Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1911-09-26

aud which would seem to have uccnl
mono than discounted hy recent d, |
,liups WHAT strikes the experienced
observer Is the rutiIo lack ul nerve
Uud uttD mdiepualtion fu face any
diaiJI uauc, With raltuucs, uI Cuutalu
On. financial Hadcra are not fhu Wcub-|
hn,cd rubber spiucd moa thcy now
seem Go l' % b. not 90 bC supposed
tbat they ave shNouu1 because OF.
current adverse conditions ul the fact
that many OF our huge industrial con
Germs must go through the ihroos otI
reorganization They huoW ull wei
that DO, country will consume about
thr same JWwui % food and clothing
81. u.uHl and that shelter viii he asl
necessary as ever ThcF appreciate
thu the trusts VIII continue to work
Sis DAYS boo Do, week iu spite OF lcgJll
mandates compelling them io change
Ihrir form Th,N know that real val.
uos VIII uut uo destroyed standard
OH and American Tobacco have gone
Though Che period of alarm ana are
,lraiue none the tss because they
must issulyo like other corporations
organized in defiance OF law Many
con, plants come from those who are
oniuyiu- monopoly pIoiils. which. u
continued. would certainly lead the
country 100 Jar worse social and po.
lhiral trUubies than now threaten
True. iuD correction ut sltCh abuses rs
uelCl pleasant Reforms are always
unpopular and sometimes. anu as at
present We may have an overdose a.
i,ioiu. bui for this the laWurcakcr,
NOT The Ipiurmcl. must be- held rcSpon.
siuic one thing Is certain, that if the
law breaking monop0lies had not been
checked, we should now Dee on the
hlghroad 20 socialism, and 20 far gray
ur political disorder than nov seems
likely. What Is now bciug endured is
NOT $40 1ad as what night have been.
FOR which There is reason 10 give
hanks U .s time thai our business
men too, ,almyr and more courag.
cous Ni.W ot the .ituJtou The com.
10Y Dos r'siup liquidallg coming
down uOu me heights ot imitation To
a more normal level and because We
are not rushing on az record. brcaking
acc and making big mohts th.i ls nu
reason tor The present irrational state
OF depression
!
man Jc' uu Tues iay was uf FIRST some.
what ui understood ~ created an co..
d lIrul' uuwJuaIird fcpiu. of unpasi
| me- when iu reality b. should have
given 1mpi, I,assugHno,. 10 correctly
interpreted MI Rats attitude to.
| ward monopoly Dos unchanged lie
recognizes. a- does amy thourhttW ob.
| server That the dri't toward munopol,
! be- against public welfare and has
brought us closer 10 Industrial uoyOlu.
! lion and Socialism than any other
known force tie therefore wisely
| iutlsta anon performing his duty Ia
enforcing the Law llc ohcclS tu an,
lvyi.iou ul the sherman law because
iuD supreme count has already bull
/ zap series ol interpretations which
MAX, he law in iis application well
understood Revision. he believes.
would simply revive agitation and
probably set aside all OF the excellent
WORK aud thought already expended
upon the subject hN The supreme
| court The decision H now being en-,
forced IN the light uf ryason,' ana
| revision, hr thinks. BIS wholly unnCcos.
sarv and could accomplish nothing eN.
ccpl further injurious disturbance OF
business affairs Nh raft also very
properly argues againsD the proposal
that the supreme court should decide
between good and bad trusts, as lui
posing improper work upon the court.
the inference being that trade monop-
oiics when good would be allowed 90
live. only the bad being sent To- per
dition Mr. raft probably recognizes
the utter impossibiity of keeping mon.
upulics always good IN the present
makc-up of human nature Mouupo.
lies, IL is as well To- remember. are
only safe where the hoatitudcs can be-
enforced Altogether, Mr. Taus ad.
dress was verN reassurinp While
showing prime regard for sound pub.
lic iolicY, /, ar thc same time showed
kocn consideration for business inter
es's and plainly nunated that no hos.
tile Campaign was to be conducted
against large corporations n such
business interests have been unduly
harassed hy excessive and often 10.
rational attacks upon capital for pure.
Is political ends Against the latter
Mr. TAFT has lifted strong arm re-
gardless of consequences TO himself,
and this rs something which should