The Birmingham age-herald., 1911-11-08
DAWES ASKS COURT OF BUSINESS MEN
 TO PASS ON TRUST
CONTINUED FROM PAGE D

may, by law, scatter family and drive tue children from the family home, but law cannot create them enemies, nor can the tie of self interest In these corpora tons be obliterated by measures which relate simply to outward forms.
 The policy of the administration in these will result only in compelling the scat tered constituents, still allied In com mon interests and ownership. to do their business at a somewhat greater cost, which the public will chiefly pay; but it can no more restore the old condition of competition than it can compel a man to bid against himself at public auc- ton.
 We are all affected by the attitude wkich the government is now taking apon this question. No man who la bors with his hand can stand by In safety and expect to see the rich suffer and himself escape. He may feel that be does not receive his full share of ihe product of the enterprise of which he is a part, but he will not be helped by having the enterprise crippled.
 Easier to Destroy Than Upbuild
 It is easier to destroy than to upbuild An iron bolt thrown by an ignorant or a ruthless hand into a great engine rum hing at full speed may destroy it. One man may destroy a building upon whose energies thousands have toiled. The agents of government, now so active in throwing missiles into the great machine Of national industry, will assaredly make their impression.
 But it is of little use to rail against mistaken methods of securing progress. The administration if doing nothing more, is at least demonstrating the inef- hciency and inutility of the sherman an- thrust law. What we as business men s;lould turn our minds to at present is the proper steps to be taken in legisla- ton which will be forward and not back ward.
 The recent attacks upon business have frightened many into the advocacy of III considered measures Federal license of corporations in the present state of our laws will increase our dangers, for ' will oply invite additional attacks or additional restriction upon the proper and legitimate business of corporations.
 As matter of fact federal license is mainly advocated by men who seem to feel that this would relieve them from administration attack, provided they car sy out directions which they assume the law will in some way include. Federal
 license in itself does not mean protec- ton.
 Cites Case of Second Bank
 The fact that the Second Bank Of the United States was chartered lE the gov elnment was only an invita- Don to the Jacl son administration to desE Troy it, and when it was destroyed, amoRg it's chief ene1ies were the governrrsht directors oi she bank, who had actel /hs spies.
 Federal license may be- an incident tt the proper solution of V problem. bu' in itself it is no more solution of the fundamental principles stake than is the Sherman antitrust Aw. We should
 however, nave a new A upon our stat. ute books during this transition period when we are solving tn true relationship of the old theory of co petition with the new condition of coo (ration-while WI are seeking to find tn proper legislative expression of the con promise between