The San Francisco Call. Newspaper, April 4, 1903, Page 1

VOLUME XCIII-NO. 25. SAN FRANCISCO, SATURDAY, APRIL 4, 1903. PRICE FIVE CENTS. “CURB THE TRUSTS, BUT DO NOT DESTROY NATION'S PROSPERITY,” THE KE YNOTE OF PRESIDENT 1 | TORY PARTY | IPPENS T0 IRISH VOTE Makes“Home Rule” Its Campaign Slogan. | British Politics Under- going Remarkable | Change. *' gt tionalists Prevent Gov-| ernment Defeat in the Commons. Government sterday’s div- on the ech, saia rang for would be carry its Nyna ce v nake an effort.” seeking a solution he would set only 1w « not weaken other, that v ticity of our e, v is our reserve in times A g been given to the policy t the would ontemplate with COMMISS;ON MEN GUILTY OF “BUCKET SHOPPING” go Grand Jury Votes Seven In- tments Against Members | of Prominent Houses. | 3—As a result of a s sprung up in the ade over the ques- calls,” evidence has Grand Jury tending | of the most promi- | s in the city have | shopping” and the indictments. No as yet and this before to-morrow, vers will be called heir appearance hou O! boast; dow’t in- sult any one; make up | our minds coolly wwhat is necessary for us to say, say | it, and then s by 1it, \ whatever the | might be.—P velt's summary of the policy the Government should pursue in its dealings sther Americar with wations. 2 of Jte Armericay P n ‘ You canaof covrse pot on end | ROS PER/. ZZ) tfigt inG /:?n % RO SPERL ;r/c 3 offy ] Think / Speak for e areat rqgorLy f PeopZe end of The Nation Bul the such action Seems. hiGh. of lhe (rusts to the ROOSEUVELT' S M Congress, Says Mr. Roosevelt, Has Done Its Duty Toward Regulating Com bines. New Laws Will Be Strictly En- forced. 7 bay-/wis Lo yoi oa lhe Power, gpd we weed- Know/edce. 772 [ons TIASTER, Gentlemen : b Lo Speek -Question of ----- Stbiley ILWAUKEE, Wis., April 3.— President Roosevelt was the guest of the Milwaukee Mer- chants’ Association at a banquet at the Plankington House to-night, the oc- casion being the climax of the President’s ten-hour visit to Milwaukee. Covers were laid for 530 representative ‘citizéns. A corps of skiliful decorators had worked | out a complete transformation of the ban- st whom iIndict- | members of | on | | the members of the | ng the question of | ch u stage | E egislation P e Catch Glimpse of New Star. April 3—W. W. Campbell, | Lick Observatory, reports opportunity catch a ed b.\" he new Oxford, England, in the con- ini occurred Wednesday of a long spell of weather. HExcellent observations e secured on Thursday night by Perrine, Aitken, Reese and Cur- JOSE the ret to star discove; Ge quet room, which was fairly canopied with Alabama smilax rising from twelve chandeliers and spreading out in a grace- ful arch. Lines of asparagus vines trailed from chandelier to chandelier in all direc- tions, supporting at regular intervals fern balls filled with American Beauty roses, carnations and other beautiful blossoms. A thousand electric lights lent enchanting beauty to the room. At the President’s immediate right sat | United States Senator. Quarles, while E. W. Wadhams, president of the Milwaukee Merchants’ and.Manufacturers’ Associa- tion and toastmaster of the occasion, was seated at his left. Extending in opposite directions from the President’s table were twelve other tables at which members of the Merchants’ and Manufacturers’ As- sociation and their friends were seated.’ After the banquet had been served Toastmaster Wadhams introduced Presi- dent Roosevelt, who responded to the toast, “The President of the United States.”” The President took this occa- and Manufacturers’ | sion to give his views on the subject of trusts. His speech follows: NOT DESTRUCTION BUT REGULATION OF COMBINED WEALTH O-DAY T wish to speak to you on the T Question ‘of the control and regulation of those great corporations which are popularly, although rather vaguely, known as trusts; dealing mostly with what has actually ‘been accomplished in the way of legislation and In the way of enforcement of legislation during the past eighteen months, the period’ covering the two sessions of the Fifty-seventh Congress. At the outset I shall ask you to remember that I do not approach the subject either from the standpoint of those who speak of themselves as anti-trust or anti- corporation people, nor yet from the standpoint ol those who are fond of denying the existence of ‘evils in the trusts or who apparently pro- ceed upon the assumption that if a corporation is large encugh it can do no wrong. 1 think I speak for the great ma- jority of the American people when I_say that we are mot in the least against wealth as such, whether in- divigual on corporate; that we mer@y desire to nee any abuse of corporate or combined wealth cor- rected and remedied; that we do not desire the abolition or destruc- tion of big corporations, but, on the contrary, recognize them as being in many cases eflicient economic in- struments, the results of an inevita- .?. | | | i | ! 