that
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