The Denison review. [volume] (Denison, Iowa) 1867-current, 1906-10-18

; ontroI.
and must ultimately DO understood tnaa
the United States government. on oAhaA
OF the people Of the United States, has
and Is to exercise the power Of supervis.
lon and control over the business use ol
work OF tho common carriers Of the ma
uon. and In tho next place over the work
on au the great corporations which d.
i reesiy or Indirectly do any interstate bus.
~ OF the great corporations.
Work Already Done.
During tho last few years the natonaa
IN the direction of exercising and securing
TINS adequate control over the great co.'s
porations, and 1t was under the leadership
orr on one ce 81 .ne most nonored public men e
eminent son0-the present senator, and
tnen attorney general. Knox-that the now
oeparture was begun. Events have now
ed fast during the last i've years, and IL
~ curious to look back at the extreme
bitterness which not merely the spoles.
men ana Representatives Of organized
valve people then felt as to the action
OF MT. Knox and the administration.
MANY OF the greatest financiers of this
country nn1sy were certain that Mr.. Knox'9
plunge US into the worst panic we had
ever seen. They denounced as incitement
To % anarchy Is an GEOLOGY for socialism
now become law or are In fair way al
becoming law; and yet these Same polis
c!es. 30 far from representing either an
a an,iioto OF socialism. we're In reality the
c1alism. 10 exercise q constantly In
crsaslng ana constantly more efficient su.
pervasion and control over the great come
necessity for seriously considering such
project as government ownership oil
RAILROADS. policy which would be sv1
N "s results from every standpoint
Regulation Of Corporations.
A similar extension of the nationaa
power 20 oversee and secure correct b0s
havior in the management Of ali great
corporations engaged in Interstate busis
ness will in similar fashion render far
more stable the present system by doing
away a~t wv, WIN , those grave abuses which are
furnish aan,H al. an excuse for agitators to In.
name Well meaning people against an
forms OF property and to commit the
remedy. which would work infinitely mors
harm than the disease itself.
~, sIdE GOVERNMENT OUGHT Non
T9 c SoIIN7SI THE BUSINESS OF
REGULATE IT so THAT IT sHAiE
BE CONDUCTED IN THE INTEREST
| OF THE PUBLIC
Bourbons and Radicals.
Perhaps the best Justification of the
course which in the national government
we have been pursuing In the past few
years. and which we intend steadily and
progressively to pursue in the future. u
i that 1t is condemned with almost equal
rancor alike by the reactionaries-th
E,, on the one side. and by the
WHO apostles OF unrest on the other. Tia
reactionary is bitterly angry because W
have deprived him of that portion Of his
power which he misuses to the public
reasons. including among others the faae
that by remedying the abuses we have
deprived him OF the. fulcrum of real
grievance. which alone renders the leve1
| or irrational agitation formidable
Not All Done.
We have actually accomplished much.
But we have not accomplished all. MOI
anything like all, that we feel must b
accomplished. We shall not halt; We shall
steadily follow the path we have marked
out. executing the laws we have succeed
ed in putting upon the statute books with
absolute impartiality as between man and
man, and unresting in our endeavor 70
strengthen and supplement these by fur-
aaer laws which shall enable US In mora
eHlclent and more summary fashion 70
achleve the ends we have in view.
Accomplishments.
During tie last few years congress has
had to deal with such vitality Important
the Panama canal, inaugurating the vast
system of national irrigation in the states
of the great plains and the Rocky Moun-
tains. providing for a Pacific cable, and
SO forth Yet In addition to these tasks,
s2 Rgs q Tieh are Of stagendous Import:
along the path of government regulation
and control Of corporations; the inter-
state commerce law has been made Of.
fective in radical and far reaching fash-
ion, rebates have been stopped. pure
food law has been passed. proper super
| vision of the meat packing business pro-
vided, and the bureau of corporations es-
tablished-a bureau which has already
done. great good, and which can and
should be given constantly increasinl
functional power.
Justice for Capital and Labor.
The work OF legislation has been no
more important than the work done 81
the department of Justice in executing
the laws not only against corporationa
and individuals who have broken the an.
ti-trust OF interstate commerce law, but
against those who have been engaged IN
land frauds. Scores Of suits. civil and
criminal, have been successfully unders
taken against Offenders of ali kinds
many of them against the most formida.
4 bic and wealthy combinations in the land
in some the combinations have been dis.