St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-10-03
covINGTON PARISH LA SATURDAY, OCTOBER

Will you deny that is in the interest
of the consumer and in the interest of
the smaller competitors? We present
will be permitted to control more than
one-half Of the total product. 1t has
been stated that the steel company,
with your express permission, pur-
chased one of it's largest rivals and
thus obtained control of more than SO
per cent of the output. Will you in
sist that in permitting this you show
ed less favor to the nonopolistic inter-
ests than / do.in opposing you?
..'You quote at length from a speech
made by Governor Hughes, in which
he ridicules one of our antitrust rem
edies. Is this the same Gov. Hughes
who was counted as one of the al
lies, who endeavored to defeat Mr..
Taft when, as you insisted, Mr.. Taft
represented the 'reformers' of your
party, and his opponents the reaction
ary element? Did not Gov. Hughes
have the support of the New York
deleg cation in the convention, and Is
nCl New York city the home Of many
of the Republicans most conspicuous
in their connection with the law-defy-
ing corporations? You are certainly
aware Of the fact that in the state
ment tiled by George R. Sheldon, then
treasurer of the Republican State
committee, two years ago, after Mr..
Hughes election, it appears that, the
following contributions were made to
the campaign fund: J. P. Morgan,
$4,000; John D. Rockefeller, $1,000;
Andrew Carnegie, SIS, 600; Charles M.
Schwab, 1000; John w. Gates, $1,000;
w. E. Corey, $1,000; w. Nelson Crom-
we'll, 81, 900; w. F. Havemeyer, $500;
B. M. Duke, $500. Several of these
men are known to be officially con-
nected with the trusts.
"Would the fact that these gentle
men contributed to his campaign fund
strengthen or weaken his testimony
against the reasonableness of our anti
trust remedy.
You can not have failed to notice
that Gov. Hughes in his speech as
sumed the role of the critic and not OF
that of the constructive statesman.
Anyone possessing vivid imagination
and a pen can find objections to rene
dial measures. Lord Macauley is
quoted as saying that eloquent anc
learned men could find time to dispute
the law Of gravitation if there were
any advantage to be gained by it, but
when known abuses are to be cured
an ounce of remedy is worth a pound
Of fault-fnding. AS you quote from
Gov. Hughes, | take it for granted
that Mr.. Taft has not expressed him
self in a satisfactory manner on the
subject, for you would naturally pre-
fer to quote from the presidential can
didates wherever possible.
"You say: Let US repeat that nc
lawdefying corporation has any other
reason to fear from you save what it
will suffer in the general paralysis OF
business. etc. Referring to the last
part of the sentence first, / might
question your ability to act as an ex-
pert as to the panic preventiVes, since
you now have one on your hands,
but as to your charge that no law
defying corporation has reason to fear
the direct effect of the antitrust rem
edies which | favor, permit me to sug.
gest that your testimony on this sub
lSCG ID IlOt SOIlSllo1NCs l. Ou cLV q VIII
ness, to be sure, but your interest If
the result Of the election must be
taken into consideration in weighing
your testimony. There is better evi
dence.
''The trust magnates know theil
own interests and they are support
ing Judge Taft. Not one Of the trust
magnates helped to secure my nomi
| nation, while it is matter of com
mon notoriety' that they were con
spicuous in the Republican convention
and it is equally a matter of common
notoriety' that they are supporting
your party is this campaign. If yoI
will name a single official connected
with "a law-defying corporation,
monopoly or trust, who has declared
or will declare that heIsupports me
l will publicly warn him that l will
enforce against him the present Grim
nal law, and will enforce against hi m
also the laws demanded in the Demo
cratic platform as soon as these laws
can be enacted. -