The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1901-12-07

| inevitably endangers the interests of all.
4 The fundamental rule In our national life.
the rule which underlies all others, Is that
| on the whole and In the long run We shall
go up or down together. There are excep-
| tions. and In times of prosperity some VIII
prosper far more and in times Of adyersi-
| ~ some Will suffer far more than others
but, speaking generally, period OF good
| times means that all share more or less
In them, and In period OF hard times all
| feel the stress to greater or less degree
| lie points TO the fact that In tug past
1.-THE ignorant or reckless agitatpr has
| been the really effective friend OF the
| Ing In dealing with business interests
/ for the government to undertake by
| crude and il-considered legislation to do
4 what may turn out to be bad would be
! to incur the risk of such far-reaching ma
| tional disaster that II would be prefer
able to undertake nothing at all The
| men who demand the impossible or the
undesirable serve as the allies of the
| forces with which they are nominally at
war. for they hamper those who would
endeavor to lind out in rational fashion
what the wrongs really are and to what
| extent and in what manner II Is prac-
ticabe to apply remedies"
Remedies for the Trust Evil.
But while he says the above IS true. he
yet sees many evils for which there should
be remedies provided. OF these evils the
chief is over capitalization. because O:
| its many baleful consequences. lie says:
| THE conviction of the American people
| tnal the great corporations, Known rs
trusts. are in certain Of their features and
| tendencies hurtful to the general welfare
Is based upon sincere conviction that com
| binatlon and concentration should be not
reasonable limits controlled. and in my
Judgment this conviction is right"
| AS remedy for these evils he says
The first essential in determining how
to deal with the great Industrial COM
binations Is knowledge OF the facts facts.
| he IN
inspect and examine the workings of
the great corporations engaged in inter-
state business. Publicity is the. only sure
remedy which we can now invoke. What
further remedies are needed In the way
of governmental regulation or taxation
can only be determined after publicity
has been obtained by process Of law and
In the course of administration. The first
requisite Is knowledge, full and complete
knowledge which may be made public
| to the world.
Artificial bodies. such as corporations
and joint stock or other associations de-
pending upon any statutory law for their
existence or privileges, should be subject
to proper governmental supervision. and
full and accurate information as to their
operations should be made public regu-
The large corporations, commonly
called trusts. though organized in one
state. always do business In many states
often doing very little business In the
state where they are Incorporated. There
Is utter lack of uniformity in the state
laws about them, and as no state has
| any exclusive interest In or power over
their acts 1t has In practice proved i'm
| possible to get adequate regulation
| through state action. Therefore I'm the
| interest OF the whole people the nation
should. without interfering with the pow
| er OF the states In the matter itself, also
| assume power OF supervision and regula-
ton over all corporations doing an inter
state business. This Is especially true
where the corporation derives q portion
OF It's wealth from the existence OF some
monopolistIc element or tendency in its
such supervision. Banks are subject to
II, and In their case II Is now accepted
as simple matter of course. Indeed 1t
| Is probable that supervision of corpora
lions by the national government need
not go so far as is now the case with the
supervision exercised over them by so
conservative state as Massachusetts in
order to produce excellent results"
The president believes that Il will be
possible TO secure the needed remedies
FOR the trust evil under the constitution
as II now exists, but II congress thinks
otherwise he recommends that n c)nstitu-
tlonai amepdment be subm tied that viii
COZ Ter the 20 Se' necessary.
In connection with the trusts M roc
ommends legislation creating a cabinet Of
ne.i 10 r. kromn IS SECRETARY OF gm-
with all ~ siions concern'1g comu cree.
lGLtr and the merchant maine.
Would Exclude the Chinese.
The message conc aims a strong rec nm
rIendatlon for T. e reenactment At ,n,.e
OF the present Chinese exclusion act, in
which connection he says:
wages are higher to-day in the United
States than. ever before in our history
and far higher than In any other coun-
try. The standard of living is also higher
than ever before. Every effort OF ,ecis.
lator and administrator should be bent 10
secure the permanency OF this conditi5n
OF thlnss and It's Improvement wherever
possible. Not only must our labor be
protected by the tariff but Il should a,so
be protected so far as II is possible from
me presence In this country OF any la
borers brought over by contract or OF
those who. coming freely. yet represent
a standard Of living so depressed that
they can undersell our men In the labor
market and drag them to a lower level
l regard IL as necessary. with this end
In View, to reenact Immediately the law
exciudihng chinese laborers and to
fect!ve"
an amendment to the Interstate commerce
law, as will protect the labor OF one state
from competing with the prison labor OF
another state, and also that the govern
tion by not purchasing goods made either
by convict labor or that In which women
and children are caused to work excessive
In the labor unions Of the present he sees
much thai Is good, In which connection he
VERY great good has been and will be
accomplished by associations or unions
OF wageworkers when managed with
forethought and when they combine In
sistence upon their own rights with law
| abiding respect for the rights of others.
| The display OF these qualities In such
| bodies Is a duty to the nation no less
| than to the associations themselves.
| FINALLY there must also in many cases be
action by the government In order TO
safeguard the rights ard interests OF all.
| Under our constitution there is much
! more scope for such action by the state
| and the municipality than by the nation.
| But on points such as those touched on
/ above the national government can act
/ when all In said and done. The rule OF
| brotherhood remains as the indispensable
| prerequisite to success In tile kind OF ma
| tionai life for which we strive. Each
man must work for himself, and unless
| he so works no outside help can avail
| him. But each man must remernher also
that he Is indeed his brother's keeper.
and that while no man who refuses 10
| walk can be carried with advantage TO
himself or anyone else, vet that each at
times stumbles or haIts, that each at