Perth Amboy evening news., 1912-04-02

makes in Wall street, however, is
that when a certificate of stock is
sold, the purchaser, before the disso-
luton, received an envelope contain
ing one slip of paper calling for a
share in the Standard Oil Company
of New Jersey. Today he receives
an envelope containing ~forty-hve or
fifty slips calling for stocks in each
one of the subsidiary companies. In
the meantime the Standard OIL feels
that at last it is immune from gov
eminent attack and it is going ahead
making its increase in prices for the
consumer and at the same time add
ing to the market value of its stock
which, since the supreme courts de-
cision was rendered, according to
press reports, has increased over
two hundred million dollars. Truly
President Taft has much to feel
proud of in this great record of his
administration.
But this has reference only to the
Standard Oil. Take the stock of the
tobacco company. 1t was dissolved
I,t 40 -, +s,,o H. c4ou1-l
Oil. When the suit was begun the
tobacco trust stock was quoted at
800 per share in Wall street. When
the decision was handed down the
tobacco trust stock was quoted at
500 per share. The American To-
bacco trust stock is no longer on the
market as such, but is represented
by stock of the subsidiary concerns
which are now more than 700 per
share.
Theodore Roosevelt Is correct in
his summary of the net results Of
the prosecution of these trusts by
the Taft administration when he
says: "The result has been that the
tobacco trust and the Standard Oil
trust materially increased the value
of their stocks and that there has
been no diminution of their power
to control markets"
Another great trust victory to
which the Taft administration can
refer Is that in reference to the beef
trust. After an expenditure of more
than $4,000 900 by the government
the Chicago packers have been ac-
quilted. AS a direct result beef
trust securities are soaring. The
price of meats in all large cities is
being sharply advanced. Once more
we ask, can the supporters of Presi-
dent Taft tell how the people have
received and advantage from the en-
forcement of the Sherman anti
trust law OytCH'absPPtp Gaft2 -
Tt Fen". ssoCIATIONs Say
whether they want TINS AHHof en-
forcements of the antitrust laws to
be continued another four years with
Taft, or whether they want a man
for President who will use his in
fuence tt bring about such necessary
additions to the Sherman law as will
bring the criminal trusts to justice.
President Taft has said since the
decisions in the Standard Oil and
Tobacco trust cases, that, Il am en- !
tirely opposed to any amendment to
the antitrust law. 1t is now a val
liable government asset and instru-
ment, decided and brought into prac-
tice and beneficial use by twenty
years of litigation and construction
by the high courts, why should we
imperil its usefulness by expert
ments?" On the other hand Theo-
dore Roosevelt says: The antitrust
law should not only be kept on the
statute books, but SHOULD BE
STRENGTHENED AND M A D E
MORE EFFECTIVE AGAINST
TRUSTS GUILTY OF ANTI-SOCIAL
PRACTICES"
The Republican voter of New Jer-
sey are going to have an opportunity
next month to say which OF these
two men they prefer as their candi-
date for the presidency. Do they
want four more years of Taft, back
ed by the record of the past four
years, or do they want a man who
is feared by the special interests
more than any other person living
Theodore Roosevelt?