The Muskogee cimeter. [volume] (Muskogee, Indian Territory, Okla.) 1901-19??, 1906-12-07

in the coal fields of Pennsylvania in 1902,
ana refers to the wish of the commission
should provide the machinery for what
may be called the, compulsory investiga-
ton OF controversies between employers
ana employees when they arise"
Control Of Corporations.
A considerable portion Of the message
is devoted to the subject of federal con-
tr troi of corporations in what h, he refers TO to
rate meat inspection and food laws, and
says that all Of these have already justi-
fed their enactment, but recommends
law so as to put dates on the labels OF
meat products, and also to- place the
cost OF inspection on the packers rather
than on the government. Continuing on
this subject of the control of corporations
by the federal government he says:
TT cannot too often be repeated that ex-
perience has conClusvely shown the i'm
possibility of securing by the actions of
nearly nearly half hundred different state state
ebass IN sbs anything but tSs
great corporations which do not operate
exclusively within the limits of any one
state. In some method, whether by a
we must exercise, and that at an early
date. far more complete control than
at present over these great corpora
things prevent the evils of excessive
overcapitalization, and that will compel
the disclosures by each big corporation
Of its stockholders and of It's properties
and business, whether owned directly or
thru subsidiary or affiliated corporations.
This will tend to put stop to the secur,
individuals at the expense whether of
the general public, the stockholders or
the wageworkers. Our effort should be
not 80 much to prevent consolidation as
such, but SO to supervise and control 1t
as to see that 1t results in no harm
the people. The reactionary or ultracoi
tt.sA To- NhA nil nf
wealth assail the effort to secure such
control as step toward socialism. AS a
matter of fact IL Is these reactionaries
and ultraconservatives who are them
selves most potent in increasing socialis-
tic feeling. One of the most efficient
methods Of averting the consequences OF
cent. wrong, is to remedy the 20 per cent:
of evil as to which the agitation Is well
founded. The best way to avert the very
undesirable move for the governmental
the government on behalf Of the people
as a whole such adequate control and
regulation OF the G great interstate ts.n COM I'M
evils which give rise to the agitation
against them. So the proper antidots
to the dangerous and ,t wicked sI agitaati93n 3r
secure by proper legislation and execu-
tive action the abolition Of the grave
abuses which actually do obtain In con-
under our present system-or rather no
system-of failure to exercise any ade-
quate control at all. Some persons speak
control would do away with the freedom
Of individual initiative and dwarf indi-
vidual effort. This is not a fact. It
would be a veritable calamity to fall to
put a premium upon individual initiative,
individual capacity and effort; upon the
energy. character and foresight which
individual. But as matter of fact the
deadening and degrading effect OF pure
socialism, and especially of its extreme
individual character which they would
bring about, are in part achieved by the
wholly unregulated competition which
alton rising at the expense Of all others
until his or its rise effectually checks all
competition and reduces former competi-
tors to position Of utter inferiority and
subordination.
Inheritance and Income Tax.
It was expected that the president
would refer In some way to his belief
nous fortunes, and he has done so by
recommending legislation for both in
come and an inheritance tax. He be-
lieves the government should impose a
graduated Inheritance tax, and, If possi-
BILE. a graduated income tax. He says:
II am well aware that such subject
as this needs long and careful study In
order that the people may become famil-
lar with what Is proposed to be done,
may clearly see the necessity of proceed
ing with wisdom and self-restraint, and
may make up their minds just how far
they are willing to go in the matter;
while only trained legislators can work
out the project in necessary detail. But
/ feel that In the near future our nation
al legislators should enact a law provid-
ing for graduated inheritance tax by
which a steadily increasing rate OF duty
should be put upon all moneys or other
valuables coming by gift. bequest, or
devise to any individual or corporation.
II may be we'll to make the tax heavy
in proportion as the individual benefited
Is remote OF kin. In any event. In my
increase very heavily with the increase
OF the amount left to any one individual
after a certain point has been reached.
II Is most desirable to encourage thrift
and ambition, and a potent source of
thrift and ambition is the desire on the