The daily morning journal and courier., 1907-08-21
ROOSEVELT AFTER ENTERTAINERS President Not Deferred in His Policy by Atti-
 tude of Wall
 Street. DECLARES HONEST NEED HAVE NO FEAR Intimates "Malefactors of Great Wealth" May Have Combined to Bring
 Financial Stress.

laying of the cornerstone of the Cape
 Cod Pilgrims Memorial monument
 here to-day gave President Roosevelt
 his first opportunity of the summer to
 break silence upon public questions
 and the forty minute speech, which
 he delivered from a platform on top
 of Town Hill, was one of vigor and
 directness upon matters of national
 importance. The feature of his ad-
 dress was his advocacy against na-
 tional incorporation law and his
 stand in relation to violators of the
 law, especially corporations. With
 great emphasis he declared that the
 administration would not waver in it's
 determination Ito punish certain mal-
 efactors of great wealth"
 There will be no change in the
 policy we have steadily pursued" de-
 clared President Roosevelt; mo let
 up in the effort to secure the honest
 observance of the law; for I regard
 this contest as one to determine who shall rule this government--the peo- pie through their governmental
 agents, or a few ruthless and deter mined men whose wealth makes them particularly formidable, because they hide behind the breastwork of corpor- ate organization.
 The president declared that the | government would undertake no &C., tion of vindictive type, and. above all, no action which would inflict great or unmerited suffering upon in- nocent stockholders and upon the public as a whole He said that the governments policy in it's ultimate analysis meant "a healthy and pros- | porous expansion of the business &C., tivities of honest business men and honest corporations"
 At one point President Roosevelt departed for a moment from his ad- dress, as originally prepared, to re- mark;
 "All that have said as to desi rable and undesirable citizens remains true.h I The day was one of the most note- worthy in the history of Cape Cod. The monument which will rise to a height of 250 feet, will commemorate the first l landing of the Pilgrims on American i soil, their six weeks exploration of Cape Cod in search of an abiding place, and the signing of the famous compact on board the Mayfower as 1 she lay at anchor in this harbor Ten thousand people who crowded into the | little town had every oportunity to see the president, and at least one-third ! of them heard his remarks. At the conclusion of the first part of the ex- ercises on the hill, which included be- sides President Roosevelts speech, ad- dresses by James Bryce, the British ambassador, by United States Senator Henry Cabot Lodge, and Congressman l William c. Lowering, the Masonic rit- iual in connection with the laying of the cornerstone of the monument was carried out J. Albert Blake of Bos- ton, grandmaster of the Masons of Massachusetts, performed this ceremo- my, and William B. Lawrence of Med- ford, past grand warden, made brief address in response on behalf of the grand commandery.
 l Following these exercises, ban iquet was held in the town hall Presi- dent Roosevelt, however, remained in the hall only twenty minutes--suf1 cient time for him to appease his ap- petite and to say a few words of thanks to the town committee. From the hall, under the guidance of James B. Connolly the author of sea stories the president was conduct ed to Odd Fellows hall, where he was i introduced to more than 200 Province town and Gloucester fishermen. The president spoke to them for about ten minutes, commenting their labors and manful way in which they performed them.
 At the conclusion of his remarks President Roosevelt was driven to the wharf, where he boarded launch which conveyed him out to the con- verted yacht Mayf1ower, at anchor in the harbor. At o'clock the Mayflow- | CT sailed out of the harbor on her way back to Oyster Bay. The president was in Provincetown for litle more than six hours.
 When the Mayfower came into the karbor this forenoon and when she went out this afternoon she was sa- luted by the eight warships of the North Atlantic squadron, under com mand of Rear Admiral Davis, which lay at anchor just outside the harbor. The Mayhower was accompanied by two torpedo boats.
 Throughout the day the presence of large force of marines from the fleet, the gay music of the bands and the brilliant decorations on the houses in the village and the yachts in the har- Dor, gave the little fishing town lively appearance
 It is expected that the monument will be completed in about two years, and it is possible that anothers presi- dent may be called upon to speak at it's final dedication. The structure will be built of stones contributed by 125 towns of Massachusetts, as well as a number from towns in England, to- gether with many other contributed by patriotic societies. The total cost of the monument will be about $10000O, Toward this amount, the government contributed $4O,0OO, the state $25,OOO and the town of Provincetown 5,90O When completed it will be one of the most prominent landmarks along the Atlan-: tic coast.
 Presidents Address. President Roosevelt in his address said.
 It is not too much to say that the event eommemorated by the monument