Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1904-12-06

uEsDAY, DECEMBER :, 1904, 4 So
9.
: such abuses as may be discovered. "a
better conditions az fast al reasonably
may be expected. constantly striving,
with varying success, for that improve.
ment we: all desire to convince you
there is q, force at work In the right di,
rection, all, the, time making progress,
is the disposition with which I have
come among you, asking your good
will and encouragement. t'
1.-THE day has gone by when corpo.
ration can be handled successfully In
defiance Of the public will, even though
that will be: unreasonable and wrong.
A public may be led, but not driven, and
prefer to go with it and shape or mod.
ify in measure it's opinion rather than
be swept from my bearings, with loss to
myself and the interests in my charge.
"Violent prejudice exists toward cor.
porate activity and capital today, much
Of 1t founded in reason, more in appre
hension, and a large measure is due to
the personal traits of arbitrary, unrea.
sonable, Incompetent and Offensive
men in positions Of authority. The &C.
complishment of results by indirection,
the endeavor to thwart the intention II
not the expressed letter Of the law (the
will Of the people,, a disregard Of the
rights Of others, a disposition to with.
hold. what Is due, to force by main
strength or inactivity result not JUS.
titled, depending upon the weakness Of
the. claimant and his indisposition to
become involved in litigation, has ere.
ated a sentiment harmful In the ex.
IRENE and disposition to consider any
thing fair that gives gain to the indi.
vidual at the expense Of the company.
>: If corporations are to continue to
do the worlds work, as they are best
fitted to, these qualities in their rep
resentatives that have resulted in the
present prejudice against them must
be relegated to the background. The
corporations must come out into the
open and see and ,besseen. They must
take the public into their confidence
and, ask for what they want, and no
more, and be prepared to explain salts
factorily what advantage will accrue to
the public IL they are given their desires,
for they are permitted to exist not that
they may 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 their letter;
otherwise public utilities will be own
ed and operated by the public which
created them, even though the service
be less efficient and the result less sat
1sfactory from a financial standpoint"
.-'r. Bureau Of Corporations. ..,
The bureau Of corporations has made
careful. preliminary investigation of
many important corporations. 1t will
make special report ON the beef in
dustry.
The policy Of the bureau is to &C.
compltsh the purposes Of Its 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 pol
icy being THUS one.of open inquiry into
and not attack upon business, the bureau
has been able to gain not only the con-
adence. but better still, the cooperation,
Of men engaged In legitimate business.
The bureau offers to the congress the
means bf getting at the cost Of pro
duction Of our various great staples OF
commerce. n@.tf Il * ~, -, = :. i0ss4bft
OF necessity the careful investigation
Of special corporations will afford the
commissioner knowledge of certain
business facts, the publication OF which
might be an improper infringement OF
private rights. q The method Of making
public the results Of these investiga.
tons affords under the law a means
for the protection Of private rights
The congress will have all facts ex.
espt such as would give to another
corporation Information which; would
inture the legitimate business Of. q
competitor and destroy the incentive
for individual superiority and thrift.
The bureau has also made exhaustive
examinations into the legal condition
under which corporate business ii car
ried 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 atten
lion to the report Of the chief OF thu
bureau, and I earnestly ask that til,
congress carefully consider the repor,
and recommendations Of the commits
sioner on this subject. %..45s. h. III
Ns Insurance. Z Z. es&%a5zss #
Tho business Of insurance vitality az
1octs the great mass of the people Of
the United States and IL national and
not local in its application. It involves
q multitude Of transactions among til,
people Of the different states and be
tween American companies and foreign
governments. ! urge that the congress,
0ano%ul1v conaiAAr ruhn% a.. <1.n v,<,ru,a