Durango semi-weekly herald., 1904-12-08

| | am SOlicltOuS OF measure OF conf
| dence on the part of the public an,
our employees that | shall hope ma,
be warranted by the fairness ant
good fellowship intend shall prevail
in our relationship.
But do not feel | am disposed tf
grant unreasonable requests, spend
| the money of our company unneces
| sarily or without value received. moi
expect the DAYS of mistakes are dis
appearing, or that cause for com
plant will not continually occur
simply to correct such abuses as NAV
he discovered, to better conditions as
fast as nay reasonably be expected
constantly stiiving, with varying sue.
ccss. for that improvement we all de
sire, to convice YOU there is a force
al work in the right direction, all the
time making progress-is the dispo.
sition with which / hav, come among
you, asking your good will and en-.
couragemont The day has gone by
when corporation can be handled
successfully in defiance of the public
Will, ever 'hough that will be unreas.
enable art VIZ lng A public may be
led, bu- net driven. and | prefer TO
90 with 1t end shape or modify. In
u measure, its opinion. rather than be
swen from my bearings. with loss to
myself End tn interests in my charge.
violent prejudice exists towards
corporate activity and capi,al today.
much of II founded in reason more in
appreheI sion and Large measure ia
due to the personal traits of arbitra-
nv, 'nreasonalle, incompetent and of
iensite men in positions of authority
The accomplishment of results by in.
dire don, the endeavor to thwar, the
intention, If Ut the Expressed letter
of the Law tthe will of the peoplel a
disregard of the rights If Others n
dis position to withhold what is due
to force by mein strength or inactiy.
ity q result not justified. depending
upon the weakness OF the claimant
and his indisposition to become in.
Volved Ia litigation, has created sen
timent harmful in the extreme and n
deposition to consider anything fair
mat gives gain to the individual at
ihe expence of the company. II COR.
pore ftions are - continue to do the
worlds work, rs they are best fitted
to. these qualities in their represent.
atives that have resulted in the preju-
dice against them must be relegated
10 the bacl'glound. The corporations
must come cat into the open and see
and be seen. They must take the
public into their confidence and ask
for what they want. end no more and
be pi pieraied TO explain satisfactorily
what adyantage will accrle to the
public If they ere given their desire ;;
for they are permitted to exist. not
that they my make money solely
but that they may effectively serve
those from whom they, derive their
power
Publicity. and not secrecy. will
win hereafter. and laws be construed
by their intent and not by the letter.
otherwise public utilities will be own
cd and operated by the public which
created them, even though the serv-
ice be less efficient and the result less
satisfactory from a financial stand.
point"
Bureau of Corporations.
The bureau of corporations has
made careful preliminary .invostiga-
ton of many important corporations
II Will make special report on the
glancing to the ceiling and then drop
ping to the floor After being hit Nor
ris backed up, stepping around be-
mind some bye-standers as though to
get out of the way and a moment lat
er falling to the floor dead.
The policy of the bureau is to ac-
complish the purposes of its creation
by cooperation, not by antagonism;
by making constructive Legislation,
not destructive prosecution. the i'm
mediate object of its inquiries. by
conservative investigation of law and
tact. and by refusal to issue incom-
plete and hence necessarily inaccur-
ate 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 confidence.
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 Of our various great sta
pies of commerce
OF necessity the careful inycstiga
lion OF special corporations will afford
ne commissioner knowledge Of Ger.
tain business facts, the publication Of
which might be an improper infringe
ment of private rights. The method
of making public the results OF these
Investigations affords. under the law,
a means for protection of private
rights. The congress will have all
facts except such as would give to
another corporation Information which
would injure the legitimate business
Of competitor and destroy the In.
centive for individual superiority and
thrift
The bureau has also made exhaust
i've examinations into the legal condi
tion under which corporate business
is carried on in the various states
into all judicial decisions ON the sub
ject; and into the various systems OF
corporate taxation In use, | call spe