Albuquerque citizen. [volume] (Albuquerque, N.M.) 1907-1909, 1908-09-26
Beveridge Scores Brydn'S At
tltude to the Trusts
and Business
Generally.
OUR PRESENT WORK
TO HELP BUSINESS
1t Is Right to ShaCkle Dishonest
Business Men But Not Right
to Bind Hands OF Honest
Business Men. Declares
the Senator.

New York. Sept. 26.-The presiden-
tial campaign in New York City was
formally launched last night at a
great meeting held at Carnegie hau.
Former Mayor Seth Low presided and
Senator Beveridge made the principal
address, his speech being on "Bu'i-
ness and the Trusts" in the nature
of a reply to Bryan's acknowledged
attitude toward great business enter
prises, and his pan as outlined IN
the Democratic platform of prevent
ing any company from controlling
more than 20 per cent OF any Que
product.
Senator Beveridge drew a comparl-
son between business of twenty-five
or thirty years ago and the present
day, contrasting the methods III use
then and those necessary now to han-
die the great enterprises of the couh-
try. While the Democrats are con-
deming the increase in the NUMBER
of government employees and conse-
Quent expenses, they are. in their
plan for controlling business, proVio-
ing tor an increase greater than DUR
tng the past Republican admlnlstra-
tios.s, lie SAID. l1s lo.ssea out th<i
the work TO be done now is not to
kill business but to help 1t. he sald
in part:
A 20 per cent franchise means 20
per cent business; but this is a luo
per cent country. Twelve years ago
1t was Bryan and 16 to / money; to-
day it is Bryan and 25 per cent busi-
ness. No 20 per cent statesman can
be president of the American people
Big business is necessary to the
peoples prosperity. But big business
has also developed evils. That is
natural. The poison vine saps the
life of the oak; but who would lell
the oak to kill the parasite. To Kill
the evils of business without killing
business itseH has been the problem
OF the ages--is our problem today.
Thus we are ending the evils of Dig
business. We are asserting the greA
principle that when any business be-
comes SO big tnat it affects all the
people it must be regulated by the
government Of all the people. We de-
clare that no power in the nation shall
be greater than the nat. on; that nt
corporation created to serve the peo'
PIE shall be above the people. Auc
We are making that declaration 900
In D. g.. and its execution under the ad'
alton of the most fearless
and beloved leader of an!
the world-Theodore Roos
erica's elemental work Of set
: business on straight paths, a.
a.. gland, France and Germany hav
done for their business long ago, on
chief danger is not from the dun re
dictionary who calls his crab-ike re4
soning the wisdom OF ne ages, bu
from the excited extremist, who calL
his flash.ight philosophy the gospe
of progress.
Let no one fear the Tories of legis
lation who have opposed this move
ment The grand ducal cabal in botl
parties is now little more than a
unpleasant memory. And the ques
tion IS, what now do We propose L
do for business.
We Will amend the ancient Sher
man law, which changed condiuo1
have made injurious and grotesque.
is right to shackIe the hands of DIS
honest business men, it is outrageou
to bind the hands of hoa
est business men. We propose =
unlock the energies of American bus
ness men Oy amending the law :
that honest business men may have
free hand in honest business. TIL
will open new factories, build ne
railroads, sink new mines and en-
ploy hundreds of thousands of tol
ers. But Mr.. Bryan refuses to brin
this obsolete statute up 20 date. L.
every honest business man who's
hands the sherman law now ties r.
member that Mr.. Bryan would n
only not unite his hands, but ais
would manacle his feet.
We viii amend the railway RAJ
law to make government regulau1
more effective. The commission
now swamped with duties. We wi
divide its functions; give to anoth'
department the execution of the lay
and TO the commission the decision
cases arising under it. We will mai
the relief, the remedies, the regul
tion which the law provides. speed
and sure.
II the American people are to
chastised by an opposition administri
ton, with its distrust of business me
its destructive methods of commerc
its antiquated tariff system, this va
country with its amazing resourc
ha 4