New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-11

oaonrion of a law comforting upon soLie 90 80
Two bodv the power Of Increased super NISoaa $50
ragI,istion of the great corporations ehsasSSIu
Ies uia a. interstate commerce of the rall-
loads And my views on that supJect cOuIu nv
have been better expressed than taey re - a.
araeeed Yesterday think by SecretaIy 19I'. IA
EEroehin9ton and as thS were expressed ~ tie
Attorney General in his commuIlica. io" ~ Liz
Senafe committee couple OF weeks aso'
HIS PLAN FOR RATE CONTROL
believe that the Representatives OF tne ma ma
ton should lodge in some exeeut.He pouS o r,ar
mower to establish maximum rate, the PoM We
70 have that rate go into effect practcallS I'M
nediately and the power to see that the Pr to-
visions of the law apply in full TO lle coPaIls
t,, nrfI,ate cars lust az much as to the rail-
Uo.ae themselves The courts would RETAIN no
matter what the legislature did, the power 10
interfere and upset any ac'Ioh '~ ~
fscatory In its nature. -,
= am well aware that the action OF suoh q
body as l have spoken OF may stop Tar 81 tb az
con6scation and yet do great damage. III otIl
words 7 am well aware that TO give thls power
means the possibility that the power may De
abused That possibility we must race LAly
49, strong enough, any power which could be
granted sufficiently great TO De eiiCleIil, S
he sufficiently great TO be harnIul II aous1eo'
THAT is true Of the power Of taxation. NeVeIIhe
-. 20 mower of taxation must exist; and so
with the power of which l speak, II must eA4ol
Il must be lodged in some pooy which 10 "
9s,,a EXPRESSION to the needs of the people as
whole and the fact that 1t is possible lhdt Ihe
mower may be abused is not and cannot be an
argument against placing 1t where we sha4i nave
h
One thing wish definitely understood: If
the power is granted 70 me TO cream coptinme in
power If so desire. a commission or poaiu,
with increased powers shall strive TO aPpoInt
and retain men who will do exactly the saIne
Justice to the railroads as they VIII exact from
Now for the other side of the question. There
have been a great many republics beIore our
time and again and again those republics have
split upon the rock of disaster; the greatest
and most dangerous rock in the course OF any
republic the rock of class hatred. Sometimes
the republic becams a republic in when one
class grew to dominate over another class ana
for loyalty TO the republic was substituted 10Y
atty to a class. The result was in every case
the same It meant disaster, and ultimately
the downfall of the republic, and 1t mattered
moi one whit which class It was that becams
dominant: IT mattered not one whit whether the
poor plundered the rich or the rich exploited the
poor In either case just soon as the re-
public became in which one class sought
TO benefit itself by injuring another class, IN
which one class substituted loyalty 10 tla a
class for loyalty to the republic, the END OF IHe
republic at hand
10 true patriot will fail to do everything in
his power to prevent the growth OF any such
spirit in this country. This government is not
and never shall be the government OF plutocI
racy This government is not and never shalk
be the government of a mob ! believe In cor
porations They are indispensable instruments
in our modern industrialism but l believe that
they should be so supervised and regulated that
thew should act for the interest of the comInun-
ity as a whole. So 1 believe in unions am
proud Of the fact that L honorary mem
her of one union, but believe that the union
like the individual, must be kept to a strict &C
countability TO the power Of the law
NATIONAL POWER BACK OF ALL
Afavor Dunno. as President of the United
States and therefore the representative or
the people of this country, I give you as a mat
ter OF course my hearty support In upholdlng
the law In keeping order, in putting down Vlo-
lence whether by q mob or by an individual.
Cheers with many standing, waving handker-
chiefs and napkins.) And there need not lie the
slightest apprehension in the hearts OF the most
tirnid that ever the mob spirit VIII triumph IN
this country. Those Immediately responsible for
dealing with the trouble must exhaust every
effort in so dealing with It before call is made
upon any outside body. But If ever the need
arises back Of the city stands the State, and
back of the State stands the nation. (Cheers)
And there, gentlemen, is a point upon which
all good Americans are They are all one
in the conviction. in the firm determination, that
this country shall remain in the future, as II has
been in the past, country Of liberty and justice
| under the forms of law. country In which
| the rule of the people is supreme, but in which
! that will finds its expression through the forces
! of law and order, through the forms of law ex-
| pressed provided for in the Constitution of
the United States and Of the several States that
go to make up our nation.
At the close Of his speech the President was
cheered again with enthusiasm, and members
Of the club pressed around him to shake his
hand in congra tulation. Then, accompanied by
President Gunther and the members of the re-
ception committee, he left the hall while the
guests cheered Justify. He went to his room
in the Auditorium to prepare for his journey
to Washington, his train starting shortly after
midnight