The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1912-01-27

IL IS said JTlat PRESIDENT 1dlL cOulu
cause a collapse of the Roosevelt
boom for the presidency in twenty
four hours if he would send word to
the right persons that the proceed
ings against the United States steel
trust are not to be pushed, and that
criminal indictments against numer-
Gus captains of industry will in lie
time be dismissed" 1t is charged that
several men now travelling about the
country urging republicans of various
states to send uninstructed delegates
to the Chicago convention of the re-
publican party are reporting direct
ly to George W. Perkins formerly
partner of J. P. Morgan, closely iden-
tilted with the steel trust and the vir-
tual head of the Harvester trust. The
bringing of the suit against the steel
trust to dissolve that great corpora
ton stirred the big interests to an
ger and they have had it in for Pres
ident Taft ever since. According TO
the indianapolis News, the strongest
sort of pressure has been brought o
bear upon President Taft, without
avail, TO have these proceedings made
of no effect and to have indictments
against certain men connected with
this and with other Big Business ac-
tivities dismissed. The allegations of
the bill filed in the steel Trust go
that former President Roosevelt had
been deceived in the matter of the
r. c. and |. deal certainly stirred the
wrath of the dweller on Sycamore
Hill. A community OF indignation
was established, between the trust and
the colonel, and this, it is said, has
been turned to practical political ac-
count by the trust people, and may
be by the colonel. An intense and
aggressive opposition to Taft has
come out of it, and the movement to
defeat his denomination through the
agency of a Roosevelt candidacy is
said to have teen the result. 1t Is
known that agents of somebody's in
terests are travelling about the coun-
try spreading Roosevelt talk, and if
| these agents are reporting to Mr. Per-
kins, the situation becomes decidedly
interesting. There can be no doubt
that the colonel has been playing up
to Wall street. His Interpretation Of
the steel Trust proceeding and of the
whole trust policy of the administra-
ton, in a recent article in The Out
look, was hailed with delight in that
great haunt of high finance. During
his presidency it was said that the
Morgan crowd had credit at the white
house, and there is a saying of the
colo1el's on record somewhere that
the Morgan interests have always
been friendly to u.s." Certainly the
authorization of the T. C. and |. deal
by President Roosevelt was an act of
royal and lawless favoritism to big
interests that, to say the least, was
significant of a consideration for the
particular group of financiers con-
cernad in the affair.
The colonel has some reputation as
trust buster, nevertheless, as it was
noted by Senator La Toilette in re-
cent speech, the period of his presi-
dency witnessed the most remarkable
development of the trusts in this
country. President Taft is proceeding
in dispassionate and ruthlessly 1u-
dicial manner toward an enforcement
of the antitrust law that is on the
statute books. His distinguished pre-
decessor" made a tremendous furore
about the trusts all the time, but he
claimed the right and the privilege
of distinguishing, in his own wisdom,
between the good trusts and the bad
trusts, and he made some fine dis
tinctions. 1t would be beautiful sit
uation if the great trust buster should
become now the great trust proteo-
tor.