Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1914-01-30

hove begun to yield their preference
n purpose. perhaps judgment also. in
honorable surrender.
Constructive Program.
What we are purposing to do. there
lore. is. happily, not to hamper or
interfere with business as enlightened
businessmen prefer to do it, or in n
sense to put it under the ban. The an
tasonlsm between business and gov
is over. We are now about to
give expression to the best business
judgment Of America. to what we know
10 be the business conscience and honor
OF the land. The government n bust
ness Then are ready to meet each other
NAN way in a COMMON effort to square
business methods with both public
opinion and the law. The best in
formed men of the business world con-
demn the methods and processes and
consequences OF monopoly as we con-
denim them: n the instructive judg-
mcnt OF the vast majority of business
men everywhere goes with them. We
shall now be their Spokesman. Tha is
the strength of our position and the
sure prophecy of what will ensue when
our reasonable work is done.
When serious contest ends, when
men unite IN opinion and purpose. those
who are to change their ways of bust
ness joining with those who ask for
the change 1T is possible to effect it in
the way in which prudent and thought
lul and patriotic men would wish to
see 1t brought about. with as few, as
sl1Eht. az easy and simple business
readiustments as possible in the cir
cumstances. nothing essential dis
.urned. nothing torn up by the roots.
no parts rent asunder. which can be
ieft in Wholesale combination.
Not Revolutionary.
Fortunately no measures Of
sweeping or novel change arc nee
essary.. 1t will be understood that
our object is NOT to unsettIe bust
ness or n where seriously to
break its established courses
athwart. On the contrary we desire
to be- the buIwarks and safe guards
OF industry. AGAINST tho forces that
have disturbed it. What we have to
90 can DO done in a new spirit, in
t~houahtful moderation without rev.
oiution OF any untoward kind.
w are all agreed that private mon
opoiy is indefensible and intolerable'
and our program is founded on that
conviction. 1t will be a comparative,
but not a radical or unacceptable pro-
gram and these are it's items, the
changes which opinion deliberately
Sanctions and for which business waits:
III waits With acquiescence, in the
flrst place for laws which will effectu-
ally prohibit n prevent such inter
locklngs OF the personnel of the di-
rectorates of the great corporations
banks and railroads, industrial COM
merclal and public service bodies-as
IN eiIect result in making those who
borrow and those who lend practical
ly n and the same, those who sell
and those who buy but the same per-
sons trading with one another under
ditfer2nt names and in different conn
bllations and those who affect to com
pe'e IN TACT partners and masters of
some whole field of business Sniff
Gent time should be allowed. of course.
IN which to effect these changes of
Organization without inconyience an.
confusion.
"Such q Prohibition will work much
more IMAM a mere negative good by
correcting the serious evils which have
arisen because, for the men
VINO nave been the directing spirits of
the great investment banks have
usurped the place which belongs TO in
industrial management
working in its w behoof.
Develop New Blood.
1T will brinu new men. new cner-
g!es, a new Spirit of initiative. new
blood into the management Of our
Great business enterprises. Ii will
open the field Of industrial devei-
opment and oriaination to scores
OF men who have been OBLIGED to
serve when their abilities entitIed
them to direct. 1t will immensely
nearten tho young men comma on
n VIII greatly enrich the business
activities OF the whole country.
In the second place. business men
as Wen as those who direct public af-
falrs now recognize, and with
painful clearness. the great harm, and
injustice which has been done to MANY
III not all. of the great railroad systems
OF the country by the way in which
they have been financed and their own
d~lstlnctlVe interests s~ubordinated to
the Interests of the men who financed
them, and of other business enterprises
which those men wished to promote
The country is ready, therefore. to ac-
cept, and accept with relief, as we'll as
approval. a law which will confer on
the Interstate Commerce commission
the power to superintend and %regulate
the financial operations by which the
railroads are henceforth to be upplie
with the money they need for their
proper development to meet the RAPIDLY
growing requirements of the country
for increased and improved facilities of
transportation. We cannot postpone
action in his matter without leaving
the railroads exposed to many serious
handicaps n hazards: and the pros
perity of the railroads and the pros
perity of the country are inseparably
connected. Upon this question, those
who are chiefly responsible for the
actual management of the railroads
have spoken very plainly and very
earnestly. with a purpose we ought to
be quick to accept. 1t will ne one step,
and a very important one. toward the
production from the business of trans
portation.