Lincoln County times. (Jerome, Idaho) 1911-1919, 1914-01-29
BUSINESS NOT To
Be HAMPEREO,
SAYS WILSON
President Outlines Plan for ReulJ.
lation of Trusts.
SQUARE BUSINESS WITH LAW
Explicit Definition Of the Policy and
Meaning OF Existing Laws Is Of First
Observation-Disclosures Between
Business and Government.
10 Now Over.

Washington. Jan. 20. President
Wilson delivered the following mes
sage today before a joint session of
the two houses of congress
Gentlemen OF the congress-:
In my report On the State of the
Union, which ! had the privilege of
reading to you on the list of Decem-
Der last. ! ventured to reserve for
discussion at a later date the subject
OF additional legislation regarding the
very difficult and intricate matter OF
trusts and monopolles. The time now
seems opportune to turn to that great
question; not only because the cur
rency legislation. which absorbed your
attention and the attention of the
country In December. is now disposed
or. but also because opinion appear
10 be clearing about us with singular
rapic4ty In this other great field of
action. In the matter of the currency
II cleared suddenly and very happily
after the m~uch-debated act was
passed; In respect to the monopolies
which have multiplied about us and in
regard TO the various means by which
they have been organized and main
tained. It seems to be coming to g
clear and all but universal agreement
In anticipation Of our action. as II by
the way OF preparation, making the
way easier to see and easier to Sc
out upon with confidence and withou'
confusion OF counsel.
Business Of Interpretation.
Legislation has its atmosphere Xix,
everything else and the atmosphere o
accommodation and mutual under
standing which we now breathe wit
so much refreshment is matter Of sill
cere congratulation. 1t ought to max
our task very much less difficult an
embarrassing than 1t would have bee
had We been obliged to continue {
act amidst the atmosphere of susp
cion and antaEonism which has S
long made II impossible to approac
such questions with dispassionate faii
ness. Constructive legislation. whe
successful, is always the %embodimer
OF convincing experience and of III
mature public opinion which tinall
springs out OF that experience Lei
i~slation IS a business Of Interpretation
not Of ordination: and It is now plat
what the opinion is to which we mus
give effect in this matter. II Is not r
cent or hasty opinion. 1t springs OF
Of the experience of a whole gener
ton. 1t has clarified itself by Ion
contest. and those who for a long tin
battled with It and sought to chans
II are now frankly and honorab
yielding to It and seeking to confor
. their actions to 1t.
The great businessmen who orga
lied and financed monopoly and tho
, who administered II in actual ever
day transactions have year after yea
until now either denied its existen'
or justified il as necessary for the
fective maintenance and developme
of the vast business processes of Il
VI 49,
COUNTRY In the modern circumstanc
Of trade and manufacture and inanc
but all the while opinion has ma
head against them. The avera
businessman is convinced that q
wavs Of liberty are also the ways
ropco AND the ways of success
we'll: and at last the masters OF bu
ness on the great scale have begun
Weld their preference and purpo'
. perhaps their judgment also. in hon'
able surrender
5 Will Not Hamper.
what We are %purposing to do. the
. fore is happily not to hamper or
), terfere with business as eniighteh
= business men prefer to do It, or IN a
u y sense to put it under the ban. !
y antaronism between business and g
u ernment is over. We are now ap'
~ TO give expression to the best ousin'
I" Judgment Of America, to what