New-York tribune., 1902-08-24

as remedy for corporate evils
THE PRESIDENTS SPEECH.
President Roosevelt spoke in Providence as
follows:
We are passing through a period of great mate
rial prosperity and such period is as sure as ad-
,-e-sirv Itself bring mutJefings of discomfort
Al a time when nost men prosper somewhat IL
always happens that d few men nFesperr greatiy
sloan fell upon all who w're under ii. that good
ens Goes 70 6' the 0s au e %hen Y the 3 IS
good for crops il is aiso good for weeds Moreover
iot only 60 the wicked flourish when the times are
such that most men flourish but what is worse the
spirit OF envy and jealousy and nstred spFIngs up
iaing fairly wei thernseIyes, yet see others who
are wise @ laws and fearless and upright administra-
non Of the laws give the opportunity for such
115sf fhey can DO. When the conditions have beer
which make & PrSsPsTt oTs6g }0T bsd t9eP bT eS 2
onT thrift intelligence energy industry and reso-
iute purpose. II when the people wax fat; tney kick
- they have been prone to do since the GAYS OF
Jersaurun, they will speedily destroy tnelr own
itose their heads. they have lost that which no
can 5sPP ad r in 5he sp Of seb mIa enH T
shey insist upon pulling down those w%he % have
emssives go in the crash of the common disaster
E IS dficut 10 make material condition better
- throw the whole nation into abyss Of misery
Now, the GpshoL oI al! thls is that II Is peGaGlI
well being. both collectively a a nation and in
We possess the qualities Of prudence, self-knowl-
e5es and self-restrsint In our government
n6s n6fS While remem6erng that this xity must not
Se fossza ton. that there must not be inability TO
of the People these needs arise There are real
and great evils our social and economic life. ana
these evils stand out with ugly badness during
sood lines. for the wicked who prosper are never
pS s f5sh wavE hfne inxGusy rs safS an ooeeTe4
By c9n9 @ anon ourselves ye m i4 pTsa5s e
for The cutting out Of these evils Only let us be
vyl7ip would dangerous to the
patient than to the disease
THE GREAT INCREASE IN FORTUNES
One OF the features OF the tremendous industrial
growth of the last generation has been TIE very
sarge corporate fortunes. We may Ike thiS or
and as far as We can see * inevitable result
of the working Of various causes prominent among
which has been the immense Importance steam ana
sectricity have assumed IN modern life. Urban
9ed 992Tsd0o oountTts S much faster than the popua
ti5n as whole during the last century. and where
eTirabiy results that they must work far more
largely by means OF comoinanonS Gi1 an0s amor on @
other Now suppose that most OF # US & Pge' g9sr S
which the average man lived more to himself and
hy himself when the average community was more
ard Of comfort was lower on the average. yet there
was less q the gaing ins9paty& @ @ & IN worey er;aE c0n
Il Is not true that the poor have grown poorer,
9p5 be- Sonf ha q ere he i mulftudes Of men are heed
together in limited space the contTast s'FlkSs S
the whole, our people earn more end I've better
than evAy before and the PROFESS G1 ~I3s @ Iof
been for the great upbuiIding of industrial centres.
fi Bnt together with the good there has meas;
rs Of ey IL LIE s IS Tins n9f 81 and fbe community
the simple life is normally the healthy lie. mere
ssrTne 9Tf n broe6erhood 5n which there is still in
try localities, and the lines Of social cleavage are
For some of the evils which have attended upon
the GOOD of the Changed conditions can at pres
no complete remedy. r or otneIs., liS
remedy must come by the action OF the men them
sSS 5iT5 IN 5her or PTlVe6 pr one with aOhe
For YET Others SOM Geeeg ca as state Or
municipal Much Of tbs complaint against com.
eay conditions il is as necessary to have corpora
ions in the business w1ra as " nt IS 10 We have
fight to ask each case that they shall 90 so0a
When imanaged inteiligentIy and in spirit OF jus.
es & and N Il, far gsy worSeG oS rs but to the whole com
rnunitv as the history Of many labor orsanzauo@Ls @
dividuai but Corporate, when used Alright is not not
'n5is5ersaJie to = the upbuiidirg OF the country,
under the conditions which at present res II ts 9an
normal This is SO obvious that it seems trite even
% ssae Il and get we are 20 and attacks
ing in mind.
WEALTH COMPARED WITH INTELLECT
rossessor in a peculiar sense menace to the com
Tnunty whole Just as great intel,es cie1ce g3es
by character But obviously. this no more an aoFoT f
sg soo5gS LOT feiIscf FyeTv man OF power. by the
very fact Of that power. is capable OF LONG
courage he development OF such men merely be,
cause it is possible III {aey y 2sy ybaSId leave our his
forx & blank for should have no greal S1ace2
Of fS esfeTs Or Of science Dou6tless the
average the most useful man to ms feo~ Sat fh
Psamist prayed for. neither poverty nor lIreS 81
s5, ~ ne gFea alo5e or in combination with his fel
lows drives through our great business enterprises
possibly maintain its present industrial positl0@ @ ~
The world Coco 10y narI1, trb hSsiness enter
pTises Probably the most serious harm ha resn'lHs @
harm ourselves by letting the dark and evil vices
Of envy and hatred toward our fellows eat Hi'o 'N-
SUI there Is other harm Of more evident kl9d
aga sseh y noss5 F II and rs on IN snS event minimize The
corporatoIs, and. therefere shose goy greGC wbich
5s a4e 22ns4tas sno TO ooe eaK Of rsfheP oOsy
onlv me hss be TsSt 4 to Control them but in duty
bound TO control them wherever me eS ne ~ sinner
ysoneed 70 exercise the . powIer I t 81 Bbc %her
ever IN own country at the present fi5it tnb
business corporations become 50 very suohg oci aI
Ways bsnecens Il IS idle to say that there is no no
need for such superylson Eueehi sl IN snv Of the
various evils resulting from the present sysleii u
There is in country peculiar dicnaty ycnntroi IN fn
sse 90 e2 i6e 6scus4 TGGn dT4son Of governmental
power y hen the industrial conditions were ssibs sit
was caused by the doubt 20 where poweT, po,+io was
lodged under the constitution Now tne cou t
national legislation whch shall be adequate sice tio1
has proved entirely insufficient and in all human
probability cannot will not De mace @ =. &c
have exc5ent iaws-aWs which i would be well wei
indeed TO have enacted by the naeonaI lesls n be-
tween adjacent States and the uncertainty OF ,he
ssther insufficient control