The Washington times., 1910-01-24
President Said TO Be About
to Start Vigorous
Attack.
COURT DECISIONS
MAY HAVE BEARING
Blow, When Struck, Likely to
Give Wall Street a
Shaking.
By JAMES Hay, i.

On high authority, Il can De announced
that the Federal Governments p13ce-
Gure against the Beef trust is but the
forerUnuer of numerous attempts b., the
Administration 10 punish the bad
trusts
The President Is merely awaiting the
decisions OF the United States Supreme
Court 10 open the guns OF the Depart
ment Of Justice against any trust. cor
poraUon. OF merger which wears THE
badge OF HleEaIity."
Friends OF AR Taft say he is de-
terminsd TO carry out his promise to
punish all combinations or corporations
which break or evade the law They
declare there have been on foot for the
past two months by the Department Of
Justice Investigations which viu put in
% the hands Of the Attorney General
the facts which viii show him whether
prosecutions should be begun against
the corporations accused of evil doing
These Investigations have not been ac-
vertised. On the contrary, they have
been conducted quietly. and for that
reason their results have been all the
more effective
Court Decisio1s Awaited
No doubt is entertained in Admins
tryltion circles that the decisions OF the
Supreme Court in the Standard OIL and
tssbacco Trust cases uII be afGma-
tiOns- II is not yet known. however.
whether the decisions VIII say the Gov
eminent can proceed against the cor
pcrations on the holding company
issue. or whether they viii declare that
the proceedings should be- against those
corporations which show the signs OF
wiIIfUl and malicious breaking of the
law
That Is the expectation IS enter
tanned that the decisions viii hold that
these trusts which have broken the law
hE such things as arbitrarily fixing the
supply. unGer~eiiiuE 20 destroy c0mre-
trade and competition. should be pros
ccuted.
i IS SAID the Presidents advisers be-
Iieve' the last named plan would be
is the pain under which :. is thought
the Administration viii ultimately act
against all the bad trusts"
limitations have been made 10 the
White House that this program should
not be followed ou.. as It would hurt
business and Wal Street. but friends
of Mr. Taft declare he q Eyes the posi-
tion that no corporation which observes
the law need be in the least alarmed.
business because infrIngements or the
law are corrected the injury cannot
be permanent In other words ne IS
determined TO have business conducted
along lawful and upright lines
Steel Corporation In View.
There was more or less talk today
that the Steel Corporation has been
under rigid investigation by the De-
parrmeut Of Justice. and that i- viii
be one OF the @rSr corporations TO so
before the courts This, however. re
ceived no confirmation iu official
circles except that IL was said that
investigations have been made Of all
the trusts and combinations against
whom there have been complaints OF
law brea king and evil d0juE.
In business circles Il IS believed that
when the Presidents program Is fully
appreciated, there viii be disturbances
I'm Wall street, and that these VIII be
all the more emphatic because OF the
blindness with which the pubic Has
observed the Administration s tacuc5-
There has been so much talk TO Ile
effect that this was a, President who
would conserve the interests OF DuSl-
ness at the expense Of the law that
men of large affairs have shut their eyes
TO what would have seemed under or
dinary circumstances IuL ana SIiIltltllt
warning
# any marked disturbance occurs
friends of the Administration say those
hurt by il VIII have bought II Upon tieui-
selves Or-inS, however to the TACT Ildl
the good trusts viii not be hurt and
that the only ones prosecuted are thoSe
with the badge Of IIleEautE. II should
be sure that the ones with clean TecoIos
are safe from mOleStat1on-