Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1905-08-12
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der the United States government are
incalculable; and In respect OF such
trade the Jurisdiction Of the federal
government Is supreme when IL
chooses 10 exercise II.
when. as Is now the case. many
OF the great corporations consistently
strain the last resources OF legal tech
nicality TO avoid obedience 10 a law
for tho reasonable regulation OF their
business the only way effectively to
meet this attitude on their part is
to give 10 the executive department
lof the government a more direct sand
Therefore more efficient supervision
and control Of their management.
In speaking against the abuses com.
mltted by certain very wealthy cor
operations or individuals. and OF the
necessity OF seeking SO far as II al
safely b. done 10 remedy these
abuses. there Is always danger lest
what Is said may be misinterpreted as
an attack upon men OF means gen.
lerally. Now II can not too often be
repeated In a republic like ours that
the only way by which II Is possible
permanently 10 benefit the condition
of the less able and less fortunate, is
Ito shape our policy that all Industrious
and efficient people who act decently
may be benefited: and this means.
Iof course. that the benefit will come
leyen more TO the more able and more
fortunate. II, under such circum-
stances. the less fortunate man Is
moved by envy OF his more fortunate
brother TO strike at the conditions
under which they have both, though
gnequally, p%rospered. he may rest as.
sured that while the result may be
damaging TO the other man IT will
be even more damaging to himself.
or course. I am now speaking Of pros
perltv th.t under normal and
proper conditions.
IN orr industrial and social system
THE interests OF all men are so closely
INTERVIEWED that in the immense ma
jority OF cases the STRENGTHENING
man who by ingenuity and industry
benefits himself must also benefit 9TH
ers. The man of great productive ca
Esti' ~ 'ip if'n thloiSH SItf
ing the labor of hundreds or thousands
Of other men does so. as a rule, by en-
abling their labor to produce more
than II would without his guidance,
and both he and they share in the
benefit. 50 that even II the share be
unequal II must never he 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 mar at the top, and there Is
: need in the interest Of all of us to
2 encourage rather than to discourage
t the activity Of the exceptional men
who guide average men so that their
"llarcr may result In increased produc
Ition Of the kind which is demanded
I lat The time. Normally we help the
+ wage-worker. We helm the man OF
Y small means, by making conditions
O such that the man Of exceptional bus
!. mess ability receives an exceptional
Reward for that ability.
But while insisting with all empha
sis upon this. II Is also true that ex
perience has shown that when there is
r no governmental restraint or super
vision. some OF the exceptional men
1 use their energies, not in WAYS that
: are for the common good. but Ii WAYS
. which tell against this common good
: and that bv so doing they not only
q wrong smaller and less able men
4 whether wage-workers or small pro
ducers and traders-but force other
8 Imen OF exceptional abilities themselves
TO do what is wrong under penalty o1
falling behind In the keen a 70,
success, There is need of legislation
TO strive to meet such abuses. At one
time or In n place this legislation
NAV take the form Of factory laws and
e employers liability laws. Under 9th
: er conditions IL may take the form O
dealing with the franchises which de
: rive their value from the grant of the
representatives Of the people. It may
be aimed at the manifold abuses, far
: reaching In their effects. which spring
: from decentralization, Or II may b,
necessary to meet such conditions as
those with which I nm now dealini
and to strive to procure proper super
vision and regulation nv the ~natinna
, government Of all great CORPORATION.
lengaged In interstate commerce or do
ino m interstate business.
. There are good people who ar,
afraid of each tyne OF legislation: an,
much the same kind of argument tina
is now advanced against the effor
TO regulate big corporations has bee,
advanced against the effort to Sc
crre proper employers liability law
or nroner factory laws with rcferenc
To women and children: much IN
same kind OF argument was advance
but five years ago against the frar
lch.se tax law enacted in this stat
while was governor.
or course there Is always the da,
ger of abuse II legislation Of this tvn
isgpnroached In a hysterical or sent
mental spirit. or. above all. II II is al
proaehed in a spirit Of envy and ha
Irea toward men Of wealth.
We must not try TO 30 too fast. n,
der penalty Of finding that We nav b