The San Francisco call., 1905-05-11

Illinois
The President took up the question
of capital and labor, covering the same
ground as in his Denver speech and
advocating Federal regulation OF rail-
roads. He said:
CONTROL OF CORPORATIONS.
Personally, 1 believe that the Federal Gov
corporations. And my views on that subject
could not have been better expressed than
they We're expressed yesterday, I think by
Secretary Taft in Washington: as they were
expressed by the Attorney General In his COM
munication to the Senate couple of weeks
ago.
1 believe that the representatives of the ma
tion should lodge in executive body the
power to esta blish a maximum rate: the power
to have that rate go into effect practically
Immediately and the power to see that the
provisions of the law apply in full to the
companies owning private cars just as much
as to the railroads themselves. The courts
will retain and would retain, no matter what
the Legislature did, the power to interfere
and upset any action that might be confsca-
tory in its nature. l am we'll aware thar to
give this power means the possibility that the
power may be abused. That is true of the
power of taxation. Nevertheless the power
must exist.
Another thing 1 wish definitely understood
If the power is granted to create such
a board shall strive to appoint and retain
men who will do exactly the same justice to
the railroad as they will exact from the rail-
road The men whom l going to appoint
to office will be men VINO will more be
frightened by an well meant popular
clanor into doing any act of injustice to any
great corporation than they VIII be frightened
on the other hand. into refraining from doing
an act of justice because it is against the in
terests of great corporation.
NATION BACK OF CITY.
Now for the other side of the question. There
have been a great many republics before our
time, and again and again those republics
have split upon the rock Of disaster; the great
est and most dangerous rock fn the course Of
any repubic-the rock of class hatred 1t
meant disaster and ultimately the downfall OF
the republic. No true patriot will fail to do
everything in his power to prevent the growth
of any such spirit in this country This Gov
ernment is not and never shall be the gov
not and never shall be the government of a
mob l believe in corporations. They in
dispensable instruments of our modern indus
trialism, but 1 believe that they should be SO
supervised and regulated that they should act
for the interest of the community a whole
So believe in unions. 1 am proud of the fact
that 1 honorary member Of one union,
but / believe that the union. like the indi-
vidual. must be kept to strict accountability
to the power of the law.
Mayor Dunno President of the United
States. and therefore as representative Of the
Of course my hearty support in upholding the
law, in putting down violence, whether by
mob or by individual. Cheers, with many
standing, waving handkerchiefs, napkins.
etc) And there need not be the slightest ap-
prehension in the hearts of the most timd that
ever the mob spirit will triumph in this coun-
try. Those Immediately responsible for deal
ing with the trouble must, 1 know you
will. exhaust every effort in so dealing with 1t
before call is made upon any ouside body
But If ever the need arise. back of the city
stands the State and back of the State stands
the nation. And there, gentlemen is point
upon which all good Americans are one. They
are all one in the conviction, in the firm deter
mination that this country shall remain in the
future as il has been In the past a country
Of liberty and Justice under the forms Of law.
ENTHUSIASM AT CLOSE.
Rarely before in this city has such
genuine enthusiasm been evoked as
was awakened by the President at the
conclusion of his speech. AS he an
nounced the fact that behind the State,
the nation would stand for the preser-
walton of order in Chicago, wild cheers
and vigorous clapping of hands inter-
rupted him for several minutes. When
he brought his address to close his
auditors shouted, cheered and waved
their napkins in approval. Dozens of
the guests mounted chairs and shouted
until they were hoarse Some of them.
carried away with enthusiasm, jumped
upon the tables, needless orlinen and
china and glassware, and sent forth
cheer after cheer.
Mayor Dunno, profoundly moved by
the words of the President. sprang
from his seat and grasped the Presi-
dents S hand, which he shook vigorously
while he expressed his gratitude.
For fully ten minutes the hall rang
with the applause, while both Demo-
Gratis and Republicans gathered around
the President to offer their congratu-
lations on his speech. Smiling and
bowling in response to the congratula-
tions showered on him, the President
attended by President Gunther and the
members of the reception committee,
slowly made his way from the hall to
his rooms to prepare for his departure
from the city.