Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1907-06-01
CHEERED BY VAST MULTITUDE
Several Brief Speeches from Train and Not
able Address at Semi=Centennial of
Michigan Agri. College at Lansing.
AT INDIANAPOLIS.

Indianapolis, Ind, May 31.-President
| Roosevelt delivered the principal ad-
| dress here at the unwilling of a monu-
| ment to General Henry w. LaWton, on
! Memorial Day. He discussed railway
problems and incidentally paid a warm
! tribute to Oliver Morton, the war Gov
| ernor of Indiana. The President ar
| rived at 10.4S 4. NJ, from Canton, Ohio,
| accompanied by Vice President Fair
banks and was driven to the Fairbanks
| home where luncheon was served, after
which he was escorted to the court
| house square by United States troops,
Il companies of the G.. A. r., and other
| organizations.
| The parade route of two miles was
lined with cheering crowds
Following the ceremonies Vice Pres-
| dent Fairbanks addressed the crowd
| briefly.
At the conclusion of the exercises
| the President and Vice President were
| driven to Crown Hill cemetery where
| the President placed a wreath on the
grave of former President Benjamin
| Harrison.
James Whitcomb Riley read his
poem Tho Home Voyage" written in
honor Of General Lawton's memory
when the body was being brought
home from the Philippines and tile cur
| tain covering the monument was with
| draw ~ Miss Frances Lawton,
daughter Of the dead general
introducing President Roosevelt,
| Governor Hanley said:
| The Presidential office is the great
est office in the gift OF men. 1t re-
| QurCs u strong man TO administer it.
| x Weakiing would be quickly over
Whemed and lost amid its immensities.
| But he whom l now have the privilege
| and honor to Introduce to you is al
home in that great office. Great as it
| is. it is to him but opportunity, nothing
more. BY his own intrinsic worth he
has added distinction to its greatness
| and luster to its fame. For him there
| have been, there are problems. Ladies
and gentlemen, the President Of the
| United States"
| President Roosevelt was given an en-
| thuSiastic greeting when he walked to
| the front Of the speakers stand. The
| reception was equal to the ovation
| given him when he appeared on the
| platfOrm at the beginning of the GXer-
cises:
| President Roosevelt said:
| To-day | wish to say a word to you
| about the first and most important
| feature of this task, the control of the
| common carriers doing an Interstate
| business; Il control absolutely vested in
the nation. while in 50 far as the COM
| mon curriers' also transport the mails
| it is in my opinion probable that
| whether their business is or is not in
| terstatc if is to the same extent sub
| ject to federal control, under that
| clause of the Constitution granting to
! the national government power to cs-
tablish r0st roads and therefore by
| necessary implication power to take all
| action necessary in order to keep them
at the highest point Of efficiency.
| There must be vested in the federal
| government a full power Of supervision
ana control over the railways doing
| interstate business; a power in many
| respects analogous to and as complete
| as that the government exercises over
| the national banks. 1t must possess
| the power to exercise supervision over
| tho future issuance Of stocks and
| bonds either through a national lncor-
| poration (Which I should PREFER or in
| some similar fashion, such supervision
| to include the frank publicity of every
thing which WOuld-he investors ana inc
| public at large have a right TO know.
| TT should be declared contrary to
public policy henceforth to allow rail-
| roads to devote their capital to any
thing but the transportation business,
certainly not to the hazards of specu-
| lation.
| Railroads should not be prohibited
| from acquiring connecting lines, by &C
| ouiring stocks, bonds, or other securi-
| ties of such lines; but it is already we'll
settled as contrary to public policy to
/ allow railroads to acquire control over
parallel and competing lines Of trans
portation Subject to first giving to the
| government the power of supervision
and control which I have advocated
| above, the law should be amended 50
that railroads may be permitted and
encouraged to make traffic agreements
| when these are in the interest of the
general public as well as of the rail-
road corporations making them. These
agreements should OF course be mad
public in the mnutest- detail, and
CONTINUED on Page Eight)