The Jeffersonian. [volume] (Atlanta, Ga.) 1907-1917, 1915-06-10

streperous. uncertain submarine that he OPP
posed few months ago because it made the
officers OF the navy use swear words. and with
the dreadnaught will have to be folding guns,
turrets, etc.-guns that will shut up like one
of these drinking cups that you get from the
news butch since the sanitary laws have run
the old drinking cup out, and gun turrets
that will collapse with the gun.
The Trusts have won another victory in
the decision handed down by the United
States District Court deciding that the Steel
Trust has not violated the Sherman anti trust
law, because the steel bushes is freely open to
competition.
This decision like the decisions in the To-
bacco Trsut and Standard Oil cases. leaves
the Trust more powerful than it was before,
and in few minutes after the decision was
known the price of Steel Trust stock began to
advance by leaps and bounds
In effect the District Court legalizes the
watering of the Steel Trust for $6O0,00OO0O,
and says that it did nothing wrong when it
got the advantage and gobbled up the Tennes-
see Coal and Iron Company.
To show how sincere the present admins
tration is to the people when the issue is be-
tween the people and big business, we quote
the following from the New York Times
Washington dispatch the Times being Will
son supporter of the friendly to Wall Street:
But while an appeal is probable there is good
reason to think that many officials high in the
Administration who closely interested in it's
political welfare are more relieved than depressed
by the failure of the suit. In the first place,
official remarked this afternoon, sit is
another Taft failure but more compelling in
this connection is the thought of officials
that the dismissal of the suit would have good
effect market conditions. The report that
Steel had advanced this afternoon was received
with open JOY.
1t has been known for many months that sup
porters of the Administration afraid of only
one possibility financial crisis. 1t was felt that
such crisis would almost certainly be laid at the
door of the party in power. As far back as last
spring President Wilson careful to show that
he was not hostile to big business, that he only
wanted it to respect the laws. For this purpose
he received delegations of business men, and his
friendly addresses to them were promptly made
public.
Since the early months of the fear of
crisis has subsidized, but the desire to avoid any
thing like batting big business has remained
While there have been no official announcements
on the subject lately, it is safe to say that no
responsible official wants to impose American
business any burdens beyond those inevitably i'm
posed by war conditions
With the many involved questions presented
by the case, it suggested today that President
Wilson would desire to discuss the matter with
his Cabinet before any further action by the De-
partment of Justice was decided upon.
"It is another Taft failure" and the report
that Steel stock had advanced was received
with open joy.
The Taft failure meaning that Mr. Taft's
Attorney General, Mr.. Wickersham, had
brought the proceeding against the Trust
and that what Mr.. Taft's Attorney General
had done in behalf Of the people had met
failure.
s.
In discussing the decision, Mr.. Wickersham
stated that che was not surprised at the de-
cislon," as "some recent decisions in the same