The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-12-03

eTdi pro- leEll. i4f no sNcu uelu ~ .
HerMa reuty beneficial character can
l. given % tie .-ss able auI Jess for.
,guI'e save IS tie results u pole.
Hllsl shall la-re 90 o.. alya1' - 0.
t Industrious aud efficient people nIo
H.t le.-l T.. 1-I ibis IS only aa0.l..
-Hs p saying tl1; any benefit ssh
.Hr.- o. ra- es~ 1t.a and Jess fJr-i
-.-s rl-- = Ie-t.>sI-s come even l.l..
'H --e -r-- able raI more fortunate.
Z therefore --e Jess fortunate ..I
"Hr-l ~ envy ~ bis more fl.'l
'- h-9.Lsr % strike az the c94,.
'.f-s l-lar Witch they have r1.I
though gaa.ua.y r-Y-perri The rD-. '
500. a-slrclly - that. while daug-
u4f cone 70 The one struck at 10 vl.
....t with un even heavier load tue
nle who strikes the blow Taken as
whole We must all ~ up or go down
together.
Yet while not merely admitting nu'
Insisting upon This. q Is also true th8f
here Their. is %, governmental rr.
.'-a'nt or sgrerfI-.u some OF the el.
optional uor us" their energies rI'
100 ways that arc fp- the common e,DI
lut iu why's which tefl against this
common good The fortunes ama cd
through corporate organization are now
., larg. and vest such power 900 those
thHt WELD them as 90 make &, a matter
~ necessity 10 give 10 the sovereign
that u.s.. 20 the government. which rep
r"4epts the people ns Wholesome cf
fcctiyc power of supervision over their
corporate use. In order 20 insure u
healthy social and Industrial NE every
hl. corporation should be held rcspou
.ib.e boy and BE- accountable 10 some
sovereign strong enough to control It's
conduct | am In no sense hostile 10
corporations This IL an age Of com.
bin1tion. and amy effort 10 prevent all
combination will be- not only useless
but In the end vicious. because OF the
contempt for law which the failure to
enforce law Inevitably produces We
should. moreover. recognize IN cordial
and ample fashion the immense good
effected 10y corporate agencies IN q
country such ns ours and the wealth
of intellect energy and fidelity devoted
10 the scrvicc of the public. by their of
iiccrs and directors. The corporation
has come 10 stay. Just as the trades
union has come 10 stay Each can do
and has dOrc great good. Each should
hc favored SO long as II does good
But each should bc sharply checked
where II acts against law ana Justice
"Thc makers OF our national
constitution provided especially that
the regulation Of Interstate commerce
should come within the sphere of the
general government The arguments
IN favor Of their taking this stand were
even then ovcrwhclming But they are
far stronger today. I'm view Of the "uor
nous development Of great business
agencies usually corporate In form
| Experience sas shown cunclusivcly
| that II is useless 10 try 10 get any adc
| Quntc regulation and supervision ot
! these great corporations 10y stat" ac
/ tlon such regulation and supervision
| can only bc effectively exercised by .
| sovereign whose jurisdiction Is cock
tcnslvc with the field Of work Of On,
corporations that Is, 10y the untionu
| government | believe that this rcgu
lation and supervision can bc obtuinc,
by the enactment of law 10y the con
! grcss. our steady aim shoul,
bc 10y legislation. cautiously aud care
| fully undertaken, but rcsolutc,y per
severed In. to assert the sovereignty %
the national government 10y utlirmativ,
/ ogttpu