2 — | NATION'S CHIEF. IN CHAR- ACTERISTIC ATTITUDES IN DELIVERING SPEECHES. % o ble process of economic evolution, and only desire to see them regn- Iated and controlled so far as may be necessary to subserve the public ®good. We should be false to the historic princlples of our Government if we discriminated either by legislation or administration either for or against a man because of either his wealth or his poverty, There is no proper place in our soclety either for the rich man who uses the power conferred by his riches to enable him to oppress and wrong his neighbors, nor' yet for the demagogic agitator who, Instead of attacking abuses as all abuses should be at- tacked wherever found, attacks property, at- tacks prosperity, attacks men of wealth as such, whether they be good or bad, attacks | corporations whether they do well or ill, and seeks in a spirit of ignorant rancor to over- throw the very foundations upon which rest our natlonal well being. In consequence of the extraordinary indus- trial changes of the last half century, and notably of the last two or three decades, changes due mainly to the rapidity and com- plexity of our industrial growth, we are con- fronted with problems which in their present shape were unknown to our forefathers. Our | great prosperity, with its accompanying con- | centration of population and of wealth, its ex- | treme specialization of facuities and its de- velopment of glant industrial leaders, has brought much good and some evil, and it is as foolish to ignore the good as willfully to blind ourselves to the evil. The evil has been partly the inevitable ac- companiment of the soclal changes, and where this is the case it can be cured neither by law nor by the administration of the law, the | only remedy lying in the slow change of char- acter and of economic environment. But for a portion of the evil, at least, we think that remedies can be found. We know well the danger of false remedies, and we are against all violent, radical and unwise change. But we believe that by proceeding slowly, vet reso- lutely, with good sense and moderation, and also with a firm determination not to be swerved from our course either by foolish clamor or by any base or sinister influence, we can accomplish much for the betterment of conditions. Nearly two years ago, speaking at the State | fair in Minnesota, I said: “It is probably true that the large majority of the fortunes that now exist in this country have been amassed, not by injuring our peo- ple, but as an ‘incident to the conferring of great benefits upon the community, and this, no matter what may have been the conscious purpose of those amassing them. There is but the Beantiest justification for most of the out- cry against the men of wealth as such; and it ought to be unneceseary to state that any ap- peal which directly or indirectly leads to sus- picion and hatred among ourselves, which tends to limit opportunity, and therefors to shut the door of success against poor men of talent, and, finally, which entalls the possibility of lawless- ness and violence, is an attack upon the fun- damental properties of American citizenship. Our interests are at bottom common; in the long run we go up or go down together. “Yet more and more is it evident that the State, and, if necessary, the nation, has got to possess the right of supervision and control as re- gards the great corporations which are its creatures, particularly as regards the great business combi- nations which derive a portion of their importance from the existence of some monopolistic tendency. The right should be exercised with cau- tion and self-restraint, but it should exist, so that it may be invoked if the need arises.” Last fall in speaking at Cineinnat! I said: “The necessary supervision and coatrol. ia ! ILWWAUKEE SPEECH . 4 HE President’s west- | ern towr has already been made motable by his utterances om questions of national and international moment. Each speech em- bodies "a straightforward [ presentation of his views on one or more of these sub- Jects, and before the tour cnds the American people | | will have been given a clear f insight into the policy the | | administration will pursue | while Mr. Roosevelt is at the | head of the Government. | Remarkable demonstrations | | of the popularity of the | President have marked the tour thus far, his receptions | | being “strenuously” enthu- | stastic. ‘ « Fovorrtrsm rn he Yse of .Suc;n WEeRS , Ui SE e/,;;’richlné Izg,omg andt un u!!'