Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1907-06-06

PRESIDENT IS EMPHATIC IN HIS
RECOMMENDING AS
TO RAILROADS. ..s es-.

Declares There Is Much Good to the
Public and to Corporations in Wise
National ReguIation-Men Of Pred
atory Wealth Peril.
Indianapolis, Ind, May 31.-After
paying a tribute to the men who gave
up their lives that the union might be
maintained, and after speaking In
praise of the gallantry, patriotism and
devotion of Gen. Lawton, President
Roosevelt Thursday turned his atten-
ton in his address at the Lawton mon
ument unwilling to the economic prob
lens Of the hour, making particular
and pointed reference to the matter
of federal control of the railroads. f.,
The speech places the president in
still more advanced position on eco
nomic subjects, but all through its
course there was expressed the deter
mination to see that no legitimate
business interest should suffer.
The principal points made by the
president were as follows:
Stop Crimes of Cunning.
"The power of the nation must be
exerted to stop crimes of cunning no
less than crimes of violence
Zone great problem that we have
| before us is to preserve the rights of
| property; and these can only be pre-
served if we remember that they are
in less jeopardy from the socialist and
the anarchist than from the predatory
| man of wealth"
EVERY federal law dealing with
corporations or with railroads has
| been a step in advance in the right
| direction. u. There will be no halt
! in the forward movement toward full
I development of this policy; and those
who wish us to take step backward
or to stand still, if their wishes were
realized, would find that they had in
vited an outbreak Of the very radical
ism they fear"
Closer Railroad Control Certain.
"The movement to regulate rail-
ways has come to stay. The people of
this country have made up their minds
and wisely made up their minds
to exercise a closer control over all
kinds of public service corporations,
including railways. Every honestly
managed railway will gain and not
lose by the policy"
The purpose of those of us who so
resolutely believe in the new policy, in
its thorough carrying out and in its
progressive development, is in no
sense punitive or vindtctive.'
1--WE favor the railroad manager
who keeps in close touch with the peo-
pie along his line rather than in close
touch with the speculative market"
Needs Of Commerce Commission. IT
| ample provision should be made
by congress to enable the Interstate
commerce commission, by the employ
ment of sufficient force of experts,
to undertake the physical valuation of
each and any railroad in the country,
whenever and so soon as in the opin-
ion Of the commission the valuation Of
any road would be of value to the com
mission in it's work."
1T is plainly inadvisable for the
government to undertake to direct the
physical operation of the railways
save in wholly exceptional cases; and
the supervision and control it exer
edses should be entirely adequate to
secure it's ends, and yet no more har
assing than is necessary to secure
these ends"
Warning to Railroad Men.
Let the big railroad men scrupu
lousy refrain from any effort to influ
ence politics or government save as II
is the duty of every good citizen ir
legitimate ways to try to influence
politics and government" .
IN providing against overcapitali
nation we shall harm no human being
who is honest; and we shall benefit
many, for overcapitalization otter
means an imitation that invites bust
ness panic 60. and puts premium
on gambling and business trickery.'
I'VE hope as one of the chief means
for betterment Of conditions to secur,
as complete publicity in the affairs O
the railroads as now obtains with re
gard to national banks. There neet
be no fear on the part of INVESTOR
that movement for national supervis
ion and control over railways will b.
for their detriment'
Appeals for Power.
Il ask for full power to be givel
the federal government because n
single state can by legislation effectu
ally cope with these powerful corpora
lions engaged in interstate commerce
and while doing them full justice, e1
. act from them in return full justice t
others"
"The shippers of the country mus
be supplied generously with cars an
all other equipment necessary to PROF
erly care for our commerce, and a
this means that the national govern
, ment must be given full and effectiv
power Of supervision and control"
!. r. 3" votiva Is Deposed.
J.. Chicago, May 29.-Wilbur Glen
/ IL r-..s