| Show FAVORS FA V RS RECLAMATION TION T OF WESTERN ARID LA LASH LANb m Forest For Reserves Should Sho ld Be Protected and Govern Government Government Government ment Build Mountain Storage Reservoirs Advocates Amendment of Interstate Commerce Act and Exclusion E olus n of Chinese Laborers f St Jf OJ p Die make ID foreign rogn markets essential Under suaI conditions C it would be most t WI to cramp e ra or o 0 r to fetter the youth youthful t I ful t f o r nation DAtion Moreover tb If i t too often be pointed out thai th to strike at ke with wita ignorant 19 Ignorant or orant ant violence t n of oC one set of men almost inevitably endangers the interests of all The rhe fundamental mie rie in our national life the rule which underlies all others is that on the whole in the long Jon run we shall shan shano go o up er cc r down together There are aree exceptions e and ud in times of prosperity some e will prosper pr l far more totA lid in times of adversity some pome will suffer sutter far more Inure than others but speaking s kins gen generally emily emU a period of good times means that t at all aU share shore more or 01 less in them and in a period of hard times all feel the stress to a greater or less degree It surely ought not to be necessary to enter into any proof of this state statement statement ment the memory of the lean Jean Iea years which began ti i l Isn is still vivid and i we can eaD contrast them with the tile condi conditions I this very year which is now closing Disaster to great business bus ness en enterprises enterprises enterprises can never have bave its effects lim urn limited limIted to the men at t the top It spreads throughout throughput and while it is bad for everybody it is Worse for Cor those far Car farthest farthest theat down don The capitalist may be shorn of his luxuries but the wage worker may be deprived of even bare bre necessities Calm Deliberation Necessary The mechanism of modern business is isso isSO isso so delicate that extreme care must mu t betaken be betaken e taken not to interfere with it In a spirit of rashness or or ignorance Many Inny of those thOle who have made it their vocation to denounce the great industrial com corn combinations which are popularly although with technical inaccuracy known as trusts ts appeal especially to hatred and anti fear These are precisely the two Lure WO emotions particularly when combined with ignorance which unfit men for forthe forthe the exercise of ot cool coot and steady jug judg judgment moot ment 4 In faring facing new industrial condi c 4 4 tons tiona the whole history of the t e 4 4 world shows that legislation will willIi 4 4 Ii be both bosh h unwise and Jn 4 oft elective unless undertaken Ute after 4 4 calm cairn Inquiry and with sober ober self 4 4 restraint le Much lluch of the legislation 4 4 directed at the trusts would have 4 4 been mischievous had it not also ahio 4 4 been entirely ineffective In a j 4 with a on sock soei i 4 4 logical law Jaw the ignorant or reek reck 4 I 4 low Jew agitator has hu been ben the really 4 4 effective friend of the evils which 4 4 he has been nominally opposing 4 In dealing wigi business interests for Cor the government to undertake by crude rude and legislation to todo todo todo do what may nay turn out to be bad woul c i fee be to Incur bleur the risk r It of r sea ih Ii r lug ins In national disaster that t it If preferable to undertake 11 The men who ho demand the I IOP ori or OP the undesirable serve ller as the allies of the forces with which they are nom neat nominally at war for they hamper heper those who would endeavor to AVd i out in Is ra rational rational rational fashion f what the wrongs rely really are ar and to what extent and in what manner it is practicable to apply rem rein remedies remedies edies etheL All this is iii true and aDd yet it is te atea go true that there are real rep and grave ve evils one of the chief being because of Its at mini many hate hateful ful consequences and a 01 practical effort must be mad mads to cur Cor Correct these evils Views of the People There is I a widespread conviction In 18 Inthe inthe the minds of the American hit st the great corporations corporation known a as trust are in certain of their features an 4 tendencies hurtful to the general metal wel wet welfare welfare fare fre This springs from fr m no spirit ol of 1 envy or nor lack la oi ot pride in the great achieve achievements achievements ments that have placed this country at the head of the nations struggling for commercial supremacy It does doe pot ot rest upon a lack of intelligent appreciation appreciation atlon of the necessity of meeting m changing conditions condition of trade with new Bew methods nor upon ignorance of the fact that combination of capital in the dae effort to accomplish gr 4 things is necessary necee ary when the worlds w progress demands da that great things thine be done Itis It Itis Itis is based upon sincere conviction that combination and concentration should be not prohibited but supervise s and td d within reasonable limits limite controlled and in my judgment this conviction is I right It is in no limitation upon property rights or freedom of contract to require that when men receive from govern government ment the privilege of doing business e under Corporate form which frees them from individual responsibility and en eB enables shies ables them to call an into their enterprises the capital of the public do 10 doso doso so upon absolutely truthful represents representations tiou as 1 to the value of the property in inI I which the be capital is to he tie Invested ted Corporations engaged in interstate ate ateI commerce should be regulated if they I are found to exercise a license l se working to the public injury It should be as II III much the aim of those thole who seek for I social betterment to rid the tile business world of crimes of cunning as to td rid the entire body politic of crimes of vio violence yb lence Great corporations exist only y because they are created sad and safe aIe safeguarded safeguarded guarded by other and It Is therefore our right and aad fIr to t see eee that they work in harmony with these I institutions |
