New-York tribune., 1911-10-30
SAYS TRUSTS WILL CONFORM
Mr.. Wanamaker Predicts They
Will Adjust Themselves to Law.

iv IGeEfaph 10 Inc tribune.
Philadelphia. oct. 29.-Addressing com
pany Of newspaper men on Saturday even
ing, John Wanamaker predicted that the
large business interests of the country
would adjust themselves 10 the require
monts Of the Sherman Antitrust law, as
interpreted by the Supreme Court, and that
this adjustment would be followed by an
era Of prosperous business conditions. in
an impromptu speech Mr.. Wanamaker paid
Il tribute 10 President Taft as "our great
est lawyer President" who. he said. was
applying the law with reasonableness and
justice.
Extracts from Mr.. Wanamaker's address
are as follows:
MAY I add a few words about business
conditions? - sit. A.
EibIe simply interpreted the devil.
The Sherman act against trusts came
along because trusts existed and were null
uplying
aware OF the power and hardships possible
10 monopolistic corporations, ana the con-
tinuaI advance I'm the cost of living, raj
,nent and an building improvements awak-
ened the people during Mr.. Roosevelts
term. and he rallied them around MN by
his outspoken views as their deliverer from
expressions. deCeits and dlshonestles.
President Roosevelt practically initiated
proceedings against certain trusts That re-
strained trade. controlled prod ducuons ana
held prices in some instances Tor enormous
! dav had TO come when the people all
over the United states would get behind
their Senators and congressman, judges,
writer's and the newspaper world gener-
elIy and demand relief. That day had 10
come or il would have produced anarchy.
THAT day OF relief has arrived. II has
come with firm steps, but kindly, with the
reasonableness and justice Of our greatest
LAWYER President and the moderation and
wisdom Of the Supreme Court
fairness all the great trusts will conform
10 laws on the statute book as understood
and interpreted by the highest tribunal or
the government OF the United states.
| do not believe that Mr.. Morgan, Mr..
Frick or Mr. Gary will care TO defend any
organization which by inaovertence eN-
presses in it's organization anything con-
trary TO their own lifelong characters Of
uprightness After all organizations at
top and bottom and centres are men.
1t is written, AS man thinketh, so Is
he" and 50 are his companies and busi-
ness.
am sure the day is at hand when any
man or set OF men doing business contrary
10 existing statutes, when such is proved
10 them. without animosity or unnecessary
haste or needless expense. will set their
houses in proper order. For this reason
believe we are on the eve Of a new era
Of a better. safer. steadier. prosperous bust
ness decade.
America can square itself 10 war when II
has 10 be. and yet more easily TO perma-
tent peace So n can and will SQUARE itself
in the regulation OF tariffs. trusts and
stock markets.
The highest glory Of this century will be
for America, when II IS recognized by the
world that it's people have become reverent
and obedient TO laws, and have demanded
and secured the prompt execution of every
lew on the statute book. that equal justice
may be done 10 the poor and 10 the rich
without delays or favor.