The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
Railroad Presidents and Money
Magnates Say Prosperity
Depends on Congress.
COURT AND COMMISSION
ARE OTHER BIG FACTORS
Large Interests Hope Tariff
Will Be Let Alone for
Year Yet.
BY RALPH M. WHITEsIDE

BY Loascd Wire TO Tho Tribune.
WASHINGTON, Dec. 3.-All ia in
readiness for the national legislative
mill to begin grinding Monday. Uncle
Joe Cannon, grim and resigned, Vice
President Sherman. smiling and appar.
entity happy, and many representative
and senatorial lame ducks are here and
the president s message Is ready TO
be sent to congress when congress is
ready to receive IT,
When the gravel falls at noon Mon
day there viii be as peculiar a mixture
Of dark gloom and iridescent Joy as
has been seen in congress for a GEN
Grafton. The regular Republicans will
furnish the gloom, the Democrats and
insurgents the Joy.
The three new senators will take thc
oath tomorrow, The only odditv i'm lbc
ceremony will bc that Senator Cum.
INNS. the head and front Of he pro
greSslVc movement, must escort Colonel
Lafayette Young, rank regular. ia fhc
wee president s desk This will causo
many to smile aud few TO suicker.
Money Mamates Anxious,
The sessions Monday Will he brief
SommIttees viii be detailed 10 call or
PRESIDENT Taft and notify him that con
gress rs on his hands and waiting Ia
near from him. a report will be made.
on the following day will be connuui
Gated IN both branches of congress in
writing The president $ message. Tho
meeting wlll be fixed at noon The roll
VIII be called in the senate to get tho
new arrivals safely on the pay roll.
nc deaths Of former associates will bc
announced and adjournment taken rs
a further tribute 10 their memory.
Now ork S financial and Industrial
leaders arc deeply interested in Wash
lngton these days and the big men i'm
inc money world arc trying to keen in
close touch with governmental affairs.
resident Brown Of the New York Cen.
lral. President McCrea OF the PcnDsyl.
wanna and Il hall. dozen lesser lights and
representatives Of financial Interests
nave been IN town. These mon agree
that all interest centprs i'm Washing
ton and that good times or bad fines
In the financial world will he the de
FeIopinents here in the next few months
Hope for Years Respite.
he future Of investment. speculative.
banking and railroad prosperity, tbev
declare, depends upon three continpen.
cles IN the order of their sfa,c,pent.
namely, the disposition bv the United
Siatcs supreme court of nc suit against
the STANDARD Oil company aud the
''"H i'bd'ip' OIHrrWlSp known ms
I ne tobacco trust, the action of fhr in
terState commerce commission upon the
application of authority TO increase
freight rates and the procedure of con.
@rcss with respect TO the president 8
for restrictive IcrisIa.
tion.., together with the decision as 10
tariff revision. ~
AS to the attitude Of congress tbe
principal concern Of the financial world
Is SAID to be whether there is ia bc an
extra session and consequent tinkering
with the tariff.
Inc interests are NC so much ron.
,erped over the presidents recommcn.
iation Tor additional legislation for
.hey realize the limitations for action
n inc shortness Of the session and the
Iurther fact that the present orgapiza.
March 4. '"'''
~ there IS not TO be an extra session
'i congress this spring The financial
Torld Will be cmboldcncd 10 look for
period of legislative inaction until The
oilowlne spring, giving nearly a clear
we've months Of undisturbed tariff con.
litions 'o"'