The Barre daily times. (Barre, Vt.) 1897-1959, 1914-01-08
This Is the View That Is
Held by the Pres
ident
TO GIVE CREDIT
IN COMING ADDRESS
His Attitude Constructive,
Public Officials
Assert

Washington, Jan. S-President Will
sons message to Congress relative to
trust legislation is expected TO contain
paragraph expressing the pleasure OF
the administration over the action OF j.
+. Morgan i company in starting to
break up the system of interlocking di-
rectorates. The president halls this as
representing a new attitude OF big bus
mess and is prepared to accept in good
faith the expressed willingness OF
numerous representatives of big busi-
ness to assist in the establishment of
economic freedom in the United States.
Announcement to this effect was made
yesterday in an authoritative way.
A few men in public life have been in
clined to doubt the sincerity of big bus
mess in letting it be known that it is
willing to cooperate with the admins
tration in the business of untangling the
community of interests, about which
there has been so much complaint dur
ing the recent years. Whether the house
of j. p Morgan & company intends
eventually to withdraw from all the big
corporations with which it has been con-
nected, and whether other great banking
institutions will disentangle their inter
locking drectorates are questions that
have been much discussed privately dur
ing the last few days. Very naturally
there are men in public life, some of
them connected with the administration,
who want to be shown before they will
believe that any considerable number of
the great trusts are at this time willing
to reorganize their business so as TO
L "A H..
trust law. The president is not among
the donbters. The administration view
is that big business is acting in good
faith; that it sees the futility of con-
tinuing to resist the tide of public sen
timent, and is really anxious to be a
party to constitution of peace"
So it seems TO be settled that the
chief executive in his so-called, anti
trust address to the legislative body
next week will give big business credit
for having seen new light. Big business
is to have a full and free opportunity to
continue to show that it is acting in
good faith. In other words, the presi-
dents address to the Congress, about
which there is much expectancy, will be
a message of peace and not of war. One
representative OF the administration
pointed out yesterday that if it should
turn out later on that big business was
not acting in good faith in its dealings
with the administration, it would be so
much the worse for big business.
Undoubtedly the address of the presi-
dent will invite those representatives of
big business who have been at war with
the federal government to come for.
ward and help perfect trust legislation
that will be beneficial to all concerned.
Attention was called to the fact yester-
day that the recommendations the chief
executive viii make in his address were
foreshadowed in his speech to the Con-
gTess on Dec. 2, when he said among
other things: 81 think that all thought |
full observers will agree that the imme- !
date service we owe the business COM
munties of the country is to prevent |
private monopoly more effectually than !
it has yet been prevented. think it will |
be easily agreed that we should let the !
Sherman antitrust law stand unaltered !
as it is, with it's debatable ground about |
it. but that we should as much as pos
sible reduce the area of that debatable |
ground by further and more explicit leg |
islation; and should also supplement |
that great act by legislation which will |
not only clarity it, but also facilitate !
It's administration and make it fairer to !
all concerned
The thought was expressed yesterday |
by a spokesman for the administration
that there cannot be much doubt about
what the president win want Congress
to do. "The only question is how are
we going to do it ?" said this person. IF