The daily morning journal and courier., 1905-05-11
ROOSEV fLT THE GUEST
 OF CHICAGO DEMOCRATS
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 thing else-honesty of purpose and in- tensity of effort'
 Governor Deneen spoke to the toast
 Illinois and J. M. Dickinson spoke to The Iroquois Club.'
 When Toastmaster Lewis arose to in troduce President Roosevelt he was at first given no opportunity to speak. The entire assembly was on its feet waving handkerchiefs and napkins and cheering with vigor. When his voice could be heard, MT, Lewis happily in- troduced the president, who spoke as follows
 "Mr. President MT. Toastmaster. and you, my hosts: very deeply appreciate the honor of being your host of the city of Chicago this evening, and in looking at the possibilities of the fu- ture, let me add that I have not the least anticipation of Chicago's ever re- versing that most complimentary vote which so deeply appreciated last year because It will never have the chance.
 There are foreign questions and there are domestic questions Our pol- itics should, and in the great majority do disappear at the waters edge. Most questions that come up in Washington are questions that go much deeper than party; are questions that affect the
 Whole country; and the man would in- deed be unfit for the position of presi- dent who did not feel that when he held that office he held it, in the most emphatic sense, as the representative of all the people.
 One of the works Uncle Sam has on hand just at present is digging the Panama canal, and it is going to be aug. It is going to be dug honestl, and as cheaply as is compatible with efficiency, but with efficiency first. wanted congress to give me power to remodel the commission. It did not do it. l remodeled it anyhow, purely in the exercise of my executive functions; and made up my mind thit time that was not. going to make the slightest effort to represent different sections of the country on that canal. was going to try to have the whole country repre- sented and put the best men could get in any given position without the slight est regard as to where he came from. T believe that sooner or later 1t will 1 be found that the great bulk of our people agree with what am about to say. 5 S ! Among the most vital questions that have come up for solution because of Ithe extraordinary industrial develop ment of this country, as Of all the mod ern world, are the questions of capital and labor, and the questions resulting from the effect upon the public of the organization into great masses of both capital and labor. I believe thoroughly in each kind of organization, but rec ognize that if each kind of organization does what is wrong with the increase In it's power for efficiency that has result ed from the combination, means the in- crease in it's power to dc harm. and i that, therefore, corporation, that is, or ganized capital and union, that is, or ganized labor, must alike be held to peculiar responsibility to the public at large; and that from each alike we have the right to demand not only obedience to the law, but service to the public Now, observe there are two sides to what I have said, and we are very apt to hear only insistence upon one side; sometimes the insistence upon this side, sometimes the insistence upon that, but not as often as we should insistence upon both sides of the question. T will take up first the question of organized capital When this nation was created, such things as modern corporation not only did not exist, but 1 could not be imagined. That is espec- tally true of the great modern corpora
 tions engaged in interstate commerce. A century ago the highways of com merce were exactly such as they had been from the days of the dawn of civilization on the banks of the Nile and in Mesopo otamia. We now have the