Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1907-08-20
PRESIDENT GIVES VIEWS ON SUBJECT
IN FORCEFDL ADDRESS
Participates in Laying of Cornerstone
of Pilgrim Memorial Monument
at Princetown Mass.

IIONluCCtOWu, Mdoo', Aub' Gv'
President Roosevelt was today the
chief figure here at the laying OF the
corner stone of the Pilgrim Memorial
Monument and delivered the address
Of the occasion. The President ar
rived from Oyster Bay on special
train, the trip being made without in
cident He was greeted by large
crowd and was given most cordial
welcome.
In the course of his address the
President took occasion to again ex-
plain his views on the railroad and
trust questions and the proper con-
troll of corporate wealth. He said:
1T is not too much to say that the
event commemorated by the monu-
ment which we have come here to
dedicate was one of those rare events
which can in good faith be called OF
world Importance. The coming hither
of the Puritan three centuries ago
shaped the destinies of this continent
and therefore profoundly affected the
destiny of the whole world. Men of
other races, the Frenchman and the
Spaniard, the Dutchman, the German.
the Scotchman and the Swede, made
settlements within what is now the
United States, during the colonial per.
iod of our history and before the Dec
laration of Independence; and since
then there has been an over-swelling
immigration from ireland and from
the mainland OF Europe; hut it was
the Engllshman who settled in Vir-
ginia and the Englishman who set.
tied in Massachusetts who did mott
in shaping the lines Of our national
development"
The President gradually led his re-
marks up to those matters of para.
mount Importance which confront the
national government today. He went
deeply into the question of national
sovereignty and states rights, and
said:
THE utterly changed conditions OF
our national life necessitate changes
in certain of our laws, of our govern
| mental methods. Our federal system
of government is based upon the the
ory of leaving to each community, to
each State, the control over those
things which affect only it's own mem
bers and which the people Of the To-
cality themselves can best grapple
with, while providing for national reg,
| ulation in those matters which neces-
sarily affect the nation as a whole. 1t
seems to me that such questions as
national sovereignty and states rights
need to be treated not empirically or
accidentally, but from the standpoint
oI the interests of the people as a
whole. National sovereignty is to be
upheld in so far as 1t means the SOW.
ereignty of the people used for the
real and 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 in deal
ing with the relations of the people IS
a whole to the great corporations
which are the distinguishing feature
of modern business conditions.
Control Of Corporate Wealth and the
Railroads.
| Experience has shown that it is
necessary to exercise far more ef.
ficient control than at present over
the business use of those vast for
tunes, chiefly corporate, which are
used (as under modern conditions
they almost invariably are) in inter.
state business. When the Constitution
was created none of the conditions OF
modern business existed. They are
wholly new and we must create new
agencies to deal effectively with them
There is no objection in the minds OF
this people to any mans earning any
amount of money If he does it hon.
estly and fairly, If he gets 1t as the
result Of special skill and enterprise,
as a reward of ample service actually
rendered. But there Is growing de-
termination that no man shall amass
a great fortune by special privilege
by chicanery and wrong doing 50 fal
as it is In the power Of legislation to
prevent; and that the fortune when
amassed shall not have business use
that Is antisocial. Most large corpora
tions do business that Is not confined
to any one state. Experience has
shown that the effort to control these
corporations by more state action can
not produce wholesome results. In
most cases such effort fails to correct