Daily press. [volume] (Newport News, Va.) 1896-current, 1907-08-21
our AGAINST RIGHTS OF STATES
Makes the Most Emphatic Dcclara-
ton He Has Yet Made on This Sub
ject-says Predatory Wealth is Ma
nipuIatine Stocks in His Province.
town speech--Raps the Trust Mag
mates Hard.
Cny AssocInted Presa.l

(By Associated Press.)
PROVINCErOWN. MASS. Aug. 90
The laying OF the cornerstone OF
the Cape Cod Pilgrims Memorial
monument here today gave President
Roosevelt I'M opportunity To make
forty minute speech which he deliv-
cred from Il platform on top of Town
Hill and IL was one of vigor and d.
RICHNESS upon matters of national I'M
portancc. The feature of his address
was his advocacy of national incor
poratIon law and his stand in relation
To violators OF the law especially cor
porations. With emphasis he declared
tnat The administration would not
wavor in its determination ito punish
certain malcfactors of great wealth"
Continuing. he said: There will
be no change in the policy we have
steadily pursued; no let up in the
effort to secure the honest observance
Of the law, for | regard tnis contest
ms one to determine who shall rule
this govcrnment-the people through
their governmental representatives or
n few ruthless ana determined men
whose wealth makes them particularly
formidable because they hide behind
the breastworks of corporate organ
iZatlons.'
The President declared that the gov
eminent would undertake no action
of indicative nature and above all
no action which would inflict or I'M
merit suffering upon innocent stock
holders and upon the public ms
whole. He said that the governments
policy in its ultimate analysis meant
"A healthy and prosperous transpor-
tation of the business activity OF hon
est business men and honest corpora
tons"
AT one point President Roosevelt
departed for moment from his adj
dress as originally prepared to re-
I mark: All that | have said as to
desirable and undesirable citizens re-
mains true"
Ten thousand persons were crowd
ed into the little town and at least
one third of them heard the Presi-
7 dents remarks.
At the conclusion of the program
President Roosevelt was driven TO the
wharf where he boarded the May
flower, which sailed at four o'clock
on the return TO Oyster Bay.
Some of the Presidents Speech
After dwelling on the character OF
the Puritan and how it is still felt
In National life. President Roosevelt
said in part:
The utterly changed conditions of
Our national life necessitatc changes
i'm certain of our laws, of our govern
mental methods. Our federal system
of government is based upon the
theory OF leaving TO each community.
to each State. the control over those
things which affect only its own mem
hcrs and which the people of the To-
cality themselves can best grapple
: with. while providing for national reg
lilation in those matters which neces-
sarily affect the nation as q whole
1t seems to me that such questions
as national sovereignty and states
rights need to be treated not empiri
cally or ACCIDENTALLY. but from the
standpoint of the interests of the peo-
pie rs whole. National sovereignty
is to be upheld in so far rs ii means
the sovereignty of the people used
for the real ana ultimate good of the
people; and states rights are to be
upheld in so far as they mean the
peoples rights. Especially is this
true i'm dealing with the relations OF
the people as whole TO the great cor
porations which are the distinguishing
feature of modern business condi-
tions ,.75-Is.Ns
Experience has shown that it is
necessary to exercise a far more eff
cicnt control than at present over the
business use OF those vast fortunes,
chiefly corporate, which are used las
under modern condition they almost
invariably are) in Interstate business.
When the Constitution was created
none of the conditions OF modern bust
ness existed. They are wholly new
and we must create new agencies to
deal effectively with them. There is
no objection in the minds of the
people to any mans earning any
amount of money if he does it hon
estly and fairly. IL he gets 1t as the
result Of special skill and enterprise,