Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1905-08-18
he LAUDS MONRor,o
President Addresses Chautauon.
Famous Doctr;, 4aans

FresAoen1 addresses Chautauou
Famous Doctrine. ao'
President Roosevelt at Cham.
N. T., Friday, made what h.
ed as his most important speacb y
his Inauguration. He dec,ana,S B
time for leniency with tho inu W
Chicago packers had passed. dis@'
the corporation problem at lerots j
devoted considerable attention - "
Monroe doctrine. He set fo,+v
United States stand so nlain,v
no foreign nation could mjsint,.
his utterances.
The President denounced tho.,
2orations which are preventing n, Il
forcement of the antitrust law n
every device, legal and illegal" M
coming to the high note of his sn,.a
be declared for federal superris
of all companies engaged in intqrs,aS
commerce, saying the actions ~ j
corporations were driving the ma, u
to drastic measures in self-dpfns,
II believe" said Mr.. Roosa,.a
loudly, slowly and distinctly, hamn1
ing home every word-"I believs /
corporations engaged in iptprp,
commerce should be under the su,
vision Of the national government
may be that we shall find the ~
effective way Of exercising this smy
vision is to require all corporations
gagged in interstate commerce IA \
duce proof that they are not parR
to any contract or combination, Or
gagged in any monopoly in interst
trade in violation of the snti.trA
law"
Mr.. Roosevelt in his address 10 \
great assembled crowd was applauig
when he said: ''It must be masH
stood that under no circumstances "
the United States use the Monroe M
trine as a cloak for territorial aggr4
sion," and more vigorously still VIII
he said of American corporations 4
ing interstate business: "What is NED
ed is not so much the effort to M
| vent combinations as a vigilant NJ
effective control of the combinata5
formed so as to secure just and eoS
table dealing on their part alike
ward the public generally, tOvl.
their smaller competitors and tOva
the wage-workers in their emplaT"
Following are some of the noaS
utterances in the Presidents speed
The Monroe doctrine is the fundans
tai feature of our foreign policy on3
western hemisphere-because we h|
not allowed it to become fossilized
The United States will not use
Monroe doctrine as a cloak for terrific
aggression.
This country woul,> not go to wal
prevent a foreign nation from cOlletS
just debt.
Sarto Domingo is actually GET
more from the 10 per cent that Wet
over to it than it got formerly whss
took the entire revenue. If this arm
ment is terminated, this government
be involved in serious difficulties D
foreign governments over the island
One of the main features of our
tional government policy should bel
effort to secure effective supervisOEa
regulatory control over all great cd
rations doing an interstate business
Much of the legislation aimed to 4
vent corporate evils has been inefedl
because aiming to do too much.
What is needed is not so much 0H
vent combinations as to control theci
binations formed.
Some corporations. very wealthy
haust every effort to defeat the II
Such conduct constitutes a menace
the nation.
I believe all corporations engaged
Interstate commerce should be under
supervision of the national gOvernmNl