Daily press. [volume] (Newport News, Va.) 1896-current, 1907-11-17
SUNDAY, NOVEMBER Il, 1907
LOOKS VERY MUCH LIKE "A Po-
LlTlCAL SENSATION.

Tho Associated Press in a dispatch
from Washington few days ago an
nounccd that President Roosevelt had
been assured that there will DC no
opposition on the part of tho great in.
duatrlcH or tho country 10 the enact
mept of tho laws necessary TO carry
out his Ideas OF Federal control 10
tho extent 70 which he has cxpoundcd
them In tho speeches he made at the
JameBtown Exposition and other
places during the past summer. In
political circles this dispatch 10 regard.
cd as ono OF vital Importance. and II ia
predicted by those in II position to
know that industrial corporations
Of the country will line up for
the support OF President Roosc'
volt and Ills cnntralizing schemes.
III spcaking of tho matter In
on interview granted to u New
York newspaper. Mr. Frank lIago-
man. ono of tho leading lawyers OF
tho Standard OIL Company. among
other things raid
ITO my mind the only possible solu.
ton OF the problem Is for the Federal
government 10 assume control OF all
corporations. combining with this
control complete publicity. No othe,
course seems possible In view of the
trond of public sentiment, All cor.
porations should be compelled TO OBJ
tain charter from tho national gov.
eminent before beginning operations,
and all their workings should be un,
der complete supervision
Recently In u public discussion
President Mather of the Rock Island
Railroad said: IA Wise and Just reg
uiation is only possible under a sin
sle and centralized authority. The
day Is passed for unyielding opposi
tion 10 all policies of Federal control
of our carrier corporations. Nay,
more. the day has dawned in which
10 welcome that control" President
McDoel of the Monon route commend
cd this declaration OF Mr.. Mather aud
aald: Il think most railroad officials
Will approve 1t as do" President
Fciton of the Chicago & Alton said:
II think well of Federal control and
regulation as substitute for the ey.
listing system OF varied laws and reg
ulations as imposed by the various
States" President Ripley of the
Atchison & Santa Fc said: I'VE have
too many masters. Wouldn't it be
better for us If we had Il single, cen.
trial source OF regulation instead Of
SO many" President Harnhan OF the
illinois Central said: "M;. Mather's
statement In my opinion, pretty well
EXPRESSED the focling of railroad pres.
Idonts and managers"
Tho fact that the railroad finan.
clers, presidents aud managers are
rallying to the support OF the Prcsi-
dent is accepted as meaning that Tho
country is approaching fresh agita-
ton In which Mr.. Roosevelt will loom
up as the real leader of the great in.
dustriai and railroad combination
seeking TO annul state laws aud thus
Infringe upon the sovereign rights OF
the commonwealth. 1t is predicted
that this movement is sure 10 result
In extraordinary political develop
ments and sensations. 1t IS not un
reasonable to suppose that as soon a.
this centralizing scheme assume;
definite shape. there will be tremen
fions clash of conflicting forces in bots
parties which will result in more
complete shattcring of party line:
Than has ever before been witnessed