The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1911-12-28
COL. GR|GSBY OUT FOR
UNITED STATES SENATE
SIOUX FALLS MAN TO OPPOSE
GAMBLE AND STERLJNG-HAS
TWO PLANKS IN HIS pI,Az.
FORM.

Sioux Falls, s. D.--Coloncl Melvin
Grigsby OF this city, formerly attor-
~ attorney general of the state, to-
day announced himself q candidate
for the repub.icaa rca.. ",.l. "a, the
United States senate, subject tc the
will OF the voters at the primaries to
be held on the 4th day of June. The
following is the colonel's official an
"nouncement in part:
TO the Voters of South Dakota:
| hereby announce myself as a cam
didatc for the Office of United State;
senator from this state, subject to
the will of the voters at the coming
primary election.
The control of trusts and the reg
ulation of corporations was the sole
topic of the presidents late message
to congress, and may. therefore,, be
considered the paramount political
question now under consideration by
tllt pCOple Ol tD1S natlOn.
How to get the government of
this nation out from under the con-
troll of big business is O the ques-
tion that conlronts the plain people.
"One remedy suggested is the crea-
ton of a federal corporate commits
sion. The record already made by
the lately created commerce court
initiates against the creation of any
more appointivc Offices.
81 have studied and discussed this
question for years and watched leg
fislation ana | have como to the con-
'clusion that the most effective way to
regulate and control corporations is
to limit by law the amount of capt.
tai that a be used by any corpora
ton engaged in interstate commerce
business. Prohibit any such corpora
ton or the officers or directors from
owning stock in any other corpora
ton and require the books to show
all dealings and to be open to pub
lie inspection. Under such u law
there could be no trusts. The fixing
of the limit of capital would be a
matter of detail. There Is no neces-
sity for u corporation to be large
enough to control even one-tenth of
any general line of business. Limit
ing the capital would increase the
number OF corporations In each par
ticular Ike and cause them to be
scattered over the whole country,
thus bringing the manufacturer and
the producer closer together, saving
transportation both ways.
Amendments to the Constitution.
THAT the constitution should be
amended so that taxes on incomes
could be provided for by law was
strongly recommended by Roosevelt
and was also urged by President Taft
in his first message to congress.
Each of the nine-tenths who own
only one-tenth of the wealth is on an
average annually paying $3.50 for the
support of government that should
be paid by the other one-tenth. I'm
der this system We are violating that
principle of government
which requires each citizen to con-
tribute to the support of the govern
ment in proportion to the amount of
property he owns.
THE evils OF the present system
can in part be remedied by a grad
uatcd income tax, which requires an
Of the constitution.
eve need another amendment to
the constitution SO that a limit can be
placed on the terms of Office of Unit
ed States judges. AT the time of the
adoption of the constitution the pres
ident might have personally known
every man appointed to the bench
for life. We have o%utgrown these
conditions. Political pull and cor
poration influence now have much to
do with the appointment of judges
and then when they so wrong the
people have nc remedy.
They can only be removed from
Office by Impeachment, a remedy too
much complicated and too expensive
to be available. If a judges term OF
Office we're limited to six years he
would probably render better service
in order to secure reappointment. and
ii for any reason he should be a fail
ure the people could protest against
a reappointment.
There are nor about $50 81 these