New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-08-07

ness man. but from the STANDPOINT oi
the self-interest or The wage "orhr ahe
the consumer, We desire mat pusliie.s
shall prosper; but IL shOuIL oe ~ ,aLa
me shape Of good wages 10 the Nd5S
worker and reasonable prices 70 the con
sumner. while investors and ouslhess I4N az
are insured just treatment, anu NIL is
protected as sedulously as the "aoe
worker himself r,tsor.
from 800 10 lge, | pointed OUT ll"t 49, -
the antitrust law alone II was nti ,,ses
possible TO put stop to business aOu. s5
nor possible to secure the hignest III IN,
cirncv IN the service rendered by Dust y 5S
10 the general public. NJ ahSl oot,. and
"a hereafter shown, must pc TsnueIS1
more effective IN the cases where IL az
piled But to treat the ant-trust law -
an adequate, or as by itself wise rhe;a1
ura OF relief and bctterment Is slbh
not of prograss but OF tory ism ana re-
acton II has been OF benefit SO tar a,
IL has implied the recogniton OF IS ~
and great evil aud the At least sp0rauls
anDlIcation Of the principle that all men
alike must obey tho law. But as hoit
remedy universally applicable II has ~
actual practice completely broken doWu :
az now applied II works more hhSCilsss
dian beneft Il represents the waste OF
efort-slways damaging TO = community y
which srises from the sttempt 70 nlt:'
new conditions BY the Application OF QUIZ
worn remedies instead OF feaFiessiy auc
In common sense fashion facing the new
conditions and devisine the new reuleule,
which alone can work enectlvely TOT soOH
Colonel Roosevelt declared that the
views Of President Van Hise OF the Uni
vcrslty Of Wisconsin in his scientific Work
on trust regulation were IN HARMONY
with the programme OF the national Pro"
crcssives and added
The only effective way IN which 70
regulate the trusts Il through the eNeI
else OF the collective power OF our people
a d whole through the governmental
agencies established by tho Constitution
for this very purpose. Grave injustce
is done by the Congress when IL iths
% give the national government CON-,
uIete power In this matter, ana Sun
graver injustice b. tho federal courts
when they cndeavor IN any way % pare
down tho right o! the people Sohectlyelg
20 act IN this matter a. they qeein WISE,
such conduct does itse!f tend 20 caure
tho creation OF a twilight zone IN which
neither the nation nor the states nave
power.
Fcrtunstely. the federal courts have
more and more az recent years tenneo
To- ADOPT the true doctrine which IS that
all these matters are 70 be settled by me
people themselves. and that the con-
science OF the people. and not the prefer
ences OF any servants OF the people; -
20 be the standard IN deciding NhAt
action snail bo taken by the people.
II is utterly hopeless 20 attempt 70
control the trusts merely by the anu
trus, law. or ~ my law the same Ia
principle. no matter what the modincs-
lions may be ia detail In the first place
these great corporations cannot possibly
be controlled merely 0v succession OF
lawsuits The Administrative branch OF
the government must exercise such con-
troll The preDosterOus failure OF the
Commerce Court has shown that only
damage comes from tho effort 20 sibsu,
t,fa judicial for administrative control
of great corporations. In the next place
q loosely drawn law which promises 70
do everything would reduce bushes. to
complete ruin g. 10 Sere not also 80 Drawn
as to accomplish almost nothing.