The Providence news. (Providence [R.I.]) 1891-1906, 1903-12-07

informa ton regarding the business trans
actions of the nation but the executive
arm OF the government TO aid in strength
ening our domestic and foreign markets,
i'm perfecting our transportation facilities
I'm building up our merchant marine In
preventing the entrance OF undesirable
immigrants In improving commercial and
Industrial conditions. and in bringing to-
gether on common ground those neces-
sary partners I'm industrial progress-cap-
ital and labor. Commerce between the
Nations is steadily growing I'm volume,
and the tendency of the times is toward
closer trade relations. Constant watch
fulness IS needed 10 secure to Americans
the chance 10 participate to the best ad-
vantage in foreign trade. and we may
confidently expect that the new depart
ment will Justify the expectation of its
creators by the exercise of this watchful-
ness. as well as by the businesslike ad-
ministration of such laws relating TO
our internal affairs as are intrusted to its
care.
! I'm enacting the laws above enumerated
| the congress proceeded on sane and con-
servative lines. Nothing revolutionary
was attempted: but a common-se and
successful effort was made in the direc-
! tion Of seeing that corporations are so
handled as 10 subserve the public good.
f, The legislation was moderate. II was
characterized throughout by the idea that
we were not attacking corporations but
| cndeavoring 10 provide for doing away
with any evil I'm them: that we drew the
! line against misconduct. not against
wealth; gladly recognizing the great good
done by the capitalist who alone. or In
/ conjunction with his fellows. does his
work along proper and legitimate lines.
! The purpose OF this legislation. which
/ purpose will undoubtedly be fulfilled. was
| TO favor such a man when he does well,
/ and 10 supervise his action only from
/ doing i'll. Publicity can do no harm 10
| the honest corporation The only cor
| poration that has cause To dread II ls the
corporation which shrnks from the light.
/ and about the welfare OF such corpora
! tions we need not he oversensitive. The
work of the department of commerce and
/ labor has been conditioned upon this
/ theory. OF securing fair treatment alike
! for labor and for capital
/ CAPITAL AND LABOR.
The consistent policy OF the national
/ government. SO far as II has the power.
\ Is TO hold In check the INSCRIPTIONS man,
I whether employer or employee: but 10
/ refuse TO weaken individual initiative or
| To hamper or cramp the industrial de-
| velopment OF the country. We recognize
/ that this ia an era os federation and
combination. I'm which great capitalstic
/ corporations anu uabor unions nave De-
| come factors OF tremendous Importance
/ I'm all industrial centres Hearty recognl-
1 tion is given the far reaching. benehcient
work which has been accomplished
/ through both corporations and unions,
and the line as between different cor
porations. as between different unions. Is
| drawn as II Is between different ind-
/ viduals: that Is. IL Is drawn on conduct,
| the effort being TO treat both organized
| capital and organized labor alike; asking
! nothing save that the interest OF each
/ shall be brought into harmony with the
! interest OF the general public. and that
| the conduct OF each shall conform 20 the
| Fundamental rules OF obedience 10 law
/ OF Individual freedom, and of Justice and
| fair dealing towards ALL
Whenever either corporation labor
union, or individual disregards the law
| or acts I'm "A spirit OF arbitrary and
| tyrannous Interference with the rights
or others. whether corporations or indi-
viduals. then where the federal govern
ment has Jurisdiction. Il will see 20 II
1 that the misconduct In stopped. paying
not the slightest heed TO the position or
/ power OF the corporation. the union or
/ the individual. hut only 60 one vital fact
that Is. the question whether or not
/ the conduct Of the individual or aggre-
/ gate 81 individuals is I'm accordance with
the law OF the land. Every man must
BE- guaranteed his liberty and his right