The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-08-21
AND NATIONAL ropes OF CURRENT INTEREST,"

peculiar policy of the Senate is certainly playing into the bands
Of the Democrats and allowing them to put the other fellows
on the defensive.
Why should the Senate wait upon the convenience of the.
House? Why not get together to finish up the public bust
ness on hand and put it up to the House to meet without
further delay and do its work ? The Senate's excuse for de-
LAY some time ago was that the Public Utilities Bill wasn't
ready. That surely isn't the case now; if it is the job should
Ibe turned over to a competent lawyer and he would do it in
a few days.
Secretary Taft described very tersely in two sentences just
what President Roosevelt is and is not trying to do, and they
are worth memorzing:
cit is Nor true that the President is engaged in a raid
against all corporations. 1t is not true that he proposes to rip
up past transactions when by reason of the injury to innocent
purchasers such a course would do more injustice than good.
His only policy, and sworn duty, is to prosecute, with the
fullest vieor, the corporations and individuals whose fragrant
violations of the laws make it necessary to do $ in order that
complete reform may be effected in our business methods with
respect to the evils which 1 have described"
President Rooseve1t's a@ailants would have II believe that
our national prosperity depends on corporate dishonesty and that
those who would stop the rasca1iy and punish the rascals are
public enemies
Every stock gambler who has lost money in the recent
sumps in Wall Street is against President Roosevelt, although
not one of them is willing to admit that he favors a continu
|ance of the rebatng, overcapta1izahon and stock Juggling evils
against which the President has been battling.
Among Republicans the opposition to Secretary Taft's Presi-
dental aspirations are confined to these classes:
All who are hostile to the Roosevelt policies and their
continuance.
The StandpaHers who hold the Tariff schedules to be as
sacred as the Decalogue and as far above alteration o amend
ment.
In dealing with the Tariff we may learn something from
our Australian friends who are doing more in the way of
original and democratic legislation than any other people in the
world. Our plan heretofore has been to protect the manu-
1--:.1f H. - ..--o~ 20 orofaofI
themselves. The Australians regard that policy as lopsded and
they ire now discussing a Parliamentary bill to put all classes
on an equality. This measure names the maximum price att
which the protected manufacturer may sell his product and pro-
lection to the latter is contingent upon him paying Trade
Union wages.
The New York Times" is presumed to be speaking au-
thorhaively when it makes these remarks concerning certain
Wall Street interests:
the conditions Of disturbance which are familiar to our readers.
dustrial, corporation, and the newspapers are full Of similar
cases, actual or apprehended. Neither is it our observation
On the contrary, they are in ,I high glse' and will be 1IssIha
mo yn'f for Af food d. and clothes. III Then ~ they will cover their
"shots, . in confident anticipation that Legislatures will be less
Of their he jobs 'p there re fewer jobs than workers, It is
just as well to get these matters right. If this is not right
then events will take a course different from that indicated by
experience.
Such is certainly the wish and the hope of the Wall Street
manipulators. They have been trying to create a panic for two
reasons:
To help their own enrichment by being able to buy stocks
at less than their true value.
To drive the masses of the people, through industrial dis
hess, into a reputation of Roosevelt and his policies, SO that
the System may resume, unchecked, its lawless methods. And
they think that trade depression would make the masses more
humble and less prone to criticize their "betters."
What will Republican campaign orators say when they are
asked why fahhes, unfit, negligent and incompetent men have
been allowed to remain in the States service? Will they de-
fend the retention of those men ? If not, on whom will they
TRY to shoulder the responsibility !?
When the Assembly Investigating Committee gets around to
the Railway Refmmatory contracts there may be some interesting