Fort Mill times. [volume] (Fort Mill, S.C.) 1892-current, 1902-12-10

practices which lnJurousiy affect inter-
state trade can he prevented under the
power OF the Congress To regulate COM
mercc with foreign nations and among the
several States through regulations and
requirements operating directly upon such
commerce.. the instrumentaties thereof.
and those engaged therein
/ earnestly recommend this subject TO
the consideration of the Congress with n
view TO the passage of 4 law reasonable in
1ts provisions and effective In its onera-
tIons. upon which the questions can he
hnally adjudicatcd that now raise doubts
rs to the necessity OF constitutional amend
ment If 1T proved impossible to accom-
phsh the purposes above set forth hy such
law. then. assuredly. we should not
shrink from amending the Constitution 50
ds to secure beyond perad9euture the pow
er sought.
The President then asks that Congress
make 4 special appropriation which will
enable the Department OF Justice TO secure
the better enforcement of the antitrust
law as II, now stands.
THE TARIFF.
Ono proposition advocated has been the
reduction ot the tariff u means of reach
ing the evils OF the trusts which fall with
III III" category | have described Not
merely would tins he wholly ineiTcrtiyr
but the diversion of our efforts IN such a
G;:sSt!on would mean the abandonment OF
al intelligent attempt to do away with
these evils. Many ol the largest corpora
tons, many OF those which should certain
ly be Included IN any proper scheme OF roy
ulatlon, would not b0 affected IN the slight
est degree by change m tho tariff. save a.
such change IutCrtcrcd with the general
prosperity ot the country The only rclo.
ll3h ol Inc tarlh TO big corporations as A
Mho.c i that the tariff makes mqnufac-
tHrca lW'utanc. and the tariff remedy
propose would Toe in effect simply To-
maNe manufactures Improbable. TO re.
move the tIrit a. Il punitive measure d.
leCtcd against trusts would inevitably re-
suit IN rum to the weaker comnctitors
VINO atI struggling against them. Our ann
should he not 10y unwisc tariff chances to
give foreign products the advantage over
domestic products. hut by propcr rcpu-
l2tlon To give domestic competition a fair
chance and this ona can not be reached
by any tariff changes which would ,ITnct
untavorablv all domestic competitors rood
and bad alike. The question of regulation
ot the trusts stands apart from the cues
ton of tariff revision
President Roosevelt then states that one
way IN winch : he readiustment sought can
be reached Is by reciprocity treaties. lie
beileNeS that such treaties can be usel TO
widen our markets. and also to secure i'm
practical shape the lowering of duties when
theS are no longer needed Tor protection
among our own people, or when the mini
mum OF damage done may be disrcgarded
for the sake or the maximum of GOOD ac.
complished.
Wherever the tariff conditions are sueh
that needed change can not with advan.
tage De made by the application of the re-
ciprocity idea, then it can be made OUTRIGHT
I by lowering of duties on a given product
II possible such change should be made
on!y after the fullest consideration by
niActIcal experts. who should approach
the subject from n business standpoint
having IN view both the particular inter-
rsts Affected and the commercial we'll
helng OF the people as n whole The ma
chnery tor providing such careful investi-
CATION can readily be supplied. The cxccu-
i've department has already at its dsposal
methods of collecting facts and figures.
ana II the Congress desires additional con-
slderduon TO that which will be given the
! SUBJECT by ITS own committees then IL
COMMISSION OF business experts can be ap-
! pointed, whose duty 1T should be to rccom-
mend action by the Congress after a DELHI
crate and scientific examination of the va
lious schedules as they are affected bv the
Gmdfngea and changing conditions. The
nnnurried and unbiased report of this
should he made in the various schedules.
and how Ear these changes could 90 with.
out also changing the great prosperity
which thus country is now enjoying, or up
| settnE ITS hXed economic policy
President Roosevelt declares that in or
der TO prevent the recurrence of financial
str.ngencIes which injuricusiv affect lcaiti-
MAZE business, 1T is necessary that there
| sHo"ii ne an element or elasticity IN our
monetary system. He believes that cur
rrency CIRCULATION should be 80 regulated
that sufficient supply should he always
available for the business interests of the
| country. lie suggests that all future legis-
| laton on the subject should he with fhc
view OF encouraging the use of such instiu-
! mehtaiitIeS as will automatically SUNNY
| every legitimate demand of productive in
| dustrIes and of commerce. not only in the
amount. but In the character of circula-
! tIon; and OF making all kinds OF money in
| teTchangeabc. and, at the will of the
| holder. convertible into the established
| gold standard
lie calls attention to the need of passinc,
n proper immigration law, covering The
/ points outlined In his message which was
| Iead at the first session oil the present
| Congress.
LABOR AND CAPITAL.
he relations of labor and capital is the
I next SroJect dwelt upon by President
Roosevelt. lie declares that this Is an era
oil federation and combination As Dusi-
! ness men work through corporations so II
| Is often necessary tor laboripg men TO
"oiN IN iederauons, and these have be-
come important factors OF modern indus.
| trl&l NE. Opposition to each kind of or
| ganIzation should take the form OF onno-
sitioh to whatever Is bad in the conduct of
any gwen corporation or union, but each
| must refrain from arbitrary or tyrannous
| interference with the rights OF others. Or.
gdhIzed capital and organized labor alike
| shouiu remember that IN the long run the
| interest nj each must be brought into har-
| mony with the interest OF the general nub-
| lie, and the conduct of each must conform
To TINS tunaamentai Sules ri obedience to