Albuquerque evening citizen. [volume] (Albuquerque, N.M.) 1905-1907, 1905-08-11

Island, ana are also enQeaVOrlng 10
stir up opposition to the treaty both
in Santo Domingo and here, trusting
that in one place or the other it may
be possible to secure either the re-
lection of the treaty or else its
amendment in such fashion as to be
tantamount to rejection.
Under the course taken, stability
and order and all the benefits of peace
are at last coming to Santo Domingo,
all danger of foreign Intervention has
ceased, and there is at last a pros
pect that all creditors will get JUS
tice, no more and no less. If the
arrangement is terminated, chaos will
follow; and if chaos follows, sooner
or later this government may be in
volved in serious difficulties with for
eign governments over the island, or
else may be forced itself t. intervene
in the island in some unpleasant
fashion. Under the present arrange
ment the independence of the sland is
scrupulously respected, the danger of
violation of the Monroe Doctrine by
the Intervention of foreign powers
vanishes, and the interference of our
government is minimiZed, so that we
only act in conjunction with the San
to Domingo authorities to secure the
payment of just debts and to secure
the Santo Dominican government
against demands for unjust debts.
The present method prevents there
being any need of our establishing
any kind of p%rotectorate over the ISL
and and gives the people of Santo Do
mingo the same chance to move on
ward and upward which we have al
ready given to the people of Cuba. 1t
will be doubly to our discredit as a
nation if we fail to take advantage of
this chance; for it will be of damage
to ourselves, and, above all, it will
be of incalcuiable damage to Santo
Domingo. Every consideration of
wise policy, and, above all, every
consideration of large generosity, bids
us meet the request of Santo Domin-
go as we are now trying to meet it.
Our Domestic Policy.
So much for one feature of our for
eign policy. Now for one feature of
u domestic policy. One of the
main features of our national gov
ernmental policy should be the effort
to secur adequate and effective su.
pervisOry and regulatory control over
all great corporations doing an inter
state business. Much of the legisla-
ton aimed to prevent the evils con,
nected with the enormous develop
ment of these great corporations has
been ineffective, partly because it
aimed at doing too much, and partly
because it did not confer on the gov,
eminent a really efficient method OF
holding any guilty corporation to &C,
count. The effort to prevent all re,
straint of competition, whether harm
full or beneficial, has been ill-judged;
what is needed is not so much the eff
fort TO prevent combination as a vigil
ant and effective control of the com.
binations formed, so as to secure just
and equitable dealing on their part
alike toward the public generally, TO-
ward their smaller competitors, and
toward the wage-workeTs in their EN-
ploy.
Under the present laws we have in
the last four years accomplished much
that is of substantial value; but the
difficulties in the way have been SO
great as TO prove that further legisla.
ton is advisable. Many corporations
show themselves ho~norably DESTROYS
to obey the law; but, unfortunately
some corporations, and very wealthy
ones at that, exhaust every effort
which a be suggested by the highest
ability, or secured by the most lavish
expenditure of money, to defeat the
purposes of the laws on the statute
books.
Not only the men in control of thes,
corporations, but the business worll
generally, ought to realize that sucl
conduct is in every way perilous, anC
constitutes a menace to the nation
generally, and especially to the pee
pie OF great property.
earnestly believe that this is trul
OF only a relatively small portion O
the very rich men engaged in hand
ling the largest corporations in tn.
country; but the attitude of these CON
p~aratively few men does u]ndoubtedl,
harm the country, and above all, harI
the men of large means, by the Just
but sometimes misguided, popular in
dignation to which It gives rise. Tn
consolidation in the form of what ar
| popularity called trusts of corporate in