The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1901-12-10

9 the coming to this country of anarchists
or persons processing principles hostile
| to all government and jushfying the
murder of those placed in authority.
Such individuals as those who not long
ago gathered in open meetings 10 glorify
the murder OF King Humbert OF Italy
perpetrate a crime and the law should
insure their vigorous punishment. They
and those like them should be kept out
! Iof this country; and If found here they
should be promptly deported TO the coun
try whence they came; and far-reaching
provision should be made for the pun
kishment of those who stay. No matter
| calls more urgently for the wisest
thought of the Congress.
The Federal courts should be given jur-
isdictiou over any man who 41llls or at
tempts 10 kill the president or any man
who. by the Constitution or by law, Is
in line Of succession for the presidency,
while the punishment for an unsuccess-
ful attempt should be proportional 10 the
enormity OF the offense against our in
stitutions.
Turning to the condition of the country
at large. the president says business con-
fidence has been restored and the nation
is to be congratulated upon it's present
abounding prosperity. He comments up
on the greater growth OF cities than the
country, and upon the growth Of for
tunes as well, saying that the creation
III the great corporate fortunes Is not
due to the tariff, nor to any government
al action but TO natural causes in the
business world. He comments too upon
the fact that the rich have not grown
richer at the expense Of the poor, for the
wage Garner was never an better condi-
tioa that at the present time. AS to
dealing with corporations ne says tho
personal equation is the most important
factor in business operation. and that
the business ability Of the man at the
head OF concern fixes the gulf between
success and failure. He points out the
fact that similar conditions as 10 cor
pora tions exist in all other countries and
that to strike at the interests OF one set
of men endangers those of all others.
lie compares the lean years Of 1898. be
ginning in 1898, with the period of tlentE
now existing. and says ii is better to
make laws than to enact inconsiderate
legislation, saying the laws of the past
against trusts would have been mis-
chievous had they not been ineffectiye.
After further comment along these lines.
ne says:
All this is true: and yer it is also true
that there are real and grave evils, one
of the chief being over-c r-capitalization; be-
cause OF its many baneful consequences;
and resolute and practical effort must
be made TO correct these evils.
There is a widespread conviction In the
minds OF the American people that the
great corporations known as trusts are
in certain Of their features and tenden-
ctes hurtful to the general public. This
is based upon sincere conviction that
combination and concentration should be,
not prohibited, but supervised and, with
in reasonable limits controlled and in
my judgment this conviction is right.
The first essential in determining how
TO deal with the great industrial comti-
nations is knowledge of the facts-pub-
licity. In the interests Of the public, the
government should have the right 70 in
Spect and examine the workings Of the
great corporations engaged in interstate
business.
tn the interest of the whole people. the
nation should without interfering with
the power of the States in the matter it.
self. also assume power Of supervision
and regulation over all corporations do
ing an interstate business
There should be created a cabinet Off