The weekly chieftain. [volume] (Vinita, Craig County, Okla.) 1905-1913, 1909-03-05

those pursuing proper and progressive
business methods, further legislative
and executive action are needed. Re-.
lief of the railroads from certain re-.
strictions of the antitrust law have
been urged by my predecessor and will
be urged BY me On the other hand,
the administration Is pledged to legis-
latiou looking to a proper federal sup.
erYision and restriction TO prevent ex.
| cessye issues OF bonds and stocks by
companies ownng and operating In
terstate commerce railroads.
Then too, a reorganization of the de.
partment Of Justice. OF the bureau Of
corporation in the department Of com.
merce and labor, and Of the interstate
commerce commission, looking to ef-
fective cooperation Of these agencies.
is needed to secure a more rapid and
certain enforcement OF the laws affect.
ing interstate railroads and Industrial
combinations.
hope to be able to submit. at the
first regular session OF the incoming
congress, in December next definite
suggestions in respect to the needed
amendments to the antitrust and the
interstate commerce law and the
changes required in the executive de-
partments concerned IN their enforce.
ment.
II is believed that with the changes
TO be recommended. American bust
ness can be assured of that measure
of stability and certainty in respect
to those things that may be done and
those that are prohibited which is
essential to the life and growth of all
business Such a plan must include
the right Of the people 70 avail them.
selves of those methods Of combining
capital and effort deemed necessary
to reach the highest degree Of eeonom.
ie efficiency, at the same time differ
entiating between combinations based
upon legitimate economic reasons and
those formed with the intent of Great.
ing monopolies and artlfcany control.
ing prices
The work of formulating into pract.
ical shape such changes is creative
work OF the highest order and re.
quires all the deliberation possible In
the interval believe that the amend.
ments to be proposed are just as nee.
essary in the protection Of legitimate
business as In the clinching of the re.
forms which properly bear the name
of my predecessor
A matter OF most pressing import.
ance is the revision OF the tarln In
accordance with the promises of the
platform upon which was elected
shall call congress into extra session
TO meet on the 18th day OF March. in
order thats consideration may be at
once given TO a bin revising the Ding.
ley act This should secure an ade-
quate revenue and adjust the duties
in such a manner as TO afford To labor
and TO all industries in this country.
whether of the farm. mine OF factory.
protection by tarid equal to the differ.
ence between the cost Of production
abroad and the cost of production here
and have a provision which shall put
into force upon executive determine. |
tion Of certain facts, a higher or max
imum tariff against those countries
whose trade policy toward us equit.
ably requires such discrimination. II
is thought that there has been such
a change IN conditions since the enact.
ment of the Dlngley act, drafted on a
protective principle. that the
measure of the tariff stated viii per.
NIT the reduction of rates In certain
schedules and will require the nd.
Of few, II any.
The proposal to revise the tanh
made in such an authoritative way rs
to lead the business community to
count upon Il. necessarily halts all
those branches Of business directly
and as these are most i'm.
portant it disturbs The whole business
Of the country Il is imperatlgely
sssary therefore, that a tarlff bin be
drawn in good faith IN accordance
with the promises made before the
election by the party IN power and
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