Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1912-11-02

hotels. ] asked Mr.. Wilson certain
questions, as follows:
" /. Is it not a fact that the laws
of the State under which a corpora
ton is organized prescribe its power?
-. Are not all the powers of Stand
ard oil and similar ~monopolies con-
ferred by the laws of New Jersey?
90. Could not these powers nave
been curtailed by amendments to the
New Jersey laws?
Why has not Mr.. Wilson. as gov
ernor of New Jersey. recommended
such amendments?'
I'm response to these questions Mr..
Wilson telegraphed. to one of his sup
porters as follows:
II authorize you to say that the
Republican majority in the Legis-
lature made a revision of the cor
poration laws impossible. and no New
Jersey official could prosecute or pro-
pose a dissolution for breach of Fed
eral statutes
This is no answer at all. Mr.. Will
son himself stated that the Legis-
lature did With surprising ease what
he asked and hat Republican and
Democratic members actually intro
duced bills such as were demanded
by Mr. wilson's explicit promises.
Legislature for Him.
THE New Jersey Legislature of
1911 stood: House, AZ Democrats and
Is Republicans; Senate, II Repub-
licans and 10 Democrats. There was
thus only one Republican majority
against him in the Senate, and one
Republican senator, Mr.. Colgate, ac-
tually introduced an antitrust bill.
So that even if he had not been fol-
lowed by another Republican, Mr..
Wilson had a clear majority in both
houses If he had chosen to act. More
over, it was his clear duty to try to
get action in any event.
I'm the entire Legislature there
was no opponent of trust legislation
who possessed n one-thousandth
part of the influences and control which,
while l was President, was exercised
by Senator Aldrich in the Senate and
Speaker Cannon in the House. But
l never made any excuses, and by a
succession of the hardest kind of
hammering fights I forced through
Congress a mass of vitality important
trust and corporation legislation; and
yet under infinitely more favorable
conditions, and with an infinitely
easier task, Mr.. Wilson did not even
attempt to get I'M action.
mo wonder that Mr.. Wilson was
able to mention in his Madison
Square Garden speech, with modest
pride, that the gentlemen in Wall
Street are smiling and complacent'
because of their hope for his cleo
ton. and hat they are betting heav-
lily on him, although I doubt if any
moderately intelligent Wall Street
actually gave the odds which
Mr.. Wilson's enthusiasm prompts
him to believe they gave.
Wants Proposals Tested.
81 ask hat Mr.. Wilson's propos-
Ills now be tested by his actions as
of New Jersey. We Progress
propose a real, -horough-going
and efficient control over the trusts.
Mr. Wilson and Mr.. Taft nationally
propose the same remedies. that is,
o put their faith in l continuation
If the present policy. which is TO all
the eggs to be scrambled and
hen, after the damage has been
lone, to proceed by a lawsuit lasting
years to try partially to un-
scramble them.
"Our proposal, on the contrary, is
create a commission like the In
.erstate Commerce Commission. and
this commission to supervise
he big industrial concerns doing an
Interstate business, just as the gov
now s~upervises railroads
ind banks.
Under these circumstances it is
10 wonder that the great majority
If the trust magnates are support
ng one or the other of the old par