Palestine daily herald. [volume] (Palestine, Tex.) 1902-1949, 1907-12-03

all owners and stockholders, both by
the corporation owning such stock
and by the corporation in which such
stock is owned.
To confer upon the national govern
ment. in connection with the amend.
ment advocate in the antitrust law.
power Of supervision over big bust
ness concerns engaged in interstate
commerce, would benefit them as it
has benefited the national banks. In
the recent business crisis it is note
worthy that the institutions which
failed were institutions which were
PINOT under the supervision and control
sof the national government. Those
Slsh were under national control
- test.
S2ntrol of the kind a6SSe
be to the benefit of
railway. From
XmiffrsS. ana i'm Mknents fnTng
actual handling Of the railroads, and
all this as rapidly as possible. Ample,
safe. and speedy transportation facili-
ties are even more necessary than
cheap transportation. Therefore. there
is need for the investment of money
which will provide for all these things
while at the same time securing as
far as is possible better wages and
shorter hours for their employees.
Therefore. while there must be Just
and reasonable regulation Of rates,
we should be the first to protest
against any arbitrary and unthinking
movement to cut them down without
the fullest and most careful considera-
ton of all interests concerned and of
the actual needs Of the situation.
Only special body of men acting for
the national government under au-
thority conferred upon it by the con-
gress is competent to pass Judgment
on such a matter.
Those who fear. from any reason.
the extension Of federal activity will
do well to study the history not only
Of the national banking act but of the
pure food law, and notably the meat
inspection law recently enacted. The
pure food law was opposed so violent. |
~ that its passage was delayed for a |
decade; yet it has worked unmixed I
and immediate good. The meat in
spectiOn law was even more violently |
assailed: and the same men who now |
denounce the attitude of the national |
government in seeking to oversee and J
control the workings of interstate
common carriers and business con
Germs. then asserted that we were
"d!screditing and running great
American industry" Two years have
not elapsed, and already It has be.
come evident that the great benefit
the law confers upon the public is ac-
companied by an equal benefit to the
reputable packing establishments.
The latter are better off under the
law than they were without IT, The
benefit to interstate common carriers
and business concerns from the legis-
alton l advocate would be equally
marked
incidentally, in the passage Of the
pure food law the action OF the va.
'ious state food and dairy commits
jioners showed in striking fashion
low much good for the whole people
.esults from the hearty cooperation
II the federal and state officials in Sc.
.uring a given reform It is primarily
o the action Of these state commits
toner's that we owe the enactment Of
his law: for they aroused the people.
Irst TO demand the enactment and en-.
orccmenj Of state laws ON the sub
ect, and then the enactment Of the
ederal laws. without which the state
avs we're largely ineffective. There
must be- fht rToeauf rF.4,r,.,.4fg,r, a., =