The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31

have occurred in the management Of some
of ouI great corporations.
There was a moral awakening among
the people, and the n of the admin
~istration were held up in the work which
1t was doing. On the other hand, the men
and the interests which were the subject
of attack we're not idle. They had their
partisans-guilty and innocent. The guilty,
of course, wished to defeat the admins
tration by any means. The Innocent were
those who had become involved with trust
IN legitimate business transact
lions. and to whom the attitude of the
administration seemed one general opposi-
ton to the whole business community,
'"The course of h administration
has been directed against such organ
ixed capital as was violating the
statutes of the United States-an6 no
others.
1.-THE President has condemned the
l~asybreakers. He has convinced those
who have uniawfulIy accumulated en-
ormous powers and capital that they
of the law in their hearts. They have
been acute enough to attempt to pro-
tect themselves by giving the impress
sion that his action has been directed
against the whole business community.
sit Is true that the business men OF
our community, as a whole, are honest
and their methods are sound. The
Indeed, Il is chiefly in the interest of
the great body of honest business
men that he has made his great fight
LOT AdNFIuh DuBIne9s methO0S.
"1nstead of making a panic, the ma
ti0nal policy of ending the 1nwIessness
OF corporations In interstate commerce.
and OF taking away their power of
and bonds, will produce a change in
their management and remove one
fruitful cause for loss of public conf
dence.
'sThe combination of capital Ia just
as essential to progress as the assem-
ping OF the parts OF n machines and
hence corporations, however large, are
Instruments of progress. But when
they seek to use the mere size OF
amount of the capital which they CON
troll to monOpOlize the business in
press competition by methods akin to
duress, they should be restrained by
law.
The administration has been thus far
successful In showing that dangers from
individualism can be effectively regulated,
and hat abuses in the exercise of private
property can be restrained. Thus a great
conservative victory has been won and the
coming of socialism has been stayed.
"sThe question which you have uItl-
mately TO meet liz not whether we
snail return to a condition of un-
regulated railways and un%regulated
trusts, but 1t is whether we shall
maintain a strict system of regulation
of railways and trusts or whether we
snail turn the country over 10 the advO-
Gates or government ownership and
state socialism. Anyone who seeks "a
retrograde step from the policy of the
administration, on the theory that 1t
would be a real step toward cOnserva-
tism, IL blind to every political sign
the times.
IF one attempts to fix the centre or the
conservatism Of the country, he Is likely
TO Xix 1t in New England. If he is seeking
the community where appeals to righteous
ness n Justice awaken a response, he.
will find it In New England. Hence 1t is
that l have ventured at this time and
Aha asRa -, 49, --..sI
to discuss the political aspects of this
panic. and to appeal to you, whether Demo-
Gratis or Republicans, not to allow an acute
involving ~peeuniary loss and men
tai strain, serious as II is. to lead you
from a broad, impartial. just and patriotic
view of the situation"