Evening Republican, Volume 16, Number 244, Rensselaer, Jasper County, 11 October 1912 — WILSON AND THE TRUSTS. [ARTICLE]
WILSON AND THE TRUSTS.
[lndianapolis Sun—(Bull Moose).] The secret is out. Woodrow Wilson does not want to regulate the trusts. He wants to “put them on their mettle." He told a crowd of Princeton students that just before going to the polls to vote in the .New Jersey primary. He also wants “to see that the trusts can’t put anybody out of business, except by doing business better than anybody else.” He should know that the trusts hare reached a point in organization, economy and efficiency by which they can put their competitors out of business by doing it “better than anybody else,” and by that alone. The professor does not “want to squeeze water out of their stocks." Par be it from him to do anything practicable. He wants “to put the water in a tank on their backs and see if they can carry that water as against the men who are doing business without any water to carry.” The professor neglected to say by what process he would transfer the water from lithographed stock certificates to the basks of the stockholders. Also, he forgot to explain how he would meet the opposition of the thousands of stockholders who hold the water for value and who may be depended upon to resist any artifice to increase the poignancy of their grief incident to the discovered fiction in values of the aforesaid stock. Prof. Wilson expects the trusts either “will break under the strain" or “get rid of. the water themselves under competition.” , f Let the professor go on expecting it! It is not material what he expects. He is going to restore competition by breaking up the trusts and he is going to break up the trusts by restoring competition. By restoring competitioh, he is going to make it difficult 5 for trusts to carry watered stock and when trusts no longer carry watered stock he will have restored competition. Was ever dog or cat more completely lost in chasing his tail than Prof. Wilson? Was ever man more thoroughly involved in following the circumference of a circle than the New Jersey schoolmaster, in his logic?
