New-York tribune., 1908-02-02

found: but that did matter.
REGULATIONS SHOULD BE SANE"
Vested rights and impossbilities must not be
allowed to stand in the of the rate bill or any,
o h YOU'D 90 respond TO puSe
elamor The fact that this clause goes into eflees
from carrying in interstate commerce any commod-
ity Of their own production, except lumber unless
and imprisonment, now stands continuing men
nEe not 0o5 Hny 20 o ser S W serousy
der restoration Of confidence and prosperity until
the first day OF next May this clause shall
not have been repealed. modified or in some manner M
Sad results that win follow Knowledge Of this
condto5s hsa snd it is now petariihg recover To
remedy this trouble will help in an important way
Some things can be done that will help without
any legislation The separation by our sn,,,ive
ntended that the judiciary should be separate and
independent 1t was intended that the legislature
should be separate and Independent IL was IN m
independent. 1t is accordingly provided that each
department shall have its own duties. & ano a1 ina
neither shall interfere with the other except 0niS
Finally. # would be most fortunate II padlocs
them high and low. big and little, well intentioned
sandernr sG er the American people They never
deserved It They were never more wortny ,,er OF
higher ideals and moral standards among the busl-
Of the nation and there were never oet,
transaction of business. In this we should not
only d hope and Inspiration but also & +arT command and
that all men dishonest, but that with the eA-
as 70 even AZ the few who NAV not be upright they
entitled TO the presumption that they are @ ana
dernned
The discussion Of party politics should t.. not be
without r1propriety express the beIet ina, II rt II
~ President viii be content and proud. as any man
might well be. to execute plain simple old,fash
prosperity will not only come again, but pern1a-
nentiy abide with US.
Mr. HARMoN's SPEECH.
MI Harmon discussed the desirability of
strengthening the American merchant marine
and spoke in glowing terms Of Ohio's great in
dustries He said:
of Law has had 10 be extended especially with
sneC+ m cornorations which are creatures OF the
state public franchises which are granted pTi1nar-
lily for the good of the community at large; and
means and methods which are beyond private
AS 10 the last. cannot discuss my sure and
simple remedy without violating the proprieties OF
n i @ very natre # hua auhorty that once
it takes hold il keeps increasing its grasp, unless
enterprise the only productive force there is or
be. So must see to it that though their powers
tended. the judge end the policeman still stand as
the chief embodiment Of government IN Its relations
Enlarged regulation is a condition which
every must recognize as necessary. but public
interference cannot safely be pushed beyond the
bounds of wholesome regulation and encroach on
prises which. Notwithstanding certain public rela-
tons are essentially private IN capital conduct
Take the railroads; they have PLAYED the chief
part in the development Of the country They
nave reached out in every direction, all over the
land 70 meet its needs often in advance Of them,
bT private ate enterprise which employs in the rail-
adS nT
Abuses have grown UP which have called for
laws such rebates, discrinlinations in
service insufficient protection OF employees and pas
Others viii require attention from time TO time
have always believed that. with such things FOR
bidden and officials Kept out or tne Lenlpl4uohs M %
stock dealing and interest in products IoT car
trusted for good and fair rates, certainly
with the aid of corrective tribunals
I am mere observer During the last tws>years by
virtue Of an unsought judicial appointment l h4vs
that. while regulation may be beneficial the man
private public. An attempt TO mix the two will
result in harm TO both the public and the rail
and do not think the public wish either.
demand broader commerce She wishes to see an
American merchant feet sailing again on every
waters war vessels and pleasure craft alone.
Nr Harmon aroused some laughter by saying
that in his three years the bench with Sena-
tor Foraker he had been unsuccessful in trying
TO induce the latter to change his politics.
ARCHBOLD Defends ROCKEFELLER.
John D. Archbold, vice-rresident of the Stand
ard Oil Company, of several who spoke
informally, but the various subjects that he dis
cusSed aroused considerable interest. He re-
ferred to John D. Rockefeller as one of the
greatest benefactors Of the day, presented the
names Of both Secretary Taft and Senator For
81
cised the state laws regulating commerce, say
ing they would be a disgrace to the statute
books Of Abyssinia- Mr., Archbod said:
] greatly appreciate the compliment shown me in
the request that say d word tonight. ! would
not dare attempt It il did not know that l am
be charitable towaTd my hating tongue, for having
= somewhat strenuous effort TO restrain trade and
commerce in petroleum and its products through
ana in foreign countries, I have had little time
opportunity fer culuvating the art OF public
I beg on behalf OF my friend and almost lifelong
business associate Nj John D. Rockefeller, TO ex-
press his great regret over his inability to be
with US. He appreciated very highly the invita-;
was only prevented from being so by uncomfortable
o "a S ,ow ha nnen ors than an he ' and this
is particularly true III regard TO the people OF
closely Identified in a business and personal waJ:
/ may be pardoned for a personal expression 9 "a. OF
p5ssionately it viii be written OF him that he was
not Of the greatest business gefliuses, pul
one Of the greatest philanthrOpists of his day.
The business of the standard OiI CoLhpahg' 70
which he has given his life and with which | am
,1roud 10 be connected has been and Is one or our
country's most valuable business organizations IL
has Leen a blessing. not a hane, TO the country.
-rhe Write- or speaker who attributes its success
-, raiIroad rebates or unfair business methods does
81 aitber through malice ignorance II gives
steady and remuneratve employ I!ent 70 aboui 90.
6e6 men has between 5000 and 5000 shareholders
sd furnishes TO the world Of the PRIME neces-
sitiss of life at minimum cost No business organ
izstion on earth been unfairly, so malicious
" criucised but when its true history ls written
- vii be shown that it has followed throughout IN