The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1908-12-11
RoOSEvELT'S FINAL
ADDRESS TOCoNGRESS
President: Message Reiterates
Need Of Reforms He Has
Previously Advocated.
URGENT APPEAL TO PEOPLE

URGENT APPEAL TO PEOPLE
An Effort Will BE Made 60 Get Labor
and Capital Together for the
sake Of the Public
Welfare.
Washington. ID. c.. Special: Pre.i-
dent Roosevelt's final message to con
9ress. advocating strongly the enaction
OF the reforms to which his admins
tration has been devoted, was read in
both houses today. The message IN
part, follows:
sentatives: The financial standing Of the
nation at the present time Is excellent.
and the financial management of che ma
the last seven years has how the most
satisfactory results. But our currency
system Is imperfect, and 1t is earnestly
sion will be able to propose q thoroughly
FOOD system which will do away with
rs nu ehl,sIlnS me- def .sYs. v.... 40, t,r..
nssrly = hundred millions of receipts
interest bearing debt by ninety millions.
u spite of the extraordinary expense OF
INC ranama capal. and a saving Of near
- VII lll6 hI1IAudl lHlcIG8L
charge This IL an exceedingly satisfac-
sory showing., especially in view OF the
i has naxer during pn.ng this period the nation
expenditure that It regarded as neces-
sary: There have been no new taxes and
Tome taxes have been taken off; there
mas oeens q reduction of taxation.
Corporations.
A. regards the great corporations en-
in interstate business. and espe-
what i have already again and again
ssid In my messages to the congress. I
s oea'eTe that under the interstate clause
NJ complete n paramount right TO
control all agencies Of Interstate com.
mere ac and 4 believe that the national
g SECURE Justice from, n @ do Justice
most Important factors in modern bust
ness I believe that It is worse than folly
g attempt to prohibit all combinations
law, because such q law can be enforced
Only inlperfectly. and %unequally, and Its
enforcement works almost as much hard
insread e y unwise effort to prohibit
AZ combine ions. there shall be sub
NIT combine tons which are il the inter-
esf OF the public. but shall at the same
tine rive to some agency OF the national
:apslsi.ion over them. one sn e an the chez sna
3eatureaso Of thi. control should be secur-
shs enSlle R Ras s Tyrh II al mat mas,er .nS Which rich
Shermore. h power. not by judicial but
by executive %sction, to prevent or put 4
stop to every form Of improper favoritis1n
~ other wrongdoing.
The Railroads.
the always Of the country should be
~ completely under the Interstate COM
& Somsin so 81 the .ns,. sna Fe laS' rf from nth. the
u the commission should be made thor
on9hgoinE. no that It could exercise com
Rl:sss y sssa1isie. .n Is vent ssafrs 9. over over r., Re
.;s q ~. ss.s power :ho sSdA' Se
railways has been one of the most val
S SsS1s t ae. m : co IN 5 Fsesn1 , .aa al t'S on
agreements should DO explicitly conferred
upon the railroads, the permission Of the
somsination or ri asree enss k seins p shH sed
"a Al its details. In the interest Of the
p sSaa,ia the re lpnma,at q the public
the railroads do their duty by the public.
e sho,,, - a. 2 matter Of course this power
The shareholders. the employees and the
shippers all have interests that must be
them that no swindling stock specula-
ton should be allowed. and that there
should be no improper issuance of Sc
The guiding. intelligences necessary for
management OF railroads should receive
ample remuneration: but no man should
0e allowed to make money in connection
with railroads out OF fraudulent over
capitalization n kindred stock gambling
performances; there must be no defraud-
ing OF investors. oppression of the farm
ero n business men who ship freight.
or callous disregard OF the rights and
needs OF the employees. In addition to
this. the interestsL of the Shareholder. Of
the employees, and of the shippers should
Al be guarded as against one another.
To Civ any one of them undue and i'm
proper. consideration IL to do injustice to
u the others.
Rates must be made as low as Is COM
Istibls :, giving proper returns to all
the employees Of the railroad. from the
to the .shareholders: but they must not,
Tor instance. be reduced in such fashion
as1tos necessitate a cut in the wages OF
the employees or the abolition Of the
shareholders.
9 Telegraph and telephone companies en-
gagged in interstate business should be
put under the Jurisdiction OF the Inter-
state commission.
APPEAL TO PEOPLE. s