Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1904-12-10

Violent rludIrD exists toward
corporate activity aud capital rOday.
much OF o. founded in reason, more
ln approhon ION. and q large measure
due go che personal traits ol arbl.
trnry. unreasonable. incompetent.
and neuHt. men iu positions Ol au.
thority The accomplishment of ro.
IHuils hy uUrcciOn the CndClyOr to
I t.Nart fho mtantlon Or mot rno ov.
pressed letter OF the law (tho will of
Toe ucouiCI. a disregard of the
ri hts of others. a dispoaiti1n 10 with.
hold what is due. DO force by main
.irantih 0r inactivity result not
Justified, depending upon the weak.
ness 1f Inc claimant and bis indis.
position to become Involved in liti.
cation ha created sentiment
harmful iu np extreme and n dlap0.
aiti1n 60 consider anything fair that
glyos gain t0 the Individual az the
expense OF the company.
"lf corporations are to continue to
I DO me worlds work MS they are best
Z q lpd lu. ilUsu qualities iu ttCir rrp
rcaontatlvoa that have resulted in
che present prejudice against them
must ho roleEltnd to The background.
b Iho corporations must come Oui into
I the open and see and be- seen. They
mus take the public into their con.
Idputo and ASK Tor shat theJ want
I and mo- more. and bo prepared to oV.
plain satisfactorily what advantage
VIII accrue Co the public ~ they are
glyon tneir desires. FOR they are per
miftod to exist not that they may
make money solely. bat that they
may effectively serve those from
whom thoy derive their power
Publicity. and nos secrecy. VIII
win hereafter and laws Dee construed
/ Uy their intent and not by their let.
ter. otherwise puhllc utilities viii bo
Iowuoi and operated hy The public
wsich created them. even though the
service bo loss efficient and the result
Ices satisfactory from a financial
standpoint
Bureau Of Corporations.
The bureau of corporations has
made careful preliminary inve8iiga.
tIon of many important corporations.
Ilt Will mako "a special rupor. ON tae
beef industry.
The policy Of the bureau is 90 ac.
comuliah the purposes Of Soc creation
Ihy cooperation. not antagOni8mi hy
making constructive legislation. NOT
destructive prosecution the imme
diatc object of its inquiries. by con.
seryatyo inyCstif CATION of law aud
fact. and hy refusal 90 issue incom'
plnto aud hence necessarily iunccur
late reports. lts policy being thus
lone OF open inquiry into, and not az.
tack upon. business, che bureau haa
beon able 10 gain not only the confi'
dence. but. better still the coOpera.
/ ton OF men engaged in Legitimate
| business.
Tho bureau offers 20 the couErcss
the means OF getting az the cosl OF
production OF our various great
staples OF commerce.
/ OF necessity the careful inyeatiga
\ tlon of special corporations viii az
| ford the commissioner knowledge OF
/ certain business facts, the puhllch
zion OF which might be improper m
I frnremont of private rights. The
method OF making public the results
of these Investigations affords, under
tho law. "a means for the protection
Of urlyate rights Tho congress VIII
have an facts except such as would
/ Give to another corporation iuforma
/ Uon which would inlure the legiu
mate business OF "a competitor and
destroy the incentive for individual
supor.uhty and thrift
Tho bureau has nl-o made oNhnu8
tive examinations IN 90 the legal con
dltlons under which the corporate
business is carried on. In tho various
states into an judicial decisions or
the subject. and into the various Hy8
/ TENS % corporate taxation in use
| / cali special attention 90 tho report
of the chief OF the bureau; and
earnestly ask mat the congress caro-
fully consider the report and recon
/ mcndatlona OF the commissioner on
this subject
insurance.
The business OF insurance vitallJ
affects the great mass 81 the people
of the United states and ig nationa
and not local IN iis application. II
involves multitude of transactions
among the people OF the different
states and between American compan
les and foreign government | urgt
that the congress carefully consider
whether the power Of the bureau 9l
| corporations can not c0nstiiuti0nally
be extended 10 cover Interstate
transactions in insurance.
Rebates
Above an else. we must strive IA
keep the highways OF commerce open
20 an ON equal term. and 90 do this
| ~ o. necessary % put n complete stor
10 an rebates. Whether the shipper
or the railroad "a 10 blanc makes nj
difference; tho rebate must be- stop
ped the abuses OF the private cas-
and private tormlnaltrack and side
! track systems must be stopped and
che legislation OF tho ffty.oighth con
/ rrogs which declares u 90 be unlaw
nh FOR any person or corporation "a
/ OFFER grant. give, solicit accept OF
! receive any rebate, concession. on
/ discrimination On respect OF the trans
! p0rtatlOn OF any property in inter
state or foreign commerce whereby
| such property shall by any dovicf
whatever be transported az less
rate than that named Ca the tnriRl
published by the carrier mast bo en-
forced For some time after the on
actment Of the act 90 regulate com
morce Il remained a mootod question
whether that act conferred upon The
interstate commerce commission the
power, after e had found a challong
ed rate 90 be- unreasonable maximum
rate fur the transportation in dispute
The supreme court finally resolved
that question On tho negative. $50 that
as the law now stands the commits
sion Nimulv DoHeogg the hare mower