The Globe-republican., 1908-05-14

IT policy Of the Roosevelt administration.
0 And the American business man
Vt the future, with his car goes OF America
Q goods made in American mills by Amer
= can workmen, as he floats those carpot
r on Their way to the markets of the Orier
: through the great canal that il destipe
to forever unite the waters OF the tw
e greatest oceans on the globe. will not for
8 get that 1t was the quick. decisive actio
g OF man who did things that ended tn
/, procrastinatlDg efforts of more than fit
K. years and brought about the speedy rea
lization of the dream of centuries. CAD
: plause)
Those of our people who have re
moved from homes in the East or mid
dle west to the great treelcss plains o
the eastern slope of the Cordileras, ant
who have settled upon great wide ex
panse of the prairie and whose eyes hay,
hungered for the sight of tree; those
who have watched the growth of tht
cottonwood, the pioneer tree of the west
from cutting or seed and tenderly carec
for It because of tree hunger. know the
value OF tree as no other people can
and the inhabitants of those REGIONS
where the government is now growing
forests where they were never dreamed
OF, will join in the future with the in.
habitants of other sections where the
hand of the ruthless destroyer wac
checked in the destruction of their nat
urSl forests, in praising the policy of this
administration in the conservation of our
forests,
In the great meetings of the representa-.
tlves of the nations Of the world 10 devise
means and to form agreements to hasten
the time when the disputes arising be.
tween nations shall be settled by appeals
to judicial tribunals instead of the
sword, and whenever and wherever men
meet and plan for the establishment of
universal peace the part that the presi-
dent OF the United States in bringing
about peace between the two great ma
tions VINO were engaged In the Orient in
one Of the most gigantic struggles of
modern times, will act as an inspiration
aud serve IS an example that Will re-
dound to the incalculable benefit of hu.
mdnity and the advancement of ciyiliza-
ton.
But few years ago the door of oppor-
lunity WAS closed to practically every man
who woald start factory or establish
new business to produce or trade In the
things consumed By the American people
unless be was man of large means, for
his wealthy and old established competi.
tor, by means of the railroad rebate,
could undersell him in every market he
entered, and bankruptcy and ruin were
inevitable.
The day of the railroad rebate Is
ended, and if this administration had no
other mark to its credit but that, for all
the years of its existence, that one alone
would entitle 1t to the esteem and graft.
tude of the American people.
The abolishlug of railroad rebates,
h wever, was but an incident In the |
great epoch making policy of this ad-
lninistration-,he governmental regula-
aton and control Of the great corpora
tions engaged in interstate commerce.
All men recognize the great change
hat has occurred 10 economic conditions
n this country IN the last thirty years.
The age of combination has come in the
Industries. The competitive system may
lot be entirely thing of the past In ev-
but in some it seems almost
'nded. The day of the short line rail.
Dad, even of the small system, is thing
II the past. A few men control the
,reat transportation lines Of the country a
these railroads are the Highways Of the 1
ation over which the products of the q
arm and shop must move to the marx. q
Is and over which The people must pass G
the transactions of the affairs of life. Is
he human mind can not conceive of | a
reater power than that of the control of | j
30 principal highways OF the greatest Il
Ountry on this earth. III
The tendency to abuse unrestricted | Il
over Is universal. 1t will not do to La
thrust few men with unrestricted con.
ol over the transportation agencies OF a 7,
alton or the manufacture or production =,
any OF the necessities Of life The h
'nditions ex'ant here make govern M
entail regulation and control of inter- m
ate corporations in some degree i'm Q,
'rative and that era In our national "a
70 has ID fact been inangurated during In
10 Administration by its responsible b,
lad. J,
And, Mr. Chairman, |, Is no longer q