Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-06-15
JUDGE GROSSCUP
ON CORPORATIONS
Best instrument Yet for Welding
Industrial Energy of This Gen
GRAFTON of Americans.
PROBLEM AND TIE PEOPLE.
In Last Analysis itfis They Who Are
Building industrial Triutnphs--
Problem IL Every Citizens.


Chicago, June 1.-THE National Crede
1, MEMS association ended their three
a,..,-,, ,,,,,ts h,,,,n,,ot to,te,t,t
nhys CoiiNV,lV'Vi "p'' q 'Vi va ~
at the Auditorium, at which Speaker
Cannon of the house of representatives
ava 1udye raler IS c;rosscun wore the
49,, 49,. tasy e,,.,,,u,,, "a
ptillolpai speuAens' 'uuee N."9sN"p
sponded 10 the toast me Every DAY
Business Man and the Corporation
Problem He said in part: Il.
n. ~, ,,,,...o,.,t,,, ~ ,e,ot
ANot olhs 10 Wy rpiP'fat'Vi' ''e iss q"
Instrument through which Is Welded
almost wholly the industrial energy of
this generation OF Amerlcaus--it rs the
best Instrument yet discovered by which
that energy can be Welded. Not only
is the corporation the medium through
which the wealth OF the people WORKS
out this ages Industrial triumphs--it IS
The only medium through which the
neople while working out their tri-
nmphs as a whole can also work out,
each Tor himself. his separate indiYid-
ual instinct for d personal share in the
trlumphs achieved. Indeed, what gov
ernment' is 10 mankind politically or
Ranized. the CORPORATION has become
10 modern Industry organized. and IT
is i'm the corporation, In this relation of
intermediary between those seeking 10
own. and the property to be owned, that
the destinies OF the future are the most
deeply bound up
MIR. Roosevelt thus far has dealt
with the CORPORATION problem as II the
relation of the corporation to the peo~
ME was almost wholly that of business
,,ival 10 the Individual man--as If the
relation between the corporation and
the Individual man was chiefly an arm
length relation. And I am one of those
Who helleve that In taking this attitude
.Dn ,,Isei,, chose that first step in an,
Commemorative program for CorporaUoI,
reform. Indeed. before the corporation
MS the hest instune~t welding the peo-
rle's energy and working out the peo-
pies property instinct. could be brought
aistlnctlely into public thought, it was
Indispensable that existing corporations
shouid he taught that there is such q
thing as a people's will expressed IN
law. and that there is such a thing
as obedience by everybody to the law.
THAT mart OF the road has now been
nearly traveled-that part of the work
has now been nearly done. What waits
MS In that direction, is the duty of a
ronIinued watchfulness. But the next
great distinctive step forward also waits
for us-the work OF turning this pre-
marathon into permanent deed--of put
ing into enduring form, not Ideally, but
nctually. in the corporation structure OF
The future. those practical principles OF
The square deal. that will transform the
rorporation into a permanently fit agen'
~ In which TO embody. and through
which 10 work out. our triumphant in
dustrial life. The people OF America
tbove shown that between the corporu-
ijon when 1t reaches its best estate, and
Inc people. there need be no gulf, Tor IN
Inc Iast ANALYSTS. II is the people who
: H.. toll ff-f-
r,,srhs ,bo,1eh in corporate form. that
o,.ar,,,,,hero s,,rro,nd us-the people s
.o,,n,'ietiry wealth the people IS
Shintt;ng heads The peoples busy
ha,ais Hba naonle's throbblnS. aspiring
haa,,s and tbs corporation. when Il
neasso, IT, sts host estate will come to be
ae os.,,I,,a nd trnsted only as the or
ss', go, throueb which these
500" 49, bapde and these
neauo, "iIu 80 .,",,,n,,iated savings
neasss, ,'.' ,lsi,. York And when the
seeo'illsiS,t -" cn,rorsfionis hest estate
nays " ~" :, III, Va recn,,ntzed also, Ia
law Noi 49,, a -, s,,.ii,a 81 an enterprise
oe ~ W ,s., ~ 49, orto,nrise Ia moor
merely because we" ,,.,oi,ad now IN incor-
por".eu, 10 ~ - f,nna1,sn nv 80 do
porate :, ii''t' ~ be,,ond The reach OF
,s ~ ,i'"S
,ha,. NM, rood thai. In on,
,yaveIs toward corporation reform, ",
shoulu Naiug, 'ii nue.. - came
Wilaer'ess c. nns ana rresent n con.
snl.lh' 70 Ips,r'eie''' nrosrpo short O,
.Is.e pt NE s.to,,ds ~ Taforp, win moi
MnlO" sHe ,n,.o,,J ,,,hisp thsN ,riu moi
siop mp. a .hls,, ~ o,ie ~ NJ csrriea Tn,
snneerv.tive intelIieence of the coun,
tonsei Ea.tNv .tssie ~, vs. c..,.,t civ,,
wy inc reni ,,',iP 49, Ne s,e phinr
shanse ~ V,,hi,hey 4 Is bci,ie
VI Irnn Inte,ests az the b,,slnes.
reg. /, ,.ao,,,irn ,he, Tic husinsss vnrlf
Mot,u Lporv where II stands~that il
sho,iid he relieved from the appreheil.
snouit ~ ,,s,,'ttre ~, "p a. Il,
sioin i Ii'iFs whose powers for mIsehie,
e,v" not az vet been measured, Besides
.ha ca,,se ~ reforn1 itself demands mo,
,he nnxt sten he promptly as We'll a,
..n,.1iiecntlv taken, for In every move.
Mani iilte This there is "A moral mo,
srt-. ta ~ "a