New-York tribune., 1908-05-01
KNOX. TO JERSEYMEN
Pennsylvania Senator Fauors Less
Interference zcath Business.
TBy Telegraph to The Tribune. ]


Trenton. April sO-Members of the Republican
Club of this city, at their annual dinner to-ngh''
listened to addresses by Senator Knox, OF Penh-
sylvania. and Senator Charles Curtis OF Kansas;
Job E. Hedges of New York; Governor Fort and
Ex-Governor Stokes of New Jersey. Senators Knox
and Curtis accompanied by Senator Briggs
and Senator kean of New Jersey. and several OF
the jersey Congressman. Senator Knox said;
is judsent that the great mass of of the the
eountrv to Se interfered with beyond such regula
tion as may be necessary to eontr0 and
believe in this country, where money Is cheap ana i
men monopoly viii be wellngh impossible if com,
petition is kept free and stability In governmental
Small epterprises have Gertain t H tr oYsr @
sned Of m opsn ana fair ed and
criminatory rates constitute one OF the cner % re re
earnings of favored concerns and, supporting. a
volume of capital stock which represents q61h
largely to the upbuilding of monopoly. -.
nations and the entry Of independent capital int into
% rpa has IN
Irises far exceeds the total capital OF the great
m vim vii connue
div1dual industrial experience with the eeTraeg
to compete effectively with such selfish combina-
but merely in order 10 capitalize the countrys pros
erity for the benefit of their promoters The exist .
productive capacity of the country, They have as
rule, merely acquired the ownership of pre-e1ist
/ am certain that the steady assertion OF ma
| tional power through M tiOnal regulation OF ma
ional subjects has been great beneflt 70 the coul
1 try. Without, however dtsparaSlng that NOV e.
rlent. am most anXiously looking forward 10 me
popua rzatiCn Uf the great policies of construction
ana ma tional urhuilding already mooted.
The conservation of our ma tional resources Is
essential to permanent prosperity
The future of American commerce depeflos iar SeIH
arpreciation and execution OF a broad poi-
! icy of terWays improvement that VIII raise oui
natural highways to the point of highest usefulness
I repeat what | said another occasion. that
the duty cf the government to raise Its water
Uavs and harbors their utmost efficiency was
determined long ago by the action of the govern
| mont Itself. | axiom that Wnen tile
I-TiteG States government acting under the leSis
] dredging in the Delaware River New York Bay
1t assumed the obligation to keep those harbors VI
J 20 the standard fixed by the fullest needs or com
! rlerce invited cities to improve their docks &c
accommodate large ocean vessels 1t held OUT tIle
| inducement railways to bring their tracks Il
the waters edge and construct terminals Tor the
| transfer of freight from cars TO vessels:
| So when the government assumed charge an(
control of the navigahe streams of the interior 1
| entered into practical contract with the state
| and communities bordering those streams tina
| their waterways would be improved to their high
| capacity The states were thereby prevented
! from Improving the streams themselves Corpo
| rate enterprise forbidden to undertake IN
equalization OF important stretches and TX III
1 cost Of their works and franchises on the traf
| fc The federal government has made its forma
| That necessarily involves that il will make tn
! improvements adequate to modern needs and posi-
bilities. To dc less would be a mockery an'
breach of good faith.