Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1903-12-10
OTHER SUBJECTS.


the amount OF suDstantlai ACME, emenl
| which has markeu the past year DVtu as
resatus our Iore.Sn ANA as resa4us OII Uo-
nIeslic ponce
VAN a nation as with a man the most
important tnInSS are tnuse OF the house
iiU4a, ami llSI SIOle the countf, 10 espe-
cIaiIv 10 he cong atulaOeu On what
DeeH accomplished III lne direction OF p4o-
hIuI4is IOr me eAcIcts vi super IsIon " er
the "a eat corporations anu eo4nUinations uI
corboldLiohs ehSaScu III inLeIstate COM
mefce. The congress has created the de-
paftlnent ol c0ui.HcIe &c anu Ia0o4, 4helLu.l.s
tne Duledu Oh cOrpotatlOns, with IOr the
Ia 81 TIME dutnOltty 10 secure proper puD-
iicity OF sucn proceedings of these great
co.. puratIons as me puDiIC mas rIsnI 10
KNOW. IT mas PROVIDED Tor tue exp ttttlilG
OI suits Tor tne enIorcenleiIL Ol tne teueldi
antitrust law; ANA by another law 1T has
secured equal treatment 10 All producers
IN the transportation of their goods thus
taking II lVAs strlue FORWARD nIaAiLs
eitec.ite the work of the interstate com
mefCe commission.
Ihe estaDHsuint Int of the department OF
commerce ana labor, with the bureau of
corporations thereunucr, marks ii r,aI il,I
vance in the direction of doing all that is
possible Tor the soiutiUn t..e ,ues. 4oa.1
N.,aiiy affecting capitalists and wage
MOfheFs. Inc act cleatiAS tle "a PAL tlAA
was approved on February IA, 1903, and
two uay > iater the mead oil the uepaI tnIeu.
was nominated aud confirmed by the sen
ate. Since then the work Of organization
/ has been pushed as rapIuly as ,Ae initiaI
appropriations permitted, ana WIN que re-
gaid 20 thorongnness ANA the broad pur-
poses which the department is designed to
serve. After the transfer of the various
bureaus and branches to the department IA
the beginning OF the current fiscal year.
as provided for in the act, the personnel
comprised LISP employees in Washington
ana S,Sob In the country at large. The
scope or the departments duty and au-
thoilty embraces Ine commercial and III
4 dustrial interests of the nation. 1t is not
designed to restrict or control the fullest
Of AFftf hYNuf
! TO secure exact anu authentic Information
| which VIII aid the executive la enforcing
existing laws. and which will enable the
congress to enact additional legislation If
any should he found necessary, iii order to
prevent the few from obtaining priv ileges
at the expense of diminished opportunities
d for the many
! The preliminary work of the bureau OF
corporations in the department has shown
the wisdom OF its creation Hubnclty in
corporate affairs viii tend to do away with
Ignorance and Will afford facts upon which
intelligcnl action may be taken. System
attic, intelligent investigation is already de
veloping facts the knowledge of which Is
essential to right understanding of the
needs and duties of the business wOrid
/ The corporation which Is honestly and
fairly organized. whose managers. in the
conduct of its business recognize their oh
Hgation to deal SQuarely with their stock
holders, their competitors. and the nuhlic
/ has nothing to fear from such supervision
The purpose of this bureau is not to EN-
! bdFENSS of aSSiili iesiCl1nlte business, bur
! to aid in bringing about a better Industrial
conditional condition under which there
shall he obedience TO law and recognition
of public obligation nv all c0rDorations
great or small The department of com
D-crce and labor viii he not only the clear
ing house for information regarding tho
4 business transactions Of the nation but
the executive arm of the government to
aid In strengthening our domestic and for
eign markets, I'm perfecting our tranSporta-
ton facilities. in building up our merchant
mil In ffr..-
desirable immigrants, In improving COM
mercial and Industrial conditions and in
bringing together on common ground those
necessary partners in Industrial progress
capitai and labor. Commerce between the
nations is steadily growing In volume and
the tendency of the times is tovvard closer
trade relations. Constant watchfulness is
needed to secure 70 Americans the chance
to participate to the best advantage In for
eign trade; and we may confidently expect
that the new department will Justify the
OF this watehf "'neSS. rs well as by the
husinesslike administration of such laws
relating to our internal affairs as are in
i trusted TO It's care
In euacting the laws above enumerated
the congress proceeded on sane and CON
sentative lines Nothing revolutionary was
attempted; hut common-sense and sue
ceSSfrl effort was made In the direction of
seeing that corporations are so handled as
70 suhserve the public good The legisla-
ton was moderate. it was characterized
throughout nv the idea that we We're not
attacking corporations. hut eudeavoring
to provide for doing away with any evil
In them: that we ilrew the line against
misconduct. not against wealth: gladly
recognizing the great good done nv the
canitaliSt who alone or In conjunction
wish his fellows does his work along
proper and legitimate lines. The purpose
Of the legislation. which purpose will I'M
doubtedly he fulflled. was 10 favor such
man when he does well. and to supervise
hs action only 20 prevent him from doing
Ill. Publicity car do no harm TO the hon
est corporal ton. The only corpora tion that
which sbrinkS from the light. and about
the welfare Of such corporations we need
not he over-Sensitive. The work of the de-
partment of commerce and labor has been
conditioned upon this ,aeory. of securing
fair treatment alike for labor and for
capital.
CAPITAL AND LABOR.