Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1905-10-22


blind pessimlsm, There - o,vty rv,, suI
Why We should be vigiiant In search.
ing out what Is wrong and mhinching'
" resolute In striving to remedy Il,
But at the same time We MUST not
blind ourselves To what has been &C.
cOmplished for good and above all We
must not lose our heads and become
either hySterlcal or rancorOus In crap.
ping with what is bad.
Take such a question. for instance,
as the question, or rather the group OF
questions, connected with the growta
Of corporations In this country, This
growth has meant oil course, the
growth OF individual fortunes, I'm.
dOubtedly the growth Of wealth In this
country has had somc very untorun.
nate accomplishments. but Il seems To
me that muca the WORT damage that
people OF wealth can do the rest OF Us
10 not any actual physical harm, but
the awakening In our breasts Of either
the mean vice OF wOrshiplng mere
wealth, and the man Of mere wealth,
for the wCalth's sake, or the equally
mean vice OF viewing vita rancoruus
envy and hatred the men of wealth
merely becauae they are men OF wealth,
Envy Is, OF course, merely a Kind Of
crooked admiration; and We often see
the very mon who In public Is most In
temperate In his dcnunclRtou of
wealth In his private life most eager
to obtain wealth, In no matter what
fashion. and at no matter wdOt moral
cost.
Need Of Government Regulation.
Undoubtedly there Ia need OF regulA,
ton by the government, In the interest
Of the public. Of these great corpora
tons which Ia mOdren lie have shown
themselves 10 be- tae most efficient
business implements, and which are,
therefore. the implements commonly
employed by the owners % large for
tunes The corporation IL the Great.
ure Of the state. 4 should AlWaysI
b. held accountable 10 some sovereign
and this accountability should be real
and not show. Therefore In my iudE
ment all corporations doing an inter
state business ana ths means the
great majority nf tho largest corpora
tiona. should b. Iold accountable ~
the federal government, because their
accountability should be- coeHtenslv0
with their field Of action Ilut mOat
certainly We should not strive 10 pre-.
vent or limit corporate activity. W.
should strive 10 secure such effective
supervision over II, such poWOF % regu.
latlon over Il. as 70 enable 90 Ia guar.
antcO that 10 activity will b. exercised
only In ways beneficial 10 the pebble
The uHWisdom Of any we'll. meaning
bat misguided effort 10 check o0FpoF,
ate activity has been shown IN striking
fashion In reoont years By our sHpsFi.
'nes IN the Philippines and IN Porto
Rieo our nati0nai legislators very
property determined that the lslah1a
'h0ald not b exploited BY adVVatuFsFp
EithOlt regard 10 the interests 0f he
,eupls u lhs islands themselves nut
10 their seal % pTevsutI
Ne laiahia from belaG Improperly ~
VOTED they took meaSuTaa % such ~.
refity 81 10 seriously, end 10 ssms ~
poets vitality. 10 hampsf shd FstaFd
hs development a. ths islands Thsro
. noihiaG that he iaiaaas HssI more
han 20 have their great hataral ~
Igafcea developed. aaA these resources
- ~ 1sFQaoDea 0aiy ~ ne absRdaHt
.as u aDiial. ShioA. q e0arss. Wili a1l
- pa iHio tksm uEleul 90 tsfms aae
Ieiaatiy adVnataSeoas 10 oasf pgos.
.oeis q Epo4 reEuaeFatioa. We haEo
la1a ne taTma a0i msrsly hard. pc
ftoa PREDATORY. vita 10 Fssait tkat
.a1eFiesn tapitai goes iHtO f0gsign
gEntFisa. ifss hsEtno ahd ghsfs nao1
ia lnnisaae AdvahtsGs 70 ths esua.
~ 10 w. dsVeioemsht. shiis h aza sot
p inio or Suh poas1ssiass ~ ~ usaf
p ffI % fhs lads uadeF oug own
nE Tss shisf fuasfsft ~ tAfs sfata
{ tAtngs afa - Ssop.s - ths isias1s
aemasiVea
q h inpoasis's m uroaaY - -
- upga utas 04gai - % fts patcat
~ lhat b is s5f saiy N gke tnfGfea
{ ne psepis u vsaiih sAsmsetVas. tsi
} en- iatsfasl IL ~ htaTast e -
500 e. . wasis. ttss shef sao1i1 b.
'saief faifJY go asgtT: thai q rhsy Z
~ asssgstooa' ssNaesa stBlfg thsg 4
aoss4 ~ sissa sscsgtiesai revised
lcu-.l...a q 49, 80