The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1907-06-06

prevent building more. But Iowa pro-
ceeded with thet task and it resulted, not In
ruin and stagnation, but in Increased safe
.ty and profit to the honest investor. In
stead of putting yoads into the hands Of
receivers, 1t was followed by a prosperity
that rescued many Of them from receiver
ships.
To give another illustration from Iowa's
experience, when the national banking
law was amended to allow small banks to
take out national charters, great numbers
of the state banks Of that state were re-
organized into national institutions. The
INVESTING public was ready to back with
which the federal government had set the
seal OF it's confidence and approval.
an this, my friends, is Substantially
Surely, 1t ought not to be necessary to
say that 1t In no shape or way represents
any hostility to corporations as such. On
Of the fact that combinations of capital,
like combinations of labor, are a natural
result OF modern conditions and of our
national development. AS far as in my
ability lies my endeavor is and will he
to prevent abuse Of power by either and
to favor both SO long as they do well.
Blame Where 1t Belongs.
There has been complaint ,ofssome of the
those who complain should put the blame
where 1t belongs-upon the misdeeds which
are done In darkness, and not upon the in
~vestigations which brought them to light.
The administration is responsible for turn
ing on the light, but it is not responsible
for what the light showed.
ask for fun power to be given the fed
can by legislation. effectually cope with
these powerful corporations engaged in
interstate commerce.. and, while doing
them full justice, exact from them in re-,
turn full justice to others.
h conditions of railroad activity. the
conditions of our immense interstate com
merce, are such as to make the central
government alone competent TO exercise
full supervision and control.
The grave abuses in individual cases Of
railroad Management in the past repre-
sent wrongs not merely to the general
public, but, above all, wrongs to fair-deaI-
wealth. because they excite a popular ang-
er and distrust which from the very ma
lure OF the case tends to include in the
alike. From the standpoint of the public
l can not too earnestly say that as soon
as the natural and proper resentment
criminate and u~nthinking. it also becomes
not merely unwise and unfair, but calcu-
lated to defeat the very ends which those
feeiiag 1t have in view.
Mo Let-Up in the Hunt.
There has been plenty of dishonest work
by CORPORATIONS in the past. There will not
be the slightest let-up in the effort to hunt
down and punish every dishonest man.
But the bulk of our business is honestly
done. In the natural Indignation the peo-
pie feel over the dishonesty, it is all-essen-
tal that they should not lose their heads
and get drawn into an ind~iscriminate raid
upon all corporations, all people OF wealth,
whether thsy do well or i'll. Out of any
Sucil wild movement good will not come.
cannot come, and never has come. On the
contrary, the SureSt way to invite reaction
Is to follow the lead of either d~ernagogue
or visionary in a sweeping assault upon
property values and upon public conf
dence, Which would work incaiculable
damage in the business world, and would
produce such distrust of the agitators that
in the revulsion the distrust would extend
TO honest men who, in sincere and sane
fashion, are trying to remedy the evils.
There can be no question as to the de-
STABILITY of doing away with rebates or
any method of faVoring one shipper at
the expense of a competitor, and direct
dealing with the rates is sometimes the
My method by which this fayoritism can
be avoided; but where fayoritism is not
alleged, and when the question is markedly
one OF getting d lower rate, 1t must be
remembered that it is often possible that
those demanding IL may be d.a1nctricaliy
opposed IN interest to those who demand
d better, safer, and more rapid transportA-
ton service, and higher wages and shorter
hours for employees. If the demand for
more taxes. for higher wages, for shorter
hours Tor employees. and for lower rates
come so excessive as to prevens am
pie ana speedy transportation, and TO eat
up the legitimate profits II popular anc
legislative movements take a shape so
ili-dlrected as not only to threaten honest
investment and honest enterprises, but
also to prevent any effort for the better