Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1907-05-31

f CORPORATIONS
be assured that these will represent
money honestly expended, orsqlegiti-
mate business purposes. To confer
upon the National Government the
power for which Task would be. q
check upon overcapitalization and up
on the clever gamblers, who benefit
by decentralization. But it alone
would mean an increase in the value,
an increase in the safety Of the
stocks and bonds of law-abiding, hon
estly managed railroads, and would
render. it far easier to market their
securities. # Tsss
Is / believe in proper publicity. |:
: There has been complaint Of some {:
D: Of the Investigations recently :
carried on, but those who com !:
i: plain should put the blame /.
): where it belongs upon the mis- !:
B: deeds which are done in dark !:
!: ness, and not upon the investiga- I:
tions which brought them to /:
light. s...5.. !:
The Administration is responsible
for turning on the light, but it is moi
responsible for4what the light showed
| ask for full power to be given the
Federal Government, because nc
single State can by legislation effect
ually cope with these powerful cor
porations engaged in interstate com
merce, ant, while doing. them full
justice, exact from them in return
full justice to others. The condi
lions of railroad activity, the condi
tions of our immense: intertates com
merce, are such as to make theacen
trial government alone competent 'te
exercise full supervision and control
q: There will not be the slightest ];
d: let,up in the effort to hunt down .
Il: and punish every dishonest man. I
Z: But the bulk Of our business is !:
+: honestly done. In the natural in /:
L: dignation the people feel over the, !;
!: dishonesty, it is all-essential that ];
4: they should not lose their. heads
!: and get drawn into an indiscrimi- !:
: nate raid upon all corporations,
!: all people Of wealth, whether they
do well or Ill. 5s.5 q N
Out Of any such wild movement
good will not come, can not come
and never has come. On the con
trary, the surest way to invite reac
ton lis to follow the lead of eithe,
demagogue or visionary In asweepinf
assault upon property values and up
on public confidence, which wo,ilt
work incalculable damage IN the bust
ness world, and would produce such
distrust of the agftators that in thu
revulsion the distrust would extend t.
honest men who, in sincere and sane
fashion. are trying to remedy The
evils sss
Better Facilities More Important
Than Cheaper Rates.
The great need of the hour, from
the standpoint of the general public
of the producer, consumer, and
shipper alike is the need for better
transportation facilities, for additionaI
tracks, additional terminals, and Inn
provements in the actual handling d
the railroads; and all this with thu
least possible delay.
49,,
Il: Ample, safe, and rapid trans ]:
| |: portation facilities are even more
!. necessary than cheap sransporta- 3:
. ton. ~ II 4:
ss.ss 49,. N. =.
The prime need Is for the invest
ment Of money which viii provide
better terminal facil ties, additional
tracks. and a greater number OF car
and locomotives, while at the same
time securing, II possible, bette
wages and shorter hours for the en-
Iployees. There must be just and rea
sonable regulation OF rates, but an,
arbitrary and unthinking movement
to cut them down may be eqnivalenI
to putting 8 complete stop TO TIL
EFFORT to provide better transportation
Rebate system Wrong. 81
There can be no question az to til.
desirability Of doing away with Re
80