Daily capital journal. (Salem, Oregon) 1903-1919, 1905-08-11

agree, with a penalty OF forfeiture OF
their right to engage in such com.
merce, to furnish any evidence Of any
kind as to their trade between the
states whenever so required by the
department Of commerce.
II is the almost universal policy of
the several states, provided by stat
ute, that foreign corporations may law.
fully conduct business within their
boundaries only when they produce
certificates that they have complied
with the requirements of their respec.
tive states; in other words, that con,
porations shall not enjoy the privileges
and immunities afforded by the state
governments without first complying
with the policy of their laws. Now
the benefits which corporations engag-
ed in interstate trade enjoy under the
United States government are incaleu'
liable; and in respect Of such trade the
jurisdiction Of the federal government
is supreme when it chooses to exercise
it.
When, as is now the case, many of
the great corporations consistently
strain the last of legal tech
nicality TO avoid obedience to a law
for the reasonable regulation of their
business, the only way effectively to
meet this attitude on their part is to
give to the executive department of
the government q more direct and
therefore more efficient supervision
and control Of their management.
In speaking against the abuses
committed by certain very wealthy
corporations or individuals, and of the
necessity of seeking so far as it can
safely be done to remedy these abuses,
there is always danger lest what is
said may be misinterpreted as an at.
tack upon men of means generally.
Now il cannot too often be repeated
in a republic like ours that the only
way by which it is possible perma-
nently to benefit the condition Of the
less able and less fortunate, is so to
shape our policy that all industrious
and efficient people who act decently
may be benefited; and this means, Of
course that the benefit will come even
more to the more able and more fortu.
nate. If, under such circumstances,
the less fortunate man is moved by
envy Of his more fortunate brother TO
strike at the conditions under which
they have both, though unequally,
%prospered, he may rest assured that
while the result may be damaging to
the other man, IL will be even more
damaging to himself. OF course, I am
speaking Of prosperity that comes UNI
der normal and proper conditions.
In our industrial and social system
the interests of all men are so closely
intertwined that in the immense ma.
jority Of cases the straight-dealing man
who by ingenuity and industry bene-
fits himself must also benefit others.
The man Of great productive capacity
who gets rich through guiding the la.
Dor of hundreds or thousands of other
men does so, as a rule, by enabling
their labor TO produce more than Il
would without his guidance, and both
he and they share in the benefit, so
that even If the share be unequal It
must never be forgotten that they too
are really benefited by his success.
A vital factor in the success Of any !
enterprise is the guiding intelligence
OF the man at the top, and there is
need in the interest Of all Of us to en-.
courage rather than to discourage the
activity Of the exceptional men who !
average men so that their labor
may result in increased production Of
kind which is demanded at the {
time, Normally We help the wage
worker, we help the man Of small {
means, by making conditions such that y
he man Of exceptional business ability
an exceptional reward for that 1
Z
But while insisting with all cmphar !
rs upon this, it is also true that ex. I
'erienee has shown that when there Q
8 no governmental restraint or su $
'eryisiOn, some of the exceptional men
their energies not in ways that are c
the common good, but in ways \
Inch tell against this common gOod;
nd that by so doing they not only L
'rong smaller and less able men
neither wage-workers or small pro
ueers and traders-bet force other
ZEN of exceptional abilities them
to do what is wrong under PEN .
Ity Of falling behind in the keen race q
'r success. There is need of l~egisla. :