Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-20
ANTAGONIST BETWEEN
BUSINESS AND NATION
OVER, SAYS president

business judgment ~ America. TO
what We know TO be the business con-
science and honor Of the land. The
Government and business men are
ready to meet each other halfway In
"a common effort to square business
methods with both public opinion and
the law
Best Men Condemn Monopoly.
The best informed men Of the bust
ness world condemn the methods and
processes and consequences OF mo-
nopoly as we condemn them. and the
instructive judgment OF the vast ma
jority OF business men everywher re
goes with them We shall now be
their spokesman. That is the strength
81 our position and the sure prophe-
cv Of what will ensue when our rea-
sonable work is done.
when serious contest ends. when
men unite in opinion and purpose
those who are TO change their WAYS
Of business joining with those who
ask for the change, it is possible to
effect II in the way in which prudent
and thoughtful and patriotic men
would wish to see it brought about,
with as few. as slight, as easy and
simple business establishments as pos
sible in the circumstances. nothing
essential disturbed, nothing torn up
by the roots no parts rent asundcr
which can be left in wholesome com
bination.
Fortuna tely, no measures Of sweep
ing or novel change are necessary. 1t
VIII be understood that our object is
not to unsettle business or anywhere
seriously to break it's establi shed
courses athWart On the contrary, "
desire the laws we are now about TO
pass to be the bulwarks and safe
guards OF industry against the forces
that have disturbed it. What we have
to do can he done In q new spirit,
in thoughtful moderation without
revolution of an untoward kind.
Monopoly lndefensibe.
I'VE are all agreed that private mo-
nopoly is ndefensible and intolera Bile,
a.d our program is founded upon that
conviction, 1t will be a comprehen-
sive but not a radical or unaCCepta bic
program, and these are It's items, the
changes which opinion deliberately
sanctions and for which business
waits.
at awaits with acquiescence, in the
first place, for laws which will eff &C
tually prohibit and prevent such in
terloCkings of the personnel of the
directories of great CORPORATIONS go
banks and railroads, Industrial. com
mercial and public service bodies-as
In effect result in making those who
borrow and those who lend practical
~ one and the same, those who sell
and those who buy but the same per
sons trading with one another under
different names and in different COM
binations and those who affect 10
compete, in fact partners and masters
OF some whole field of business Suf-
ficient time should be allowed, Of
course. in which to effect these
changes OF organization without IN
convenience or confusion.
Such prohibition will work much
more than n mere negative good by
correcting the serious evils which
have arisen because, for example. the
men who have been the directing
spirits of the great investment banks
have usurped the place which be-
longs to independent Industrial man
agement working in its own behoof.
To Give New Men a Chance.
at will bring new men, new en-
ergies, a new spirit of initiative. new
blood into the management of our
great business enterprises. II will
open the field of Industrial develop
ment and originaton to scores OF
men who have been obliged to serve
when their abilities entitled them
to direct 1t viii immensely hearten
greatly enrich the business activities
of the whole country.
an the second place. business men
as well as those who direct public
affairs, nSw recognize with painful