The Richmond Virginian. (Richmond, Va.) 1910-1920, 1913-12-27
PRESIDENTS TRUST
CONTINUED from First page. )


capital operation for a serious dis use.
ought TO be allowed rest. and plenty Of
II. In one of his most famous
speeches, nearly two years ago, Presi-
dent Wilson. then governor Of New
Jersey, virtually outlined his trus.
views and spoke Of the solemn duty
of the surgeon in a capital operation
like that OF trust legislation. The sur
geon. the president said In that speech.
had to know the naked anatomy Of
the man and the seat OF life. He must
know how far the knife should pene-
trate and he dare not 90 too. far for
fear that he viii touch the fountain
OF vitality. He must cut deep, but ne
must cut carefully. He must--cut ont
the things that cause the disease. bu,
he must leave every honest. whole
some tissue absolutely untouched The
might be radical. yet 1t must be con-
ssrvativeiy done.
In the speech referred to President
Wilson emphaticaiiy declared that he
did not deem the existence of greA.
individual corporations and combina-
tons the real difficulty. although they
were dangerous II illegally managed.
but the real danger Ia the coInbina-
ton OF the combinations, the same
groups OF men controlling chains OF
banks. systems OF railways. whole
manufacturing enterprises. great MN
Ing projects. great enterprises FOR the
developing of the natural water power
Of the country. and that, threaded to-
IN hc nal Of n nar ri ~
boards of directors !s a community %
interest more formidable than any
conceivable combination In the United
States"
Views Are UNCHANGED.
The president, II Is asserted. has not
changed his views since that time. He
stands today for the disentangIemeiit
Of this colossal community of interest
that he regards as sitting fair and
honest compettt.t n. There is some
thing, In his opinion. for the law 10
pull apart, land gently. but firmly ana
persistently. dissect.'
The attitude of the president was
followed by legislation in New Jersey.
now known as the seven sisters laws.
carrying into effect his ideas on the
community OF interest proposition and
ether ideas Applicable to conditions n
New Jersey.
The house judiciary committee ana
the senate committee on interstate
commerce, following recen. confer
ences with President Wilson. are pro-
ceeding to frame laws for the dissec-
ton OF the community OF interest cor
lorations. whether this great cpmbina-
ton within combination lis controlled
by one man or two men or by direc-
toTates representing these men.
After the Man Higher Up.
President Wilson IL said to be after
the immensely wealthy man who really
runs these combinations Of combine
tons. He has SAID In his speeches that
he can name the men. IL he desires.
who concentrated in their own hands
transactions of Gigantic proportions.
The directorates are mere puppets for
these comparatively few men. It's the
man hdgher mp tho president has set
out for In his coming II ust Legislative
program. The president has asserted
in speeches that competition cannot be
statles that stand in the way OF COM
peutlOH SaH pS TSdHOSSu 81 tias%S NOsAAs
petition will begin.
The president asserts now, as he did
months back, shaf. all the eggs Of the
country shall not be placed In one
basket and the basket intrusted to the
same group Of persons.
The adm nisu alton trust program.
therefore. vii. proceed upon tho as
sumption that there il ample law IN
the Sherman act TO break uo conibtna-
tions. but there is too little law Tor
the punishment Of big men who sii
back In the inner recesses Of their Of.
fees in New York. Chicago and elss-
where and pull the wires that mantpu-
lstc half dcsen or so ~ tho fg-eA
of the cyuntry---mcn who
have got the business Of the country
all in one basket, as the president has
expressed It.