Arizona republican., 1912-05-11

l ILldI l us1u lO DlCGIs 1C ndS ueNeI
 said that as far as l know. and the
 New York platform of 1910. adopted 1 by the convention of which he was a
 part, indorsed the Payne bill and ap- l proved it's passage"
 The president inquired if this was a ] square deal He then reviewed some
 of the progressive achievements of his administration and went over the
 amendments to the interstate con-
 merce law in detail, pointing out in
 each instance that practically every single objection MT. Roosevelt now made to that law he has himself rec commended, including the commerce | court.
 l Repudiates His Own Trust Record. Ninth.-Stating that he had taken ! frequent pleasure in uphOlding Presi- | dent ROOsevelts prosecution of illegal l trusts the president said: Now 1 find ! MT. Roosevelt coming the other way, denouncing the antitrust law and de- nouncing prosecutions under it. He says that the decree in the Standard l Oil case is ineffective, that the price of stock has gone up and that my ad ministratiOn is to be condemned be- cause the decree was confirmed by the supreme court. The truth is that the decree as finally entered and enforced 1 was drawn exactly as Mir. Roosevelt's
 attorney general in the bill, which by direction of Mir. Roosevelt he filed 1 against the Standard Oil company, had
 asked that it be drawn"
 The president then declared that both the decision against the Standard oil company and the tobacco trust | had been more effective than Mir. | Roosevelt would admit and that com pettive conditions had been restored and better prices were now being paid than ever before to the tobacco grow CTS and the producers of crude oil Concerning Mir. ROosevelt's proposed i plan to abolish the antitrust law and regulate the trusts. he said he had Of- 1 fered no constructive plan whatever
 except for the president to separate the good" from the bad trusts, a
 process which offered no stability to business and amounted to nothing in the end but the establishment of a
 benevolent despotism."
 Who Represents the interests In This Contest?
 Tenth.-In reply to the charge that | he represents the interests in this con
 test, the president said the record of his administration afforded the best answer. His long record of prosecu- tOns, without fear or favor, he said,
 must show to a fair minded public that this administration has no favor ties among lawbreakers or those seek ing special privileges"
 A Menace to the Whole Business Com
 munity.
 "Elevcnth.-One of the real reasons why :Ir. Roosevelt ought not to be se- lected as a candidate of any party is /! the natural distrust the whole business community will have in respect to the ] measures which Mir. Roosevelt will pro. pose in order to effect a revolution in the interest of social justice which he
 advocates so strongly and defines so
 vaguely" declared the president Stat ing that MT. ROOsevelt's pronounce ment with respect to the control of : business at first met with favor among certain business interests. the presi-
 dent said the program outlined by his ! Columbus speech had so greatly alarm ed business that it could only contem- plate the danger to the security of all business by his threatened undermin-
 ing of our constitutional government ! and his attack upon the independence of the judiciary.
 II affirm that the nomination of Mir. Roosevelt would extend through the business community a feeling of such distrust as to the future as to interfere
 with the good tipes which. if business is let alone and present conditions con tinue. will expand into the most en- cOuraging prosperity. and this will bring happiness to wage earners who are more injurioUsly affected by dis turbance of business than any other 1 members of the community"
 President on Third Term. In conclusion the president took up the third term" issue. Quoting MT i RooseveIts announcement that he would under no circumstances" be a l candidate again. the president said: If he had frankly announced that he ] had changed his mind no one would be disposed to hold him to promise of 1 that sort merely because he had made it. The promise and his treatment of it only throw an informing light on the value that ought now to be attached to any promise of this kind he may make for the future. The important fact is that his declaration was the statement of a principle essential to the welfare of the republic"
 The president then reviewed MT. Roosevets various claims for support on the ground of merit and concluded that he had offered no substantial con- structive remedy for any evil of which | he complained ''We are left to infer. therefore. that the job which MT. Roosevelt is 10 perform is one that may take a long time," said the presi- dent, perhaps the rest of his natural life There is not the slightest reason why. if he secures third term and