Coeur d'Alene evening press. (Coeur d'Alene, Idaho) 1907-1929, 1908-04-28

the full purpose 20 protect them IN
all their rights at the same time that
we require them to deal rightfully
with others.
Incorporation Law.
mo judicial tribunal has the
knowledge or the experience to de-
termlne in the frst place whether a
given combination Is advisable or nee
essary in the interest of the public.
Somebody. whether a commission or
a bureau under the department of
commerce and labor, should be given
this power. My belief Is that ulti-
mately we shall have to adopt ma
tional incorporation law, though ] am
we'll aware that this may be impossi-
BILE at present.
Commerce Laws Benefit.
"The interstate commerce legisla-
ton has worked admirably. II has
benefited the public; It has benefited
honestly minded and wisely conduct
ed railroads and in spite OF the fact
that the business of the country has
enormously increased the value OF
this federal legislation has been
shown by the way In which It has en-
abled the federal government to cor
rect the most pronounced Of the great
and varied abuses which existed In
the business world 20 years ago
while the many abuses that still re-
main emphasize the need OF further
aud more thorough-going legislation.
Similarly the bureau of corpora
lions has amply justified It's creation.
In other words, It Is clear that the
principles employed to remedy the
great evils In the business world have
worked well. and they can now be
employed 70. correct evils that further
commercial growth has brought more
prominently to the surface.
Dual Control Impossible.
''The decisIons OF the supreme
court In the Minnesota and North
Carolina cases illustrate how impos-
aIble IL a dual control Of national
commerce. The state can not con-
troll II. All they can do Ia TO control
state commerce, and this Ia but a
small fraction OF the business carried
through each state. Actual expert
enee has shown that the effort at
state control IL sure to be nullifed
In one way or another, sooner or
later.
1.-THE nation alone can act with eff
fectiveneas and wisdom; II should
have the control both OF the business
and OF the agent by which the bust
ness IL done for any attempt to sep
arate the control must result In great
absuFdity, This means we must rely
upon national legislation 10 prevent
the abuses that now exist unless some
efficient control has been adopted
At present the failure OF congress t
utilize and exercise the great powers
conferred upon Il as regards inter
state commerce, leaves this commerce.
70 be regulated. not by the state. mol
yet by congress. but by the occaainoa
and necessarily inadequate and one
sided action Of the federal Judiciary
Reign of Trusts.
THE measures ! advocate are II
the interest OF both decent corpora
tlons and law-abldlng laborers o
unions. They are. moreover. pre-
eminently In the interest OF the pub
lie. for. IN my judgment, the Amerl
can public has definitely made up Il
mind that the days OF the reign o
the great law-defying and law-evad
Ing corporations are over aud tina
from this time ON the mighty organl
cations o. capital necessary for trans
action OF business under modern con
ditiona. white encouraged 80 long a
they act honestly and In the interes
Of the public, are to be- subjected /
careful supervision aud regulation q
kind so effective as to insure thel
acting In the interest OF the peopl
as a whole.
Allegations are often made to III
effect that there Ii no real need 10
these laws looking 10 the more eifes
tive control OF the corporations upo
the ground that they will do thel
work well without such control
call your attention to a report jui
submitted by Nathan Mathews. ehai
man OF the finance committee. 10 n
mayor and city council Of Boston, r.
lating TO certain evil practices OF &c
tain corporations which have bee
bidders for furnishing 10 the city ire
and steel.
This report shows that there ha'
been extensive combinations forms
among the various corporations whl'
have business with the city OF no