The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-11-28

tain line OF goods, with the stipulation
that, il he purchases similar goods
from any other corporation, he will
be blacklisted.
Both the President and congress ap-
pear anxious that the situation be
cleared, and congressman have begun
their work toward trust legislation, the
committee Of interstate commerce al
ready having held several sessions and
taken the testimony Of witnesses to
obtain evidence concerning the meth
DDS of trust operation. The evidence
SO gathered undoubtedly will be used
when the bills for trust legislation are
presented to congress this session.
The President has made clear, how
ever, that he prefers to see the chang
es in the regulation of commerce &C
complished through federal charters,
which will provide for corporations
certain defined limitations. The Pres
ident for some time has held the opin-
ion that, If the Sherman law be amend
ed, it should specifically define what
constitutes offenses against it, and
because it seems now as though this
will not be accomplished by an amend
ment of the present law, it seems
reasonable to many that Mr.. Taft
will put all his strength behind the
proposed federal incorporation law.
Considerable Risk.
The President, too, has been told
that there will be considerable risk in
attempting to amend the Sherman law.
He has indicated that he believes this
to be true, and has taken the stand
that he will not approve any attempt
to emasculate the trust regulation
which now is in force. He has even
gone farther than that, for in his re-
cent speech in Pittsburg he declared
that he entertained no sympathy with
the statement that the business men
of the country have erred and violated
the Sherman law through ignorance.
1t is also believed that President
Taft, in making recommendations for
legislation to relieve the country of
the burden Of the high cost of living
will advocate the establishment of a
parcels post.
Although Mr.. Taft declares that he
is anxious to make his message as
brief as possible, he recognizes that
this may be the last message he will
send before the campaignof 1912, and
also that the Republican party or at
least the stand-pat element Of it. may
have to look to this message for cam
paign material.
So in the message, it is thought, he
will include considerable data. for rec
concentrations concerning the manner
in which the tariff is to be dealt with
during the coming season. The wool
and the cotton schedules of the Payne
bill will come in for consideration
principally. it is forecasted. The Pres
ident expects considerable aid along
this line from the tariff board, and he
will leave this feature of his communi-
cation to be among the last which he
will complete before sending the mes
sage in.
Information concerning wool and
cotton. it is said. is being used not
only for the consideration of reform
in the tariff, but also, as bearing d.
rectly upon the high cost of living.
III" USAOlC WI. olI oAo~
comparative cost of production both
here and abroad. and emphasizes the
tremendous profit through the passage
of these staples through many hands
before they reach the ultimate con-
sumner. That is why the parcels post
idea has gained ground, for it is
thought that in this way the consum-
er may be brought into direct dealing
with the manufacturers. thus eliminat-
ing all middleman profits.
The President is undecided yet, how
ever, whether his will dismiss the high
cost of living problem with the infor-
nation which he will send to congress
in this message. 1t Is considered like
ly that he may send supplemental
message to the legislators which will
real exclusively with this phase of the
nations problem.
CAFE -.
Roast Goose Lunch Thanksgiving
Eve. 512 Main Street 27-2t