The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-12-03
QUESTION OF TRUSTS.
Appropriation For Enforcement of
Sherman Law Proposed.

Sherman Law Proposed.
IN my message to the present congress
at its first session discussed at
length the question of the regulation
of those big corporations commonly do
ing an interstate business. often with
some tendency TO monopoly, which are
popularity known as trusts The expert
ence of the past year has emphasized, IN
my opinion, the desirahiliIy of the steps
then proposed A fundamental requisite
OF social efficiency is high standard of
Individual energy and excellence, but this
is in no wise inconsistent with power 10
act in combination for aims which can
not so well be achieved by the individual
acting alone. A fundamental base OF
civilization Is the inViOlablllty OF properly.
but this is in no wise INCONSISTENT with
the right of society TO regulate the eN-
ercise of the artificial powers which IL
confers upon the owners Of properly, un-
der the name of corporate franchises, IN
these powers CORPORATIONS, AND
ESPECIALLY COMBINATIONS "
CORPORATIONS. SHOULD BE MAN
AGED UNDER PUBLIC REGULATION
Experience has shown that under our
system Of government the necessary su-
pervisiOn cannot be obtained by state &C
ton 1t must therefore be achieved BY
national action. our aim IS not 70 90
away with the corporations on the con-
trary. these big aggregauOns are an III
eVitable development OF modern indus
trialism. and the effort to destroy them
WAYS that would work the utmost mis-
chief TO the entire body polite We can
do nothing of good in the way d reg ulat-
ing and supervising these corporations
until we fix clearly in our minds that We
are not attacking the corporations puJ
endeaVoring 10 do away with any eFI II
them.
For the Public Good.
We are not hostile to them; we are
merely determined that they snail he so
NE DRAW THE LINE AGAINST MIS-
CONDUCT. NOT AGAIST WEALTH
The capitalist who. alone OF ia conjunc-
ton with his fellows performs some
great industrial feat by which ne wins
money is WelldOer. not WrOngooer,
provided only he works IN proper anu iG-
climate lines. We wish to favor sucn
man when he does vel We Wish 70
supervise and control his actions only 70
prevent him from doing i'll PU BLlCIIA
CAN DO NO HARM To THE HON Est
CORPORArI ON. AND We NEED MOI
BE OVERTENDER ABOUT SPAhING
THE DISHONEST CORPOR ALTON.
In curbing md regulating the cOmbina-
lions OF capital which arg or may pe
come Injurious to the public We must pc
careful not to stop the Srear enterprises
which have legitimateiy reduced the cost
of production. not 70 abandon the pace
which our country has won IN the leau-
erShiD of the international industrial
world. not 20 strike down wealth with
+ the result of closing factories and mines
I of turning the wage-WOri.er Idle IN the
streets and leaving the farmer without q
I market for what he grows
= InsiStence upon the impossible =
/ . means delay in achieving the posi- =
/ = BILE exactly as on the other hand, :
/ 4 the stubborn defense alike Of what =
/ = is good and what is bad in the eN- =
| = istsng system. the resOlute effort 10 =
/ = obstruct any attempt at betterment, =
/ = betrayS blindness 70 the historic y
| : truth that wise evolution is the sure =
| 3 safeguard against revolution .
Power of Congress Absolute.
/ No more important subject can come
/ before the congress than this of the reg
ulation Of interstate business. This coun-
/ try csnnot afford 10 sit supine on the
plea that under our peculiar system OF
4 government we are helpless in the pres
/ ence Of the new conditions. and unable
/ to grapDle with them or to cut out what
ever OF evil has arisen in connection
4 with them THE POWER OF TIKI
CONGRESS To REGULATE INTER.
1 STATE COMMERCE Is AN ABSOLUTE
i AND UNQUALIFIED GRANT. AMI
/ WITHOUT LIMITATIONS OTHER