Rocky Ford enterprise., 1906-10-12
FOR REGULATION
PRESIDENT SAYS IT IS BETTER
THAN OWNERSHIP.
SPEECH At HARRISBURG

Addresses Great Crowd at Dedication
Of New Pennsyivania. Capitol
Only the Nation Can Regulate In
terstate Business.
Harrisburg, Pain the presence OF
the largest crowd that has ever gath
cred In Harrisburg. the magnificent
new capitol OF Pennsylvania. costing
81, 100000, was dedicated Thursday
with brief ceremonies In which Presi.
dent Roosevelt took an active part.
Following the reading OF portion
Of the Scriptures from n historic Bible
by John II. Dillingham;. n member OF
the Society OF Friends In Philadelphia,
former Gov. William a. Stone. presi.
dent Of the capitol building commits.
sion, In a brief address. turned tho
| building over to the governor. at tho
same time handing him gold key.
Governor Pennypacker accepted tho
building on behalf of the people. In
brief speech, and when he concluded
the governor Introduced President
Roosevelt. who delivered the principal
address OF tho day. The President
spoke as follows:
MANY legislative actions and many
judicial decisions which am conhdent
time will show to have been erroneous
, and q damage to the country would
have been avoided II our legislators
and juris,s had approached the matter
Of cnacting and constituting the laws OF
, tho land In the .rit OF your great
Pennsylyaninn. Justice wilson-in tho
spirit OF Marshall and OF Washington.
Such decisions put us at n great dis'
advantage in the battle for Industrial
order as against ths present industria'
| ehaos.
"The legislative or judicial actions
and decisions of which I complain. bc
Il remembered. do not really leave 10
the states power TO deal with corpor.
ate wealth in business. Actual expert.
1 cncc has shown that the states arc
wholly poweriess to deal with this SUD
4 ject: and any action or decision that
dcprivca the nation OF the power 10
deal with II. simply results In leasihh
, the corporations absolutely frc. 10
/ work without any effective supervision
whatever: and such course II franShs
with untold danger to tho futur" OF our
whole Hyhicm OF government. ana. in'
deed. TO our whole civilization.
.'Thc government ought not 10 con
duct the business Of tho country. bui
II ought 10 regulate Il NJ that II shall
bc conducted In the interest OF the
public.
TO exercise a constantly inercas
Ing and constantly moro efficient s','
pcryiaion and control over the great
common carriers Of tho country pro
vents all necessity for seriously con
aidcrine such a project as the govern
mcnt ownership Of railroads. policy
which would b. cvii In Its results from
every standpoint
IAN honest mon must nbhor and
i rcprobatc any effort TO excite hostility
/ 10 men of wealth ns such. We should
#, do all NC can 10 encourage thrift and
business energy. TO put a premium
upon tho conduct of tho man who hon
cs,iy earns his livelihood and more
thar his livelihood. and Who honestly
uses tho money he has earned. But
Il IL our clear duty TO soc. In tho In
tcrcst Of the people. that there 10 adc-
qua,c supervision and control over the
business use Of tho swollen fortunes
Of to-day, and also wisely TO determine
! tho conditions upon which these for
tunes arv TO bc transmitted and tho
percentage that they shall pay to the
government whose protecting arm
alone enables them to exist. Only the
nation can do this work. To rclcga;e
Il to the states In a farce. and 10 sim
ply another way Of saying that u shall
noS be- done at ALL"