The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1901-12-04


many states. often doing very ',e business in Ne
state whrr" they arc Incorporated. There is uttc'
lack of uniformity IN the state laws about them and
state has any exclusive interest IN power
their acts 1t has in practice proved impossible
t" get adequate regulation, through state action.
Therefore, in the interest of the whole people the
nation should, without interfering with the power Of
the states In the matter itself. also power
supervision aud regulation all corporations doit;
An interstate business This is especially wh,.',
the corporation derives portion or its wealth tr,n'
III" "vstcnoc of monopolis,ic element ,,n.
'ercy in its business There wond be hardship IL
smh sup"INision banks are subject to ii. and in their
ease II is accepted d simple after of
Indeed it is probable ra, supervision OF corporations
h. the national government, need not go tar l.
now the case with the supervision exercised crer
them hN 50 conservative state as Massachusetts in
order 10 produce excellent results.
When the Constitution adopted the end OF
The eighteenth century. no human wisdom could fore
tell the sweeping changes. alike in industrial and rol-
tiral conditions. which were to take place by lh.
beginning ot the twentieth century. At that time II
vas accepted as matter Of course that the several
states we're the proper authorities to roguat" far
rs was then nocessary the comparatively nsen.n
cant and strictly localized corporate hode* OF IKE
day. The conditions are wholly different nrh
Wholy different action is called for. | believe that
a law can he framed Which will enable the natio,.ai
oNernment to exercise control along the lines above
Indicated proiinc by the experience gained through
the massage and adminstretio ion Of tho interstate.
Commerce A"t. IT. however the Judgment Of III"
congress is that IT lacks the constitutional roNcr /"
should he submitted Ia confer III" power.
Wants New There should he ted d cabinet
Cabinet Officer. officer be known ~ secretary
OF commerce and industries,
provided in the bll introduced The last session Of
the congress 1t should be his province deal w!ti
"onrnerre in its hroadest sense including amorI
many other things Whatever concerns labor and all
mat ters affecting the great business corpora ons an,
our merchant marine.
ne comprehensive and tar-reaching scheme of
slucttNr sihlesmanship for The purpose OF hroade.
ing our markets securing our business interests
safe basis. and making firm position in III.
International Industrial world: while scrupuously
safeguarding Tie rights of wage-workcr ana capital
sl of investor aud private citizen. 10 sect;ry
equity as between man and man in this republic
With the sole exception of The farming interss.
no one matter Is of such vital moment 10 whoi'
people a. the welfare of the wage. workers II Ike
farmer and The waSe-workar well off. ii is ALSO
tely certain that all others Will be well Oft Il
is therefore matter for hearty congrat tula ion Ihd.
nn the whole higher today in The United
States than before in history and far higher
than In amy other country. The standard OF living is
ais" higher than before. Every effort Of iegsH
tor and administrator should b. heui The
'ermanencN OF tins condition Of things and its i'm
labor be protected by the tariff. but it, should also
protected so FAR as it is poSsib's from the presec"
this country of any labore,s brought by
tract. or Of those who. coming freely. represent
standard Of living depressed that they
nnderSell our in the labor market and drag
End in Wow, to re-ena,t Immediately the law eXcud-
ing Chinese laoorers and TO strengthen 1t wherever
necessary in order make It's enforcement entirely
rnectivs.