Mexico weekly ledger., 1901-12-05

~ mile which underlies all others, Is th1t
on the whole and in the i2ng W W s
20 IN or down together. There are e1ceR,
lions, and IN times Of prosperity sone VII
prosper far more and IN ttmes o. s1hst
~ some viii suffer far more tn1n eSnnSsi
but speskins generaily' b : es more or less
ia them, and in a period OF nara t-
feel the stress 10 a greater OF 70 no.t
lie points 10 the faet tnat ~ has
hsen he resily sFecttve friend OF inc
evils which he has been nomihAAl opp
Tag In dealing with business lhee
crude and il-consldered legislation g 90
what mS- .a.n out to be bad wouLo "
70 incur the risk OF such far-reaehlnG ms
uonai disaster 2 y Ms !, al The
men who demand the imposSibie OF the
undesirable serve as the aIhes
forces with which they are noEinAns T.
war, for they hamper those VINO VIZ
ndeavor 10 and out in rational tasnion
what the wrongs really are and 70 Mhat
extent and In what manner II II prae
ticaole to apply remedies
Remedies for the Trust EVIL.
But while be says the shove is trus, be
yet sees many evils for Hhieh sne sSiis ne
chef IS over capitalization. because o.
It's many baleful consequences lte says.
'sThs conviction Of the American peop.s
that the great corporations kaoNh "
trusts. are in certain OF their features aho
tenderness hurtful to the general welfare,
IS based upon sincere conviction that com,
bination and eoneentEsnoh snUusa SSlthin
reasonable limits controlled; sne IN my
Judgment this conviction is RICH"
As a remedy for these eYlls ne ShSs
s-The first essential in determining now
to deal with the great industrial com
binations is knowledge OF tne Iaets-
publicity. In the interest OF the plple
the government should have the right 70
inspect and examine the workings OF
TIA great corporations engaged in inter-
state business. Publicity is the only sure
remedy which we can now invoke Wnat
Of governmental regulation or taxation
can only be determined after puohelty
has been obtained by process OF law and
Ia the course Of Administration. The nrst
requisite Is knowledge, full and complete
knowledge which may be MADE pubic
to the world
and Joint stock or other associations de-
bending upon any statutory law for their
existence or privilege, should be subJect
10 proper governmental supervision, n
tuif and accurate information as TO their
Operations should be made public regu-
lariy at reasonable intervals"
'The large corporations, commonly
called trusts, though orEsnlkea IN one
often doing very little business In the
state where they are incorporated. There
! Is utter lack Of uniformity In the state
! HAM ADDuL AEHH AAA - III AAEN1 AA&A
any exclusive Interest in or power over
J their ac6 Il has in practice proved Inn
possible 20 get ADEQUATE regulation
: through state action. Therefore IN the
interest Of the whole people the nation
) should. without interfering with the pow
tr OF the states IN the matter Itself, also
assume power Of supervision and regula-
I ton over all corporations doing an inter
state business. This is especially true
I where the corporation derives a portion
I Of It's wealth from the existence o. som.
& ~monopoiistic element or tendency IN III
! business There would be no hardship u
2 such supervision. Banks are subject {,
IT. and In their cast It Is now accepted
5 a simple natter Of course. Indeed I
I tons by the national government nee'
I mot 20 so far as Is now the case with tn
= supervision exercised over them by >
Z conservative n state as Massachusetts, 4
y order to produce excellent results"
y The president believes that 81 will b
possible 10 secure the needed remodie
y Tor the trust evil under the constitutes
y as Il nov exists. bur If congress think
= otherwise he recommends that a c1nstitu
. tional amendment be subm tied that vii
= cor fer the 20 EeY necessary.
In connection with the trusts he rec
= ommends legislation creating a cabinet OF
!. hcer. to be Known IS secretary OF sonl
y ne.ce, .whese titles would be to dea
= with all dnsstions concerning commerct
lster and the merchant matine.
~ Would Exclude the Chinese.
Inc messages AyAtdlA4 a 5lTQuk TGCJU
y mendation for lie reenactment at Jnc
OF the present Chinese exclusion act, I
s which connection he says:
" Wages are higher to-day in the Unite
- States than ever before in our histor
- and far higher than in any other cour
~ try. The standard OF living Is also hight
= than ever before. Every effort OF icgii
~ iator and administrator should be bent I
= secure the permanency of this condiuo
Of things and its improvement wherevt
% possible Not only our labor I
\ protected by the tariff, but II should ais
- DO protected 50 far as IL Is possible frol
the presence in this country Of any Il
H. borers brought over by contract or
- those who. coming freely. yet repressI
~ a standard OF living so depressed thu
M they can undersell our men in the lab,
ur market and drag them TO a lower ieve
~ | regard II as necessary. with this en-
nd In view. to reenact Immediately the Ia
~ excluding Chinese laborers and !
Va strengthen X wherever necessary IN o
X. der TO make its enforcement entirely .
~ fective-"
~ He also recommends such legislation. !
M an amendment to the Interstate CONNER
on law, as viii protect the labor Of one sta
M from competing with the prison labor
Of another state. and also that the Cover
ment cease being q party 70 this compel
~ ton by not purchasing goods made eth
nj by convl labor or that In which woml
ne and children are caused to work excessi
AZ. In the labor unions Of the present he se
zen much that is good. in which connection
says:
ne accomplished by associations or unio
To- OF waEeworkers when MANAGE vi
len fo~rethought and when they combine
of nlstence upon their " rights with Ia
I'VE abiding respect for the rights OF othe
er. The display OF these qualities IN 81
bodies Is a duty to the nation no Il
than 10 the associations themseivl
Ted Finally there must also In many cases
oHe action by the government IN order
safeguard the rights and interests Of {
OF Under our constitution there IL mu
run mora scope for such action by The Rti
In and the municipality han by the NATL
ich But on points such as those touched
It above the national government can act
DO "When alt is said and done, the rule
me brotherhood remains as the tndispenEal
our prcrequisite 10 success IN the kind % Z
1si- tionai life for which we strive. En
Of man must work for himself, and uni
ien- be 20 works no outside help can Nv
be him. But each man must remember q
the that he is indeed his brothers. keep
and that while no man who refuses
tied walk can be carried with advantage
nee himself or anyOne else. yet that each
ioEt times Htumbles or haita. that each