The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-12-03

There must ~ no halt in the
healthy constructive course Of ac-
tion which this nation has elected 90
pursue and has steadily pursued.
during tho Hast six years. a. shown
both IN the legislation ~ the cun-
grcss and the administration at
tNe law hy the department of isia-
tice The mnat vital need ls in cnus
neCtlon with the railroads A. Ca
thrso In mY Judgment there
should now D. either national ln-
corporation act or Il law licensing
railway companies "a engage in ins
tcrstate commerco upon certain
conditions The law should b. -
framed A. 90 give % the interstate
commerce commission power 20
pass upan the future ISSUE 90 &C.
curitica, white ample means should
b. provided "a enable thu commits
sion. Whenever in tts Judgment it
e. necessary, % make phN
valuation of any railroad As
stated IN my message 60 tho Con-
Ereas a year nEo. railroads should
o. given power o. enter inga agree
neuts subtect 60 thsae agreements
betting made public ~ minute de-
tail and % the consent ~ the TN
twratat~ commerce commission be-
Ing first obtained
Corporation Must Submit
Until the national government
assumes proper control OF inter.
stats commerce. IN the exercise %
the authority u already possesses,
4 will be impossible either 80 give
% o. 70 Get troua the railroads. tsll
iusstee. The railroads ard al ether
"a -
rrcoqrfxa that thia controi rsuxt
eorsss tire only question 10 a. 20
what governmental bodY ear nest
ssiSeiy exercise a. The courts WIZ
determine tie limits within which
the federal authority can exercise
it and thsre VIII stiu remain ample
work within each state fur the
railway commission IL that state
ami che national Interstate cum-
merce commission viii work iu
harmony with the several state
commissions. each Nifhin its own
pros inCs. o. achiefa the desired
end.
Sherman Art Trust Law.
Moreover, IN NY judgment there
should be additional legislation
locking 20 tire proper eentrsl Of the
great business concerns engaged ~
Interstate business, this control 10
be exercised for their own benefit
ard prosperity no lsEs thar for the
protection 81 investors ard 81 the
general public.
Must Allow Combination.
As have repeatedly said iu mes
ssKca ta enc congress and elae-
where. experience has definitely
shown not merely the uuwlsdom
bat the tutifify ~ euaeavoriuE Co
pat q stop Ga ala business combina-
ii1ns Modern Industrial condl-
ii9ns are such that combination is
not only necessary but Inevitable
~ rs 80 in enc world ~ business
iuai ne e ia 90 in the world % La
hur aud u la as idle % desire %
pest an end % ali corporations. 90
ar bla combinations uf capital ~
o. desire - put Ru end 20 cumbiun-
tiauH - labor Corporation and iHs
hnr union alike have come % stay
Each 81 properly managed o. a
source ~ good and not evil When
ever tn either there o. evil it
should BE- promptly held 20 account
beat Do should resolve hearty enc
Cauragcment - Ions az it c. prnp-
erly managed % o. profoundly im-
moral 90 post nr keep on thr statute
books ia law. u0minaiiy % che IN
teFesf ~ public morality. that real
lv puts premium upon public
immortality. Isl undertaking 90 for
btu honest men from doing what
must b. dome under modern buwi-
Mess conditions. ~ that the law Sc
self provides that lts own infrac-
tian wuat BE- the condition pre-
crdeut upon business success To
aim nt rhn accomplishment ~ too
much usually means the accom-
piiahmaut ~ too little. and often
the doing a. positive damage