Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-31
COL. ROOSEVELT
At 0SAWAT0M|E
CONTINUED from page one)

1
ownership Of the railways IL It ca
possibly be avoided, and the only al
Tentative IL thorough going and ef
| fective regulation. which shall b
based on full knowledge OF all tn
facts, including a physical valuation u
the property. This physical valuation
Is not needed. or at least Is very rarel
needed, for fixing rates: but II Is need
ed as the basis OF honest capitaliza
ton
We have come 70 recognize thai
| franchises should never be granted
| except for a limited time and never
| without proper provision for compen'
| sation TO the public. 1t is my per
| sonal belief that the same kind aud
which should be exercised over public
! service corporations should be ex'
| tended also 10 combinations which
| control necessaries Of life. such a.
| meat. oil, and coal. or which deal In
| them on an important scale
TARIFF MAKING METHODS.
There Is a widespread belief among
our people that. under the meth DDS
of making tariffs which have hitherto
obtained, the special interests are too
influential. Probably this Is true OF
both the big Interests and the little
interests. These methods have put q
the selfish big interests have gotten
more than the selfish small Interests.
The duty OF Congress Is to provide
method by which the interest OF the
whole people shall be all that receives
consideration. To this end there must
be an expert tariff commission, wholly
removed from tho possibility OF po-
litical pressure or of improper busi-
ness influence. Such a commission
can md out the real difference be-
tween cost OF production, which Is
mainly the difference of labor cost
here and abroad. As fast as its rec
concentrations are made | believe In
revising one schedule at "a time. A
general revision of the tariff almost in
evitably leads 10 log-rolling and the
subordination of the general public in
terest to local and special interests.
The absence OF effective state. and
especially national restraint upon un-
fair money-getting has tended to ere
ate a small class OF enorm ously
wealthy and economically powerful
men whose chief object Is to hold and
Increase their power. The prime need
Is to change the conditions which en-
able these men to accumulate power
which II Is not for the general welfare
that they should hold or exercise. We
grudge no man fortune which rep
resents his own power and sagacity,
when exercised with entire regard TO
the welfare of his fellows. But the
fortune must be honorabiy obtained
and well used. II Il not even enough
that IL should have been gained with
out doing damage to the community.
We should permit II TO be gained only
SO long as the gaining represents ben
eft to the community. This. I know,
implies policy Of n far more active
governmental interference with social
and economic conditions in this coun-
FN ma hat oct hnA kNtt lob
we have got to face the fact that such
an increase In governmental control
is now necessary.
DOLLAR FOR DOLLAR.
No man should receive dollar UNI
less that dollar has been fairly earned.
Every dollar received should represent
a dollars worth of service rendered. |
The really big fortune, the swollen
fortune, by the mere fact of it's size. |
acquires qualities which differentiate |
I I'm kind as we'll as in degree from |
What Is possessed by men OF rela-
lively small means. Therefore | be-
ieve in a graduated income tax on big
ortunes. and I'm another tax which is
ar more easily collected and far more
Elective graduated inheritance tax
m big fortunes, properly safeguarded
.gainst evasion, and increasing rapidly
n amount with the size OF the estate.
The people Of the United States
uner from periodical financial panics
o n degree substantially unknown
mong the other nations which APP
roach us in financial strength. There
; no reason we should suffer what
hey escape II Is of profound inn
'ortance that our financial system
hould be promptly Investigated. and
o thoroughly and effectively revised
$ to make IL certain that hereafter
ur currency will no longer fail at
riticai times TO meet our needs.
II is hardly necessary for me TO re-
eat that / believe in an efficient army
nd navy large enough to secure
or us abroad that respect which is
he surcst guarantee of peace. Justice
nd fair dealing among nations rest
n principles Identical with those which
ontrol justice and fair dealing among
he individuals Of which nations are
with the vital exception
hat each nation must do its own pert
a international police work. National
like those between men,
aust be founded on respect as well an
n liking. on forbearance as well as
pom trust In all this it Is peculiarly
no duty of the United States to set
God example.
CONSERVATION.
OF conservation | shall speak more
{ length elsewhere. Conservation |
/
rejection. / recognize the right and
re duty OF this generation to develop |
nd use the natural resources of our
md. but | do not recognize the right
, waste them, or to rob, by wasteful
Sc the generations that come after us.
he natural resources must be used FOR
10 benefit of all our people and not
for tho benefit OF the few. |
hat is one of the fundamental reasons
hy the special interests must be
riven out Of politics.
National efficiency has many factors.
is a necessary result of the prin-
pie OF conservation widely applied.
the end IL viii determine our failure
success az a nation. National ef-
cheney has to do not only with natural
sources and with men. II Is equally |
,ncerned with institutions. The state
ust be made efficient for the work |
hich concerns only the people of the
ate and tho nation for that which |
,ncerns all the people. There must
main no neutral ground TO serve as
refuge for lawbreakers. and especially
II law breakers Of great wealth. who
m hire the vulpine legal cunning
hich will teach them how to avoid
,th jurisdictions. II Is q misfortune
hen tho national legislature fails To
its duty in providing "A national
medy. 50 that the only national ac-
witty r. the purely negative activity OF
c judiciary in forbidding the state
exercise power in the premises.
do not ask for over decentralization | \
Il I do ask that we work In spirit
broad and far-reaching Nationalism
hen we work for what concerns our I
No. all | 1