The Calumet news., 1912-08-06

size OF einclency, on the ground that
all bigness is badness. and littleness
and weakness "A sign of virtue What
is needed Is action directly the reverse
OF that thus confusedly indicated '
There should be applied to all indus
trial concerns engaged i'm inter state
commerce In which there is either
monopoly or control of the market the
principles already adopted "in regu-
lating transportation concerns engag
ed Ia such commerce. The antitrust
law should be kept on the statute
book 70 be invoked against every big
concern tending to monopoly or gull
ty of anti-social practices. At the
same time a National Industrial Com
mission should be created which
should have power TO con-
troll all the great Industrial concerns
engaged i'm Interstate business
which practically means all OF them
In this country. This commission
should exercise over these Industrial
concerns like powers to those exercis-
ed over the railways by the Interstate
Commerce Commission and over the
national banks by the controller of the
currency, and additional powers II
found necessary" The commission
should have free access TO the books
OF each corporation and power TO find
out exactly how II treats its employees
It's rivals. and the general public.
A II.
under the commission should not be
prosecuted under the antitrust law as
long rs ii obeys I'm good faith the or
ders Of the commission. The commits
sion would be able To interpret i'm ad-
vance TO any honest man asking the
Interpretation what he may do and
what he may not do I'm carrying on g.
legitimate business" When corpora o.
uons not submitting themselves to thu
regulation Of the commission or clear.
ly eyading or violating it's orders are
prosecuted under the antitrust law
and convicted. the commission should
have the duty of seeing that the de-
cree of the court is put into effect
completely" only i'm this way can
there be avoided "such gross scandals
as those attendant upon the present
administrations prosecution of the
Standard oil and the Tobacco trusts, ="
q prosecution which has merely re-
suited i'm increased prices to the pub
lie, injury to the small competitor,
and actual financial benefit to the
trusts themselves. "The Progressive
proposal is definite, it is practicable
We promise nothing that we cannot
carry out, we promise nothing which
will jeopardize honest business.
our proposal IS to help honest busi-
ness activity however extensive. and
to see that II is rewarded with fair
return. so that there may be no op-
preston either Of business men or the
common people We propose To make
Il worth while for our business men
10 develop the most efficient business
agencies for use in international trade;
for ii is to the interest of our whole
people that we should do well i'm in
ternational business But we propose
&c make those business agencies do
complete justice TO our own people"
Where these concerns deal with the
necessaries of life. the commission
should not shrink If the necessity is
proved, from going to the extent OF
exercising regulatory control over the
conditions that create or determine
prices"
1t Is imperative 20 the welfare of our
people that we enlarge and extend our
foreign commerce. We are pre-emi-
nently fitted to do this because as a
people we have developed high skill
In the art of manufacturing: our
business men are strong executives,
strong organizers. In every way pos
sible our Federal government should
cooperate in this important matter.
Any one who has had opportunity to
study and observe first hand Ger
many's course i'm this respect must
realize that their policy of co-opera-
tion between government and business
has i'm comparatively few years made
them a leading competitor for the
commerce Of the world. II should be
remembered that they are doing this
cn a national scale and with large
units Of business, while the Democrats
would have us believe that we should
do IL with small units Of business,
which would be controlled, not by the
rational government. but by forty
rine conflicting state sovereignties.
such a policy is utterly out of keeping
with the progress of the times AMI
gives our great commercial rivals in
Europe hungry for international,mar-
kets-golden opportunities of which
they are rapidly taking advantage.
Social and Industrial Justice.
Referring to the opening sentence of
his address, namely, that we are now
IN the midst OF a great economic rev.
Mr.. Roosevelt presents an
advanced and comprehensive plan to-
insure the rights and better conditions
for labor. He gives il the paramount
place In his speech "The first charge
upon the Industrial statesmanship of
the dav." he said. ais To prevent hu-
man waste. The dead weight of or
phanage and depleted craftsmanship
Of crippled workers and workers suf-
ferng from trade diseases. of casual