The Holly chieftain., 1905-10-27
DOWN IN GEORGIA
PRESIDENT ROOSEVELT WARMLY
GREETED AT ATLANTA.
DISCUSSES CORPORATIONS;
Visits His Mothers Old Home at Ros-
understandable Ovation at Geor-
sia's CapitaI-PIain Talk on Ma.
tional Questions.

weii.-Remarkabie Ovation at Geor-
sia's CapitaI-PIain Talk on Ma.
tional Questions.
Misunderstanding his brief sojourr
al his mothers old home in Roswell.
where he showed deep feeling, the
Presidents visit to Atlanta on Friday
was marked event in the history Of
the state of Georgia. He was greeted
on his arrival by her most distin-
guished citizens. and throughout the
day on every hand were shouted words
of welcome that left no room for doubt
of their sincerity
The city was In gala attire and busi-
ness was practically suspended that all
might greet the distinguished guest.
South Carolina, in the person of Gov
ernor Hayward, added it's welcome to
the South. 1t was estimated that not
less than 100000 persons saw and well
coined the President. His address here
was devoted to the advantages OF pro-
lection, the regulation of corporations
by the government, crookedness in
politics, dishonesty in business and the
Chinese question. He declared that
coolies should be kept out, but other
Chinese coming here should be well
treated.
In his address at Piedmont park, the
President said:
THE problems which we of America
have to face to-day are very serious,
but we will do well to remember that
after all they are only part of the price
which we have to pay for the triumphs
we have won, for the high position to
which we have attained If we were
a backward and stationary country we
would not have to face these problems
at all; but think that most of us are
agreed that to be backward and stati-
onary would be altogether too heavy a
price to pay for the avoidance of the
problems in question.
There are no labor problems where
there is no work to be done by labor.
There are no troubles about corpora
tions where the poverty of the COM
munity is such that it is not worth
while to form corporations. There is
no difficulty in regulating railroads
where the resources of region are SO
few that it does not pay to build rail-
roads.
There are many excellent people
who. shake their heads over the diff
culties that as nation we now have
TO face; but their melancholy is not
warranted save in very partial de.
gree, for most of the things of which
they complain are the inevitable ac-
compartments of the growth and great.
ness of which we are proud.
Undoubtedly there is need Of regu.
lation by the government, in the inter-
- rs H., ~f 1r
rations which in modern life have
shown themselves to be the most eff
cient implements, and which are,
therefore, the implements commonly
employed by the owners of large for.
tunes. The corporation is the creature
of the state. 1t should always be held
accountable 10 some sovereign au
thority, and this accountability should
be real and not sham. Therefore, in
my judgment, all corporations doing
an interstate business-and this means
the great majority of the largest cor.
porations-should be held accountable
to the federal government, because
their accountability should be cock.
tensive with their field of action. But
most certainly we should not strive to
prevent or limit corporate activity.
1.-The unwisdom of any well-meaning
but misguided effort to check corporate
activity has been shown in striking
fashion in recent years by our expert
ence in the Philippines and in Porto
Rico. Our national legislators very
properly determined that the islands
should not be exploited by adventurers
without regard to the interests OF the
people of the islands themselves. But
ri ;,, hayr to
the islands from being improperly ex.
plotted, they took measures Of such
severity as to seriously, and in some
respects vitality. hamper and retard
the development OF the islands"