Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-01-20

or me rallroaus anu IRE
of the country are inseper-
ably connected" in this regard.
HURTFuL RESTRAINTS.
3-Definition of the ''many hurtful
restraints of trade" by explicit legis-
lation supplementary to the Sherman
law.
4-The creation of commission to
aid the courts and to act as clear
ing house of information in helping
business to conform with the law
5-Provision of penalties and pun
ishments to fall on individuals re-
sponsible for unlawful business prac-
tees.
Prohibition of holding companies
and suggestion that the voting
power of individuals holding shares
in numerous corporations might be
restricted.
RIGHTS OF INDIVIDUAL.
Giving to private individuals the
right to found suit for redress on
facts and Judgments proven in Gov
ernment suits and providing that
statute of limitations should run only
from the date of conclusion CT the
Governments action.
MEET THEM HALF WAY.
what we are purposing to do IS,
happily. not to hamper or interfere
with business as enlightened business
men prefer to do 1t, or in any sense
to put ii under the ban. The antag-
onism between business and Govern
mcnt is over We are now about to
give expression to the best business
judgment of America, to what we
know to be the business conscience
and honor of the law. The Govern
ment and business are ready to met
each other half way in a common
with beth public opinion and the
law. The best informed men of the
business world condemn the methods
and processes and consequences OF
monopoly as we condemn them; and
the instructive Judgment Of the vast
majority of business men every
now be their spokesmen. That is
the strength of our position and the
sure prophecy of what win ensue
when our reasonable work is done
, NOT A RADICAL MEASURE.
f.. "We are all agreed that private
q monopoly is indefensible and intoler-
i able and our program is founded on
!. that conviction. II will be compare
a tive but not a radical or unaccepta-
!. BILE program
v at awaits with acquiescence, in the
l. first place, for laws which will eff
v fectually prohibit and prevent such
+ interlockings of the personal Of the
2 directorates of great corporations -
O banks and railroads, Industrial, com
A. smercial and public service bodies as
n in effect result in making those who
S. borrow and those who lend practi-
# cally one and the same, those who
4 sell and those who buy but the same
n person trading with one another I'M
Is der different names and in different
combinations and those who affect to
10 compete in fact partners and masters
,e of some whole field of business. Suf-
Of ficicnt time should be allowed. of
r. course, in which to affect these
9. changes of organizations, without
s Inconvenience or confusion"
In conclusion the President said
ne @I have laid the case before YOU.
y no doubt as Il lies IN your own mind.
as Il lies in the thought Of he
or country What must every cadid
IN man say Of the suggestions have
20 laid before YOU. Of the plain ohllra'
tions Of which ! have reminded yon
That these are nov things for which
the country i not prepared No.
i hui that they are old things. now
/, familiar and must. of course he un
- NHtfHhFN - "" Aff 70 HtlH@it "Wi
7. laws eth the thought and desire ~
The eouulry t'ntn these things ar,
dome conscientious business men M
r0nntft ateF elll BE- lusaiisiiea
rhey sfe "a thess thlnss sur mes
D. tsfs aha gniisagae We arv ucv
a. ahou. q ertr enc sadHionai article
a. af oag eaasftmiee = peace M
g peacs ihal i sonas ana lFsesom a..
prosperity