The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1908-12-09

q
\ thoroughgoing, SO that e could exercise
! complete supervision and control over
the issue OF securities as wen rs over
! the raising aud lowering OF rates. As
! regards rates az least TINS power should
he summary The power to investigate
the financial operations ana accounts ~
the railways has been one ~ the most
valuable features In recent legislation,
Power to make combinations ana traffic
agreements should be explicitly conferred
upon the railroads. the permission If tNs
commission being first gained ana ths
combination or agreement being pub
hshed in all its details In the interest
OF the public the Representatives ~ the
pnhHe should have complete power TO
see that the railroads 90 their datv by
me public. ana rs a matter ot course
ms power should alaa he exercised SO ~
10 see that no injustice rs done to The
railroads The shareholders the EN-
ploNes and the shippers an have interests
that must be guarded il is 10 the in
terest ~ all Of them that no sRindlnr
stock speculation should be allowed, and
o P% , " ss SmGuu 't No rRnFon'f s
gences necessary for the succcssf,l build
ing and successful management Of rail-
roads should receive ample remnnera-
ton but no man should be allowed to
out NJ fraudulent oyer-capitalizalion and
kindred stock gambling performances
there must he no detraudiug of invest
ors, oppression Of the farmers and busi-
ness men who ship freight, or collaus
diregard Of the rights and needs of the
employees In addition to this the inter-
csts Of the shareholders, Of the employees
and Of the shippers should all he
guarded as against one another To
give any one Of them undue and i'm
proper consideration is 10 do injustice 10
the others. Rates must be made as BOW
as Is compatible with giving proper re-
turns to all the employees Of the rail-
road, from the highest TO the lowest
ana proper returns to the shareholders
but they must not for instance lie re-
duced in such fashion rs to neeeSsitatc
cut in the wages OF the employees or
the abolition of the proper and legitimate
profits Of honest share aoldcUs
Telegraph and telephone companies en-
gagged IN interstate business shoad l'a
put under the jurisdiction Of the inter
state commerce commission.
pso,la tJ-,.d 3. Al
N is very earnestly 70 he wished that
our people. through their representative
should act in this matter, II is hard 10
SAY whether most damage TO lie cow
try at large would couo from ant'
failure on the part Of the public 70 ss-
pcrNise and control the actions Of @,
great corporations. or from the e-trc
Of the necessary governmental power o
a way which would 90 injustice A'a
wrong 10 Inc corporations HeiH
preachers or Unrestricted ihu'ht|H-tt.3.-t
ana TIE preachers oi an optyess-tF
which would deny 70 able men OF aas
ness the Just reward OF ths'r lh.'ia} III
ana business saEa'itE are aa'ottt'32
poheles lhat Nou'I pt tfauEht "IlH .-'
graNest harn 10 the Whoie country
permit every IaWless capitalist. eVa'f
aW-deftihg corporation to take ans IT.
lion no matter how lulqufouS. N iae
ehort 20 s-clr" an Improper pFoit aHd /
70 build up privilege Wotjd De roiH9AS
70 the TepHbHc ana "olla marx lh" abth-
comment OF me eH"r1 70 secure IN t#e i'l-
dustrtal world the spirit ot democrats
fair dealing on the other hand, 20 at
TACK 'htse wrongs lh mat sp4IAt OF dri''
agogy which can see wrong Only "y'n
committed on the man or wealth ana 's
dumb and olina IN the presence Oh "roi'&
committed AGAINST men or properly or i
men OF no property IS eAaelN as r'
as coTfupuy 20 defend tne "''Asiolh" |
OF men OF W'hLh- pc war W" '-'
must ne "@SFd ASdtfiSt uIS'olIA3'
against WronEdoins Wherever IL ~ i""nn |
ahe we h1'a' s.'Ad hf@f'iN l.F III
rights OF every ae'rhl man ""''"'t ~
be uah oi great "ratth ~ H'"il N'" /
earns hrs iNeEhopd MS W-'"orker or /
uHfr ot we soil
II IS 70 the Interest ~ aa 81 Us Chat /
there should be- a premium put upen in-
dividual initiative and individual cl-
pacity and an ample reward for t1r
great Directing int'i!iSen1es alone com
pctcnt 20 manage TIE great business 0F-