The Charles Mix new era. (Wagner, Charles Mix County, S.D.) 1???-1911, 1908-12-11
Ro0SEvELT'S FINAL
ADDRESS TO CONGRESS
Presidents Message Reiterates
Need of Reforms He Has
Previously Advocated.
URGENT APPEAL 70 PEOPLE
A.. Effort vii BE Made TO Get Labor
end Capital Together fer the
Sake Of the Public
Welfare.


Washington. ID. T., Special Presl~
den Raosevelts inaI message TO con-
greSs. advocating strongly the enactton
OF tlls reforms 10 which his admins
tra{i8u has been devoted, was read IN
both houses today. The message III
I&rt, follows.
~ the senate ane House 81 repre-
seag15tpes. THE aislucisl standing oL thc
nation "a she present time Is eAeeHent.
and tae financial n~a4a@aa ment cf ~ -
fiGls tftefests BY the s0FtThfueht 1oINls
the @ seven years Bias shown ia& h34Ht
81 results. 8Ht olE carF acE
~ e iFs perfect. AMI IL Is eartESl19
10 vs. h@4e4 chat tAe currency eeIanls-
eg1r &&A he able 40 propose O t~horaGgaty
Aot& &HStria which VIII DO aNaS WIN
Tao e%ssstEg dCfeet&.
DG43ag flle seven years ana thF%e
nl1ptAs elsoFe has uaer4 q uee surplus 81
rtaFls NGu hGparcd %ntllt2Ea * fecel!,'s
Owe t%ae912tGrVs, a REDUCTION Ca atS
In a aeaf4aS 0N9f aF ninety hal*toits
in RI .e ut tire extraordinary expense aA
IT. Eft4Ntt caua3. 4sa a saving 0f near
u n millions on fne aGnual interest
char. 4lis is an eEneed8uEiy sausfAe-
tory S}cE8ag, especially Ia View 81 the
faC. t1At during THIS PERIOD, the hatlon
eNi' az frc taat ( regarded az heces3
sarE. Y}sure have been no new taxes aad
~ iner 4ses Of taxes: on the contrary,
SOM taxes have been taken on. tAste
has btca a reduction OF taxation.
Corporations.
= regards the great corporations en-
xagrI IA interstate business. and espe-
ciaily IAe railroads, ! can only, repeat
said iii my messages 70 the congress. 4
believe ta4t under the interstate clause
OF The CONSTITUTION the United states
has complete and paramount right to
control al agencies Of interstate com
nacrcc. and / believe that the national
government alone ean exercise this right
with wisdom and effectiveness So as both
to secure justice from, and TO 40 justice
20, fbe great corporations which are the
ness. / believe that 1t is worse than folly
TO tempt TO prohibit all combination
as is done by the Sherman anti-trust
law, because such q law can be enforced
only fHperfectly and u~nequally. and It's
enforcement works almost as much hard-
ship as good. i strongly advocate thai
insslaa OF an unwise effort to prohibit
all combinations. there shall be sub
stitutgd a law which shall expressly per
init combinations which are in the inter
est Of Jhe public, but shall at the same
time give to some agency Of the nationa.
government fun power Of control ane
features of this control should be secur.
ing eat.re publicity in all matters which
tho ilhlie has a right TO know, and fur
thgrIu-rp. the power, not by judicial bu'
by executive action, TO prevent or put z
stop 70 every form Of improper favoriasH
Or o-her w~TongdoinG.
The Railroads.
Thr ratfways OF the country should b,
put completely under the interstate com
tnerCe commission and removed from tn
81 AuUl-iti. Ni LflE 2Qtl~AiLSE law. ne pow
Of pa" commission should he made thor
~oUghEoinE, so that II could exercise com
plete supervision aud control over n
Issue oil securities as well as over m
vaistHZ and lowering OF rates. As regard
rates. at leGst, TINS power should ~
suuvtESy. The power 80 Investigate tn
financial operations aud accounts Of tn
raiW&& has been one Of the NEST val
4ahie features q recent Legislator
agrecr7eats should be explicitly conferre'
upon sac railroads, the permission Of To
commission being first gained and III
c-omhiH445on or agreement being publishe
b IN an IFS details. In the interest of tn
pUhllc the representatives Of the publ
should have complete power to see tina
the railroads do their duty by the publ,
and as a matter Of course this pow
should also be exercised SO MS TO see tina
no injustice Is done to the railroad
The shareholders, Tae employees and tn
Snippers all haVe interests that must b
guarded 1t is to the interest of all {
Them that no s~windling stock specula
tion should be allowed, and that Their
Should be no improper issuance of 81
The Guiding intelligences necessary fl
the successful building and successfl
management of railroads should receiy
ample remuneration; but no man shout
be allowed to make money In c0nnectio
with railroads our Of fraudulent owe,
Capitalization and kindred stock gamblln
performances: there must ne no defraut
/ Ing of investors, oppression of tho farm
ers and business men who ship freigh
or caEtoas disregard of the rights al
y needs Of the employees. in addition
this. the interests of the shareholders,
the employees. and of the shippers shou
all be guarded as against one anothe
To give any one of them undue and in
proper consideration is to do injustice
the others.
Rates must be made as low as Is cor
patib3e with giving proper returns 70 q
the employees of the railroad, from Il
hignest 70 the lowest and proper return
to the shareholders; but they must nc
\ for Instance, be reduced In such fashif
u as 10 necessitate a cut in the wages
III The aFAylnNeS or the IbOlft0n of ri
propcr and legitimate profits Of hone
Shareholders.
Telegraph and telephone companies Q
gared in interstate business should
pur under the jurisdiction OF the Int
ri state Commerce commission.