ROOSEVELT'S WAR ON THE TRUSTS.

Wanganui Herald, Volume XXXXII, Issue 12379, 3 February 1908, Page 5

ROOSEVELT'S WAR ON THE TRUSTS.

A Bpecial Meeting to Congress. Democratic Measures Urged. Press Association.— Telegraph.— Copyright. Received February 2, 4.17 p.m. NEW YORK, February 1. In what on all hands is admitted to be the most impassioned and stirring document ever issued from the White House, and which takes the form of a special message to Congress, President Roosevelt Vehemently denounces the methods of the Standar/j Oil Trust axul the Aehison lime,. and tlie whole web of business corruption. He urges that further legislation be passed, | , And, suggests the prevention of the grosser j forms of gambling in stocks and the fu- I ture's commodities. Regarding railroads, President Roosevelt says they should issue stocks and bonds only in a manner approved by the Federal Government, and the proceeds should be used for improvements, not for the enrichment of either an . individual or a syndicate. The Federal Government must assume certain measures of control over the physical operation of railroads in,, handling inter-State traffic.' Bepidejs thejir own rights, employers must be impressed with their obligation and duties towards their employees, investors, and the general public. ' President Roosevelt recommends, inter Jilia, the re-enactment of the ' employers' liability law in conformity with the Supreme Court's decision . that it should be ' confined to a corporation doing inter-State buijneat. - The Democrats in both Houses applauded the message. . , "In the Senate, Jefferson Davis described the message as the best Democratic document that had ever emanated from a Republican President.