Waterbury evening Democrat., 1905-05-09
THE PRESIDENT TALKS
 RATE LEGISLATION.
Denver Chamber of Commerce Gave Him an Ovation Last Nieht-It Was After Midnight When the Speech Was Finished - His Train Started for
 Chicago this morning at '.

Denver, May 9.-President Roosevelt
 discussed railroad rate legislation at a
 banquet given him by the chamber of
 commerce in the Brown Palace hotel
 last night. The president finished his
 speech after midnight and this morn
 ing left for Chicago.
 Il want to say word as to gov
 errimental policy in which feel" he
 said, that this whole country ought
 to take great interest and which is
 itself but part of a general policy into
 which l think our government must go.
 have spoken of the policy of extend ing the powers of the interstate com merce commission and of giving them particularly the power to fix rates and to have the rates that they fix go into effect practically at once. As l say, that represents in my mind part of what should be the general policy of this country. The policy of giving not to the state but to the national govern ment an increased supervisory and regulatory power over corpora tions is the first step and to my mind the most important step. In the days of the fathers Of the older among you the of commerce for civilized nations were what they had always been, that is, waterways and roads. they were open to all who chose to travel upon them. Within the last two generations we have seen sys- tens grow up and now the typical highway of commerce is the railroad. pp,y fo p,.1i ina road for wheeled vehicles and the wa terways, whether natural or artificial, have lost all their importance. Here in Colorado, for instance, it is the rail- roads which are the only highways that you need take into account in dealing with the question of commerce in the state or outside of the state. under this changed system we see highways of commerce grow up each of which is controlled by a single corporation or individual; some times several of them being controlled
 In combination by corporations or by case in my judgment it is absolutely necessary that the nation, for the state cannot possibly do it, should assume l supervisory and regulatory function | ,ver the great corporations which | control the highways of | commerce.
 "As with everything else mundane. | when you get that supervisory and | power on behalf of the na- ion, you will not have cured all the | evils that existed and you will not | aqual the expectations of the amiab.e l put i'll regulated enthusiast who thinl-s hat you will have cured all those evils. X measure of good will come. Some good will be done, some injustice will | nave been prevented, but we shall be | l long way from the millennium. Get | hat fact clear in your mind, or you will be laying up for yourselves store If incalculable disappointment in the | uture. That Is the first thing.
 Now the second step: When you | rive nation that power remember hat harm and not good will come from he giving unless you give it with firm determination not only to get jus ice for yourselves, but to do justice to 'thers: that you will be as jealous to To justice to the railroads as to exact ustlce from them. We cannot afford n any shape or way in this country to
 ncourage a feeling which would do injustice to a man of property any | nore than we would submit to inius ice from man of property Whether he man owns the biggest railroad Of he greatest outside corporation in the and or whether he makes each days read by the sweat of that days toll Ie is entitled to justice and fair deal ng. no more and no less"
 Denver. Colo. May 9-The presider- ial special train. consisting of bag ,age car. buffet car. sleeper. private
 ar of the general manager of the road md the presidents private car Rock 't' pulled by one of the new monster
 ngines. left the Union depot here over he Union Pacific railroad for Chicago at seven o'clock this morn ng. The curtains in the presidents lrivate car were closely drawn and all vas quiet within. Quite a crowd had
 ssembled at the station to see the resident of but no demonstration was made when 1t became known that the resident was sleeping.
 The huge engine was pIloted by En- finer Hockenberger, and was RI charge f Conductor Clark. The engine itself vas literally smothered in decoration of tri-colorei effects in buDt- ng. Several large portraits were dls-
 layed on the sides of the engine cab.
 Preceding the presidents special rain by ten minutes went pilot train f one coach. The pilot train will lead he special to Julesburg. when another ilot will take its place and lead 10 'maha. Track walkers and inspccIors rere ordered out at daylight all along his division of the Union Pacific and very precaution was taken to insure he presidents safety on his eastward