The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1905-08-11
PRESIDENT
At CHATAUQUA
International and Domestic
| Problems Discussed
| wLelTIoA Of MONROE DOCTRINE
..n;n,I Prosecution Of Arrogant and
Predatory Trusts Has Been
Found Necessary.
wLIslrIeN Of MONROE DOCTRINE
CHAUTAUQUA, N. Y, Aug. H.

cvATyTAUQUA, N. Y, Aug. IL
The president and party arrived here
IN the rain at $50 a. m. and were
,oten to Higgins hall for breakfast,
nhico was cooked and served by young
,odias of the domestic science depart
ment. Governor Higgins was absent
an account Of illness of his family.
rolowing breakfast and drive the
rrasident entered the auditorium and
hsiog introduced he delivered an ad-
dress.
Presidents Address.
After discussing at length the Mon
rop doctrine and the necessity Of pro-
tacting the weaker republics on the
south President Roosevelt said:
Now for one feature of our do
nestle policy. One of the main feat
ures of our national governmental
policy should be the effort to secure
adequate ana effective supervisory and
regulatory control over all great cor
pOratOns doing an interstate bus
mess. Much of the legislation aimed
10 prevent the evils connected with
the enormous development of these
great corporations has been ineffec-
tive partly because it aimed at do
Ing too much, and partly because it
did not confer on the government a
really efficient method of holding any
guilty corporation to account. The ef-
fort to prevent all restraint of COM
petition whether harmful or beneficial, =,
has been ill-judged; what is needed is
not so much the effort to prevent COM
bnation as a vigilana and effective
control of the combinations formed,
50 as to secure just and equitable deal
Ing on their part alike toward the pub
lie generally, toward their smaller
competitors, and toward the wage
workers in their employ.
Further Legislation Needed.
Under the present laws we have in
the last four years accomplished much
my is Of substantial value; but the
-esnulties in the way have been so
great as to prove that further leglsla-
uon is advisable. Many corporations
Shaw themselves honorably desirous
10 obey the law; but, unfortunately,
some corporations, and very wealthy
ones at that, exhaust every effort
which can be suggested by the high
e' ability, or second by the most
N'lSh expenditure of money, to de-
Fd' the purposes of the lows on the
Statute books.
0oFporations, but the business world
SeHerally, ought to realize that such
'OHduct is in every way perilous, and
Institutes menace to the nation gen.
eaIiy and especially to the people
great property.
earnestly believe that this is true
=, " only a relatively small portion of
vac very rich men engaged in handling
~ eldfgest corporations in the coun-
w. out the attitude of these COM
t~'"'lNely few men does undoubtedly
- @''n the country, and above all harm
0 NEIL OF large means, by the just,
sometimes misguided, popular in
ushation to which it gives rise. The
Sol'uatlon in the form of what are
iUpuidrly called trusts Of corporate
ests - OF immense value has tended
=. piouuce unfair restraints Of trade
na.al al oppressive character, and these
an4"a @F restraints tend to create great
n .'''ial ~ monopolies. The violations
'ne law known as the antitrust
n"' ,,',' which was meant to meet the con-
MOI NS mus arising, have more AMI
corrt, oecome confined to the larger
wbns1 b'a'ions' the very ones against
Sion :, polcy of monopoly and oppres-
1 rsotos "e poilcy of law was chiefly di-
hv Many of these combinations
/ itisatin' methods and by protracted
70 "'Ioh e are still unwisely seeking
inesa, the consequences Of thei,
Very ae'lon' The government ha:
in st, pIoperIy exercised moderation
nal !ptlhg to enforce the crimi-
it nae DIVISIONS of the statute; but
Soma oecome our conviction that ir
certo;. eases. such as that of at leas,
indiotn VI the beef packers recentl,
irse'ed ioraa in Chicago it is imnossihl,
il the ex,.. snow leniency. Moreover
equats EXISTING law proves to be mad.
tevi5oso 'hat under established rule.
be read;i, eiear violations may no
law MY proved, defiance of tn,
segislatiass inevitably lead to further
Sre dran., i' This legislation may b,
Il So it must Stic 'nan I would prefer. L
that + , wsn be distinctly understood
determinat,oe oe because of the stubborn
cOmbinatiooinon of some of the grea
The enforcaa IN striving to preven
by eyerv eihent of the law as it stand
many Of esice' wee legal and illegal. Yer,
submittinaa. alternative is simply betwee'
ernmaug ern,lhg to the mild tina 'mee' oe "e.,
AlTOl "a