Iowa state bystander. [volume] (Des Moines, Iowa) 1894-1916, 1907-05-31
STATUE FOR HERO / D.
LAYTON MEMORIAL UNVEILED
At INDIANAPOLIS.
ROOSEVELT MAKES SPEECH
Urges Valuation Of Roads 40 Com
mission Sees Fit-Ta'ks OF k
Over-capitalixation.

Indianapolis, Ind, May S1.--Me'
mortal day here attracted extraordin-
airy interest from the visit OF Presi.
dent Roosevelt and his address. But
the Lawton monument. the occas'
sion Of his visit, Wed with him IN at
attracting attention. The unwilling
speech was really made by Governor
Hanly, who paid tribute OF un-
usual eloquence to the general slain
In battle with the Filipinos In Deem
Der 1899.
Another feature of the exercise
was the reading Of poem to the
memory, of Lawton by James Whit
comb Riley
The Lawton monument is the re-
suit Of the work of the LaWton
monument commission formed IN
1900, soon after the death of General
Lawton in the Philippines. The
Commercial club and the board OF
trade co-operated in the formation OF
4 commission which raised by popu'
lar subscription $4,000. Daniel Ches'
ter French OF New Work had charge
of the creation of the statute. The
work was done partly by an Ameri'
,an student, Andrew O'Connor.
The monument stands in the court
house grounds, facing southwest
The bronze figure nine feet high,
surrounding stone.
The figure Is erect, clothed in khaki
wi CT dc
bush. Modelled in New York, the
statute was taken to Paris and cast
IN bronze by the cire perdue Cost
wax) method, which has given the
bronze a beautiful tone and surface.
The figure was exhibited In the salon
In 1906 and received the jury's award
Of second medal, granted only once
before to an American sculptor.
indianapolis, Ind, May 31.-No
backward step in railroad regulation,
IS the keynote of President Roose-
velt's address here at the Lawton un.
yelling yesterday afternoon. The
presidents attitude toward the ques-
ton Of the government and the rail-
roads, while not drastically radical,
yet Is plainly and emphatically for
further control.
The president said in part:
"Every federal law dealing with
corporations spr with railroads that
has been put upon the statute books
during the last six years has been a
step in advance in the right direction.
All action taken by the administra-
lion under these and the preexisting
laws has been right and proper.
There can be no swerving from the
course that has thus been mapped out
n the legislation actually enacted
and in the messages in which have
asked for further legislation.
There will be no halt III the for
ward movement toward full de-
velopment Of this policy; and those
who wish us to take a step backward
Or to stand still, if their wishes were
realized, would find that they had in
vited an outbreak Of the vary radi,
calism they fear.
There must be vested in the feder.
al government a full power Of super.
vision and control :DYef.th railways
doing interstate busiA Hs:s:A power In
many respects analogous to and as
complete as th the government
exercises overt sna tlonal banks.
.'It must possess itnA power to exer-
else supervisors oveat. tiie future is.
suance Of. stocks and $ bonds. either
through AZ national incorporation
(Which I sholfd rgS$et)3 .or in some
similar fashion,a supervision to
include the frank yaSifcity Of every
thing which NEUTRALITY-SUSPICIOUS. and
the public at large have right to
know. tt@9.
1T should be- declared contrary to
public policy henceforth to allow
railroads to devote their capital to
anything but the transportation bust.
ness, certainly not to the hazards of
speculation.
"For the very reason that we desire
to favor the honest railroad mana
ger, we should seek to discourage
the activities OF the man whose only
concern with railroads Is to mani.
pulate their stocks.
Railroads should not be prohibited
from acquiring connecting lines, by
acquiring stocks, bonds Tor other Sc.
uAltACS VI SuCu alfHcS, DuI IL Is dl.
ready we'll settled as contrary to pub.
lie policy to alloW, railroads to acquire
control over parallel and competing
lines Of transportation. .,ss
"The movement to regulate rail.
ways by law has come to stay. The
people Of this country have made up
their minds-and wisely made up
their minds-tOS exercise a closer nm,
troll over all kinds of public service
corporations. including railways.
Every honestly managed railway will
gain and not lose by the policy. The.
men more anxious to manipulate
stocks than to make the management
Of their roads efficient and honest are
the only ones who have cause to op,s
pose It," &.
MRS. M'kiNLEY LAID At REST.
Remains Laid Beside Those of Mar.