The Cairo bulletin., 1907-10-04


: Ing, shall be scrupulously safeguard
! ed. The instruments for the exercls,
J of modern Industrial power are tn,
: great corporations which. though
cisated by the individual states, have
grown far beyond the control OF those
states and transact their business
! throughout large sections OF the
union. These corporations, like the
Industrial conditions which have
, called them into being, did not exist
when the constitution was founded
hut the wise forethonght OF the found
"rs provided the Interstate commerce
clause of the Constitution, for tho
very emergency which has arisen II
only our people as whole Will realize
what this emergency Isl; for II the
people thoroughly realize II, their
governmental representatives will
soon realize 1t also. The National
government alone has sufficiently ex-
tensive power and jurisdiction to ex-
ercise adequate control over the great
interstate corporations While this
thorough supervision and control by
the National governnent is desirable
primarily In the interest OF the PEG.
pie, At will also firmly believe. be
TO the benefit of those corporations
themselves which desire to be honest
and law-abiding. Only thus Cnn we
put over these corporations one com.
petent and efficient soverign-the
Nation-able both to exact Justice
from them and to secure justice for
them, so that they may not be altern
ately pampered and oppressed The
proposal need be dreaded only By
those corporations which 40 not wish
/ 10 obey the law or to be controlled In
Just fashion, but prefer to take their
chances under the present lack Of all
! system and to court the chance of |
getting improper favors as offsettine |
the chance of being blackmailed an |
attitude rendered familiar in the past |
ny those corporations which had /
thfiven under certain corrupt and |
laWless city governments.
Regulation of Railroads.
Inc flfSt need is to exercise this
Federal control In thoroughgoing and
efficient fashion owe. the railroads
which, because of their peculiar posi-.
tlon, offer the most immediate and mr.
gent problem. The American peoploI
abhor vacuum, and is determined
That this control shall be exercised
somewhere; 1t Is most unWise for the
railroads not to recognize this and to
submit to 1t as the first requisite OF
the situation When this control d
exercised in some such fashion as IL |
is now exercised over the national
banks, there will be no falling off IN
business prosperity. On the contrary, !
The chances for the average man to !
10 better will be increased. Undonbt. !
adly there will be much less oppor
unity than at present for a yeryl I
eW individuals not of the most scrup !
llous type to amass great fortunes by 7
in and manipulating sc. !
which are issued without any :
ind Of control or supervision Hut :
here Will be plenty of room left frri 7
mple legitimate reward for business =
enius, while the chance for the maa J
no Is not business genius, but WHO :
good, thrifty, Woodworking citi} !
IN, will be better. | do not beliavai
lat our efforts will have anything
ut beneficial effect upon the per
anent prosperity of the country.
a of fu at ! Y
lrds any temporary effect, think )
AT any trouble Is due fundament- !
ly not to the fact that the national :
lthorities have discovered and cor J
cted certain abuses, but to the fact
at those abuses were there to b. !
| think that the excellent
ople who have complained of our
licy as hurting business have 7
own much the same spirit as the
lid who regards the dentist and not I
e liberated tooth as the real source )
his Woe ! am as certain as | can /.
OF anything that the course we are !
rsuing will ultimately help bust .
SIS; for the corrupt man of business :
as great a foe to This country as the J
rrupt politician. Both stand on the :
me evil eminence of infamy.
ainst both 1t is necessary to war
4 II, unfortunately, in either typo
warfare, a few innocent people are a
TT, the responsibility lies not with
but with those who have misled a
IN to their hurt. z
W Methods For New Conditions =
This Is a rapidly growing nation =
a new continent, and in an era OF
", complex. and ever-shifting con =.
ions. Often it is necessary to de- s:
G new methods of meeting these =
" conditions. We must regard the .
It. but we must not regard only the
It. We must also think Of the fu- "a
@; and while we must learn by ex r.
fence, we can not afford to pay
ID merely to the teachings of ex-
fence. The great preacher Chan
z in his essay on "The Union" III
Ike with fine insight on this very H|
Mt. In commenting on the New
gland statesman Cabot, whom he
atty admired. he said that never.
less che had too much Of the wis -
q of experience: he wanted what