OCR Text |
Show W. L DOUGLAS' TRUST PLAN Manufacturer Thlnkt Government 6hould Obtain Publicity by a License System. I.argn bindncM orKaiiliatlnna bnve r rtu to flu)'. Wo aliiiot v buck to old ( ondllloiiH. Wo TiiilBt un ci world 'omiit'tttlim. I.nrKo chihitiih n pro-dure pro-dure KiM'dri nt lowrr otit tlian nmitll oin-H. (iciiiiany favorsi laiK' irp'ra-t irp'ra-t ion r. Tin nif i hod of ilio pri-Ki'tit n;i-llonal n;i-llonal nilmiiilslratlon I to (llcn"lv lliti Rri-iit orRanlzatmni and inak tln'in ntnall.'r, which la n backward, Hit'p. Thfi't' nhmild bt no limit to n corporation doinn a lare and It-KHl-inatd biisltit'HK, (twcli an would bo pos-Hililn pos-Hililn under t !, licensing plan which 1 favor, wrltcH W. h, I )ou:!aa, former Kovcrnor of MaKa('hunflta, In the liOKton Herald. rrejudlrea apaltiHt corporation merely bocauHA they nr bis. perhnpt. nmat be done awny with. Thoy Rive labor better roturn. They cheapen product and thus lwnellt the roiiaum-cr. roiiaum-cr. They plve opport unit tea to arnnll InvoatorH who Ret rpturna otherwlnn unattnlnubln. They einiloy ahlo youiin men who have no capital at all, but who receive handsome nal-arlt-a for their ability and arrvlc. Jn place of the Sherman law It la my opinion there should be a department depart-ment at WuHhlnston to grant llrenHoa to all manufacturers and corporations In this country who do an Interstate commerce bUHlncna. The law should be made so clear, plain and definite that It could not e misunderstood. It should require ajl capital to be paid In full. Semi yearly statements should be given to the public: and certified by a public accountant. ac-countant. There should be a board of examiners In each state to look after aft-er these corporations Just as our national na-tional banks are watched by the national na-tional government. They should have the right to enter the ofllces and examine ex-amine the records of all the directorates direc-torates of tbeae companies. |