New-York tribune., 1906-11-25
JUDGE LAUDS PRESIDENT.
Justice Gaynor Discusses Railroad
Rates and Trusts.

| the New York State Supreme Court was the prin-
| cipa speaker before the Economic club to-hsht
He said that II was probably unfortunate TOT the
| country that IL had one centre OF pohucai
| thought, In England and other countries; that
every time he to Boston he felt hlInseif IN
| an environment with centre of Thought quite
/ distinct from that of New York, and that chicago
| and San Francisco equally distinct centres.
not to mention places to the south and north OF
| this line.
| Excepting the President he said. there Is
scarcely any whose words listened to
| throughout the whole country. This all leads to
lack of political coherency, which has been greatly
increased by the degradation of the national House
| OF Representatives from deliberative body to
mere puppet of It's Speaker and his Committee on
Rules. Think of the great railroad legislation Of
last session being passed upon discussion limited
| TO 1t lew hours In the House Of Representatives.
discussion of six months would not have been
TOO long to work out TO the last analysis great
subject, and the last analysis is what legislation
| should always be" Justice Ciaynor added:
at once get at the heart of the topic you have
that the effect Of wealth however great in indi-
viduals provided it be acquired on equal terms OF
nivance or discrimination Of government or the aid
OF statutes-cannot be pernicious TO republican in
stitutions but on he contrary tends to the healthy
activity welfare and happiness of the community.
This President RooR2evefs 8 square de5 anG IS
government The doing away with ali competition
ana I amblmGn the mother of progress by state So
esty acquired wealth In this countrv There is no
natural hatred of the against the rich which
is the basis OF Quicksand on which au deInagogues
have gone down 1t would be well if the great
blasted by his immortal eloquence those in his time
read by every one
Justice Gaynor paid n warm tribute to President
Roosevelt for his efforts stop acquisition of
wealth by few individuals BY the dishonest and
unlawful use OF public franchises and the creation
of monopolles by the combination Of competing
he mn N
ruleTshp over this country" He said:
With the penetration of great mind Mr.. Roose-
welt quick perceive In the loose clamor and
denuncation of the hour about trusts on the one
hand and specious defences and explanations on
the o5he % exafty where the real Of e aE fsc
his mind went straight to the mark ard what
espousing and fighting the honest cause of the
many against the powerful few. And you know
There is no danger OF the conhscation Of private
property in this country any more than IN Eng
aid OF cunning statutes is very different thing
tutons-it is fraught with their destruction II SUI,
fered to continue. The moral odipm OF II Would @
In the end debase US all, and no base people pie can
in the nature of things remain free seir-govern-
ing people.
Justice Gaynor then spoke of the acquisition of
dishonest fortunes by favortism in freight rates
on the railroads. and said:
1t has been difficult to get some people to under,
our public highways-just much SO as our roads
which run ALONGSIDE OF them. MI: Bryan recently
the railroads and run them He based this on the the
e asseron eGo5 h bs ToT@a 6o p9Tas s His
cluson sound but do not see fhal MS 1i RtGi3e %
his suggestion of government ownership and o 9p,
Grafton when threefths OF the TafpanS
railroad is not PyS So5a IN Control of our rail-
Toads @Sss IN thsr @ Origin II Law Of
their being public highways, subject to tne ne rgGI v
use them on equal terms .,..a,. ,,rlour,,
aa Any yo a II The asi ony ne% we needed
that head were to eha6e us us 70 oTnd R%t v m Of
such favoritism, Inasmuch as we now have sucn
ere name 5h9 %6h Ras 1 no physical body be
in prison instead OF the guilty oficials-is not
hayng fse sss sHod # is eee he ga Gh hG rRoad oc
ever high and even though he may have arisen TO TO
the nation, or if ne be only the local station agent
IN Tbs s'G faVorsm in freight rates is
the greatest crime of our day and generation. To
carried over the public highways at a rate 50
ness are charged to enable them to undersell
such rivals and drive them out of business
looked upon by our descendants and by the future
historian as generation lost to moral sense for
having suffered such condition to exist long
1t is my belief that government should appoint
it may have to do so, for he through his suboTdi-
mates could stop the abuse at once. Some one will
for that is always possible. But let us remember
officials appointed by the President of the United
States Governors accept bribes The duty of
such officials would not be TO fix rates. but to see
that every one paid the prescribed rate, no more
and no less.
Justice Gaynor also discussed the trusts
Henry Clews. of New York said in part:
An interesting and important question that COM
mandS the attention of the American people TODAY
is whether great Individual and corporate wealth. js
inimical and hostile 70 their welfare and a menace
TO our institutions.
The speaker observed that the last fortv-6va
years in the United States had embraced a new
of wealth in connection with which had arisen
methods and men equipped with new ideas
in keeping with the demands OF progress He re-
fcrred to some of the men of great wealth and
their methods. and continued:
In keeping with the undcsc-vcd abuse Of ,,.,t+I,
which IS entitled to serious cODSidaratioy
trenists, that some limit should be ser IN ~,
amount OF property individual may own 1TLc
lmpr1cticdbility and indGVisabilty of anv sur6
measure are At once apparent. You migkt as VII
try TO limit the capacity energy OF an iOdivd,,si
When you prevent an individual from accI,1nulaTiro
you at once discourage his productveness
The speaker favored wise and saIutary'. pro-
gressive tax on all fortunes beyond A certain
amount either given in life or devised or he
queathed on death, advocated by President
Roosevelt and, after discussing at some length the
advantages Of the cooperate form Of wealth said.
The remedy for corporation yrorcdofno is fo,,u,