The Bridgeport evening farmer., 1914-01-23
5 IsaTTsIIlSlIIszasssIT MEN ZlR.FsPoNDING
To the. Appeal of President Wilson Moral Victory for the Admin
 istration.

A moral victory IS WoTlhs q ssoos- ss r 70 ... more than illegal victory. and the vic IIories the administration is winning l these days are moral in character. President Wilson, in an address de- livered to business men of Chicago, January Il. 1913. pleaded for the cor ioperation Of business men In these words:
 have made promises WhicfI re- Igard as intimately Involved with my essential honor. can serve only one master, and no group Of lndlN1uuals can speak for my master am strt1s-
 tee for the prosperlIy g9f sns ss Illee4 et common counsel, the counsel that does not include you is imperfect counsel, lis counsel which will mislead Ion f you come in? Have you not come in? Is not your purpose to re-esta.p- l fish economic freedom in the U nited States? Aren't we all in the same boat Can't I enlist you in the com mon nterprise? There is no bright prospect otherwise
 The first fruit of this invitation or the, President to business men to co- Ioperafe fully and in good faith with the adIninistr ration in it's announcer purposes and policies of business sim IDlifcatioIls was the decision of the American telephone and telegraph companv to divorce the Western I mon l Telegraph company and extend q coz ~Fl Telephone companies of the country IThe second bit of ripened fruit was gathered when J. P Morgan & Co announced their retirement. from the ldirectorates of 27 corporations OI these two Evoll1n tary actions. that of J P. Morgan & Go. is locked on nefe as the more significant
 The American Te1ephone and Iele- graph company was charged With Vlo- Iatifle the Sherman antl-tru usIs law. law . There is no law on the statute Spoohs fDrohibiting intoxicating directorates, and so the firm of J. F. Morgan & Co- recognized as the most powerful man cial Institution of the continent. was l not moved by any fear of i1nmeulatae fprosecutionr The head of this firm
 frankly admits that he ana ms asso- lciates have recognized the apparent change in public ointment
 The Wilson administration is, Of course. responsible for this change Of public sentiment, or at least respon- sibIe for the new conscience Whleh l,as b.a. taken nossession of men respon- sibIe for the big business or the coun-
 Al no time since the 4th of last March has the nesv President made any threats against these men who for years have controlled big business. He has Simply stood firmly on the
 pla atform that .tthe colossal comTnun-
 ifv If interests" in this country must
 be untangled Persons on the inside
 here have known for weeks that the
 leayen was working and so there was really no surprise at all when the an
 nouncement came that the firm of J. P Morgan & Go. had decided to dis
 entangle itself, in part at least, From
 this ..cornmunity of interests.
 Unless all signs are misleading the
 business of untangling has just begun, Iand it will continue to be largely
 voluntary movement. It is assured
 that other great banking institutions
 will. in deference to public sentiment
 be obliged to follow the example set
 by J. F. Morgan & Go.
 The entire time of the attorney-gen- Eeral is now taken up with conferences
 with industrial trusts that desire to make their bow to public sentiment
 During the present week he will meet
 the representative of the New Haven railroad. conferences with the rep resent atives of several industrial
 trusts are scheduled for the week. They all have in view a peaceful set clement of pending or prospective Hti- : In some quarters ethe impression seems to have gone out that the ad- .ainistration has decided to lease up On the trusts. This is not the case The administration, as everybody close to it here understands, has put one
 plank in it's antitrust platform, and it is Nthat the trusts. must obey the
 law Of course, it is gratifying to
 the administration to have large
 number of. the industrial corporations indicate that they are willing to be
 from this time on. It
 can be stated as a fact that where
 trusts do not voluntarily agree to obey