Daily press. [volume] (Newport News, Va.) 1896-current, 1906-10-05
Excellent Service
nOderate
Charges
UNSURPASSED nEALS

which not merely the spokesman and
representatives of organized wealth.
but many most excellent conserva-
live people then felt az to the action
of Mr.. Knox and OF the adminstra-
ton.
Financiers Predicted a Panic.
Many Of the greatest financiers of
| this country were certain that Mr..
knOXs Northern Securities suit, IL
won, would plunge us into the worst
panic we had ever seen. They de.
| nounced as Indictment to anarchy, as
\ an apology for socialism, the advoca-
cy OF policies that either have now
become law or are in fair way of be-
coming law; ana yet these same pol
icies, so far from representing either
anarchy or socialism. were IN reality
the antidoies to anarchy, the anti,
dotes To socialism.
| 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.
| Perhaps the best Justification of the
course which in the national govern
ment we have been pursuing in the
last few years, anu which we intend
steadily and progressively to pursue
in the future, is that ii is condemned
! with almost equal rancor alike by the
reactionaries-thc bourbons-on one
side, and by the wild apostles of UNI
rest on the other.
! Much Accomplished.
| We have actually accomplished
much. But we have not accomplished
| "a Ia N
must be accomplished. We shall not
halt; we shall steadily follow the path
we have marked out, executing the
laws we have succeeded in putting up
on the statute books with absolute
impartiality as between man and man
and unresting in our endeavor to
strengthen and supplement these by
further laws which shall enable us in
| more efficient and more summary
fashion TO achieve the ends we have
IN view.
During the last few years Congress
has had to deal with such vitality i'm
portant questions as providing tor the
| building OF the Panama canal, inaug-
urating the vast system of national
irrigation in the States Of the great
plains and the Rocky mountains. pro-
vldng for a Pacific cable, anu SO
forth. Yet in addition to these tasks,
some of which are OF stupendous inn
Eortance, congress has taken giant
strides along the path OF govern
ment regulation and control Of corpor-
atoms; the interstate.commerce law
has been made effective in radical
and farreaching fashion. rebates have
been stopped, n pure-food law has
been passed, proper supervision of the
meat-packing business provided, ana
the bureau OF corporations establish
| ed-a bureau which has already done
great good, and which can and should
be given a constantly increasing func-
tional power.
PRAISES the Departments.
The work of legislation has been no
more important than the work done,
by the department of justice in exc
cutting the laws, not only against cor
porations aud individuals who have
broken the antitrust or interstate
commerce law, but against those VINO
have been engaged in land frauds.
scores Of suits. civil and criminal,
have been successfully undertaken
against offenders of all kinds-many
of them against the most formidable
and wealthy combinations i'll the
land; In some the combinations have
been dissolved, in some heavy fines |
have been imposed, in several cases
the chief Offenders have been impris-
oned.
1t behooves us Americans TO look |
ahead and plan out the. right kind OF
a civilization. as that which we in |
tend to develop from these wonderful
new conditions Of vast Industrial |
growth. 1t must not be, it shall not
be, the civilization of mere pluto
crazy, clearinghouse, Wail-street-
syndicate civilization; nor yet can
there be submission to class hatred. !
to rancor, brutality, and mob violence,
for that would mean the end of all
civilization.
Increased powers are susceptible of |
abuse rs well as use; never before
have the opportunities for selfishness |
been SO great, nor the results of sell
fishness SO appalling: for in commu-
mites where everything is organized |
on merely selfish commercial basis,
such selfishness. IL unchecked, may
transform the great forces of the new
epoch into powers of destruction hith.
erto unequaled.
Greed Should be Checked.
We need to check the forces OF |
greed, to insure just treatment alike |
of capital and Of labor, and of the |