Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1907-12-12

He recalled Mr.. Havemeyers state
ment before the Industrial commission
| that the tariff is the mother of trusts"
Under the operation of this system
! of government" he said, ''51 men in
the United States, multi-millionares.
| if You please, have amassed a total
fortune of 1926, 100000. OF this 81. John
ID. Rockefeller, the oil king Of the
world, leads with $500, 100000 Andrew
Carnegie. the steel king of the world,
follows with half this amount"
Inc secretary of commerce and labor
had calculated. he said, all the property
owned by S9.00O,01o American citizens is
sio1 .0M. 100000, so that these 81 citizens cwn
1-;5 of the entire wealth of the nItiOn.
What an alarming concentration of
wealth; what an alarming concentration
of power, he declared. In This day and
time. money is king; money is God. How
| shall this condition be changedo How
| shall this government be saved? One
way and one way only. that is TO KILL
destroy, annihilate the source of all this
| cvi-the trusts"
He said his bill would nOt permit cor
porations to sell their products in one
part of the country at a less price than
they sell such products in another part.
! What is needed today by the trust
maSnates of this Union in order to make
them respect the law and obey its sol
epn mandates" he said is that they be
treated like ordinary felons; is that the
strong arm of the law he laid against
| them Just as it would be against a horse
! thief or anyone else charged with crime
Land them in the Eententiary. place
felons' striTeS, the DOXology of mis-
spent life upon them. and You Will see
the trusts are busted and the people will
get relief. All, sir one trust magnate in
the penitentiary o. the United States. one
trust magnate with felOn'S stripes, one
trust magnate a living exarlple and
object lesson that the law is greater than
any man, that the law is above and be-
yond MS all, that the law protects the
weak and Furnishes the strong alike. would
be the most wholesome example that
could be set in this republic today"
He declared that while he is an alarm
list lie is not an Anarchist or a Socialist.
There is too much gold,' he declared ;
there is too much glitter; there is too
much of tinsel, and l say. sir, that I'M
less times and conditions change it will
not be long before the American states
men will be wearing knee brooches with
brass knuckles and powdered wigs and
bowling down to semi royalty"
He spoke of the great expenses Of the
government.
"Our President" he said. and I speak
of him in the most respectful terms. be-
sides his salary of $4,000 a year. and
say that is not excessive, is paid by this
Congress $1,000 & year for travelling ex-
penses and approximately S113.0c0 annual
" for living expenses. All, Mr.. Presi-
dent. this is enormous. This is unreason-
able The President Of the United States
has five children. | believe. 1t is true
that he should live in accordance with
the dignity Of the position which he oc-
cupicS-the greatest executive upon the
face of the earth-tut, MI President, i
have the President skinned city block
in tbs matter Of family. l have eight
children and it don't take SI1S.O0o for my
living expenses. No. sir the greatest
President that ever lived upon this earth
that was ever inaugurated in this capital
in nv judgment. was OLD Blue Jeans
Old Hickory jackson. who rode his horse
! to the " hite House dressed in a suit OF
blue iadns.'
| He denounced stock gambling and said
he would DO away with gambling in cot
ton. grain and the necessities Of life.
CIr Davis concluded his remarks at ;
| o'clock