Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1903-12-08

supervision. The purpose of this bu-
reau is not To embarrass or asSail legiti-
mate business. hut to aid IN bringing
about better industrial condition, Il
condition under which there shall he
obedience to law aud recognition OF
public obligation by all corporations,
great or small.
Functions of New Department.
The department of commerce and l;-f
Dor will be not only the clearing house
for information regarding the business
transactions of The nation, but the eX-
ecutive arm of the government to aid
in strengthening our domestic and for
cign markets, in perfecting our trans
portation facilities, in building up our
merchant marine, III preventing the en-
trance of undesirable immigrants, in
improving commercial and industrial
conditions aud in bringing together OIL
common ground those necessary part
ners III industrial progress, capital aud
labor Commerce between the nations
is steadily growing in volume, and the
tendency of the times is toward closer
trade relations. Constant watchfulncss
is needed to secure to Americans the
chance 10 participate 10 the best advan-
tage in foreign trade. and we may con-
fidently expect that the new depart
ment will justify the expectation of its
creators by the exercise of this watch
fulness as well as by the businesslilie
administration of such laws relating 10
our internal affairs as are intrusted to
IS care.
In cnacting the laws above enumerat-
I'D the congress proceeded on sane and
conservative liCes. Nothing reyolu-
tionary was attempted. But IL common
sense and successful effort was made
4! in the direction of seeing that corpora
tons are so handled as to subserve the
aublic good The legislation was mod.
crate. 1t was characterized through.
| out by tie idea that we were not ut.
| lacking corporations, but endeavorine
| to provide for doing away with any
evil in them; that we drew the line
against misconduct, not against wealth
gladly recognizing the great soSl done
| by the capitalist who alone or III con
! junction With his fellows does his work
along proper and legitimate lines. The
purpose of the legislation, which pur
| pose will undoubtedly be fulfilled, was
| to favor such Il man when he does
well and to supervise his action only
to prevent him from doing i'll. PUP
| licity can do no harm to the homes
corporation. The only corporation thai
has cause 10 dread it is the corporation
| which shrinks from the light. ant
about the welfare of such corporation.
we need not be oversensitive. TIL,
work of the department of commerce
and labor has been conditioned upol
this theory, of securing fair treatmen
alike for labor and for capital.
Capital and Labor.
The consistent policy OF the nationa
government, so far as it has the power
is to hold in check the INSCRIPTIONS
man, whether employer or employee
but to refuse To- weaken individual
initiative or to9falnper or cramp thu
industrial development of the country
We recognize that this is an era o
federation and combination, in which
great capitalistic corporations and la
Dor unions have become factors Of tire
Lnendous importance In all industrial
eenters. Hearty recognition is givel
/ The fan reaching, beneiicenr worl