The Delta independent., 1906-10-19
FOR REGULATION
PRESIDENT SAYS 1T IS BETTER
THAN OWNERSHIP.
SPEECH AT HARRISBURG
Addresses Great Crowd at Dedication
Of New Pennsylvania Capitol
Only the Nation Can Regulate In
tcrstate Business.

Harrisburg, Pain the presence of
the largest crowd that has ever gath
cred in Harrisburg. the magnificent
new capitol of Pennsylvania, costing
s., 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 historic Bible
by John H. Dillingham;. a 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 the
building over to the governor, at the
same time handing him gold key.
Governor Pennypacker accepted the
building on behalf of the people, in a
brief speech, and when he concluded
the governor Introduced President
Roosevelt. who delivered the principal
address of the day. The President
spoke as follows:
Many Legislative actions and many
judicial decisions which am confident
time will show to have been erroneous
and a damage to the country would
have been avoided if our legislators
and jurists had approached the matter
of enacting and constituting the laws OF
the land in the .rit of your great
PENNSYLVANIA. Justice Wilson-in the
spirit of Marshall and Of Washington
Such decisions put us at great dis
advantage in the battle for industrial
order as against the present industrial
chaos.
The legislative or judicial actions
and decisions of which | complain. be
it remembered. do not really leave to
the states power to deal with corpor-
ate wealth in business. Actual expert
ence has shown that the states are
wholly powerless to deal with this sub
ject: and any action or decision that
deprives the nation of the power TO
deal with it. simply results In leaving
| the corporations absolutely Tree 10
work without any effective supervision
, whatever: and such a course is frausht
with untold danger 10 the future OF our
whole system of government, and, In
deed. to our whole civilization.
The government ought not to con
duct the business of the country, but
it ought to regulate it so that it shall
be conducted in the interest OF the
public.
ITO exercise constantly increas'
ing and constantly more efficien SUI
pervision and control over the great
common carriers OF the country pre-
vents all necessity for seriously con
sidering such a project as the govern
mcnt ownership of Railroads.&c. policy
which would be evil in lis results from
every standpoint.
"All honest men must abhor ano
reprobate any effort to excite hostility
to men of wealth as such. We should
do all we can to encourage thrift ant
business energy. to put a premium
upon the conduct of the man who hon
estly earns his livelihood and more
thar his livelihood, and who honestly
uses the money he has earned. But
| ii is our clear duty TO see, in the in
terest OF the people. that there is ade'
quate supervision and control over the
business use of the swollen fortunes
of to-day. and also wisely to determine
the conditions upon which these for.
tunes are to be transmitted and the
percentage that they shall pay to the
government whose protecting arm
alone enables them to exist. Only the
nation can do this work. To relegate
II to the states is a farce, and is sim.
ply another way of saying that 1t shall
not be done at all