The state herald., 1905-10-27
DOWN IN GEORGIA
PRESIDENT ROOSEVELT WARMLY
GREETED Ar ATLANTA.
DISCUSSES CORPORATIONS

Visits His Mothers Old Home at Ron-
weli.-Remarkstle ovation at 0eor.
sia's capltai-Paln Talk on Ns
tionaI Questions
Following his brief soiourn
at his mothers old home In Roswell
where he showed deep feeling, tbs
Presidents visit to Atlanta on Friday
was marked event in the history OF
the state of Georgia. He was greetet.
on his arrival by her most distin.
guished citizens, and throughout thu
day on every hand we're shouted words
of welcome that lei no room for doub.
of their sincerity.
The city was in gala attire and bust
ness was practically suspended that all
might greet the distinguished guest.
South Carolina, in The person OF Gov.
ernor Hayward, added its welcome to
the South. It was estimated that not
less than 100000 persons saw and vel
coined the President. His address here
was devoted to the advantages Of pro
lection, the regulation of corporations
by the government. crookedness In
politics, dishonesty In business and the
Chinese questions We declared that
coolies should he Kept out. but other
Chinese coming here should be well
treated.
In his address at Piedmont park, the
President said:
''The problems which w6 of America
have to face to-day are yevy serious,
but we will do well to remainder that
after all they are only part oil the price
which we have to pay for theNtriumphs
we have won, for the high position to
which we have attained. II We were
n backward and stationary country we
would not have TO face these problems
at all; but ! think that most of us are
agreed that to be backward and stati.
onary would be altogether too heavy
price to pay for the avoidance Of the
problems In question.
There are no labor problems where
there is no work to be done by labor.
There are no troubles about corpora
tions where the poverty of the com
munity is such that it is not worth
while to form corporations. There is
no difficulty in regulating railroads
where the resources of a region are so
few that It does not pay to build rail
roads.
There are many excellent people
who shake their heads over the diff.
culties that as nation we now have
to face: but their melancholy is not
warranted save in very partial de-
gree, for most OF the things of which
they complain are the inevitable ac-
compartments Of the growth and great
ness of which We are proud.
Undoubtedly there is need of regi
lation by the government. In the inter.
est of the public, of these great corpo-
rations which In modern life have
shown themselves TO be the most ell
cient implements, and which are,
therefore, the implements commonly
employed by The owners of large for.
tunes. The corporation Is the creature
OF the state. ID should always be held
accountable Ia some sovereign au.
thority. and this accountability should
be real and no. sham. Therefore. In
my judgment, Ill corporations doing
an interstate buslness-and this means
the great majority OF the largest cor
porations-shouldb be held accountable
TO the federal government. because
their accountability should be co-ex'
tensivc with their field of action. But
most certainly We should not strive 10
prevent or limit corporate activity.
THE unwisdom Of any well.meaning
but misguided eifori 10 check corporate
activity has been shown In striking
fashion In recent years by our expert
cnce In the Philippines and In Porto
Rico. Our national legislators very
properly determined that the islands
should not be exploited by adventurers
without regard To the interests Of the
people OF The islands themselves. Bu,
unfortunately In their zeal to prevent
the islands from being improperly ex.
plotted. they took measures of such
severity MS 10 seriously. and In some
respects vitality. hamper and rc,ard
the development Of the islands