Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1911-03-09
ROOSEVELT DAY
At ATLANTA
Ex President Made Address
This Afternoon at a
Negro Church
BIG COMMERCIAL CONGRESS
Addresses on Topics of Vital
Interest to Development
of South.

Atlanta, March 9.-This is Roose-
welt day at The Southern Commercial
/ Congress. The former President ar
rived this afternoon and was met at
the station at Atlanta by a company
OF the Fifth Georgia regiment Of In
fantry. officials OF the chamber Of
/ Commerce and the commercial con
gress. This afternoon Colonel Roose-
welt delivered All address at a negro
church and tonight will address the
congress on the "South's Obligation
iinStatesmanship and Business En-.
deavor."
! Modern industries.
! Atlanta, Ga, March "a corpora.
ton is composite of steam, eleetri-
I city and men. We have learned how
to control steam and electricity. Let
US teach ourselves how 20 regulate and
control corporation.
Such was the central thought OF an
address delivered today before the
Southern Commercial Congress here
by George w. Perkins on Modern
Industries Laying stress upon the
great influence of electricity and
steam-notably as means of inter-com-
munication-as based upon the devel-
opment of business to huge and COM
pleX modern corporations, he declared
that as we have learned to regulate
those great physical forces and there
by added to their usefulness SO We
must learn to regulate the corporation
and make it do better service,
The people have witnessed abuses,
glanng abuses in corporation business
methods" said Mr.. Perkins. They
have been told mat these abuses come
about largely because of the size to
which certain enterprises have grown.
But how un-American to be afraid Of
I thing because it is large. The true
American has no such fear or belief.
1t is not the size he fears; it is the
methods followed. He fears the man
agement of giant enterprise that is
| secretive, that does not respect pub
! lie opinion, that does not realize that
when its sharrs are owned by the pub.
I lie its managers are substantially pub
! lie servants. He fears the methods
! OF the blind pool. He wants to know
and he has a right to know, from dis
; interested third parties, viz. the gov
ernment, what is being done by
great business enterprise in which his
money is invested or which is hand.
ling commodity that effects his daily
life
"The officers of great corporations
should realize that such concerns are
more nearly public institutions than
private property.
While the agitation of recent years
has been unfair and harmful in many
| instances it has set business men
thinking, has awakened the business
conscience, and has brought new
realization of the fact that it is as
true of business as it is of the indiVid.
ual that there is no permanent sue
! cess unless it Is based upon integrity
of character
! Our business concerns have grown
from the local firms and the State
| company to the great interstate cor
poration; and what we must have is
federal regulation and control of these
great interstate enterprises, and laws
that will punish the men who COM
init the crime, not the stockholder
or the public which is being served.
Federal regulation is feasible, and
| if we unite and work for it now we
may be able to secure it; whereas if
we continue to fight against it much
longer the incoming tide mag sweep
the question along either to Govern
ment ownership or Socialism.
"The day has come when we need
craftsmanship in business.
/ 81 have long believed that we shoul.
have at Washington a Business Court,
to which our great business problems
could go for final adjustment when
! they could not be settled otherwise.
We have now at Washington Su-
preme Court, composed, of course, of
| lawyers only, and it is the dream of
every young man who enters the law
/ that he may some day be called to
the Supreme Court bench Why not
a similar goal for our business men?
Why not court for business quest
ions, on which no man could sit who
had not had business training. with
an honorable record? The supervis.
ion of business by such body of men
who had reached such court in such
way, would unquestionably be fair
and equitable to business. fair and
equitable to the public. Furthermore.
it would not take out of business that
invaluable asset individual initiative.
1t would leave the everyday manage.
ment of business untrammeled and al
low men free swing to devise ways
and means to improve, enlarge and
develop our domestic and foreign
commerce
1T would give us a practical work
ing arrangement by which more hui
name, cooperative methods could be
substituted for ruthless competition.
Competition that competes, that is
real, under present conditions of life,