The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1914-01-20
WILSON READS
REMARKABLE
MESSAGE:
Confined from page u

& common effort TO square busI-
ness methods with both public opiu-
ion and the law. The best informed
men OF the business world con-
demn the methods and processes
and consequences of monopoly rs
we condemn them, and the in
stinctive judgment OF the vast ma
iority of business men everyW here
goes with them. We shall now be
their spok esmen. That is the
strength of our position and the
sure proscphy Of what will ensue
when reasonable work is done.
When a serious contest ends;
when men unite in open opinion
and purpose those who are to
change their ways OF business join
ing with those who are for the
change, it is possible to effect it
IN the way in which a president
and thoughtful and patriotic men
would wish to see il brought about,
with as few, as slight. rs easy and
simple business readjustments rs
possible in the circumstances, moth
ing essential disturbed, nothing
torn up by the roots no parts rent
as under which can be left lit
wholesale combination Fortunate
~, no measures of sweeping IT
novel change are necessary. Il
will be understood that our OBJ
ject is not to unsettle business Or
anywhere seriously to break its eS-
tablished course athwart. On the
contrary We desire the laws we
are now about To pass to be the
bulwarks and safeguards OF III
dustry against the forces that have
disturbed it. What Ne have TO do
can be done in new spirit, in
thoughtful moderation. without rev
olution of any untoward kind
I'VE are all agreed that private
monopoly Is indefinitely and intoler-
able and our program is found
ed upon that conviction. 1t Will
radical or unacceptable program and
these are its items, the changes
which opinion deliberately sanctions
and for which business waits:
lit was without acquiesecence, N
the first place, for laws, which will
efTectually prevent such interlockings
ef the personnel OF the directories
OF great corporations banks ana
railroads, Industrial commercial and
public service bodies--as in effect re-
suit in making those who borrow and
those who lend practically one and
the same, those who sell and those
who buy but the same per
sons trading with one another
under different names and i'll differ
eut combinations and those who at
feet to compete in fact partners and
masters of s"re whole field OF buai-
ness. Sufficient time should be al
lowed, OF course, in which to effect
these changes of organization or or
CARNATIONS without inconvenience or
confusion.
Such prohibition will WORK
much more than d move negative
good by correcting the serious evils
which have arisen, because. for eN-
ample, those men who have been tn
directing spirits of the great invest
ment banks have usurped the place
which belongs TO Independent in
dustrial management working in its
own behalf. 1t will bring new men,
new energies, new spirit OF lnitl1-
tive, new blood into the management
OF our great business enterprises. IL
will open the field of industrial de-
velopment and origination to scores
of men who have been Obliged to
serve when their abilities entitled
them to direct 1t will immensely
hearten young men coming on and
Will greatly enrich the business actiF-
tiles of the whole country.
In the second place. the president
said. many of the great railroad sys-
tens, the interests of which have
been subordinated to men who I'M
anced them and of other business
enterprise which whose men wished
tc promote He declared the coun-
try is ready to accept law when
will confer upon the interstate
commerce commission, the power to
superintend and regulate the hnanc-
ial operation by which the rail-
roads are hencefcrth to be supplied
with the money they need for their
proper development to meet the rap
idly growing requirements of the
country for increased and improved
facilities of transportation We
cannot postpone action in this mat
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