Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1913-01-10
Washington News
Exchange Letter.

William Corcoran Eustis, chairman
of the inaugural committee, is of dis
tinguished lineage. He Is de scen-
dant OF the Gusts family, to which be-
longed Martha GUSTS, the wife OF the
first president Of the United States.
He 10 also = grandson and heir OF
Mr.. W. W. Corcoran, who presented
Washington City q medical school
and the beautiful Corcoran Art Gal.
ieIy. Mrs. Eussis, his wife, who will
occupy Q position Of great social
prominence during the inaugural cere-
monies, is = daughter Of the late Levi
P. Morton, yice-president of the United
States during Harrison's administra-
ton.
Active steps are being taken to ar
range for an inaugural parade of wo-
man suffrage advocates from all over
the country.
Considerable interest has been man
ifested In the testimo ny of ]. Pierpont
Morgan before the ''money trust in
vestig alton committee of the House OF
Representatives. He declared that no
such thing as money trust is posi-
BILE and that he did not believe all
| the banks n Christendom could corner
the money market that credit is more
powerful in business dealings thar
actual wealth or money.
The effect of the recent decision OF
the United States Supreme Court, an
nulling the IS per cent. contracts OF
the railroads and anthracite coal
compa MES. is more far reaching than
was at first realized. This is seen
from the set of questions, the mos
searching ever put to any railroad
asked by the Interstate Commerce.
Commission, in an investigation jus
started, which is but one step of az
inquiry concerning the rates, prac
ltices, rules and regulations. of tn
railroads fer the transportation o
hard coal. The fact that 80 per cent
lot our canals and domestic waite
trafic II owned or controlled by tn
trsil, Dads has come as surprise t.
nest of us.
the tariff hearings which will be
gin Jan. 6 an investigation will b
made of the necessity for changes il
the duty upon wool, fax, cotton, hemp
silk, tobacco, wines, wood and WOO,
products, metals, sugar, chemicals
agricultural products and provisions
ana many miscellaneous articles.
The Mexican situation, owing to tn
failure of President Madero to pro
tect American citizens and property
has become &C tie. Presideat Taft ha
sent an ulsimatum to Madero, which
regarded by some as only few step
short of a declaration OF war. A5te
the first of January, there will be n
binding ties Of commerce, navigation
Tor immigration, between this countr
and Russia. It will be remembers
that President Taft abrogated, la,
spring, the treaty of 1882 with Russia
because of Russia's treatment If tn
Jews. As agitation is dreaded in bot
countries the understanding, here, i
tn 1t nothing will be done or said b
. either government to give ground fo
| q protest. until a treaty defining tn
re atoms OF the two countries caa b
agreed upon. In the usual course @
d plOmatic procedure, neither tn
NJ xican nor Russian difficulties ca
be settled during the present admin
i>;ration So, in addition TO the dc
nies-,c q i.stions Of trusts and tariff
the new administration will have t
deal with the Mexican and Russia
problems and also with the panam
, tolls dispute.
Indeed Mr.. Wilson's administratio
promises to be an eventful one.
Mr.. Carnegie says that he will hsv
, an opportunity to make for himself a
immortal name by inaugurating tn
judicial settlement of our information
al disputes and, though himself
Republican. Mr.. Carnegie promise
his earnest support, and that OF a.
peace lovers, without regard to part
affiliations.