Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1908-02-08
MESSAGE IS NAR|
President Flags Corporation
That Defy Laws,
DENIES He CAUSED PAN
Attacks Of Great Concerns on His
ministration Are Vigorously
peIed--Employers' Liability
Abuses of injunction Discussed.

Washington message dealt
principally with the control OF gre
corporations. transmitted to enngre
on Friday, the president flaws what
terms the law defying trusts" in
uncertain terms.
In the opening paragraphs Of the me
sage he urges the immediate reenac
ment Of the employers liability la
and for such legislation as will remet
the abuses Of the injunction. lie tn
turns his attention to stock j0bbi
and other forms Of high finance a.
says
Il do not know whether it is poss
bile, but If possible it is certainly q
sirable, that in connection with mea
ures to restrain stock watering al
overcap apitalization there should \
measures taken to prevent at lea
the grosser forms of gambling in 8
curities and commodities, such
making large sales of what men
not possess and 'corneriug' the marke
It would seem that the feder
government could at least act
torbidding the use Of the mails, tel
graph and telephone wires for mel
gambling in stocks and futures, ju
| as ii does in lottery transactions"
Mr.. Ripley and Relating.
Next President Roosevelt turns h
attention 10 rebating, submitting ii
reply Of the chief of the bureau G
corporations to statements made /
the Standard Oil Company and h
President Ripley Of the Santa Fe raj
way. There Is also a letter from Dis
trict Attorney Heney Of San Francis
co inclosing one from the Santa Fe
general freight traffic manager to I'll
roads auditor, which Mr. Heney an
the president say shows the uttt
falsity Of the plea Of Ignorance mad
by high officials Of the Santa Fe an
the Standard Oil Company.
The president adds.
THE attacks by these great corpora
tiOns on the administration action
have been given wide circulati6
throughout the country, in the newspa
pers and otherwise, by those writer
and speakers. who, consciously or un
consciously. act as the representative
of predatory wealth--of the wealt
accumulated on a giant scale by al
forms of iniquity, ranging from tn
oppression Of wageWorkers to unfai
and unwh0lesome methods of crushnl
out competition. and to defrauding tn
public by stock Jobbing and the manip
ulatiOn Of securities. Certain wealth
men Of this stamp, whose conduc
should be abhorrent to every man o
ordinarily decent conscience, and VIII
commit the hideous wrong Of teaChin,
our young men that phenomenal busi
ness success must ordinarily be base
on dishonesty have during the las
few months made it apparent that the
have banded together to work for
reaction Their endeavor is to over
throw and discredit all who honestl
administer the law. to prevent an
additional Legislation which woul
check and restrain them, and to secur
if possible a freedom from all ri
strant which will permit every ur
scrupulous wrongdoer to do what h
wishes unchecked provided he ha
enough money"
Campaign of LaWbreakers.
Denying that The administration is 9
gagged in any assault on property 4
president continues:
There are ample material rewards f
those who serve with fidelity the mar
mon of unrighteousness; but they a
dearly paid for by the people who pc
init their representatives, whether
public life, in the press, or in the CO
leges where their young men are taugI
TO preach and to practice that there
one law for the rich and another for Il
poor. The amount of money the repr
sentatiyes of certain great moneyed i
terests are willing to spend can be gaugi
by their recent publication broadca
throughout the papers of this countr
from the Atlantic to the Pacific. of hu.
advertisements attacking with enve
omed bitterness the administrations pc
icy of warning against successful di
honesty and by their circulation Of par
phlets and books prepared with the sar
object; while they likewise push the ci
culation of the writings and speech
Of men who, whether because they a
miSled or because, seeing the light, tn
yet are willing to sin against the ligl
serve these their masters of great veal
to the cost OF the plain people,
1.-THE books and pamphlets, the co
trolled newspapers, the speeches by pu
| lie or private men to which | refer, a
| usually and especially in the interf
| of the Standard Oil Trust and OF certa
/ notorious railroad combinations, but th
| also defend other individuals and &C
/ pOratiOns Of great wealth that have be
| guilty of wrongdoing. 1t is only rare
! that the men responsible for the wron
| doing themselves speak or write NJ
| mally they hire others to do their biddi
! or find others who will do it without hi
/ food law, every measure for honesty
! business that has been passed during
/ last six years has been opposed by the
! men on its passage and in its admin
| Fation with every resource that nlu
! and inscriptions craft could sugg'
,,,nro,, 80 sscUrn But for the last ve
,bo attack has been made with mt
| bitrarneSs tInon the actual administrati
| of the law especially through the depa
Tntnrs,ote rommerce Commission a
tbe ~ brreau Of corporations,
'''~ np,,.;,,o.,, rh,+ \. lurt
6ustness nat Is ''ai''
The president at considerable lens
defends his administration against
charge that its policy was response