The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1911-09-29
TRUST FIGHT
tContinusd from Yirst Par,l


Ical associates. Let us have Iegisla-
ton that helps. or an absence OF
legislation II II be unnecessary.
Let us approve and praise the
great business enterprises and genius
that honestly and by proper methods
accumulates property and puts II into
productive industries. that support
thousands of workmen and furnishes
proht TO those whose savings have
gone into the shares and bonds OF the
enterprise.
Business Oistrust.
Business is halting now. There
Is doubt and distrust among invest
ors. due 10 fear OF blind enmity To-
ward successful enterprise What is
the remedy? Ii is the restoration OF
confidence between the classes OF
persons who have been opposing each
other In times past. who now. after
the reforms are initiated and are in
progress OF being effected. ought 10
come together in amity and make the
best use OF the enormous resources
We have in this country for the pro-
motion OF general prosperity and the
securing and announcement OF indi-
vidual happiness"
Mr. Taft spoke in the public park
day. and the ground was Soaking
wet A crowd of several thousand
listened intently to him and applaud.
ed vigorously when he concluded.
The Presidents first day in Iowa
vas one OF large crowds all along the
ane from Council Bluffs to Waterloo.
IN most or his speeches Mr.. Taft
Tdwef upon the tarir. He again prom
USED to recommend reductions in the
Evarious schedules as the tariff board
Teports upon them. and 20 sign any
pilIs based upon these reports.
\ v. S. and Big Business.
me president said: 1 wish to in
Nite your attention to the relation OF
the Federal government and the fed
-eraI statutes to the business of this
couh'rN, It's legality and it's prosper
1tN. Their" arc four most Important
points at which the policies OF con-
gress and the federal executive touch
the business OF this country in such
vital wa that the people are en-
titled Ia have the greatest care. in
dustrN and application characterize
governmental action I'm respect TO
them. They are. first. in respect OF
inters'ate commerce and the recula-
tion OF railroads and the rates OF
transportation between the states:
second. In the enforcement OF the
laws forbidding combinations to mon
opolize Interstate trade in Industrial
companies: third. in the amendment
OF tariff legislation affecting chiefly
inc manufactures Of tn" country: and
Fourth. in the furnishing for the us.,
oil the business VI the country a pro
per banking and currency system
Whlch shall automatically give an
elastic currency. expanding and con-
tracting according to the business
methods, and inspiring confidence
shall prevent panics.
FIRST. In respect to the regulation
or railroads and the prompt remedy
Ing or unreasonable and undulv dis
CrlmihaunE rates. "" have progressed
far toward n satisfactory solution In
the last administration the power was
given 10 tho Interstate commerce
commission to fix railway rates. ~
having been decided that tho func-
lions 81 the Interstate commerce
Commission. then conferred. went on
Is So far as 10 find that a rate WIS
unreasonable. hut did not include the
power Of fixing reasonable rate
W Non the FIRST regular session OF
congress met I'm my administration 7
urged upon the Congress the neces-
sitN for further legislation looking to
more complete control and rsgula-
lion ~ railways i'm respect to rates
tnan had heretofore becn given
recommended the establishment Of a
commerce court which should absorb
All the reviewing Jurisdiction which
circuit courts had Heretofore had to
consist 81 five members with the
nope that this might secure greater
expedition and greater uniformity I'm
ruling and a promptcr disposition bv
the supreme court 81 cases PASSED
upon by the Interstate Commerce
Commission.
Taft Recommendation.
recommended that cases affecting
the interstate commerce should he
nut under tho direct control ~ tho
Department az Justice. and that tho
proceedings after tho order had been
made I'm the Interstate Commerce
Commission should be brought for or
against tho United states. and not
against the commission. as thereto
fore
recommended that shippers should
have some easy and practical method
or ascertaining a rate applicable to
any proposed shipment IN advice in
writing. with penalty for a failure
20 furnish g.
recommended that the commission
he authorized 20 act on it, own in
itiative. az we'll ~ upon M. complaint
or any individual. respecting the rem
sOnablencss - any part or The fair
ness ~ any practice. and that tho
commission should Do ernpov ercJ 90
pass upon the classification ~ com
modlf!es. as well ~ upon their rates
that having BON Ieft in doubt under
the previous law
also invited attention 90 tho in
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