Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1902-12-04
PRESIDENTS MESSAGE.
TO The Senate and House OF Rsprssss1.,

We stiii continue In period OF IN
bounded prosperity. This prosperity 10
/ not the creature Of law but undoubtedly
| the laws under which We work have been
Instrumental In creating the conditions
which made II POSSIBLE. and by unwise leg
ialatlon Il would be easy enough 20 destroy
/ A. There will undoubtedly be periods OF
I depression. The wave Will recede. but the
tide viii advance. This nation IN seated
on a continent fianked by two great
oceans n u composed % men the de-
scendants ~ pioneers or. IN a sense, pio-
nsers thcmsolyes--of men winnowed out
from among the nations OF the old world
by the energy. boldncaa and love Of adj
/ venture found In their own eager hearts.
such "A nation 90 placed viii surely wTest
success from fortune
AS people We have played a large part
In the world and We are bent upon max
Ing our future even larger than the past.
Ia particular the events ~ the last four
I years have definitely decided that Tor woe
or Tor veal our place must Dee great umung
the nations We may either fail sreatly
or succeed greatly. but We cannot avoid
tho cndeuYur from which either gfeAt
failure OF Erelt success must come. kNen
IL We would We cannot play "a small part
III Ne should trY. al that would follow
would be- that We should play large part
ignobiy ANA Hhameluly.
But our people the sons ~ the men or
The civil war. the sons oi the men Who
had iron lu their blood. r.l'ilH lu w.
present and face the future hiEh ot hrilt
and rcsolutc % will ours a hol Wy
creed OF she wcnAhhF ana thN 49,
,,,.trbrrt rnd.atur. we do NOT shrink
I'm thr atrurgie before us. There are
many problems for uB Go face nt w, u.,
80 N the twentieth century ,iF' w.,
Ienr abroad and attn srtFrr tl I'ine w,
- go, tlnt gp ,an solve them. ana
golvg th.m WE'LL provided uuii tnAi W,
bring 90 thc solution enc uuth,irA el n,'n
and heart which Wcre SHOWN hl ii' ~ y
WHO iu thr days ~ Washington iullA'i
th.a government and in tne dAia 'i Ism
40 country has ever occupied higher
plane of material well lglug IMAM uNi. ~
The present moment This vel uflnh !.
due III mo- HidIeu or accidental causes, uut
10 thc piaF ul che economic toftta ln lula
country Cor over a century % our liNHt
our SUSTAINED nnl e9nii'..',', le,l,r.,l
I'D oar citizenship Great fortunes nave
been won b. those who have lihen we
lend ln thia phenomenal lnNN. .iii Ntf,l-
oufnrut and most ~ these fortunes uaNe
hem won not by doing rFil. tut ~ ~ ~
cident Co action which has heneuted lhe
community az q whole. Never before ms
material well haing been .u widely dt-
gw-sg afrorr our people GREAT fortunes
have ben arcumuistrf. ans yet in On
aggregate thsse fortunes ~ smA. 'in-
deed when compared % INC Eetlth or We
A
better on than they have ever been pc
fore. The Insurance. curlplnteA. Nhl'n
are practically mutual trnrut sorts tl'-
especially hslpful 90 meu or moderate
@ans-rsprcaent accommodations ~ cspi-
I tai which are among the lAfftet ~ nus
country There are more deposits lh hi
savings banks, more oMheft ~ iaIuHs
more well paid wageWorkrr8 in W ,nun-
try now than ever befors in our history.
gf course when the conditions have Ia
yored the growth q ~ much that was
I good they have also favored somewhat
the growth OF what was evil ~ u emil
. nently necessary that We should endeaNor
20 cut out this evil. but let ua keep : ahe
sense % proportion; let Us nov ln nA,ns
our gaze upon the lesser evil forget the
. greater good. The evils are real and
some o. them are menacing. but they are
the outgrowth not o. misery or dechdehc..
but of prosperity. q the progress ot our
. gigantic Industrial development This IN
dustriai development must not be checked
, but side by side with u should 90 auch
progressive regulation s WIZ u, t,,.. " y
We ala not try 90 remedy the evils, but W
shall succeed only u We proceed patient.
~. with practical common sense a. vel
A. resolution. separating the good from
the bad and holding on 20 the former
while endsavorinE 10 get rid % the latter.
In my message TO the present congress
at It's nrst session discussed AZ length
, the question o. the regulation of those
big corporations commonly doing an IN
T teFstate business. often with some tenden-
cv 10 MONOPOLY which are popularity
known as trusts The experience % the
past year has emphasized. IN my opinion.
tho desirahility ~ the steps ! then pro.
posed. A fundamental requisite % social
efficiency - a high standard ~ Individual
energy and excellence, but this u In no.
wise Inconsistent with power % act IN
combination for aims which cannot 80
well be achieved by tho individual acting
|, Il alone A Fundamental base Of CIVILIZATION
| = a.. a. eslafa NfIIfw n urUuNrfVs but this II
In noWise inconsistent with the right Of
society 10 regulate the exercise % tho
7 ARTIFICIAL powers which " confers upon The
owners % property under the name OF cor
. pornte franchises In such way a. 90
prevent the misuse ~ these powers Cor.
poratlona. and especially combinations 81
corporntions should BE- managed under
public regulation. Experience has shown
that under our system ~ government the
necessary supervision cannot be obtained
BY state action. IL must therefore be
achieved by national action our aim IL
, not 20 do away with corporations on the
contrary. these big REEregati0na are an
inevitable development 81 modern indus
trialisfn. and the EFFORT 60 destroy them
would be futile unleaa accomplished IN
ways that would work the utmost mis-
chief 20 the entire body polite. We can
do nothing % good In tho way ~ regulat-
> ing and supervising these corporations
until We hx clearly In our minds that We
are not attacking the corporations. but
. endeavorlng 20 do away with any evil IN
them We are not hostile 10 them. We
, are merely determined that they shall b.
so handled na TO a'shserve the public good
We draw tho line against misconduct. not
against wealth. The capitalist who. alone
] or In conjunction with hia fellows. per
forms some great Industrial feat by which
no wins money Is wclldoer. not n Wrung
dOer provided only he works IN proper
, and legitimate lines We wish 20 favor
such "a man when he does we'll We wish
to supervise and control hia actions only
20 prevent him from doing ill Publicity
: can do no harm 20 the honest Corporation
and We need not be overtcnder about
spnring the dishonest corporation
In curhing and regulating the comhinn'
lions % capital which are or may hcc0m'
Injurious 10 the public We must b. care
D ful not 90 stop tho great enterprises which
have logitimatcly reduced the cost ~ pro-
4 ductlon. net % abandon the place which
our country has won In the leadership nj
I the international industrial world. not u
strike down wealth with the result o
the Wureworkor idle ln tho streets 1nt
} leaving the farmer without u market fH
what he grows tu7lHtenrA unnu The lu
Z poarlbla means delay in achieving Che p.H
slbie exactly na on the other hand fN
, stubborn defense alike uf what pr r
the rcf0lute effort 20 OhHirurt any Ht
tsmpt az bcttormcnt. hetrnys blindness n
the historic truth that wise evolution d
the sure safeguard against revolution
% No more important subject CON com
| before the congress thnu this m tho f"Tu
Q inti0n Of interstate business This counr
| cannot afford 10 ~ fuplne on the pie.
u rafaffINuF ~ HHNHHI