The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-10-05

:
who had not purchased tickets joined
the main body after luncheon to hear
Mr. Perkins speak.
President Milton A. McRae, Of the
Board OF Commerce, presided at the
iIinbheon. He referred TO the guest
81 honor as one Of the great Ameri-
chn statesmen OF business; q man
Who has practically retired from &C
i've business and who Is devoting
his time to studying the conditions
existing between capital and labor,
with view ito improving them; a
man who says We are living In q
<ef.together' period and Is using his
best efforts to get labor and cap
{aI together on fair and eauitaS->
I11Is; q self-made man. who has
worked his way from the botto'
the ladder to the top and IL now
reaching down helping hand 70 a.
bis struggling and less able brother;
man who IL a director In a COM
1any that practices profitsharins with
i<e employees, maintains an employees
benefit association, and pension
plan. and makes money besides"
This man." he added. lis going TO
talk to ns today on the subject: IT
a the Function Of the Law to Define
and Punish Wrong Doing and Not to
Throttle business
Those at the speakers table, be-
.Ides Mr. Perkins and Mr.. McRae,
acre. s. Il Smith, william r. Orr,
rank H. Conant, Bernard 0insburg,
b. Smith. Henry B. JOY. Jeremiah
nuyer. A. u. Holmes, z. H Doyle.
LOCAL Manager Timlin. of the New
York Life Insurance Co, with which
Ar Perkins has long been identified:
a d. pope and Lucius r. Wilson, Sec
refary Of the Board of Commerce.
Nr. Perkins speech follows In part:
Mr.. perKIns speech.
one occasionally hears the opinion
Expressed that the people OF THIS coun-
<fr would never consent to the enact
1Ient OF any legislation, by wnich Ine
<|>rfnan law could be amended. Two
|mnortant facts seem TO have been
1veIlooked In connection with this mat
20, First that the sherman law as IL
&<ands was passed by congress with
1uf the people having had an oppor-
|unity 20 vote on y; second. that 0Sr
|n3 the law: for the Republican party,
~ ife national convention In June.
1909. adopted a platform which dealt
/argfly with business questions iRe
#|nnk on trusts was AZ follows:
The Republican party passed tho
sherman anti trust law over Dem
offatic opposition and enforced
after Democratic derenction. ~
has been a wholesome instrument
FOR good IN the hands OF wise
and fearless administration. But
Experience has shown that It's et-
f&ffiveness can be strengthened
and It's real objects better attained
~ hnch amendments as Will give
10 the federal government greater
rIpervfsion and control over ana
mana cement OF that class OF cor
Iorntfons engaged In interstate
fbmmerce having power and OPP
Cprtunity 20 enect monopoiies.
||t nepublican party took credit for
/.<|nr passed the Sherman antitrust
+. .< that II took credit for the fact
||.{ mat law had been a whole wholesome
.|.| and fearless Administrations: but
#./ Experience had shown that the
.<flveness OF the law could be
1ftained by such amendments as
..%.|1 give TO the federal government
..Ier supervision and control over
.| secure greater publicity In the
@. engaged In Interstate commerce
ire mower and opportunity 10 offcct
.. Innlies There IL no mistaking the
|mnre used The Republican party
trsed Itself az being In favor Of
rIing the Sherman act u clearly
|/&fcd that there existed companies
-|.m spower and opportunity IN
..| monopnlies.- and also clearly In
<|I the lines along which the law
...|| no amended
Drmerrnfte Trust PLANK.
|/# uemocratic party at the same
. Al tho trnst plank of It's Mat.
.|. among 0ther things. declared for
-.IItr that would prohibit the con-
/| ~ manufacturing or trading
./rIn tIon. engaged IN Interstate com
III. ~ more than 80 per cent Of tho
amount OF any prod ret consumed
||/ United states.
.I|| snrh pIa fforms and after such
..|1nnInn the people voted ON the
a.. Submitted and. by plurality OF
- . million ana quarter votes. 70.
&| |hh RepuhIIcan party 10 power
/|{I The leeisiatlve and executive
|.t ala the legislative branch IN
|.||I out It's beliefs on the trust
.|.1 ~ fxpreased 20 the people In
-.ft|h rIafform and ~ ~ cam
~. .T1lrItnla4 n did nothing II
'|> question just where Il had