Arizona republican., 1907-08-21
The Presidents Address at the Pi|drims
Memorial Corner Stone Laying
A ReiteratiOn of His Views to Trust Hunting
and a Declaration That There Will be no Change
of His Policy.

Providencetown, Mass. Aug. 90
The laying of the cornerstone of the
Pilgrim memorial monument conf
pleted the foundation of the imposing
structure commemorating the first
landing within few feet of its base of
the Pilgrim fathers. A big fleet of
fishing vessels and yachts had as a
background eight formidable warships
The Mayflower. bearing President
Roosevelt, was expected at eleven
O'Clock. rounded out the cape an hour
ahead of time.
The feature of the ceremony was the
address of the president heard by the
assembled thousands. Having paid a
tribute to the manner in which the
Puritans discharged their duties of their
day and solved the problems of their
times the president thus took up the
duties and new problems of the pres
ent
The utterly changed conditions of
our national life necessitates changes
in certain of our laws. of our govern
mental methods. Our federal system
of government is based upon the the
ory of leaving TO each community. to
each state. the control over those
things which affect only its own mem
bers and which the people of the To-
cality themselves can best grapple
with. while providing for national reg
ulation in those matters which neces-
Sarily affect the nation as a whole. 1t
seems to me that such questions as
national sovereignty and states rights
need TO be treated not empirically or
academicaly. but from the standpoint
Of the interests of the people as a
whole. National sovereignty is to be
upheld iE so ta- as it means the SOW
ereignty Of the people used for the
real and ultimate good of the people;
and states rights are to be upheld in
50 far as they mean the peoples rights.
Especially is this true in dealing with
the relations of the people as a whole
TO the great corporations which are
the distinguishing feature of modern
business conditions.
INTERSTATE FORTUNES.
Experience has shown that il is nee
essary to exercise a far more efficient
control than at present over the bust
ness use of those vast fortunes, chiefly
corporate. which are used (as under
modern conditions they almost invari-
ably are) in interstate business. When
the constitution was created none of
the conditions Of modern business ex-
isted. They are wholly new and we
must create new agencies to deal ef-
fectively with ttrem. There is no OBJ
lection in the minds Of this people to
any mans earning any amount of
money if he does ii honestly and fair
ly if he gets il as the result of special
skill and enterprise as a reward of
ample service actually rendered. But
there is a growing determination that
no man shall amass a great fortune by
special privilege. by chicancery and
wrongdolng. so far as it is in the pow
er Of legislation to prevent; and that
the fortune when amassed shall not
have a business use that is antisociai.
Most large corporations do a business
tnat Is not confined to any one state
Experience has shown that the effort
20 control these corporations by mere
state action can not produce whole
some results. In most cases such ef-
fort fails to correct the real abuses %
which the corporation is or may be
guilty. while in other cases the effort
l- apt to cause either hardship to the
onrporation itself. or else hardship to
naighboring states which have not