Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1904-12-08

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alike: a feeling OF respect on the part OF
each man for the rights OF others; a feel
ing OF broad community OF interest. not
merely OF capitalists among themselves.
| and OF wage workers among themselves.
but OF capitalists and wage workers In their
relations TO each other, and Of both In their
relations to their fellows who with them
make ND the body polite. There are many
| captains OF Industry, many labor leaders.
who realize this.
Bureau Of Corporations.
The bureau of corporations has made
careful preliminary investigation Of many
important corporations. II will make q
special report on the beef industry.
The policy OF the bureau Is to accomplish
| the purposcs of It's creation by cooperation.
not antagonism; by making constructive
legislation. not destructive prosecution.
the immediate object of Its inquiries: by
conservative investigation OF law and fact.
and by refusal TO issue incomplete and
hence necessarily Inaccurate reports. Its
policy being thus one Of open inquiry into.
and not attack upon. business, the bureau
has been able TO gain not only the confi-
dence. but. better still, the cooperation OF
men engaged in legitimate business.
The bureau offers to the congress the
means OF getting at the cost OF production
or necessity the careful Investigation OF
sneciaI corporations will afford the CON-
missioner knowledge of certain business
facts the duplication OF which might be an
Improper infringement Of private rights.
THE method OF making public the results
OF these Investigations aHorcs. under the
law, means for the protectioh Oh prNate
rights. The congress VIII nave al iacts
except such as would give 10 ahotner cor
poration information which would in)ure
the legitimate business OF competitor ano
destroy the incentive for INDIVIDUAL supe-
riority and thrift.
The bureau hag also made exhaustive
examinations into the legal condition I'M
der which corporate business Is carried
on In the various states; into all judicial
decisions on the subject: and into the
various systems OF corporate taxation In
use. I call special attention to the report
| of the chief Of the bureau; and l earn
estly ask that the congress carefully con-
slider the report and recommendation OF
the commissioner on this subject.
The business OF insurance vitality affects
the great mass of the people OF the
United States and Is national and not
local In Its application. 1t involves O
| multitude of transactions among the peo-
ple of the different states and between
American companies and foreign govern
ments. urge that the congress care
fully consider whether the power OF the
bureau OF corporations cannot constitu.
tionally be extended to cover interstate
transa ctions in insurance.
Rebates.
Aho,a Al, else we must strive TO keer
,ha h,,bwavs ~ commerce omen TO all on
snua, FERNS. and 10 do This II is neces.
sarv ~ mt n complete stop TO all re.
hates Whether the simmer or the rail-
roaS 4. tn blame makes no difference,
NC $50 ,,,s, no slammed the abuses
80 Tho nr,yats car ana private terminal.
,r,o,, IVA sid.-track systems must be
"a ~ iaois,at,or NJ the Fifty.
ssiI nn.ass r,h,ch dec,ares n IN he
nnIa u,,rl for anv nerson or corporation
80 rrart Give solicit. accent OF
rooo,,,o 49,, raho,e concession ar discrim.
1870, ~ ro.nac, ~ the RECONSIDERATION
-, 49,, nronor,v IN Interstate or foreign
oaaraa herohv such nronerty shall
~. am,, doy,ca uhatever ne TRANSPORTED a,
Lee rata thon tha, named in the tariffs
n,hi,shad hy The carrier must be en-.
$3.50 f. cow. time n fter the enact.
49, =, ,ha az, n regulate commerce 4,
'a,as ,,no,aS ones,ion whether that
80. nnsSorroa vnor an. Interstate com.
s.oo nan,r,,ss,nr Tho newer after n had
rnurS a cbajienged rate 10 he unreason.
abIa - dac,aro what Thereafter should
a.i,,o S,oio ho tho reasonable moximum
80 To- ~. tronsnortation in disnute
The s,,nron,o court sinaIIv resolved tina,
o,,os,Ior IN tbe negative so that as the
Law now stands the commission simply
nossess the bare power to denounce q
particular rate as unreasonable. While
am OF the opinion that at present II
would be undesirable, II II were not I'M
practicable, finally to clothe the commits
sion with general authority to fix rail-
road rates, do believe that, as fair
security TO shippers, the commission
should be vested with the power, where
a given rate has been challenged and
after full hearing found to be unreason-
able, to decide subject to judicial re-
view, what shall be reasonable rate 10
take It's place; the ruling OF the com.
| mission to take effect Immediately, and
to obtain unless and until II Is reversed
by the court OF review. The government
must In increasing degree supervise aho
regulate the workings OF the railways
engaged in interstate commerce: and such
Increased supervision 10 the only anerna-
tive to an increase OF tns present eshs
on the one hand or a stiii more raoiCul
policy on the otner In my judgment tne
most important legislative act now neeo-
ed as regards the regulation OF corpora
lions Is this act 10 CONFER on the inter
state commerce commission 'he power 70
revise rates and regulations tne revised
rate to at once go into enect' anu 10 stay
In effect unless and until the court Oh re-
view reverses IT,