The Tabor independent. [volume] (Tabor, S.D.) 1913-19??, 1914-01-22
courts. but also by independent sug-
gestion. II necessary.
No Immunity Baths.

ENH ~ NW# AZ MF.N4 IH"L.
No Immunity Baths.
''Inasmuch as our object and the
spirit OF our action in these matters IL
to meet business half way in its pro-
cesaes OF self correction and disturb
Its legitimate course as little AZ pos
sibie. we ought to do Ii and the judg-
ment OF practical and sagacious men of
affairs everywhere would applaud us
II we did see to It, that penalties and
puniskments should fall. not on bust
ness itself. to it's confusion and inter
ruption, but on the individuals who
use the instruments OF business to do
things which public policy and sound
business practice condemn. Every act
OF business Is done at the command
or on the Initiative of some ascertain
able person or group OF persons. These
BILE and the punishment should fall on
them, not on the business organization
of which they have made Illegal use.
1t should be one of the main objects OF
our legislation to diyest such persons
Of their corporate cloak and deal with
them as with those who do not repre-
sent their corporations, but merely by
Businessmen the country through
would, I Am sure, applaud us II we
were to take effectual steps to, see
that the officers and directors OF great
business bodies were prevented from
bringing them and the business OF the
country into dis,Nepute and danger.
I~ntsrlockina Directorates.
Other questions remain which will
need very thoughtful and practical
ern days OF great individual fortunes
are often times interlocked, not by be-
ing under the control OF the same d.
rectors, but by the fact that the great
er part OF their corporate stock 10
owned by q single person or group Of
persons who are In some way intimate
ly related in interest. We are agreed.
/ take II, that holding companies should
be prohibited. but what OF the con-
trolling private ownership OF indiyidu-
ais or actually cooperative groups Of
~indiyiduals2 Shall private owners of
capital stock be suffered to be them
selves In effect holding companies? I
don't propose to prohibit the purchase
OF stocks by any person who pleases
to buy them In such quantities as he
a afford. or in any way arbitrarily
to limit the sales OF stocks to bonaflda
purchasers. Shall we require the own
ers Of stock, when their voting power
In several companies which ought to
be Independent OF one another, would
constitute actual control, to make cleo
ton in which of them they will exercise
their right to vote? This question I
venture for your consideration.
Right Of Redress.
There is another matter in which
imperative considerations of justice
and fair play suggest thoughtful rem
edial action. Not only do many of the
combinations effected, or sought to be
effected in the Industrial world, work
an injustice on the public In general:
they also directly and seriously injure
the individuals who are put out of
business in one unfair way or another
by the many d~islodging and exter-
minating forces of combination. / hope
that we shall agree in giving private
individuals who claim to have been
injured by these processes the right to
found their suits for redress on the
facts n judgments proved and en-
tered In suits by the government
where the government has on It's own
initiative sued the combinations COM
planned of and won it's suit, and that
the statute of limitations shall be suf-.
fered to run against such litigants
only from the date of the conclusion
of the governments action. II Is not
fair that the private htigant should be
obliged to set up and establish again
the facts which the government has
proven. He cannot afford, he has not
nv WV "a ~ AAANhO NoS "a SdSAA DAON
cesses Of inquiry as the government has
command OF. Thus shall individual
justice be done while the processes of
business are rectified and squared with
the general conscience. .,,.n
II nave laid the case before you, no
doubt as 1t lies in your own mind, as
1t lies in the thought or the country.
What must every candid man say Of
the suggestions 1 have laid before you,
of the plain obligations of which / re-
minded you? That these are new
things for which the country Is not
prepared? No; but that they are old
things. 10 familiar. and must of
square u laws with the thought and
desire Of the country. Until these
things are done. conscientious bust
ness men. the country over, will be un-
satisfied. They are in these things our
mentors and colleagues. We are now
about to write the additional articles
of our constitution Of peace, the peace
that - honor and freedom and pros
perity."
President Wilson left the White
House at 1910 o'clock to deliver his
message on trust legislation to O joint
session Of congress-. Both the House
and Senate met at noon and recessed
while the senator's two by two, filed to
the hall of the House for the presi-
dents address about 1880 o'clock.
House galleries were packed. Mrs.
Wilson and others of the presidents
family occupied places while the diplo-
matte corps was Well represented and
the floor was crowded with various
government officials. A joint COM
mittee met the president in speaker
Clark's office to conduct him to the
rostrum.
The president arrived at the capitol
al 1925 o'clock. Both houses were as
sembled and waiting for his appear
ance.
CoIorfu. Scene.
The president was ushered into the
crowded chamber at 1929 o'clock
while the audience rose and gave him
prolonged applause and cheers. The
president took his place at the clerks
desk and began reading promptly at
1890 o'clock. His auditors gave rapt
attention.
The c was a Colorful one and
no less dramatic than on any of the
previous occasions when the president,
setting aside precedent that had pre-
vailed since George Washington's time,
came to the halls of congress to ad-
dress the national legislative body in
person. The high banked galleries
presented a wave Of color. On the