Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-12-07

becomes lawbreaker In one way UNI
ways, No more. scathing condemnation
contained in s the words "d Of the interstate
commerce commission when. in com
menting upon the fact that the numer-
Violate the law they say: The decision
of the United States supreme court In
the .. Trans Missouri case and the ,e,o Joint
practical effect upon the railway opera
tions of the country. Such assoca tons,
these decisions, and with the same gem
eral effect: In justice to all parties, we
ought probably to add that it is DIFF
ways could be operated with. due re.
gard to the interest of the shipper and
the kind afforded through these associa-
This means thet the law as construed
by the supreme court Is such that the
business of the country can not be con-
Quoted without breaking It,
NO HOSTILITY TO CORPORATIONS
AS have elsewhere said;
''All this is substantially what l have
said over and over again. Surely II
it in no shape or way represents any
hostility to corporations as such. On the
contrary, 1t means a frank recognition
like combinations Of labor. are a natural
result Of modern conditions and of our
national development. AS far as In my
to prevent abuse of power by either and
to favor both so long as they do well.
The aim of the national government is
est corporations, honest business men
Of wealth. as to bring to justice seuo those
ing dishonest methods. Most certainly
there will be no relaxation by the gov.
eminent authorities In the effort to get
to any great railroad wrecker-any man
who by clever swinding devices robs In
vestors, Expresses wage-workers. and
does injustice to the general public 1bn i, But
est Of honest railway operators; OF hon
est corporations and Of those who. when
and bonds, wish to be assured that these s.,
! will represent money honestly expended
for legitimate business purposes. To CON
power for which I ask would be check
upon capitalization and upon the
clever gamblers who benefit won by ean
! an increase in the value. an Increase IN II,
the safety Of the stocks and bonds ,1sn, o. Of
and Wond re n"' il far eesler to
: ket their securities. ] believe In. proper
publicity. There has been complaint to, OF
ried on, but those, who complain should
! put the blame where it belongs-up9n
: the misdeeds which are done n l., DARK taa
e which brought them to light. The ad-
Q ministration is responsible for turning
d on the lsht, nu, h - nS' aaeii 70,
: full power to be given the federal gov.
4 eminent because no single state th car
i powerful corporations engaged in inter
y state commerce, and, while doing then
It full justice exact from them h, IN retur,
y Of railroad activity. the conditions O.
- our immense interstate commerce, arr
&c such as to make the central g GOV
~ alone competent to exercise full super
~ vision and control.
70 HONEST CORPORATIONS WRoNGEI
"a THE grave abuses in individual case
a., OF railroad management In the past rep
IF resent wrongs not merely TO the genera ar1
: ing and honest corporations and men o
~ a. wealth. because they excite a ,popula
e. nature Of the case tends to include il
e. the sweep of its resentment good an
r. bad alike. From the standpoint of tn
81 public I can not too earnestly say tina
n as soon as the natural and proper re
,e sentiment aroused by these abuses be
le comes indiscriminate and unthinking,
ee fair but calculated to defeat the yer
ae ends which, those feeling, it have In view
as PLENTY Se OF sere
is not be the Slightest let-up in the Ell
f?rt to hunt down and nd punish %l Of
d. BUSINESS BUSINESS is Honestly done one In the mai
r. re ural indignation the people, feel over tn
at dishonesty it is all essential that the
~ drawn into an indiscriminate raid upo2
6s xhethsr they do vel Or IL q, o%f
TIC any such wild movement good will ne
come, can not come, and never ha
come. On the contrary, the surest wa
y" of Of either demagogue or visionary in
. sweeping assault upon property. value
d. and upon public confidence, which Won
ia ness world and would produce such di
he trust Of the agtators, that In the rev, revu
~ men who. in sincere and sane fashio
us us are trying to remedy the evils"
'nr SHOULD REPEAL ANTITRUST, La
pea h but It Should be SaG made both
nc, no ual conditions. It should be SO amend'
ON on ton, which, does harm to the gener
~ ~ public. such amendment to be accor
nv panied by, or to be an incident Of
81: 81 eminent over these big concerns e
Of gagged in interstate business; This shou
,ut be accompanied, by provisions for t
Is the subsection of books and papers
o 70 the Inspection, of the government OF
I've made made for such supervisioa by the esta
s snl lishment of the bureau of corporation
be OFTEN WORKS INJUSTICE
u a1 The antitrust law should not prohi1
div Nv combinations ~, that do no injustice tic.
ute the public still less those the exissen
est u the public. But even If this featu
~ d of the law were abolished there wo,
~ remain as an equally Objectionable fe
ern ture the difficulty and delay now
IL cident to it's enforcement The COVER
lon ment must now, submit to irksome a
BON repeated delay before obtaining a fl
~, ~, decision of the courts upon proceedir
pm I'M Instituted and even favorable decl
and may mean an empty, victory. Moreov
1hu to attempt to control these corporate
by law suits means to impose upon be
the department of justice and the cou
ear an impossible burden; it Is not feast
WIS. to carry on more than limited numl
of such suits. Such a law to be rea
has effective must of course be administer
ali by an executive body. and not mer
Gus by means of law suits. The desi
ma should be to prevent the abuses incid
la to the creation Of unhealthy and
res proper combinations, instead of We
,os- ing until they are In existence and II
if attempting to destroy them by civil
'en- criminal proceedings.
oli- o,-ono1rUc ApE nI,TpI,tENrrr
try No1>of CHi'1'' " "
Sc A combination should not be tolera
troll II 1t abuse the power acquired by &C
as binaton to the public detrment No C
ntoti Of If