Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-07-01
COLONEL ROOSEVELT HITS
PRESIDENT WILSON'S POLICY


IOtilt4ilcSAOi Will pOWNI " piORpSC = =
vision of the tariff rates, schedule by
telligent consideration of its merits,
divorced from favoritism and the fos-
tering OF special interests.
I'VE believe in cooperation among
business men, among farmers and
among wageworkers. Our program is
based on the fundamental PROPOSE
ton that the State should regard
private monopolistic power as con-
trary to public welfare, but that 1t
should never attack a particular busi-
ness organization merely because of
its size. In many lines of industry
the unit of social and economic eff
ficiency in our time is large Unit.
What we want is a business ma
cbinery strong and sufficient enough
20 &c our business, to supply we'll
and cheaply the daily needs OF 3d.
900 1000 people.
I'VE want the control Of corpora
tions to be exercised effectively and
promptly, 80 as to get results. We
should end once and for all the at
tempt to regulate business by series
of lawsuits. We wish also to put a
stop to the marrying and persecution
of honest business men who do right
Powers of Trade Commission.
1.-THE Progressives therefore advo-
cate the creation of a strong Inter-
state Trade Commission, and would
give such commission, primarily,
three powers: First, the power of in
vestigation; second, the power direct
" to prohibit all unfair trade prac-
tises within its jurisdiction; third,
the power to end the exclusive con-
troll of a factor necessary to produce
ton by an order adapted to the cir
cumstances of the particular case.
The order may involve changes in
organization, In MANAGEMENT or in
the conduct of the business.
"Contrasted with this program we
have the Democratic ANTITRUST pro-
gram. That program proves the in
adequacy of the Democratic party for
the present and the future Of the
nation. 1t Is, and always will be, the
States Rights party, the party OPP
posed to strong Federal action, the
party afraid Of power We cannot
control our great national businesses
without power-national power. Their
official administration bills propose q
weak Federal trade commission, with
no power except to Investigate and
report. They fear to give the govern
ment the strength to cope with cor
porate abuses They fear to give the
commission power to prevent unfair
trade praetises. Indeed. their measure
would hardly give the commission
power. really, to investigate, much
less to destroy the proper administra-
tive order monopolies based on the
exclusive possession OF FACTOR
essential to production.
Attacks Antitrust Bills.
"The Clayton bill goes hopelessly
wrong in that it forbids specifically
any combination, or agreement in In
terstate commerce, between any two
or more corporations, firms or even
individuals which in any way lessons
or restricts the competition between
Them This is the hub of their whole
position. They propose to force every
man to compete with every other
man. They hold that two farmers
selling milk across a State line cam
not cooperate, and that two men
doing any business across a State line
cannot form a partnership or a cor
"This is economic absurdity. We
live in the twentieth century, not
the seventeenth. We have 90.00O,000
Of citizens, scattered over almost
4. 900 900 square miles. They cannot
exist in any such primitive business
status. We must have ample BUSH
ness power, large units, to do the
work of today. They cannot under
their theories of government control
business Therefore their sole alter
native is to destroy 1t. They are alb
solutely blind to the facts of history.
Unlimited competition has proved
one of the greatest curses OF modern
civilization
spy long and disappointing expert
ence we have had several cardinal
facts hammered into us:
"First-We cannot and do not want
to destroy all corporations. We must
have large units to do our work.
"Second-We cannot make every
man compete with every other man.
We cannot go back to 1850, still less
to 1860.
eve Cannot Destroy All MONOPOLY"
"Third-We cannot destroy monop-
DIV by attacking all form of concen-
tration, whether monopolistic or not,
'sFourth-We cannot destroy real
monopoly by attacking its legal form.
We must find out and take away the
real economic basis of monopoly.
which is a very different thing.
ssFifth-We can get no effective re-
suits through the courts with their
slow and restricted procedure.
''Sixth-We must encourage honest
business and allow that business
concentration which will give the
power necessary to serve u.s. This
policy of the encouragement OF
decent business is as important to
the welfare of our people as Is our
other policy of effective warfare
against corrupt and unfair business
Seventh-There must be co-opera-
ton among business men, among
wageworkers and among farmers.
1--WE have had now stwenty-four
years experience with trying to regu-
late business by destruction. The re-
suit has been nearly fiat failure. The
administration proposes a policy OF
further destruction, even more unin-
telligent in conception and certain to
be more futile in performance than
the existing policy which it amends,
"No matter what the party to
which good citizens have belonged in
the past, no matter what the theories
of governmental action to which they
have professed allegiance. they must
realize that when tested by practise
and performance the theories and
promises of the administration have
resulted in national discredlt and
misfortune"
penrOse Saws PrOgreSSiveS