The Pascagoula democrat-star., 1913-01-03
WASHINGTON NEWS
EXCHANGE Letter

Wiilldln OorCOran EuStlS, CHAIR
man of the inaugural committe, i
OF distinguished lineage He is
descendant of the Gusts family, II
which belonged Martha Gusts, tn,
wife of the first president of tn,
United States. He is also grand
son andheir of Mr.. w. w. Corcoran
who presented Washington City Z
medical school and the beautiful
Corcoran Art Gallery. Mrs. Eustis
his wife, who will occupy position
OF great social prominence during the
inaugural ceremonies, is a daughter
OF the late Levi P. Morton, vice
president of the Uuited States during
,flarrison's administration.
Active steps are being taken to
arrange for an inaugural parade Of
woman suffrage advocates from all
over the country.
Considerable interest has been
manifested in the testimony of j..
Perpont Morgan before the money
trust" investigation committee Of
the House of Representatives. He
declared that no such thing as a
money trust is possible; and that he
did not believe all the banks in
Christendom could corner the money
market; that credit is more powerful
in business dealings than actual
wealth or money.
The effect of the recent decision
of the United States Supreme Court,
the IS per cent contracts
of the railroad and anthracite coal
companies, is more far reaching than |
was at first realized. This is seer
from the set of the questions. the
most searching ever put to any rail
'oad, asked by the Interstate Com
nerce Commission, in an investiga-
ion just started, which is but one
step of an inquiry concerning the
ates, practices, rules and regula-
ions, of the railroads for the trans
of hard coal. The fact
hat 90 per cent of our canals and
water traffic is owned or
by the railroads has come
S a surprise to most of us.
In the tariff hearings which will
'egln Jan. 6 and investigation will
e made of the necessity for changes
l the duty upon wool, flax. cotton,
emp, silk, tobacco, wines, wood
nd wood products, metals, sugar,
hemicals, agricultural products and
and many miscellaneous
rticles.
The Mexican situation, owing to |
le failure of President Madero to |
rotect American citizens and proper
Z, has become acute. President 1
aft has sent an ultimatum to /
Iadero, whrch is regarded by some
5 only lew steps short of de- |:
aration of war. After the first of N
anuary, there will be no binding
es of commerce, navigation, of inn j.
ligratIon, between this country and 4
uSsia. 1t will be remembered that
resident Taft abrogate d, last spring.
le treaty of 1882 with Russia, be- +
luSe of Russia's treatment of the
sws. AS agitation is dreaded in
9TH countries the understanding,
ere, is that nothing will be done or
lid by either government to give
ound for a protest, until a treaty
filming the relations of the two
,untries can be agreed upon. In
e usual course of diplomatic pro.
edure, neither the Mexican nor |
lssian difficulties can be settled
ring the present administration. =
J., in addition to the domestic .
estions of trusts and tariff, the =,
w administration will have to deal &
tn the Mexican and Russian pro- &
ms and also with the Panama e
Is dispute. &
Indeed Mr.. Wilson's administra- g
n promises to be an eventful one. Q:
Mr.. Carnegie says that he will =
,e an opportunity to make for -
1self an Immortal name by In
!uuating the judicial settlement Of Z
international disputer; and,
ugh himself a Republican. Mr.. 4
fnegie promises his earnest Sup 4
t, and that of all peace lovers, &
hout regard to party affiliations. Z
Iiss Eta Mayors of Mobile spent 4
Saturday with her grandfather,