The Fulton County news. [volume] (McConnellsburg, Pa.) 1899-current, 1911-11-23
ROOSEVELT ASKS
MORE TRUST LAW
Colonel Gives His Idea OF, a
Square Deal.
PRESENT STATE Is CHAOS
Calls Supreme Court Decisions Mis-
carriage or JustIce-Denles
Being Misled In Steel
Merger.

New ork.-Recent litigation and
+ legislation to regulate the trusts is dis
cussed and remedy to meet the pres
ent situation suggested by Theodore
Roosevelt in an editorial entitled,
THE Trusts, the People and the
Square Deal" published in the Out
| look.
THE suit against the Steel Trust by
the Government, Mr.. Roosevelt be.
gins, has brought viyidly before our
people the need of reducing to order
our chaotic Government policy as re.
CARDS business" lie concludes With
! the following recommendation:
"The national Government exercises
control over Interstate commerce rail
roads, and il can in. similar fashion,
through an appropriate governmental
body exercise control over all in.
dustrial organizations engaged in
interstate commerce. This control
mould be exercised not by the courts
but by an administrative bureau or
board, such as the Bureau Of Corpora
tions or the Interstate Commerce
Commission, for the courts cannot
with advantage permanently perform
executive and administrative func
tions."
Denies Steel Trust MsIed Him.
81 believed at the time that the facts
In the case were as represented to me
on behalf OF the Steel Corporation, and
my further knowledge has convinced
me that this was true. believed al
that time that the representatives OF
the Steel Corporation told me the
truth as to the change that would be
worked in the percentage of the bust
IS which the proposed acquisition
would give the Steel Corporation, and
further inquiry has convinced me that
they did so. was not misled.
Says Lawsuits Do Not Regulate.
Returning TO the main subject, Mr.
Roosevelt continued:
ITO attempt to meet the whole
problem not by administrative govern
mental action but by a succession OF
lawsuits is hopeless from the stand.
point OF working out a permanently
satisfactory solution. Moreover, the
results sought to be achieved are
achieved only in extremely insufficient
and fragmentary measure by breaking
up all big corporations, whether they
have behaved well or i'll, into a mum.
Der Of little corporations, which It is
perfectly certain will be largely, and
perhaps altogether, under the same
control. Such action is harsh and mis-.
chievous If the corporation is guilty of
nothing except its size, and where, as
in the case of the Standard Oil, and
especially the Tobacco trusts, the cor.
poration has been guilty of immoral
and anti-social practices, there is need
for far more drastic and thorough.
going action than any that has been
taken under the recent decree of the
Supreme Court.
Calls II Miscarriage OF Justice.
Surely, miscarriage CT justice is not
too strong term to apply to such q
result when considered in connection
with what the Supreme Court said of
this trust.
"The effort to prohibit all combina.
tions, good or bad, is bound to fail,
and ought to fail. When made, it
merely means that some of the worst
combinations are not checked and that
honest business is checked. Our pur.
pose should be, not to strangle bust.
ness as an incident of strangling com.
bnations. but to regulate big corpora.
tlons in thoroughgoing and effective
fashion, so as to help legitimate bust.
ness as an incident to thoroughly and
completely safeguarding the interests
of the people as whole.