The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1903-12-11

second session OF the Fifty.olghth Con
rresa IL substantially rs follows;
20 fAe Senate and House Of Represen
f0fircs:
with a nation AZ with a man the most
important things are those Of the house,
bold. and therefore tho country IA oape-
eiaiiy 70. be congratulated On what has
been accomplished In the direction OF pro-
vidinE Tor tho exercise OF supervision
ever the great corporations and combina-
tons Of corporations engaged In inter
state commerce. The Congress has cree
sted tho Department Of Commerce and
Labor. including the Bureau OF Corpora
lions. with Tor the first time authority 70
secure proper publicity OF such proceed
in1a 81 these great corporations ~ the
public has the right 10 know II has pro-
Nided for tho Cxpcdlting Of HuitH Tor the
enforcement Of the Federal antitrust
law and BY another law II has secured
equal treatment 90 an producers IN tho
transportation Of their goods, thus taking
a long stride forward ~ maklng effective
the work o. tho Interstate Commerce
Commission.
Department Of Commerce and Labor.
The establishment OF tho Department
of Commerce and Labor. with tho Bureau
q Corporations Hereunder. marks a real
advanco IN the direction OF doing an that
e possible Tor the solution Of tho questions
vitality anee,lns capitalists and wnro.
workou
Functions OF New Department
The preliminary work of tho Bureau
81 Corporations IN the department has
shown tho wisdom Of It's creation. Pub
iioity IN corporate nnaira viii tend 20 do
away with Ignorance, ana win nfiord
facts upon which intelligent action may
Be taken. Systematic. intelligent inyca-
tiEntion IA already developing fncta the
knowledge OF which a essential 20 "a right
understanding Of tho ncCds and duties of
The business wofiai The corporation
whose managers in the conduct OF a.
business recognize their obligation 20 deaf
s1uartiy with their stockholders. their
compoutora and the public. has nothing
10 fear from such supervision. The pur-
pose OF this bureau a not 10 cmharfnas
or anaan legitimate business. but 90 aid
m bringing about a better industrial con-
dition.-a condition undor which there
ahnll be obedience 20 law and recognition
OF public obligation by IN Cofuofnfi lions
great or small The Department OF com.
merce ana labor VIII be not only the
cleaflnF house for Information regarding
the business transactions of tho nation
but the executive arm OF tho government
20 AID In Strengthening our domestic and
foreign markets, IN porfcctlng our trans.
portation facilities. IN building up our
merchant marine. In preventing the en-
trance OF undesirable Immigrants. In i'm
proving commercial and Industrial condi-
tons, and IN bringing together on com
mon ground those necessary partners In
industrial proTrcs1-cnnltni ana labor
Commerce between the nations "a stead
ny growing IN volume ana the tendency
u the times n toward closer trade rela-
tons. Constant watchnlncaa il needed
TO secure 10 Americans tho chance 90 par,
tioipate 10 the best advantage IN foreign
trade. and We may confidently expect
that tho new department. viii Justify tho
expectation OF IT, creators BY the cxer-
else OF this wntchfulncsa M well A. by
the bualnoEallke naturalization OF such
laws relating TO our informal AFFAIRS rs
are intruated 10 ia care
In snacting tho laws above enumerated
the Congress procc sled on sane and con.
nervative lines. Nothing revolutionary
was attempted; but a common.fenae and
succefsful EFFORT was made IN the direc-
tion OF seeing that corporations are 20
handled az 20 EuhHerNc tho public good
The legislation was moderate II was
characterized throughout by the idea that
We wore not attacking corporations, but
sndtavorinE 10 provide for doing away
with any evil IN thcmi that We drew tho
nnu against misconduct not against
wealth. Fhdly recognising the great good
done BY capitalists who Rl0ne, or In
conjunction with his fellow does his
work along proper and legitimate lines
The purpose OF the legislation which pur-
pose will undoubtedly be- iulduod was 60
favor such man whom he does well. and
20 supervise his action only 10 prevent
aim from doing ill Publicity can do no
harm 10 the honest corporation, IN,
emily corporation that has cause 20 dread
q 4 the corporation which ahrlnhs from
the light and about the welfare Of such
corporations We need not be oyeraonsltiyc.
The work OF the Department OF COM
rnerco and Labor has been conditioned
nsnt alike for labor ana FOR capital
Capital and Labor
The consistent policy OF the national
government 90 far ga II has the power,
Il 10 hold IN check tho interruptions man.
whether employer or employee but TO re-
fuse 10 weaken Individual Initiative or
10 hamper or cramp the Industrial devel-
spment OF the country We recognize
that this "a an era 90 freedom and CONE
hiuation. IN which great oupiiallstio cor-
porntions and labor unions have become
factors OF tremendous importance In nll
Industrial contcrE Hearty recognition ia
given the far-rcanhlng. bonOncent work
which has been accomplished through
both corporations ana unions. and tho
line AS between different corporations,
40 between different unions, H drawn as
Il b between different udlyldullai that
a.. BE- o. drawn nn conduct tie cuori be-
inF Go uroat both organized capital and
urrInEed i0hor alike; lHkus nothing
fafc the Interest OF zach anoIl ha hrnueht
into harmony with tle interest of ihe
reneru r1hlc. aud that tho conduct VI
ruiaa 10 obedience no nW nf Individual
fcadaH .nd uf JlHuc. aud fair dealing
fovnffn uM whenever c.thOr corpora.
lion labor nnlon or individual aiare-