The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1911-08-06

everybody and got down to husiness.
First he placed upon hirissf ro-
sponsibility for approving the absorp-
ton to avert financial disaster In Wall
street, and condemned any man who
would be 10 weak as not to act as he
did In that crisis.
Not to have done so, he said, would
have been criminal.
Probably nothing In the vigorous
life history OF Theodore Roosevelt was
more dramatic than his public appear
ance today at the crisis OF the investi-
CATION of the transaction which has
been recorded I'm hundreds OF pages OF
congressional inquiry. The chapter he
contributed not only dealt with his
part In the events Of that threatening
time. but he gave the committee some
interesting opinions on the trust ques-
tion that loomed up In their import
even more than his recital of facts
In the Tennessee Coal 4 Iron trans-
action.
After declaring that his object in
approving the sale OF the Tennessee
company was to restore confidence tho
former president. In response to in
quiries by Representative Littleton re-
lating to the case as presented to him
by Judge Gary and II. C. Frick at the
White House conference in November.
1907. said:
The situation WAS 80 critical that
II was liable to break at any moment
until the action was taken. and tho
instant II was taken an enormous Inn
provefnent for the better occurred and.
as said In the poem OF Mr.. Emerson.
with which all Of you are so well ac-
quainted:
III the red Stayed thinks he slays.
"'Or II the slain think he Is slain,
II matters not"
Then Mr.. Roosevelt launched into a
discussion with Chairman Stanley Of
the general trust question, saying that
the United States had something to
learn from Germany.
Mr. Stanley" Mr.. Roosevelt broke
In. switching the line OF inquiry In
progress. may say In connection
with what has been said on the gen.
erai trust question. and OF this partic-
ular corporation. the steel corporation.
that know you will noe accept silence
on my part as indicating anything as
to my attitude on the general trust
question. as you know 1t.
Believes in Stronger Control. y
Il have stated again and again. while
was president. In messages to con-
gress. which were not always received
with as much enthusiasm as they
were written, and since then In arti-
cles and speeches. just what l have
felt the attitude OF congress toward
these great corporations should be.
and as you know. believe In a far
more drastic and far more thoroug-
going supervision and control over
them by the national government than
we have yet achieved. sOn
another occasion I shall have been
very glad to have spoken with you on
trust remedies. / am sure you VIII
not achieve your purpose by splitting
up the big corporations, as ! have
Stated again and again In messages
to congress.
while something can be done
along that line in addition, and to
my mind, mainly the work must be-
done by our national government. act-
ing as the government of Germany
has. l think. In the potash matter-by
actually. In the interest of all the peo-
pie. interfering and exercising a de-
gree of control over big corporation
which 1t would be wholly unnecessary
to exercise over IA corporation that
has no monopolistic taint."
II wish to say" Mr., Stanley replied.
that | am not of the opinion that
the dissolution of the United States
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