Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1902-08-30
men OF CHARACTER WANTED,
SAYS PRESIDENT Roosevelt
Continued from Page 81

many labor organizations has con-
clusively shown 80 wealth, not mere.
lly individual but corporate, when
used Alright So not mercy benefit to
the community as n whole. but indis.
pensable TO the upbuilding OF the
country. under the conditions which AZ
present the country has grown not only
10 accept. Uut 10 demand as normal
This Is 50 ObyiOns that Ii seems trit5
even TO state q and yet II We are to
Judge from some OF the arguments ad.
vanced against and attacks mguU upon
wealth as such, It ~ fact worth keep
ing in miro.
Lt.te q Wealth.
A great fortune, IL not used Alright
makes It's possessor in peculiar sense
a menace 10 tbs community a. Il whole
just as a great intellect does II II Is not
accompanied ~ developed conscience,
by character. But obviously this no
more affords grounds for COndcmniuG
wealth than IL does for condemning in
tellect. Every man OF power by the
very fact Of that power Is capable Of
doing damage 20 bis ueighbors, but VIC
cannot afford TO discourage the devcl-
opment of sLcb men merely because II
is possible they may use their power to
wrong ends. u We did so, We should
leave our history a blank, for We
should have no great statesmen. SOL
diers or merchants, no great men OF
arts, orators or Of science. Doubtless
on the average the most useful man to
his fellow citizens Is apt TO be he to
whom It has been given what ths
psalmist prayed for, neither poverty
nor riches, but the great captain of in
dustry, the man OF wealth. who alone
or in combination with his fellows,
drives through our great business en-
terprises, is factor without which
this country could not possibly main
tain its present Industrial position In
the world. Good, not harm normally
comes from the piIing UP of wealth
through business enterprises. Prob.
ably the most serious harm resulting
10 us. the people Of moderate means.
is when We harm ourselves by letting
the dark and evil vices OF envy and
hatred TOWARDS our fellows eat into
our natures.
Dangers o. Monopoly.
Still there ig other harm of a more
evident KIND, and such harm II Is our
clear duty 20 try to- eradicate If pos
sible, and in any event to minimize.
The corporations, and therefore those
those great corporations containing
some tendency 20 MONOPOLY which We
have grown to speak Of rather loosely
as trusts. are tho creatures Of tn"
State, and the state not only has the
right TO control them, but Is in duty
| bound to control them wherever the
need for such control is shown. There
Is clearly a need OF Hnpervision-need
TO exercise the Dower OF regulation on
the part of inc representatives, Of the
public wherever, az in our own Coun-
try al the present time, business cor
porations be come 30 very strong both
FOR beneficient work and for work that
Is not always benefcent. II is idle to
say that there iS no need for such SUI
pervisioD. A suthcient warrant for IL
Is to be found over and over again in
any OF the various evils resulting from
the present system, or rather lack of
system.
Difficulties u Supervision.
There Is il our country a peculiar
difficulty in the way OF exercising such
supervision and control because OF the
peculiar division OF governmental now.
eT. when the industrial conditions
were simple very little control was
needed. and no trouble was caused by
the doubt as to where power w lOdg
ed under the constitution. Now the
conditions are duplicated and we find
II diffiCuit TO frame national legislation
which sbail be adequate, while rs Il
matter OF practical experience state
action mas prCyed utterly insufficient
and in al nnman probability cannot or
will not be made sufticieUt to meet the
needs OF tbb case. Some u luI state
have excellent aWa-laws which 1t
would he wei indeed to have enacted
by the National Legisla,ura. But the
"lut tiH'E'ht'S III LutSt laws even
between adjacent states ana the unccr-
tainty of the power OF enforcement re-
suit practically IN altogcthe: INSULT
cient control.
Nation Must Control.
] believe thH the nation must
assume this power OF control
by legislation, and " II hccmes evident
that the constitution will not permit
needed legislation, then by constitu-
tional amendment. The immediate need
in dealing with trusts Is t" place them
under the real, not normal, Control oil
, some sovereign to which aS It's crea
/ ture. the trusts shall owe allegiance"
and In whose courts the sovereign
orders may with certainty b" enforced
This is not the case with the ordinary
so-called trust today, for the trust
, is large state corporation, GENERALLY
doing business in other states also
and often with tendency TO monopoly
Such a trast il an artificial creature
not wholly responsible to or control
able by any Legislature, nor wholly
subject TO the jurisdiction OF any one