The advocate. [volume] (Charleston, W. Va.) 1901-1913, 1912-10-24

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lectu'al Development to got al. ths
subject which he had been burning
to approach All the. aftesnoon1--t6e
issues Of the, campaign. *. %. : u,
=. Understand" he said, "Itm NOT
for ~mohoply: when we can help It:
We intend to restore comptition; we
intend to do away. with the condi-
lions that make for monopoly. j Bit
there are certain monopolies which
you cant. prevent., i understand
monopoly. But II 1T were. what
would be tho use Of splitting np the
steel Trust into three companies,
controlled by Morgan, Carnegie and
Rockefeller, say?, Would It ameli-
crate conditions at all? Would 1T
make the prices lower to the c6nsr-
mer,Hthe wages AMI: conditions high,
or for the worker? Don't you sup
pose those three fellows would agree
on prices and methods unoificially?
Here's one Of your examples of free
competition, / saw while ago the
plant of a competitor Of the Stee.
Trust. The wages were lower than
those Of the trust,;sth hours were
longer, the conditions in every way
is one OF the concerns up
on which The Survey came down the
hardest. How would it help five
should restore such competition as
that? Tho Standard OH Company
has been officially broken up. Thu
result is higher prices for the public:
and just as big dividends for the
NEUTRALITY-SUSPICIOUS. barred no
advance. for the workers.
THE truth is, In, this discussion
they're losing sight OF the main
thing-men and women. We're for
men. :, Free competition and monop-
ly--they're all the same thing unless
You improves the condition of the
workers. - = * = .. 40: ...*~;>> W..
my plan was pretty we'll laid out
before I left thet White House. Put
them <nnder, a strong Federal Com
mission, :. Max Q Them open up their
books: Where We md violations of
the spirit or the. letter Of the law,
apply such laws as, we have and
where we have none, make others
to meet the conditions. In case of
persistent violations of laws to pro
tect the workers and the consunSrs,
appoint a receiver. Why not:
There's nothing revolutionary in it..
The Interstate Commerce Commits
sion has almost as much power, and
we go exactly as far in the bank
ing department.. Run them, as W.,
do the banks. Demand the right t.,
know what they're doing; If They're
doing wrong, hit them; If. they CON
tinue to do wrong, clap receiver
ship on them, keep; it. on until
they're Strengthened ;out. and, restor
them" here RooseYelt's voice took
ON the strident;. note y = restore them
to "a. cnastened 'ownership-fne
growing concerns, but going In the
right direction. Co.,. -
do you know one of the impress
:sions got in those years of fighting
in the White House? 1t, was a con-
tempt for the merely rich man. Not
contempt for wealth, but for the
aims and uses of wealth as things
have gone in our worst period. The
tremendous, 81. corruption use CT
wealth in our. ,affairs-that was the
thing which struck me most. What
patriotism, that spiritual end, is
there in most merely rich men. II
case, of war, DO You SUPPOSE they
would send thei T. sensI DO Il they
feel any obligations except, TO their
own fortunes? If they: do some.
thing with it, that's different. When
I heard of George Perkins, making
millions in Wall Street, helping CON
troll the financial situation, he meant
nothing to me-, When I found he
was anxious to do such work as, for
instance, getting >Palisade Park over
there for the people, then I became
interested in him.
And that" concluded Roosevelt.
as his secretary laid down" before
him that sheaf Of telegrams which
pour In night and day upon nation
al candidate, SIS what we're after
Break the shameful abuses OF wealth
Restore his reward to the man who
did the work. Back Of all this tal7S
about monopoly and competition is
the question, What are you. going
TO do for women and men?' "
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Don't be talked INTO paying hioI,
prices Tor SHOES aS q = Mons~3eo.sn