The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1908-12-01

individuals. Upon the prompt payment
of the wages earned, and the reliable
and regular distribution of interest
and dividends, depends the livelihood,
the comfort and the support of mil
lions of our people, men. women and
children.
These corporations must keep up
with the progress of the time. The
public is a critical customer, and Is
constantly demanding better tracks
and terminals fast and safe transit
of freight and passengers new
and expensive equipment. The high
standard Of American living demands
increased compensation to employees.
The many men exposed to the great
hazards of railroad operation are en-
titled to the best protection that skill
can invent, experience provide and
money buy Fair remuneration to the
investor. to compensate Co. the COM
mercial risk involved In the operation
of railways, must be provided, else
present capital invested will be with
drawn and new investment will not be
made
The progress the growth. and the
prosperity of our country depend abb
solutely upon its commerce. Com
merce can only be successfully con-
Quoted when the means of transporta-
ton are sufficient, and such means are
operated with efficiency and prompt
ness, and without discrimination OF
any sort or character The prosper,
ity OF the country and the prosperity
of the agencies of commerce are inter
dependent. You cannot permit one TO
languish and expect The other to pros
per.
| believe the railroads of Iowa, and
of the country at large, appreciate
these changed relations, and recognize
their obligations to the public, and
that they are subject to governmental
control, and | further believe that
these corporations are in good faith
trying to operate in strict accordance
with the law.
If this is true, then the protection
of their interests. as we'll as a regula-
ton of their conduct should be con-
sidered and a just income, to enable
successful performance of the obliga-
tions of these companies. should be
preserved Hastily considered laws,
enacted under the pressure of partisan
debate and excitement, y-eich, in the
1 NJ ~ i'm.
practicable or unduly burdensome,
/ should be amended or repealed, and
/ if 1t be true that there exists between
the public and the corporate interests
a better understanding Of mutual
rights and obligations, and that the
laws governing and controlling cor
porations are being respected and
obeyed, then the public and the gov
eminent. who, in exercising this con
troll have to large measure assumed
the responsibility of success. should
recognize these changed relations, ant
give as much thought and as mucl
time to reasonable protection as i
given to control and regulation.
Therefore, / stand for new stand
ard of judgment as between corporate
interests and their control and regula
ton based upon the new relationship
that exists between these great inter
ests.
And now word that is persona
to the honored guest of the evening
! have known Senator Cummins dur
+, ing all of my professional life il
: Iowa, and have always admired hi
/ many and varied gifts and accom-
.plishments. In many instances I hav
not agreed with him as to public meas
ures and policies, but this differenc
of opinion has never disturbed GU
{ personal relations.
The Office of United States senate
, is one of the very great offices in tn
gift of the republic, and his eleyatio
/ to that high position appeals to m
, as the opportunity of his life. Their
r will come before the senate, while h
!. is a member of that body, measure
/. and policies that vii require tn
% highest order Of craftsmanship and D;
!. triotism.
!. TIL, election OF the governor to TIL
4 Office is the elimination of Ion
struggle in Iowa. marked by some bi
J terness, but that will soon pass awe
= and be forgotten. | know there is
general desire on the part of all
our people to join in generous CO.
gratulations. with the earnest convi
8 ton upon the part of the great Doc
I of the Republican party that discol
,, among Republicans in Iowa is now
& an end.
le In presiding over the Cedar Rapi,
= convention in 1901, when the COVE
q nor was first nominated, | express
the hope that hereafter, in the Repu
IS lican party in Iowa, there would
p mo Indians from the reservation a,
g no Comanches from the waters of ii
n Coon" The fulfillment OF that hor
n then expressed but somewhat delaye
N / believe is now at hand
] am here as a good loser. and wi
u sincerity extend to Senator Cummi
~ congratulations on a great victo,
- hoping that his success In his ne
10 field of labor will be all that he hi