The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-07-06
REDUCE THE HIGH
COST OF LIVING, :
TO Be BATTLE CRY
Bull Moose Party Will At.
tempt to Solve Problem .
by Putting Screws to
the Trusts
AT SYCAMORE HILL
A CONFERENCE IS
HELD BY LEADERS
T. r. Declares Platform Of
Neither Party Touches
Vital Issue Before
- the American
People

OYSTER BAY, n. Y, July 5f-~fho
policy of the progressive party re-
speeding the trusts was taken up to-
night In "a three-hour conference at
Sycamore Hill. In the confab were
Senator Dixon, MediiI Mccormick.
George ". Perkins. George Stoddard.
of New York and c. j. liamlin, enc
of the Roosevelt leaders of Erie coun-
ty
AS an outcome of the conference the
Interna tional News Service Is enabled
to state that the third party will de-
clare unequivocally for governmenE
regulation of the trusts as one of the
means of reducing the high cost OF
Itying. Ese@s@ve&t and IBIS conferences y
agreed that the uncontrolled money
combinations play a distinct part in
the problem of existence. They work.
ed over a plank that will declare Tor
definite governmental control, with
the view of giving the wage-earner
his share OF what the colonel Calls
the prize money" afforded by the
tariff.
Ihe argument was put up mt the
conference that neither the Repubh-
cans nor Democratic platforms point
the way to the solution OF the tariff
question. The mere asseveration
that the two parties favor reduction
of the tariff, II was argued, does not
strike at the vital fundamental Of the
problem confronting the eountryS
What IL needed--and this Colonel
Roosevelt Impressed on his leaders
Is absolute control of the concentrated
Industries So that the power to keep
prices may be regulated, not by
the trusts. but by the government
itself.
To Fight Trusts. -.-...-
On the stump In the latter end Ut
the summer as Colonel Roosevelt
swings through the country on his
third party campaign. he viii cry out
against the encroachment of the
trusts. He intends to challenge the
Democratic aud Republican candidates
70 show that their party platforms
point to any real way out of the in-
dustrial crisis irto which, the colo
mel maintains the country has been
plunged
Governor Alls444- liz a free trader
quoth Roosevelt. In speaking OF the
petition of the position of the Balti-
more candidate in the campaign, but
he cannot go out before the country
upon the platform adopted at Balti-
more, II ha does. he cannot hope TO
make a convincing campaign The
Baltimore convention, as well as the
Republican. declared for enforcement
OF the sherman anti trust Law. Now
that law ought really never have
been put upon the statute books. I
enforced it while l was president, TAX
Ing the position that as a law it ought
to be carried into effect. AS long az
it was law | would enforce It,
Need Different Law.
What is needed now Is an entirely
different law and one that does not
work harm to the farmer-the toiler-
The sherman law If strictly enforced,
will UNNECESSARILY hurt the inoffen-
sive person who like the farmer. goes
into a-eo~ aeE..tiI.A n s. r
Democratic and Republican piatformA
are wrong In supporting II, No can
didate can go before the people and
urge its enforcement
II feel the same way about tho
Democratic tariff plank. Even il Cow
ernor Wilson is a free trader he cam
not hope to carry out the promises
of the tariff plank If he is elected.
He might wink at it and say 1t waA
only put in for campaign purposes
or he might attempt to enforce It,
If he tried to put 1t into effect 1t would
ruin the country"
Roosevelt spoke OF eggs, milk and
beef as three commodities the prices
OF which have risen tremendously and
suggested that the government ought
to look into these increases.
I'VE must find out what 1t is that
keeps up the price OF milk and eggs.
said the colonel. Certainly the
tariff has nothing TO do with it. A.
to beef. do not think the tariff af-
fects the price. Again 1t seems to h
the trust that is responsible for thu
almost prohibitive price. Now, the
government must have authority to fn-
vestigate and then to take definite
control SO that prices will be forced
down.
Roosevelt takes the ground that
free trade is a dead issue in the
country. and that If revived and put
into effect 1t would only be short
time before the nation industries would
be crippled
Besides talking tariff and the trusts
Roosevelt took up details Of his ma
tion-wide campaign with his leaders.
we are getting along fast now
he said I'm a few days we shall
know exactly where we stand
Talk emanating from Francis ~.
Heney. of California, that Judge Bens
Lindsay, Democrat. of Denver, mt9hta
be put by Roosevelt as the third
party candidate for Vice presldenes4
caused him to exclaim: Il havnst the
say about nominations / am not IN
dictator: II Judge Lindsay Ia ~
he the presidential candidate t1A9!
convention VIII have TO decfde II "A
The colonel declined to deny that
he had written letter to Judge Lind
say expressing his preference for s&1a4E
Judge for the presidential nieh4
on the ticket. He waved que6tlo1l
concerning the letter aside with IL
brusaue nothing TO say about xhM4S5
II won't deny or affirm II saA
Roosevelt had no comment ~ x T
upon Senator LaFollette's thA}tM
to reveal his campsign sxpsnd