The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-09-21
SPEAKS TO OHIOANS
THE PRESIDENT STRICTLY IN EVIL
DENCE AT CINCINNATI.
TRUSTS AND CORPORATIONS.
THIS THE THEME OF HIS LENGTHY
ADDRESS.

Ne Advocates Governmental Control
of Corporations, But Deprecntes
the Drastic Legislation Which
wight ParaIyze Industry While
Eliminating Minor EviIs-DOes Not
Relieve That the Solution of the
Problem Lies in the Revision OF
the Tariff
cincinnati, Sept. 20.-"Roosevelt
nav" at the Cincinnati Fall Festival
broke all records of attendance at
these annual carnivals. The weather
was threatening when the President
arrived and during the indoor recep-
lions of the morning, but exceptionally
plaas.1t ~ the afternoon and even
ing demonstrations. President Roose-
Welt was the attraction as well as the
guest of honor, and he served his hosts
with untiring willingness continuously
from 10 a. m. until 10 p. m, without
consulting his own convenience or
comfort The President was kept en-
his feet and busy for more than
twelve hours, with the exception of
the time at the noon luncheon and
the evening banquet. Among his in
dulgences of the day was an hour or
more in the afternoon spent in sight
seeing at the Fall Festival After this
experience he was escorted into the
auditorium of Music Hall and deliv-
cred an address 10 a large audience,
with more than 1000 business men and
manufacturers seated on the stage
with him. The Presidents address was
largely of local application. He was
Interrupted by enthusiastic demonstra-
tons when he referred to the late
President Mckinley.
erected with Loud Cheering.
The crowd in the buildings and
grounds of the festival tonight were
Ahe nose of the afternoon. The Pres
ident was greeted with loud cheering
as his carriage approached the en-
trance, and when he was escorted in
10 the auditorium the demonstrations
continued for some time. After being
welcomed officially by Mayor Julius
Fleischmann and introduced he was
greeted with such demonstration that
the bands broke in to secure order.
After thanking Mayor Fleischmann
and the officers of the festival for their
courtesies and the audience for its
hearty greeting, the President especial
" requested attention as he proposed
as the chief executive of all the peo-
ple without regard to party to make
an argument on a serious question. ST.
lence then prevailed until the first
mention of the trusts, when
the applause broke out and
continued at frequent inter-
walls When he was speaking
about holding corporations to the same
responsibility as individuals, he was
Interrupted by a demonstration of APP
prevail. There was another marked
demonstration when he advocated such
Constitutional amendment as would
give national control of such corpora
tons as had outgrown the jurisdiction
Of state The President said in part:
In dealing with the big corporations
We intend to proceed not by revolution.
but by evolution We wish to face the
facts, declining to have our vision
blinded either by the folly of those
who say there are no evils, or by the
more dangerous folly of those who
either see or make believe that they
See nothing but evil in all the existing
system and who, if given their way,
would destroy the evil by the simple
process of bringing ruin and disaster
TO the entire country. The evils at
tendant upon oVer-capitalization alone
oTe in my judgment sufficient to war
rant a far closer supervision, and con-
troll than now exists over the great cor
porations. Wherever a substantial
monopoly can he shown to exist we
should certainly try our utmost to de-
wise an eXpedient by which it can be
controlled. Doubtless some of the evils
existing in. or because of the great
corpora tons, cannot be cured by any
leglsation which has yet been prooos-
60, ana doubtless others, which Lave
really been incident to the sudden de-
Velopment in the formation OF corpor-
atoms of all kinds, will in the end
cure themselves. But others Will re-
main that can be cured if we only set
about curing them with sanity. Cor
poratiOns that are handled honestly
ana fairly so far from being an evil
are a natural business evolution and
make for the general prosperity of our
Iahd We do not wish to destroy cor
Rfduons. We wish to make them sub
serve the public good. The savings
banks show what can be done in the
way of genuinely beneficent work by
large corporations when intalligently
administered and supervised. They
no" hold over tWenty-siX hundred mil
IioAs OF the peoples money and pay
annually about one hundred millions
mere IS no talk of danger from these
eoiporations; yet they possess great
lVHer holding over three times the
mount of our present national debt.
4e chief reason for there being no
ok OF danger from them is that they
81 on the whole faithfully administer
i Tor the benefit of all, un1sr wise
-o"s which require frequent and full
Pu9lc2tio1 of their condition.
80 which prescribe certain needful
regulations with which they have TO
Imply while at the same time giving
- scope for the best enterprise of
81 managers within these limits.
or course, savings banks are rot
Ashly specialized as a class Of cor
slau2ns as railroads, and we cannot
100 far the analogy with the eth
'Di porations, but there are certain
5----uons which / think We can lay
t.4 as Indispensable to vhe proper
fa'Ient OF al corporations which
iheir size have become important
Yrs IN the social development Of
- Immunity.
A5+pre speaking. however, OF what
r r zone by way Of remedy, let me
r word or two as 70 certain Tro-
81. remedies which, IN my judgment,
De ineffective or nig3nisV0us.
be Remedy DIseHssea.
remedy much advocated AZ the
De- 20 take on the tariff from
oies which are made - trustg
thlf ~ viii be necessary first
aere frysts. The isneuaQe COM
r asea ~ the advocates - the
ID tfrrffas 49, ea...- --.... "a ~.