Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-01-21


/ it has clarified itself by long contest
ana those who for q long time bait
I tied with Il and sought % change Il
I arc now frankly ana houofahy yield
ing TO ii and seeking 90 conform their
actions to it
The great business men who orr
eanIzed and financed monopoly ana
those VINO administered 1t in actual
I everyday transactions have year after
/ year until nov. either denied lies ez-
iaieneo or justified il ITS necessary for
I the effective maintenance ana devei-
[ 1pment Of The vast business processes
( ~ the country but all tbe while opn-
I icn has made Roadway against them
The average business man is con-
WINGED that the ways of liberty are
also the ways Of peace and tho ways
of success as well and ri last the
mdstefs OF business on the great seale
have begun TO yield their preference
/ ana purpose, perhaps their Judgment
also, IN honorable surrender
What we are purposing no do,
therefore, Isl happily not To- hamper
cned business men prefer b do TO- or
~ amy sense 10 put ID under the ban
1 The antagOnlsm between business and
government is over We are now
about 20 give expression 90 the best
business Judgment of America, 70
whai wc know to be the business com
science ana honor Of the law The
ready to meet each other half way in
common effort TO square business
methods with both public opinion and
the law The best Informed men Of
the business world condemn the meth
ODDS ana processes and consequences
oi monopoly as we condemn them;
and the instructive Judgment Of the
vast majority Of business men every
where goes with them. We shall now
bc their spokesman That is the
strength OF our position and the sure
prophecy OF what win onsue when our
reasonable work Us done
When serious contest ends, when
men unite i'm opinion and purpose.
/ those who are 20 change their ways
Of business joining with those who ask
for The change Il is possible TO effect
+ it In the way which prudent and
thoughtful patriotic men would wish
/ 90 see ID brought about. with as few
aa slight, avs easy and simple business
Establishments as possible in the cif-
Cumstances, nothing essential dis
turbed, nothing torn up by the roots
no parts rent asunder which can be
left in wholesome combination For
|tunatcly no measures of sweeping or
novel change are necessary IL VIII
Boz understood that our object is not
O. uusottle business or anywhere scri-
ousy 20 break its established courses
athwart on the contrary we desire
the laws we are now about TO pass 70
I bo the bulwarks and safeguards of in
dustry against the forces that have
disturbed H. What we nave TO 40 can
bo done in "a new spirit, in thoughtful
moderation without revolution of any
untoward kind
"Ne are AN agreed that private
monopoly is mdeienHblo and iutolera-
blc and our program IS founded ON
that conviction 10 VIII Doe compaf-
alive but NOT radical or unJccepta-
bic program and those arc its Items
lhe changes which opinion dclibcr-
atek sanctions end tor which business
aWWts
30 awaits wth acQuieseence, ion The
Glsj place. for laws which Will et-
fee,ualy prohibil aud prevent such
iutcrlpcSugs 81 the personnel OF the
drectoratcs Of great corporations
banks and railroads industrial COM
mergial and public service bodies
as u effect would result in marking
those who borrow ana those who lend
practically one and thc same those
who sell ana those Who buy hut the
same persons trading with one am
other under different names and IN
different combinations and those who
alfeet 10 compete No fact partners and
masters of SOME whole field oft husi-
mess. sufficient time should bee all
lowed. of course, zoo which TO effect
these changes oi organization, without
Inconvenience or confusion.
Such % proposition VII work much
muIo Cham "a Nero negative good hy
zorro Ting the serious evils which
have arisen because, for example The
men WHO haN boon the directing
spirits uf The srca. investment hunks
have usurped the place which belongs
+ 10 independent Industrial management
working n lis own behalf W viii
bring NOW mea ueV euersies. a neW
apIit Of initiative. Now blood into the
management III our great business en-
trrpfscs 40 Wu open the IeId Of