The daily banner. (Cambridge, Md.) 1897-2008, 1907-10-04
SCORES PESS|M|STS
President Predicts Prosperity
Despite His Policy.
CONTROL OF CORPORATIONS

Mr.. Roosevelt Believes Federal Super
vision of Corporations Would Be
Beneficial and Prevent Manipulation
q Securities.
New Madrid, Mo-, Oct 4.-President
Roosevelt spent Thursday afternoon
In q leisurely run down the Mississippi
river from Cairo to New Madrid. His
boat the Mississippi, slowed up al
New Madrid, but the delay was brlei.
The presidents boat did not lana
ewing to his desire not to vary MS
program. The run down the river was
devoid of interest for the most part
tho only enlivening incident being a
brief race between the Alton and the
Fred Hartwig, fast Ohio boat, Win 9
delegation from Pittsburg on board
The race was draw.
The president lunched on board the
Colonel Mackenzie with the inland wa
tarWays commission. The low river
banks were at places fringed with PEG
MIA but they were generally too TAI
removed from the boats to permit any
demonstration except the waving Of
handkerchiefs.
The fact that there have been sew
nral efforts by congressman, gov
ernors and others to discuss the tnlro
term question with the president since
the beginning of the tour became
known. but the president has discour
aged all such attempts.
He was told of at least two delega
lions that would be instructed for him
REGARDLESS of his attitude.
In his speech at Cairo the president
sounded an optimistic note. He main
tanned. with much earnestness, thai
government control of corporations
should not upset the country's bust
ness interests. On the contrary, he
said, while supervision is desirable
primarily in the interest OF the pubic,
he believed, honestly, that the cor
porations would be benefited.
The president again referred to the
railroads as offering the most 1mme
date and urgent problem" in this re
~
encient and thoroughgoing control
over the interstate carriers was the
nations first need.
He advocated supervision similar
to that exercised over national banks.
and forcibly declared that it would not
cause a falling off in business pros,
perity. Admitting that 1t would result
In less opportunity for few unscru.
pulous individuals to amass great for
tunes by manipulating securities, he
said there would be ample room for
legitimate profits for the business man
and that the average citizens chances
would be better.
Il do not believe our efforts Will
have anything but beneficial effect
upon the permanent prosperity OF the
country" he declared.
Preparedness was the keynote OF
the presidents argument advocating
q greater navy. He declared peace
with insult" to be the very worst pol
icy possible His idea of the proper at
fitude for the United States to assume
toward other nations, he said, was one
Of courtesy, yet the nation should be
IN Q position to defend its honor.
This nation" he said, 'is now ca
terms of the most cordial good will
With all other nations. Let us make it
. prime object of our policy to pre-
serve these conditions"
He frowned upon any trouble-hunt-
ting policy, but asserted that it was the
country's duty to show that peace was
desired because it was right and just,
and not from motives Of weakness or
timidity.
In the course of his speech he de-
clared that he had no patience with
people who lay all the evils of the day
ct the door of the politicians, because,
he said, the politicians will do what
ever the people make them do, or will
let them do; hence the responsibility
q with the public after all.