Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1905-05-10
PRESIDENTIAL DENVER
Given a Hearty Welcome at Capital
OF Colorado.
SPOKE ABOUT RATES
Chief Executive HsIds That Il "a the
Right and Duty Of Legislatures
TO Confer Supervisory Pow.
er Over Carriers.

DenNer. May s-The Rio Crands
train bearing the presidential party ar.
rived at the union station promptly on
time. $50 p m. Monday. The presl-
dent was taken In hand by President
Temple OF the chamber OF CONNER :.
the governor and mayor. and. SO.
rounded BY a score OF local detectives
went hurriedly through the arched en-.
trance 10 the station. The presidential
party arrived At the Brown Palace ho-
tel at o'clock. For an hour and a
quarter the president was In retire
ment IN his rooms. hastily looking over
important communications and con-
sulting with Secretary Loeb. AT T:i5
he received the members OF the Press
club In his rooms. and was admitted NJ
an honorary member OF the club. A
reception Of the guests OF the banquet
was held and the president then en-
tered the banquet room.
The president made an address. Aft
er discussing various questions OF in
terest. particularly 20 Colorado. .he
president took up the subject OF rail-
road rate legislation In part. as fol-
lows; Il want 10 say word as toI
governmental policy In which I feel
that the whole country ought 20 take
great interest, and which Is itself
but a part OF general policy Toto
which | think our government must
go. I proposed a policy OF extending
the powers OF the interstate commerce
lon - ~ al
ularly the power TO fix rates. and 90
have the rates that they fix 90 Into ef-
feet practically az once As say. that
represents In my mind part OF what
should be the general policy Of this
country. the policy % giving not 10 the
state. but Co the national government
an increased supervisory and regula-
tory power over corporations
The first step and. to my mind the
most important step. is connected with
giving such power over great trans--
portatlon corporations OF this country.
The necessity as regards that is pecu-
liarly evident was going 20 say
when the first pioneers came TO Colo
RADIO but that would hardly be 50. hut
IN the days ~ the fathers OF the older
among YOU. the highways % commerce
for civilized nations were what they
had always teen--that is waterways
and roads. Therefore they were open
10 all who chose 10 travel upon them.
Within the last two generations we
have seen system grow up which.
under the Oh methods. were complete
| " revolutlonized. and now the typical
/ highway q commerce IL. Of course. the
U
/ ed system. we see highways o. COM
merce grow up. each Of which ls con-
| trolled by a single corporation or indi-
vldual. sometimes several Of them be-
ing controlled In combinations. corpo-
rations or few individuals when
such Is the case. In my judgment. II Is
absolutely necessary that the nation.
or the state. cannot possibly do u.
should assume "a supervisory and regu-
latory function over the great corpora
lions which practically control the
highways ~ commerce
Now fix clearly In your minds two
facts al the outset As with everything
else mundane. when you get that SUI
pervisory and regulatory power on be-
half Of the nation you win not have
cured an the evils that existed. and you
will not equal the expectations OF the
miable but iil-regulated enthusiast
who thinks that sou viii have cured AM
those evils 4 measure ~ good viii
come some good WIN be done some
injustice viii have been prevented. but
We shall Do long WY from the mill
lenium. Get that fact clear In your
minds or you win be laying up for
yourselves store % incalculable dis
appointment In the future That is the
first thing.
Now the second. and the more i'm