Show 4 t 4 t t t 4 f WHAT TIlE THIS PRESIDENT T SAi SAIl SAID TO 10 CONGRESS f 4 44 4 Part Two TA 44 4 44 4 44 4 4 Tho The exercise of oC a judicial spirit by a disinterested bod body cpi m 44 4 4 the tho fc federal crl government s such sueh as would be he provided pro b by a commission on 44 4 4 conciliation and arbitratIon would tend lend to create an atmosphere of 4 4 friendliness and conciliation between contending parties 4 4 The coal like hike Ikc the for forests st should be treated as ns the property of or the 44 44 4 4 public and Its ls disposal should be under con conditions lons which would Inure to 44 4 i 4 tho the benefit of the public as a R whole 4 4 In my Judgment it will wm in the end be bo advisable in connection with 44 4 4 the packing house Inspection law to provide for putting a date on the tho 44 4 4 label and for tor charging the cost of Inspection to the packers packers f 4 ff f There will f ultimately be need of ot enlarging the powers of o the tho Interstate Interstate Inter- Inter 4 state Commerce commission along several different lines Jnes so as to give It 44 4 4 larger and more mOle efficient control over tho the railroads 44 4 4 In some Borne method whether by a national license law or 0 In other 44 4 4 fashion we must exercise and that at nt an carl early date a far fn more com com- COI- COI 4 t 4 piete control than at nt present over the great groat corporations 4 4 Our efforts should be bc not so much to prevent consolidation as such 44 4 and control It to that it results In no harm halm to 4 4 but so to supervise I as see sec 4 the people 4 4 The best way to lo avert tho very ely undesirable move o for fOI the lie govern govern- 4 4 mental ownership O of railways Is to secure b by the thc government on behalf 4 4 4 of the people as a whole such a adequate equate control an and regulation of or tho the 44 4 4 great interstate common carriers as will wi do 10 away with wih tho the evils ls c which 4 4 give rise t-ise to lo the agitation o against them 44 4 4 What hat we need is not vainly to try to prevent pre all al combination but tto b to 44 4 4 secure such rigorous and a adequate equate control and supervision of oC the com com- 44 4 to their injuring the public or existing In such 44 4 t 44 4 as ns prevent 4 form as Inevitably to threaten Injury 4 44 laws should forbid all 4 f 4 It I Is unfortunate that our OUI present al 4 tons Lions Instead of sharply discriminating between those combinations 4 and those combinations which do evil 4 4 which do good rood el why when next our system of or taxation l Is 4 4 There Thero Is every even reason h ou tho the national government should Impose a graduated Inherit Inherit- 4 4 revised 4 anco tax and ond I if it possible n a graduated income tax 4 4 t t tt 44 4 4 44 4 4 44 |