The Forrest City times., 1905-12-08
Mould Materially Increase the Powers of Interstate CoTn-
 merce Commission.
LIFE INSURANCE QUESTION
esss Good and Evil in Labor Unions -Asks for Immediate Appropri- zSons for Panama Canal, and Promises Report of Board of En- xineers and Recommendations -.ster--other Matters.

Washington. Dc. The @aaHa. mes snge ef Pres dent Roosevelt Was read in Aala houses Of congress today. II IS q doe sarz.nl af some -sHt1 woras. and con zs. rteozEHou4at59a for much important legislation
 The subject of fesefa. supervision of cor y.aFatlons aaj espeeis.ss railroad corpora rlspS is the ursg suhJr-, -~Taz zed Of by the president anu to | he gives tGe gFeates' amount ot attention Alter speaking oi tEe xenrral prosperity of tte c99@tFE, and the 9owsr Of the corporations f9f 5eoe CT eA1t n come lion wi:h the nations ItcspeiilA, Ae says:
 sa Long as the finances o4 the nation sre Rrpt upon an honest basis. no other anestio1 of internal economy with which the congress has the power D deal begins ro approach in importance the matter ol &uaeavoring 70 secure proper industrial ssSnhi lions under winch the individuals ard especially the great corporations doiug an interstate business arc to act. The makers of our national constitution vs-oxided especially that the regulation -sf interstate commerce should come with su The sphere of the general government. The arguments in favor of thc.r taking ths stand were even then overwhelming. tsUt they are far stronger to-day. in View st the enormous development of great asiaess agencies, usually corporate ia sssrn Experience has shown conclusive | that | x uSe.e=s tb tFy to get any .dvanate regulation and supervision =ol fasse EFeat earp8fat 4ons bN statc acton. saeh regulation and saperN.= oh c1u aatf ee effectively exercised by q sovereign wh9ss Jurisdiction Is co,xlenslye with the fsss! of work of the aofP1rattonS-t that iz. D. iae national government l believe -As2i thiH regulation and superV.S' on eau De c&5lalnel by the eaavtmeal ef law b sse congress. if thIs proves imp5ss .bIe, II sul certainly be necessary ultimately so tunfcr in fullest form such power upon ssse national government by proper z1aeadmeut af the constitution. IL w6did -eaSs iSasly he unWise to cndeaVoc to secure sseA an amendment until t .s cerIa.n shss tAe result cannot be obtained under Re cans uiution as l. now .S. The laws @s t&e congress and Of the several states f3AsTte as passed upon by the courts .saTe resulted more often !n showing that 1se states have no power in the matter 'EsA An tnat the national government has Ts"eT; so that there &t present exists . Fory unfortunate condition of things. zzslsf which these Ereat corporations do- tS m interstate business occupy the p3- sNSn Of subjects without T sovereign 2ssiher any state soverument nor the la 2a1a5 government having effective con si-eS oNsr them. Our steady aim shon1d ss by legislation, cautiously and care 1st@y undertaken, blt IeS3IUteIv per se4 sHca ls, 10 assert the sn@ereicHtv of she national government; by affirmative se2lea.
 Present Laws Inadequate.
 r has been a misfortune that the na- sshA laws on thlS subject have hither.o s-fn ot negative or pc5hibitIyc rather assao aa affirmative kind. and sill more taht they have in parf sought 10 prahihs. Ts72t t5Uid aot hc eSe. tivafes fr6r5hffed a2<' a#AN Ha par n thg-r prohibitions fsF33 st a#ea :" mt should be allowed aad &aa. "AsHs4 n't l. aiiowe.3 r. 5s aFa-
 } -Al} a=5.sss t7 its ta ssa4i5.t Ill re- as@i1t on c3m2etst-aa. 4aeaher tffaz=re E~a;nt Ina reasonable. .r- #55-#r.-...5,#. 4,s... Aad where .t H=t rt-a..sS zf is 54e.f- @ssf Etftssta. Ergafs A4,. shown thas r s spt possible aae+aate.,. ta s...tre tso sthfst af att= -sW jas f-s0d b, 4'=-.afs tpeal t7 fhe ca=.rfs The dc ssar lf1Sht at Justice aae ea-=t =t1.a ,-et fr- Sssrt devoted maae attention -, tha F..- '.ii.;t@ or tHe antitrust legislation E&A to anything ff=o. Nfaeh has been feeo7s1p pnshed, uar.4cllarlF marked ,qas stsh the moral tlffet at tlle .l--tsa.-.gi .s... soi E |. increasingly evident that thsee n oe Nery .hsua. e.eg. he~ee-zaz fe- Si-S n tte way 0f ea a7mie esaucc The sGsr.Sss8l prosecution ot a-s device To WIZ t4lF ia W -lla-ilt tt cops sttl- xshcf device to acenmpl sh the same pam- scSe What Is needed ts aat sweeping prohibition af every arr#HEtfasut. Saal ss bad. which may t5r1 ja restrict com s~t lion. aaf sue h ades1aIt. supervision and regulation as w.H prevent any re- strsct5on ot competition From b,iag t3 e<s3 CSt-1nsa- 0t =ttta Iaalfa-aS well as 4acA supervision and resa,at+on as wln prevent other abuses 5r no WaN connected s4th rc5trIgtlJu of e -anvtjfta,8. of these abuses. perhaps The satet although lu zao naFans the o0E a=e. Is oVarcar-t ffza- t3osl-gt pcra.iy itself .he result oi aIShaa- sasz pTomotion-bsea4>t at she myriad evils Il brings !n 5fs trasrs for 7Irh over capitalization often means an uratzoa That invites buSineSg par.cs | gtv lls=z.l..- ss2ziS ne tFiie relation at ths pru.-- .,.l-Fstd aa Inc capital actually iaA6>ts1. and T. creates a burden of interest patfn= =ats which is a fertile cause of improper IT. suction n TT limitation 0f Wages: F 5aznaEes he small investor dlsroaraees ssjfift. aaa encourages gambling and speculation: while perhaps worst of all ss tae triCkiuess and dishonesty which it srapsles-fer harm to morals .s worse than nay possible harm tJ material interests. s1a the debauchery 0f politics and husI- saess by great dishonest corporations is 1ng worse than any actual material evil saey do the public. tutl the national ssoFernment obtains. ln some manner sntch the wisdom of the congress may oaEgest. proper control over The big cor ssogAiions engaged in interstate commerce that is. over the great majority of the ssg corporations-it Will be impossible 10 5a2l adequately with these evils.
 Railroad Rate Regulation.
 am well aware of the difficulties x fbs legislation that l: an suggest