The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1909-06-01

preserved and s~afeguarded. II they
are to be able to perform their ser
vice efficiently and to provide in
creased carrying capacity as it is need
ed it must be recognized that govern
mental regulation can not properly be
carried further than is necessary to
preserve to each individual the right
to have himself and his property car
rled on the railWaN On terms of
equality With every other individual,
under similar circumstances and con-
ditions, and at rates that are not exor-
bitant or unreasOnably high as meas
ured by the service performed. 1t
must be recognized that regulation
that goes beyond this proper limit and
inVadeS the field of business admins
tratiOn, or that diSregards the right of
the railway to reasonable cOmpenSa-
ton for the service performed, is de-
structlVe in its effects and tendencies.
1t must be recognized that such regu-
lation VIII inevitably react on the very
persons sought to be identified. by Grip
ping their railways and impairing
their power to rende efficient service
or to increase and improve their IA
%cilitias.
These matters of the adequacy and
efficiency Of railway facilities and Of
the maintenance of railway wage
paying and purchasing power are of
Sucll vital importance TO a w
region, such as the South, that | be-
lieNe it is the duty of every South
ern man to study his interest in the
railways, carefully and without pre-
Judice, as an proposition. l
believe that if he will do so. he will
be convinced that his own self-inter-
est and his public duly require him to
contribute to the extent OF his ability
and his influence to the creation Of a
strong and militant public opinion
that will safeguard the railways in
their and their rights and
that Will support public policies tend
ing to strengthen them and make
them more efficient factors in South
CTn C~GNc1unrHtnt.
As tudents of the University of
North Carolina YOU are preparing to
enter upon careers OF usefulness in
southern communities. You are in
terested in such q solution of all ques-
lions affecting the relations Of gov
to business as will promote
he Interests Of the South as a whole
advancement | have Iaith in the
southern people and l believe that,
as experience and discussion reveal
the course Of right and justice, these
questions Will be W Sely SoINed. / be
lieve that they Will be settled in &C
cordance with that fundamental prin-
ciple of free government that each
individual should be protected in the
exercise OF the greatest degree OF llh-
IN the management of his own
affairs consistent with the preserVa-
ton of equal rights for all other midi
viduals and associations of individuals.
With uch an adjustment of our eco
problems and with each indi-
Vidual respecting the rights of others
while working for his own advance
ment, we shall progress to a higher
level Of genera prosperity than our
section has yet attained.
The South, Mr.. Toastmaster, is
pre-emlnentlv a region of opportunity
for the young man. It is a region in
Which,, by the exercise of honesty, in
.tell1gence, enterprise, and industry, he
can win in any field of useful en-
deaVor that he may select. If he
turns to agriculture he will find await
ing him fertile and relatively cheap
lands, with climatic conditions favor
BE to outdoor work most of the
year. enabling him. by the opt
the most improved methods, to +,
arm a greater net profit than could
be obtained from a larger area in less !
Favored regions. II he turns to man i,
he viii find expanding in
dustrieS on every hand calling for
men Of all classes, from the highly
specialist in mechanical and
electrical engineering to the mill OBJ
If he turns to trans
. Wi6o ronoe of onnor-
If he turns to
.r to any one of the learned profess
&!