The Mena weekly star., 1910-02-24
NAGEL IN CHICAGO
rEFENos FEDERAL coATHoA Or CORPORATIONS BEFORE
 INDUSTRIAL CLUB
waw OBJECTIONS ARE WEI
Secretary cf csr-sres ard -ssl' TeHs 7zErzz1 and 51zzress Ngrzt Are ire Advantages sf ra rrcccs<c Psn-

Cnezz0. Feb. Is--slz-lss SazaA s.scrzfzrY 0s commerce and laoc-, FA- tne principal speaker I1sr 1-zl1 AL ssnrer giTea bF ths industrial cl17 F the Ccaz z-ess hotel Ills subject FA1 -Tke Federal COatrul ct Corpnfa sfous.- aas he was Iiszszed ts1 E1Ea -As zrsasssz interest 5y Ehs sxst@-1fs keads ot many os the great FzlAruasd systems and of grezs number oE .l szstriag corporations Mfr Sz4@A s1-'- h part
 ~En couslssr5ag thas 1-ugos9rion ~s have to szreruI1s. frat. has ths H2 tfouzI z8veruElsar tArCGg1 congress- tH= cewsr % az-hcrlEe sae 0rgaa-za rson Of federal rarpcrzrlcnsf See11ai what are the cazdE-lons Lhal zlaza leg isEztsan of raiz kzzd adEisz5les Il-r1 what ro1Id be t1e more marked con se1zsncez ot s1rh IagtsLzrs01
 -FTrzr The an-h1rfrg. EhIca only q flaw years aga would prD5aaiF aAys been denied without Gfscusslc1, ncE seems to be da1bted ay Very few. h deed lr has seemed t9 ne trnu lhf ssarr that 10 ans could subject s1is aresricu 70 a rhcaghEtuI cczsiderari'ss without arriving al the conclusion tiai the federal congress Ezss u71o15Ee'-ls have the authority
 Wny r. Is Aevisscte-
 aSscon1 Assuming that the aut1or f.v sxssFs the essential question is xnzt is the need for tae exs-ciss ul me authority at this time &as1 ! has been said that the srzzss have neglected thelr opportunities. and tAaf su eonsequezce the federal government hzs been tempted to encrcaeh apcE rheEr zzt1or1-v- an persuzds1 ta1i the charge against the states has gc1s -oo far. Tae failEre oE the states rf successfully cope with the coneiElc1i that have inevitably arisen h the de veIcpuent ot our cczZerce ts not ts be zscrioed 70 negligence so much al to inability.
 At present corporzf1c1- o-zzn1zef ia one state, and engaged ia oGStnesi in the border city 0k that state, azi 10 right as a matter of laE 70 cross tke boundary and to transact business in the sister s-ate Two cities. 70 al intents and purposes one eOIZerria center. are governed hy distinct code Of lzw. and one and the sane business orxznizztior exists lE one ss 2 mattsi ! of rfxht. and may be exef11sd frcu rhs ether a. any tine as 3 matter Q | law Corporations organized 1y stat authority enter other states at n risk Of being expelled al any time Of seeing their property pat on tal market, and the good VIII which the. have builr ap destroyed without com l penzatioz- Regulations made in o1 state as 10 the character of the prod zce to be offered may be. and otte are. in conflict with similar regulation tr other states thz. cans-itzts g read market for the same concern Pur food legislation. now upon the sratu' books of most ot the states. are sul feet 10 such variety and such conai' that intelligent compliance with tnel | hy a concern Of national proportions practically out of the gfEssti0El-
 what Is the need and the puFpos Of the proposed creation of federal co porations7 AS see t. 1t is simply place 2 private business company it's commercial activity precisely whe' the constitution undertook 10 put th citizens of the United States Th purpose is to organize companies thi may engage in interstate cOmmere under regulations fxed by the federi government. and free from the Enna urzl and unecoH0mical em5arrzs nents which SO far any state has bee al liberty to interpcse.
 par from all the eubzrrassmeEt which zn-zzonistic and conaictiE state I4zsslztsoz Aas So far create it appears 10 ne that contemplate of the future of our foreign eommerg in itself absolutely settles the nee for an intelligent. bold and compreaei ! sive scheme for the organization [ commercial enterprise under the san authority under whose charge that q < ferurfsa is 10 ga forward