Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-06-06

vor ruli and ample return TO such
men; but we do not favor a policy of
exploiting the many for the benefit of
the few. We favor the railway man
who operates his railway upon
nent investment, and who has an in
deal in its securities has been closed.
only the man who cares nothing for
the property after his speculative
dal in its securities has been closed.
We favor the railway manager who
keeps in close touch with the people
along his line rather than in close
touch with the speculative market;
who operates his line with a view to
the advantage he can legitimately get
out of his railway as a permanent in
vestment by giving fair return to
the stockholders and 10 the public
good service with reasonable rates;
who does not operate his road with
view to the temporary speculative ad
an uncertain future and unloading the
securities on the public
Favors La Follette's Plan.
Ample provision should be made
by congress-. said the president, to
enable the interstate commerce COM
mission, by the employment of suffi-
cient force of experts, to undertake
the physical valuation of each and any
road in the country, whenever and so
soon as in the opinion of the com
mission such valuation of any road
would be of value to the commission
in its work There are undoubtedly
some roads as to which it would be
an advantage, from the standpoint of
the business of the commission, to
have such physical valuation as
soon as possible"
The president disclaimed any hos
tility to corporations as such and
urged frank recognition of the fact
that combinations of labor are natu-
raj result of modern conditions and
of our national development. "As far
as in my ability lies he said, my
endeavor is and will be to prevent
abrse of power by either and to favor
both so long as they do we'll The
aim of the national government is
quite as much to favor and protect
honest corporations, honest business
men of wealth, as to bring to justice
those individuals and corporations
representing dishonest methods Most
certainly there will be no relaxation
by the government authorities in the
effort to get at any great railroad
wrecker-any man who by clever
swindling devices robs investors, OPP
presses wage workers, and does injus
|tice to the general public. But any
such move as this is in the interest
|of honest railway operators, of honest
corporations, and of those who, when
they invest their small savings in
stocks and bonds, wish to be assured
that these will represent money hon
estly expended for legitimate busi-
ness purposes He further declared
that it is prime necessity to allow
investments in railway properties to
earn a liberal return, return sufi-
GENTLY liberal to cover all risks. We
can not get an improved service I'M
less the carriers of the country can
sell their securities; and therefore
nothing should be done unwarranted-
ly to impair their credit nor to de-
crease the value of their outstanding
obligations.
For Honest Government.
Finally, friends" said the presi-
dent, let us never forget that this is
not merely a matter of business but
also a matter of morals. The success
of our whole system of government
depends upon our discriminating be-
tween men, not with reference to
whether they are rich or poor, whether
they follow one occupation or an
other, but with reference solely to
whether they act as honest and up
right citizens should act. The man
who on occasion will corruptly do
what is wrong in the interests of big
corporation is the very man eager to
blackmail that corporation as the
opportunity arises. The man who is
on occasion a corruptionist, Is apt,
when the gust OF popular feeling blows
hard against the corporations he has
corruptly served, to be the loudest,
most reckless, and most violent among
those who denounce them. Hunt such
a man out Of public life. Hunt him
out as remorselessly If he is black