Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-12-31

power Of the central government
that would be dangerous. It would
be a Tong step away from h indi-
Vidualism which is necessary TO re-
tain In order to make real progress.
But no cou6 defend a railway
system In which tn unlawful discri-
nations by secret rebates and other
Wise were practically without limit in
Inc interest OF the TRUSTS aud against
the ordinary shippers. These abuses
can only be reached and ended by
closely regulating the railways and
putting them under the tribunal
which can insist upon publicity of
business n in eases OF complaint
can direct tha.seNaci remedy for the
wrong.
"lf the abuses of monopoly and
denomination cannot be restrained.
J the concentration of power made
possible by such abuses continues and
N case II Is made manifest that under
The system of fndfvidnalism aud pri-
Nate property tho tyranny and opDres-
sion Of an ollgarchy Of wealth cannot
be avoided. then socialism win tri-
umph and the institution Of private
property viii perish.
The administrator has beer thus
Iaf successful In showing that dan
gers from lndividualisuil can he ef-
iectiVeIy regulated, and that abuses i'm
ne exercise Of private property can
De restrained. Thus a great cOnser-
Natlye victory has been won and the
coming Of socialism has been stayed
The question which you have III
timately to meet is not whether we
sIlaIl return to q condition of un-
regulated railways and uurcgulstcd
trusts. but It is whether We shall
maintain q strict system OF regulation
or railways and trusts or whether we
shall turn the country over 10 the ad-
COATES OF government ownership and
state socialism. Any one Who seeks
d f~etrograde step from the policies Of
me administration on the theory that
II would be a real step toward couser-'
Natlsm Is blind To- every political sign4
% the times.
II n attempts to fix the center o.
Inc conservatism of the 0untrY he &
likely to fix II IN New England. ri
he Is seeking the community Wheic
appeals 20 righteousness and iusti'e
ava zen a response he will find 1t in
New England. Hence IL il that ! have
venturel az this Time and under he
circuHistances | have decided to lis
the political aspects of this mniCl,
and 10 appeal 10 yOu whether dmo-
Gratis or republicans. not 10 ALLOW an
acute condition involving pecmiarv
ana mental strain, serious as il
Is 70 lead YOU from 4 broad. impair
lal, Just and patriotic view Il the
situation. /,
In this widespread catastrophe
the deepest sympathy with the |,
great body Of business men ami wage I
who know are honca ana !
know that they have To hear the !
'runt of IL. and | feel the greatest \
nlicitude and anxiety for their re- I
oVery. {
But | urge them not to allow their I
esentment at conditions to be made
weapon against the public veal I
Congressman Shcrloy Of Kentucky {
nd Senator Johnston of Alabama. (
lso spoke. The only reference made Z
% the presidency direct or indirect by !
.ecretary Taft during the dar was at 4
Elysium club. whore after the
uests had been invited to shaks hands 8
nth the next president of the United :
tates, Secretary Taft responded:
1T is a great delight for me to =
hands under that condition d
ut | wan you 10 understand that 3
here is no guarantee to This con- q
'act." Z