Bisbee daily review., 1912-08-07

anarchy nor socialism, but on the con trary. corrective for socialism and an antidote to anarchy.
 Constructive Control of Trusts
 In addition to punishment for wrong.doing by the trusts, the imper- atiye demand is effective and com plete regulation. The views of Presi- dent Van Hise. of the University of Wisconsin. in his scientific work on trust regulation are in harmony with the program of the national progress ives. The present conditions of bus mess cannot be accepted as satisfac' tory" The reason for this Is ex- plained. in MT Roosevelt's opinion, by the fact that those dealing with the subject have attempted to divide into two camps, each as unwise as the other" One camp has fixed its attention only on the need for pros
 perity-'prosperity to the big men on top, trusting to their mercy to let something leak through to the mass of their countrymcn below. which in effect, means that there should be no attempt to regulate the serocious scramble in which greed and cunning resp the largest rewards" The other camp has so fixed its attention upon the injustices of the distribution of prosperity. emitting all consideration of having something to distribute, and advocates action which, it Is true, would abolish most of the inequalities of the distribution of prosperity, by only the unfortunately simple process of abolishing the prosperity itself '" ssF s,, -f,A of the republican party IS to, give spe, cial privileges to big business, and to correct the evils of such a course when they become crying, by sporadic lawsuits under the Antitrust Law. The tendency of the democrats, judged both by their record in con. gress and by the democratic platform, is to abolish all business Of any size or efficiency. 'oi the ground thar all bigness is badness. and littleness and weakness a sign of virtue. What is needed in action directly the reverse of that thus confusedly indicated. " There should be applied to all indus trial concerns engaged in interstate commerce in which there is either monopoly or control of the market the principles already adopted in reg. ulating transportation concerns en- gagged in such commerce The Anti. Trust Law should be kept on the statute-book to be invoked against every big concern tending to monop- oly Or guilty of anti-sociel practices. At the same time 8 National Indus trial commission srould be created which should have complete power to regulate and control all tine great in. dustTial concerns engaged in inter state business-which practically ! means all of them in this country This commission should exercise over these industrial concerns like powers ! to those exercised over the railways | by the Interstate commerce commis, ! sion and over the national tanks by the controller fcurrenCy. and addi Jional powers if necessary" The com. | mission should have free access to ! the books of each corporation and i power to find out exactly how Ii treats its enlployes fits rivals. and i the general public. Any corpor ! atiOn voluntarily coming under the ! commission should not be prosecuted under the Antitrust law as long as 1t obeys in good faith the orders of | the commission. The commission
 would be ahl. to interpret in ad Tvance to any honest man asking the | interpretation what he may do and what he may not do in carrying on a legitimate business" When CorpOr
 ations not submitting themselve: to the regulation of the conn issiof or clearly eyading or violating its orders are prosecuted under the Anti Trust law and convicted. the commis
 sion should have the duty of seeing
 that the decree of the court is put
 into effect completely" Only iT this way can there be avoided 'sucf gross scandals as those attendant
 upon it's present Administrations prosecution of the Standard oil anc the Tobacco Trusts" a prosecution
 which has merely resulted in in creased prices to the public. injury
 to the small competitor, and actua financial benefit 10 the trusts them
 selves. The prog~essives proposa
 is definite, it is practical We prom ise nothing that we cannot carry out
 we promise nothing which will jeop ardize honest business. Our pro
 posal is to help monest bushes.
 activity, however extensive and t' see that it is rewarded with fair re turn. so that there may be n' 1 oppression either of business mel for the common people. We propose q
 make it worth while for our bushes.
 men to develop the most efs'cien
 business agencies for use in interna
 tioHal trade: for it is to the interes
 of our whole people that we shoul,
 do well in international business. Blu
 we propose 10 make those business | agencies do complete justice to On Town people Where these conceTni
 deal with the necessaries. of life, tn,
 commission should not shrink, if th'
 necessity is proved. from going C
 the extent Of exercising regulator
 control over the conditions that ere
 ate or determine monopoly prices.
 It IS imperative to the Welf1re 0
 our people that we enlarge and eA
 tend our foreign commerce. We ar pre-eminently fitted 10 do this bs cause as a people we have develope
 high skill in the art of msnufactul
 ing; our business men are stron executives, strong organizers ! every way possible our federal goi ernment should cooperate in thi important matter Anyone who la had opportunity to study and .ohsery at tm.