Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-12-03
'PREsDEN| MESSAGE
TO the Senate and House OF Representa-

We still continue In period of IN.
bounded prosperity This prosperity i,
not the creature of law, but undoubtedly
the laws under which we work have bsey
instrumental in creating the condition.
winch made 1t possible. sud BY unWiSa l.s.
islation II would be easy enough to DESTROY
1T. There will undoubtedly be periods n,
depression. The wave VIII reeede. bur tho
t'ae "A4 advance. This nation is seated
on continent nanked by two rrea,
oceans. 1t is composed of men The de-
scendants OF pioneers or, in "A sense tio.
neers themselVes-of men Winnowed out
from among the nations of the old world
by the energy holiness and love of ad
venture found in their own eager hearts.
Such nation SO placed will surely wresr
success from fortune,
AS people we have played a large part
In the world, and we are bent upon ma k
Ing our future even larger than the past,
IN particular the events Of the last four
years nave definitely decided that for woe
Qr ior Wea! our place must be great among
the nations. We may either fail greatly
Or succeed greatly. but We cannot avoid
failure or great success must come Even
II we would we cannot play small part
II we should try, all that would follow
would be that We should play large part
igpobly and shamefuly.
But our people, the sons of the men of
the civil war, the sons of the men who
had iron in their blood rejoice in the
present and face the future high of heart
and resolute of will. Ours is not the
creed of the weakling and the coward.
umphant endeavor., We do not shrink
from the struggle before us. There are
many problems for us to face at the out
set OF the twentieth century-grave prob
lens abroad and still graver at home-but
we know that We can solve them, and
solve them well, provided only that we
bring to the solution the qualities of head
and heart which We're shown by the men
who in the uays of Washington founded
this government and in the days of Lin
coin preserved 1t.
No country has ever Occupied higher
plane OF material well being than ours at
the present moment. This well being is
to the play of the economic forces in this
country for over a century; to our laws
our sustained and continuous policies;
Of our citizenship. Great fortunes have
been won by those who have taken the
lead in this phenomenal industrial devel-
been won not by doing evil, but as an In
stdent to action which has benefited the
fused among our people, Great fortunes
have been accumulated, and yet in the
sssS ba, these for fortunes e. are small In
people as a whole The plain people are
better off than they have ever been be-
are re- practically mutual b enefit Societies. e"
especially helpful to men OF moderate
Means-represent accumulations of CAPT.
country. There are more Deposits in the the
savings banks. more owners Of farms.
more we'll paid wageworkers In this coun-
OF course when the conditions have IA
Eood they have also favored somewhat
pently necessary that we should endeavor
TO cut out this evil, but let US keep due
sense Of proporttSon let US not in xihg
fome Of them are mena ding, but they are
Sp Of prosperty Of the progress Of our
gigantic industrial development This in
3setrial development must not be checked,
sSs ds by side With It @ r. ssh
the eyils We should fail In our duty II
We did not try to remedy the evils. but we
y, with practical common sense as well
e resolution separating the good from
In my message to the present congress
at it, hrst session discussed at length |
the question of the regulation of those |
terstate business often with some tenden-
cy to monopoly. which are popularity |
known as trusts. The experience of the |
past year has emphasized. in my opinion, |
posed. fundamental requisite Of social
efnciency IL a high standard of individual /
energy and excellence but this is in no.
wise Inconsistent with power to act IN
well be achieved by the individual acting
alone. A fundamental base Of civilization
Is the inviolability Of property: but this is
in nowise inconsistent with the right OF
artificial powers which 1t confers upon the
owners Of property under the name Of cor
porate franchises in such way as to
prevent the misuse Of these powers. Cor
80 lie irot innC nf
corporations, should be managed under
public regulation. Experience has shown
that under our system of government the
necessary supervision cannot be obtained
achieved by national action. Our aim is
not to do away with corporations On the
contrary. these big aggregations are an
inevitable development Of modern indus
would be futile unless accomplished in
ways that would work the utmost mis-
chief to the entire body polite. We can
DO nothing Of good in the way OF regulat-
Ing and supervising these corporations
until we AZ clearly In our minds that we
are not attacking the corporations. but
endeavoring to do away with any evil In
them. We are not hostile to them we
are merely determined that they shall be
10 handled as to subserve the public good.
We draw the line against misconduct, not
against wealth. The capitalist who, alone
or in conjunction with his fellows per
forms some great industrial feat by which
he wins money is a welldoer, not wrong
doer provided only he works in proper
and legitimate lines We wish to favor
such man when he does we'll We wish
TO supervise and control his actions only
TO prevent him from doing Ill. Publicity
can do no harm to the honest corporation.
and we need not be overtender ABOUT
sparing the dishonest corporation.
In curbing and regulating the combina-
tons of capital which are or may become
injurious to the public we must be care
full not to stop the great enterprises which
have legitimately reduced the cost OF pro
ducton not to abandon the place when
our country has won in the leadership OF
the international industrial world. not 70
strike down wealth with the result OF
closing factories and mines. OF turning
the wageworker idle in the streets and
leaving the farmer without market Tor
what he grows Insistence upon the i'm
possible means delay in achieving ths POS
Rible exactly as on the other hand, tne
defense alike Of sx What sy.Fe%
the resolute effort to obstruct any at
tempt at betterment hetrays blindness to