The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1914-01-21
WILL MEET EACH
OTHER HALF WAY
Continued from First Page)


mind and the managers of great bus
mess undertakings should be guided
and as an fundamentally for doing
justice to business where the pro-
cesses of the courts or the natural
forces of correction outside the
courts are Inadequate to adjust the
remedy TO the wrong in a way that
will meet all the equities and circum-
stances of the case
"Inasmuch as our object is to meet
business half way in its processes OF
self correction and disturb its. legis-
lative course as little as possible, we
ought to see to it that penalties and
punishments should fall, not upon
business itself, but upon the individ.
uals who use the instrumentalities of
business to do things which public
policy and sound business practice
condemn. These should be held in.
dividually responsible and the punish
ment should fall upon them, not upon
the business organizations of which
they make illegal use 1t should be
one of the main objects of our legisla-
ton to divest such persons of their
corporate cloak and deal with them
IS with those who do not represent
their corporations, but merely by de-
liberate intentions break the law.
Other questions remain which will
need very thoughtful and practical
treatment Enterprises, In these mod
edn days of great individual fortune,
are oftentimes interlocked, by the fact
that the greater part of their corpor-
ate stock is owned by single per.
son or group of persons who are in
some way intimately related il in
terest We are agreed, take il, tpat
holding compaI les should he ir,hii.
tied, bat What Of the controlling pri-
vate owners ship of individuals Or at'-
aally Operative groups of 1Gi"i:i-
uals Shah the private owaers of
selves in effect holding companies
Shall we require the owners of stock,
when their voting power in several
companies which ought to be indie
pendent of one another would consti.
| tute actual control, to make election
| in which of them will they exercise
| their right to vote? This question
venture for your consideration.
There is another matter in which
| imperative considerations of justice
and fair play suggest thoughtful rem
the combinations affected or sought
| to be effected in the industrial world
work an injustice upon the public in
| general; they also directly and Sc
riously injure the individuals who are
put out of business in one unfair way
or another by the many dislodgins
and DISCRIMINATING forces of combina
ton. I hope that We shall agree in
giving private individuals who claim
to have been injured by these process
es the right to found their suits 70,
| IOui cSo upon t1c 1dClS duu JuuSLuS.llS
proved and entered in suits by the
government where the government
has upon it's own initiative sued the
combinations complained of and won
| it's suit, and that the statute of linn
| itations shall be suffered to run
against such litigants only from the
date of the conclusion of the govern
ment's action.
| 81 have laid the case before you
no doubt as it lies in your own mind
as it lies in the thought of the coun
try. What must every candid man
say of the suggestions / have laid
before you, of the plain obligations
| of which I have reminded you? That
these things are new things for which
the country, is not prepared? No;
but that they are old things, now ia
miliar, and must be undertaken il we
are to square our laws with the
thought and desire of the country
Until these things are done, conscien
tious business men the country over
will be unsatisfied. They are IN these
things our mentors and colleagues
We are now about to write the add
tional articles of our constitution D
peace, the peace that is honor an6
freedom and prosperity