The Sentinel=record., 1912-05-09

Company cases were really of benefit to those trusts because oil has gone up and the stock of both companies has gone ID, President Taft told why he believed these resulted from nat ural economic causes.
 "They say oil has gone up and they say the stock of these constituent companies has gone up said MT. Taft. It Is true that they have gone up, and why? Because in the dis solution the facts had to come out and the stockholders who were hold ing stock down low had to reveal Io the public generally that they had great deal more money in those com panies than the public had known Secondly they say that oil has gone up. Well 1t has and crude oil has gone up, too, and why? Because un- der the Standard Oil Company as it was, they could control the purchase Of crude oil and they kept crude oil down. l know what I'm talking about. because l had to approve contracts down in the Indian Territory with re- spect to oil The price went down, suppressed by the Standard oil, So that we did not know what to do with those Indian lands. Now. because competition has come about and poo pie are bidding for that oil, crude oil has gone up and the price of oil gen erally has gone up.
 "Then about the tobacco business They say that decree is a sham. Well, what Is the effect of it7 Don't yod remember out in KentucKy the had night riders They killed people and they drove them off Of their farms n order to reduce the supply of burley tobacco, because they could not get any pricye for 1t and that was b. cause the tobacco trust went in there and bought what they wanted and paid the price they wanted. Now burley tobacco has gone up under the competitions that have come in ther, by the various companies in which this tobacco trust has been divided. Answering the Roosevelt charge ol Taft alliance with bosses, the presi dent criticised his predecessor for at tempting to inject into nationa campaign questions which properl, concern the states and with whlcl a president has no direct concern.
 MT Roosevelt said was not onl. in favor of an aristocracx or aI oligarchy bat he said that I was 1T favor of an oigarchy of bosses ant that made the issue between the pso pie against the bosses and that al the bosses were for me and they all opposed him. asserted Mir. Taft. Well, I'm not in favor of machine politics. We have to have organ izations. but l am just as much op. posed to bosses, in the sense that Mir. Roosevelt wishes you to understand that term, as he is.
 Now. there must be a good deal of vagueness and misunderstanding about this business of bosses. l don't promise you, if I'm elected, that all the bosses will die. but I have recommended something that will assist in ending the abuse of that system, but l have not heard any ap- proval from anybody that was so loud that I could hear 1t. That is, I have recommended that all these of fees which are now treated as po- Iitieal offices be put in the classified civil service have done that with three congresses, but have not heard any Macedonian call either from Mir Roosevelt or anybody else about the passage of that bill"
 In discussing the recall MT. Taft appealed to the negro voters to thinis over what might become of them if the recall of decisions became permis- sible.
 MT. Taft made seventeen speeches during the day. His fellow Ohioans turned out in good numbers and listened attentively to his argu- ments. although interruptions and comments from the crowds were com. paratively few
 At Ironton the president declared he was lawyer and a judge, not a pubuieity agent.
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