New-York tribune., 1908-09-14
BRYAN NOT HEIR
Continued from first page.

decency and fair dealing which I have waged in
which I have not had his heartiest and most
effective sympathy and support. and the pollcles
for which l stand are MS policies as much as
mine
II is not possible in the space Of this letter to
discuss all the many and infinitely varied queS-
tions OF moment with which MI Tart as Fresl-
dent would have TO deal, let MN De Juu6tu ~
what he has himself done, and by what the ad-
m!nistration in which he has played so con-
spcuous part has done But TO illustrate just
what his attitude is, let me touch on two mat
prominent in the public mind
Mr. Taft can be trusted 10 exact justice from
the railroads for the very reason that ne can
be trusted do justice to the ralIroadS- Inc
railroads are the chief instruments of inter
state commerce in the country and they can
neither he held TO proper accouhtaoliltF on
the one hand nor given proper protection on the
other save by the affirmative action or the Ieu-
eraI government The law as laid down by the
federal courts clearly shows that the std'ts IS
have not and cannot devise laws adequate 20
meet the problems caused by the great growth
of the railroads doing an interstate commerce
business for more than four-ffths Of the busl-
ness OF the railroads is interstate. and under the
Constitution of the United States only the fed
eral government can exercise controI there-
over 1t is absolutely necessary that TINS con-
troll should be affirmative and thoroughgolng.
All interstate business carried on by the great
corporations shoGd in the interest or the WhoIe
people be far more closely supervised than al
present by the national government; put thls :
especially true of the railroads, Whlcn CANNOT
e1ie+ az all save by the exercise of powers
granted them on behalf Of the people, and which
therefore, should he held to peculiar account
ability the people 1t Is in the interest OF tne
people that they should not be permitted TO do
Injustice; and II is less TO the interest OF tne
people that they should not suHer HhJustlCe'
Their prime purpose is to carry the coliliiIpuI- %
ties OF the farmers and the business men, tliey
could not be built save for the money con-
tributed TO them by their shareholders: they
could not be run at ali save for the money pau P1
ont in wages to the railroad employees; ahu'
finally they could not be run Judlcious!y' OF
prohtablv to any one were II not Tor the EN-
ployment by them OF some masterlul euiulIs Ioii III
telligence whether of one man or OF group
Of men There are. therefore. several sets or IN
terests to be considered Each must receive
proper consideration. and when any one OF thelu
seIfshlv demands exclusive consideration the
demand must be refused. Along certain lines
all of these groups have the same INTERESTS
II ia TO the interest OF shipper, FARMER
uege worker. business man, honest shareholder'
and honest manager alike that there should De
economy. honesty. intellgence ana lalI uea tanl
watering would be benefit to everybody except
the swnders who profit by stock watering; IL
would benefit the honest shareholder because
honest Investments would not be brought into
competition with mere paper: IT would dement,
the wage worker because when the money
earned does not have to go 10 paying interest," on
uatered capital more of II is left, out OF Wh.-h
10 nav wages Ii would benefit the shipper pc
cause when only honest stockholders nave 10 pc 9e
Maid interest, need not De Improperly
raised: il would benefit the public because there
would be ample money with which 10 give EN-
cient service Similarly. the prevention OF Ia
,,or;ttcrn among shippers does no damage TO any
ono who is honest and confers great good upon
the smaller business man and the farmer, whom
n relieves Of oppression. Again. Such super
vision Of accounts and management as VIII pre-
vent crookedness and oppression works good
directly or indirectly, to all honest people.
Therefore everything that can De gone dloIls
all these lines should be done ana no man ;
ieqitinate interest would thereby he hurt But
after this point has been reached great care
ai 49, he exercised not to work injustice to one
80 in the effort to show favor to another class,
ond each class naturally tends TO remember only
;te ov.D needs The stockholders must receive
- annie return on their investments, or the
i,roods cannot be built and successfully main =
tained. and the rates to shippers and the wages
~ employees, from the highest 10 the Iowest'
nttar hand. In a public service corporation we
I've no right to allow such excessive prohts
as @ W. M ,,ndulv low Again. while in all proper
w,aSs waS rates must be kept low, we must always
nmernber that have no right and no Justl-
hcatlon 10 reduce them When the result 10 'ne