The Birmingham age-herald., 1911-09-29
Taft Speaks On Relations
 OfGOvernment To Business
Announces That Prosecu- ti0ns of Trusts Will
 Be Continued atIzs
 I1Sslg. MAKES PLEA FOR LESS CRITICISM Says Reformation Is Being Brought i About Steadily and Satisfactor- ily-Nothing to Be Gained
 By yindictiveness giS

-ia&ly
 Waterloo, la, September 8.-The President today in a speech defining the relations of the government to business" announced that trust prosecution begun by the department of justice would con- tnue despite recent criticism that busi- ness was being made to suffer.
 He served notice that "the big business interests of the country must be brought within the law just as the railroads had been," and he declined to admit that there . exists any discretion which would enable the attorney general to stay the hand ot the government in dealing with combina- tions in restraint of trade.
 The President at the same time made an earnest plea for reasonable consdera- ] ton of the railroads interests and the big industrial corporations on the ground that their reformation was being brought about steadily and satisfactorily, and that nothing was to be gained by "vindictive hostility"
 MT. Taft bitterly denounced those roll tcians who seek to arouse the prejudices of the people and to array one section of the country against another. Such utter ances he declared to be those of "the blindest of blind men"
 The trust prosecutions, Mir. Taft said, need not long be continued because he believed the business community was rap- idly appreciating the effect of the recent decisions of the supreme court and were V preparing to square themselves with the law.
 Can Call Halt
 "we have reached tfe point" he said. "where we can call halt, not in the pro- gressive movement to keep business free from abuses, but where we can call a .lalt against appeals to spirit of pure hos tIity to prosperity, on the theory that no one can be prosperous without being dis honest, or a yiolator of the law"
 Here in Iowa the home of many of the progressives in Congress, MT. Taft de- clared, it is not progressive policy in any true sense to be hostile to the pros perity of any part of the country.'''
 ''It is not progressive to be against a railway corporation, because it is a cor poration." he said.
 Mr. Taft repeatedly declared against seetionaI prejudice md unreasonable de- nunciation of corporations by persons seeking political preferment.
 Why" he said, "shoud we allow the political fortunes of any man, or set of men, to mslead us into hostility toward parts of the country which is certain to work injury to another and then all? We are all in the same boat, all tossed by the same. waves. Let there be prostra- ton of business in one large section, and that prostration will spread quickly to all the rest. Let us reason together"
 Be Charitable and Kind
 'Iet us be. charitable and kind let us not be so. suspicious and ascribe corrupt motives to every, one in the community, excepting our particular friends and po- litcal associates" said the President. Let us. have legislation or absence of legislation as may be necessary. And let us approve and praisa the great business enterprise and genius that honestly and by proper. methods accumulates property and puts it into productive industry that supports millions of workmen and fur nish profits to those whose savings have gone into tbe shares and bonds or the enterprise. Business is faltering now. There is doubt and distrust among in ,vestors due to fear of blind enmity to- ward SucceSS1ul enterprises. WHdt is the remedy2 It is the restoration of con- fidence between the classes of persons who have been opposing each other in times past, who now, after the reforms are initiated and are in process of being effected, ought to come together in amity and make the best use of the enormous resources we have in this country for the promotion of general prosperity and the securing and encouraging of individual happiness
 MT Taft said that he had heard from men engaged in business the severest criticism of the antitrust laws. Their position. he declared, could not be tangi- bly, supported.
 "They seem to think" he continued, "that there ought to be some measure making legal the control of competi- tion and limited monopoly. or some statute enacted which shall establish line between those monopolies that are reasonable and those that are nor. And no such line is possible. The su- preme court of the United states mas ex- pressly so decided"
 The President said he had seen arr guments based upon the attitude or foreign governments in fondling and protecting monopolies. No such pol icy was possible fin this country. he declared, and he added that if com petition was to disappear state social ism must come because the govern ment might better control monopoly than private company. Mir. Taft spoke in the public park here late this afternoon. It had been raining hard ali day and the ground was muddy. A crowd of several thous- and listened fntently to him and ap- plauded vigorously when he concluded The Presidents first day in Iowa was one of large crowds all along the line from Council Bluffs to Waterloo. III most Of his speeches Mir Taft dwelt upon the tariff issues. He again prom Jsed to recommend reduction in the furious schedules as the tariff board reports upon them. and to sign any bills based upon these reports. T want you to know where I stand" said the President. If you do not ap- prove when you know. where stand. you know what to do, and if you do approve, you know what to do. In any event, I am content to abide by your verdict"
 The President was welcomed by Gov ernor Carroll. Senator Kenyon and a large delegation of republicans. Sena- tor Cummins was not in the party.
 
 No Change at Tampa
 Tampa, September 2s.--The strike of eigarmakers here remains the same to- tn4n