New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-02-28
SAYS TAFT TRUST
VIEWS WERE RIGHT
StimSOn Asserts Democrats
Took Many Ideas from
EX-PreSident.

Henry T.. Stimson. former Secretary OF
War. delivered tho principal address at
meeting Of tho 9th Assembly District
Republican club last night at which
President Wilson'S antitrust measures
and the proposed amendments to the
Sherman act formed the topics Of discus
sion.
at is gratifying" said Mr.. Stimson,
"to note that the Democrats. after bitter
ly opposing the Republican principles. now
have substantially adopted most OF Mr..
Tafts views on the trust question. The
Republicans and Democrats are now on
one side i'm believing that big business
is permissible. bat that monopolies should
not exist. only the Progressives take the
position that monopolies should be legal
ized and regulated.
"'rhe Sherman act is an excellent meas
ure. and should be left OF the books.
There should. however. be two additional
statutes passed. one Of these should de-
fine specifically the criminal steps in the
management Of corporation affairs and
make it simpler to convict tho individual
on criminal charges. the other should pro-
vide for a federal administrative bureau
to regulate corporations. just as national
banks are regulated by the government.
Both OF these were Republican meas
urcs and both have been adopted by the
Democrats
a third Republican principle that the
Democrats have not vet adopted is that
OF federal INCORPORATION. That would be
the most effective and least harassing
method of keeping big business within
the law. and i'm time ii IS bound to come
Edward 5. Avery. banker, declared that
the American Federation Of Labor mad
selected the Democratic party as the
champion Of labor
"The Democrats" he continued were
without a definite national policy, and
therefore free from traditions and alli-
ances sntagonistic TO labor's demands.
Thus labor's policies became the national
policies Of the Democratic party Tie
Democrats formed an alliance between Or
ganized labor and farmers alliances N
1912. and Mr. Wilson was elected Presi-
dent by party which had evolved into
a labor party
1T IS labor's legislative programme that
is being championed by Mr.. wilson If
national prosperity through a government
considerable OF all be the war cry Of the
Republican party il will again come into
power. because the Democratic party, rep
resenting a minority OF the people, Will
sooner or later. through arrogance and
greed. ALLEVIATE majority Of the voters.
lust as u already has done in New York
state"
CORTLAND Nicol. former alderman. also
spoke on this subject.
Mr. Wilson is right" ne asserted. If
YOU believe that competition is the sole
end to be obtained: he is wrong if YOU be-
leve that we can make use Of monopoly
for the benefit Of the public"
SCHUYLER Never. Progressive. Assembly
man from the 9th District. denied that
the election O. Homer D. Call as State
Treasurer. was the result OF a conspiracy
between the Prosressives and Tammany
Mayor Mitchell made many friends for
the Goethals bills while in Albany" said
Mr.. Meyer. and believe that they will
pass the Assembly. In my opinion. how
ever they will not get through the Sen
ate