The Boise citizen. (Boise, Idaho) 1906-1910, 1909-02-26
CENSURES PRESIDENT
REPORT OF SENATE COMMITTEE DEALS With
Steel TRUST and MORGAN

Some time ago the United States appointed
to look into the absorption by the steel of its chief competitor
the Tennessee Coal and Iron company commonly
c. That committee appointed subcommittee three Repubi
and Democrats That subcommittee has completed its
legations and umbitted its report And that report Of the
most important public documents that has been written the past
dozen years 1t signed by Democrats and Republican
The other Republicans did sgn-but did bring
minority report, says the Denver News.
1t will be remembered that Mr. P Morgan declared
steel trust absorbed the T. solely for panthropc
keep the panic of 1907 from getting The report of the sub
committee fatty contradc that claim declares that Mr. Morgan
and his associates made millions of dollars Of the deal that they
had repeatedly hammered the T. c. stock down hope ge
ngt for small consideration and that they finally property
worth $200O00000 cash payment bond issue
which to have provided special rakeo for the patriotic Mr.
Morgan
1t will be remembered that the absorption this company by
accomplished by
vel Mr. Roosevelt has defended his action by saying
avoid panic and that the motives of the absorbing just
and righteous altogether The report of the subcommittee shows
that Mr. Roosevelt either knew nothing Of the merits of the
deliberately maed them The absorption of the T. c.
clearly combination in restraint of trade was therefore Illegal
and Mr. Roosevelt bound prosecute Instead prosecuting
he gave permission for the legay go through and warned his
attorney general interfere Instead of being trust buster
his friends have proclaimed him. Mr. Roosevelt shown this
instance rusnake of the largest proportions There may be
others The history OF the last few has been written
q form that easily be read
The News has the slightest idea that the report OF the sub
committee will be adopted without modification 1t sharp
bunty truthful uncompmenary many powerful
ests The Morgan Interests will with every weapon of
force and persuasion that they possess The Roosevelt interests
will combat with words threats press agent business and the free
of the service But whether goes through the
port of the subcommittee be downed 1t official
Of truths that many of have been learning for months
back 1t story with moral-several morals
And the first moral that professor OF the lneght will
guide the nation Of the paths that lead to monopoly The News
has always believed like
the nation forsake all evil ways But The News egrey
admit that the best OF him that he Peter the Hermit
preached crusade rather than Godfrey, who carry
successful conclusion. Mr. Roosevelt
ceied arbitrary densy ignorant of the relations OF things
carry work which believe he accomplished
And the second and important moral OF the tale OF the sub
committee is disust everything that Morgan and his
attempt Mr. Morgan made the plea of saving the
country when he really eaherng his and gratifying
sptes 1t rather than possible that far from pre-
venting panic Mr. Morgan prepad the panic actually
Now the field moving heaven and earth
leep the tariff steel from being reduced removed He max
ngthe old threats and the old promises upseng the
markets. disturbing values thrang round like bull china shop
the old fashion-and the old end MR. MORGANS
ONLY PATRIOTISM is THAT OF THE POCKETBOOK. He
trying ghten the country maintaining his tariff graft and
Incidentally rake in the few remaining competitors of the steel
rust.
And the people United States might well stand pat
any where excellent good time call Mr. Morgans
Huff. good time retire the steel from business We
onfess have small hopes Of seeing this result accomplished by the
Incoming administration But that the work that needs doing and
that before long will ind workman eqaul the job
Boise continues to grow growth development the
and in the decade drawing close has outstrpped all
he towns OF her Portland Lake making
ssured her position the coming commercial OF territory
90 miles square.
There is activity the Democracy Boise
life in the old party yet 1t time for the people
the party power the city county and the end that