The Delta independent., 1905-12-08
PRESIDENTS MESSAGE.
In Condensed Form for the Busy
Readers.
CORPORATIONS.

kS0USISs
CORPORATIONS.
1.-THE corporation has come to stay,
Just as the trade union has come to
stay, Says the president. Each should
be favored so long as it does good. But
each should be sharply checked when it
acts against law and justice.
After declaring that state regulation
would be Ineffective. the message sounds
the keynote of the presidents plan:
II believe that this regulation and
supervision can be obtained by the en-
actment of law by the congress. II
this proves impossible, it will certaiuly
be necessary ultimately to confer in full
lest form such power upon the national
government by proper amendment of
the constitution. g
= POWER TO FIX RATE.
The transportation companies must
be dealt with first, declares the presi-
dent.
.sThe most important provision which
such law should contain is that conferr-
ing upon some competent administrative
body the power to decide, upon the case
bsing brought befors,it, whether Civ
sn rate y reasonable and just. and. il
u found to be unjust then. after full
Investigation. 10 prescribe the limit Of
rate beyond which it shall not be law
full To go-the maximum reasonable rate
this decisioa TO 60 into effect within
. reasonable time and to obtain from
thence Onward. subject 70 review by
ths courts.
''It sometimes happens. not that a
rate is too high. but that = favored
shipper is given too low rate. In such
case the commission would have the
right 70 fix this slready established nin-
innm rate - ~ naxiaum. and u
wsula sssd ssay 80 y to- aseh dssis-
ions to cure railroad companies Of ths
practice Of giving improper minimum
rates."
ANri-RxsArE Law.
A most stringent anti-rebate law is
urged. ''It might be wise to confer on
ths government the right Of civil action
against the beneficiary Of . rebate for
at least twice The vaise Of the rebate;
this would help stop what b really
blsckmail
The president insists that private car
linz, refrigerator charges and other
devices Of the skilled rebatsr. should
also como under the supervissod Of ths
government: and Uncle Sam should be
clotAsd with full power to examine the
roads books.
DErRsciAfxs ''cLAss" sssnrr.
Discussing The problem Of capital and
labor. the president says: I'm the past
the most dirsful among the downfall Of
rspuhatcs has ever been the growth Of
the clnss sptrit. II such . spirit crows.
up b this rspublIc Il will ultimately
prove fatal u. :.
.sThis gov ,ment Is not and never
shall BE- . q nmsnt by . platocracy.
This government y not and never shall
b government b. = mob"
The message dsaE briefly with tbs
insurance problem. ''It has been only
too eisarly shown, 'ssays ths president.
"that certain Of the men at the head Of
thsss great corporations take but small
note Of the ethical distinction bstwssn
honesty and dishonesty; thsy draw the
line only this side Of what may b called
law-hoaesty. The kind Of honesty nscss-
ssry 70 avoid falling into the clutches u
ths law" Federal supervision and reg
ulation p urged. ss.s
The prssidsnt handles ths tasiR quss-
tioagiagsrly. Tts rsvsnuss must equal
tAs sxpsaeAturss. he says. Last yssrI
thsrs was . dshcit. Unless Tie def,eit
can bs met Ia some other way the rev.
anus laws must b revised.
Thsss chaHgss. Il mads, should b