Weekly journal-miner. [volume] (Prescott, Ariz.) 1908-1929, 1914-01-28
PRESIDENT SPEAKS MORE PLAINLY.

little the presidents message Congress dealing
with the which the ournaAIner had not generally APP
proved advance Such question pressing for an
public opinion formulated into emphasis dsre
gardng waiting tactics of politics and politicians Practically
constructive legislation party lines disappeared for the moment
when the tariff law placed in the statutes The Re
publican party while maintaining the principle of protection
sautary and beneficial continued assert that the source Of
monopoly evil to be found elsewhere This contention
while long denied admitted in proposals submitted
administration for reaching the real Of
complaint Protection being overthrow, for time and
for complaint still existing incumbent upon the party in
power propose other remedies but proposals not
least should be treated purely party for that
They confessions that what called universal
long ago Republicans
deal with the remedies proposed in spirit of
roc opennndednes toward anything honestly intended to
the of evil effects.
We have approved, following advance OF
what this would contain the proposal the
Commerce Commission supervise and regulate the
financial operations of railway corporations We had already
recognized the principle OF safety involved prohibition
inocng provided legislation could make pos
sbe that directors openly representing nteoked corporations
replaced by adro and efficient perhaps
but counting less in the voting of pooled stocks We
swept off feet by cry surrender the withdrawal
of Mr. Morgan and members of his staff from numbered dir
eorates And made reasonably clear that the president
although he used the word surrender in several places has
caught sight OF the possibilities exchange between King Logs
and King Sorks After discussing ACCESSIBILITY prohibit
ing holding companies he But what of the controlling
ownership OF Individuals actually groups
fered to be themselves effect holding ompanies We do
wish suppose forbid the purchase of stocks by any person
who wishes buy them, arbitrarily limit the
sale of stocks bona fde purchasers Shall require
owners of stock when their voting several companies
which ought be independent of another would
actual control make election which of
else their right vote: This question con-
sideration"
very big question, indeed which Congress
likely have final arbitrament proposal of all Inter
state Trade Commission had qaifcdy approved
are glad to that he qualify about did
his that the country would Instantly approve such
body but would wish empowered make terms
with monopoly. He is evidently willing. 10 begin CAM
paign against price cuttings, such
be Just but found provoke popular wrath He would
guilt personal and punish individuals the responsible officials
OF law-brcang trusts That far he goes beyond
beyond nearly all of the jurie before which trials
In the MAN, the message explicit practical in
terms than OF the previous messages has read to
to be embodied legislation and proposing business
interests shall be full and fair hearing before
taken and that action when taken shall fix the law
operation the interests affected opportunity to
adjust themselves conditions There no party issue in
this problem and there be party question arise
cusSion further than Mr. Wilson himself by party
caucus rule committee and in the Public opinion
which has been fooled by the cutlery against tariff duties
behind all honest effort reach and destroy
OF monopoly and OF oppression prices Should the effort fail
the party in power be held responsible.