/)' Impoverishina fOMePJ. X — which I firmly believe as the only method of | climinating the real evils of the trusts, must | come through wisely and cautiously framed | legislation, which shall aim in the first place to give definite control to some sovereign over the great corporations, and which shall be fol- lowed, when once this power has been con- ferred, by a system giving to the Government the full knowledge which is the essential for satisfactory action. Then, when this knowl- edge—one of the essential features of which is proper publicity—has been gained, what fur- ther steps of any kind are necessary can be taken with the confidence born of the posses- sion of power to deal with the subject, and of a thorough knowledge of what should and can be done in the matter. We need additional power, and we need knowledge. * * * Such legislation—whether obtalnable now or obtain- able only after a constitutional amendment— should provide for a reasonable supervision, the most prominent feature of which at first should be publicity; that is, the making public, both to the Government authorities and to the people at large, the essential facts in which the public 1s concerned. This would give us exact knowl- edge of many points which are now not only in doubt, but the subject of fierce controversy. Moreover, the mere fact of the publication would cure some very grave evils, for the light of day is a deterrent to wrongdoing. It would doubtless disclose other evils with which, for the time being, we could devise no way to srapple. Finally, it would disclose others which could be grappled with and cured by further legislative action.” In my message to Congress for 1901 T sald: “In the interest of the whole people the na- tion should, without interfering with the pow- er of the States In the matter, itself also as- sume power of supervision and regulation over all corporations doing an interstate business.” JACTED EMBODY THE VIEWS OF THE PRESIDENT HE views thus expressed have now re- ceived effect by the wise, conservative, and yet far-reaching legislation en- acted by Congress at Its last sessfon. In its wicdom Congress cnacted the very important law providing a Department of Commerce and Labor, and further providing thercin under the Secretary of Commerce and Labor for a Commissioner of Corporations, Continued on Page 2, Column 2. the new railroad WORK BEGINS ON SANTA FE COAST LINE Route for Redwood Extension Is Projected. No Time Will Be Lost in Building to Eureka. - Ripley Declines to Discuss Southern Pacific’s Attitude. —_— —Plans have been Railroad for the t extension and the 1n Franeisco Bay with mpleted without delay f The Call's recent ex- these plans was ob- ct from the highest of- It was announced the Full cor lusive alned to- ials of the at Santa F lim ou a Fe headquarters that wol In addition t Railroad, has purchased sev- s running southeast through the redwood district. These roads will be ¢ ted w e it is possi ble to incorp m in the main line, and others will be used as feeders. The Santa Fe as a railroad is not the owner of wood forests, with it acquired railroads were lands, which w ané its Californta ¢ any e but | at sold timber Santa Fe extenslon with treight. E. P. Ripley, president of the Santa Fe, in_speaking of the California extension to-day said to the correspondent of The Cali that the California Northwestern had neot been acqu 1 by Atchison interests, and that he did not know where the con trol of the road was to be found. Ripl was unwilling iscuss the attitude the Southern Pacific toward the Santa Fe n, saying that the South- has ne railroad in that terri- merely tory, ugh Southern Pacific's Portland-San Fr: between the Seerra he Coast range. The rich ¢ al strip, practically with- out railroads, which the Atchison will pre- empt, has been generally considered Southern Pacific territory, and it Is net likely that the South Pacific was pleased to learn of the Atchison's conquest of the redwood forests. Ripley will leave the city to-morrow for Pasadena to at- tend the wedding of his son, to occur in the latter part of April DR. JORDAN COMPARES WORLD’S UNIVERSITIES Asserts That Those of America Are Superior to European In- stitutions. CHICAGO, April David Starr Jor Stanford Uni al institutions are Europe, because they fi¢ient men. “The ideal toward which American col- leges work is that of personal efficiency. which is as high as an ideal can be said Dr. Jordan in the course of a lec- ture on “The Tendencies of American Universities” in the University of Chi cago to-night. Dr. Jordan asserted that English schools turned out men of personal cul- ture; but, sald he: “Oxford scholars are not men, and Ox- ford men are not scholars.” He found fault with the French idex of ready-made careers and said that while the Germans were thorough and profoun they were often not gentlemen. “I have known German professors,” sald Dr. Jordan, “whose manners wouid not give them the right to associate with grizzly bears. We are not always sure that the graduates of our American uni- versitles are deep scholars or that thes bave culture. We a1 sure, however, that they are capable; that they cad do what- ever they start out to do.” 3—In the opinion of lan, president of Leland ¥. American education- those of out more ef- yerior to turn LEVEE BREAKS, FLOODING VALUABLE COTTON LANDS Crevasse 500 Feet Wide Below Lake Providence, in Louisiana, Causes Great Damage. NEW ORLEANS, April 3.—The most serious development of the flood situa- tion to-day was the break in the levee at Holybrook plantation, owned by James J. Pittman. The crevasse is about six miles below Lake Providence, in East Carroll Parish. The levee probably was eighteen feet in height and no attempt will be made to mend it. Efforts, however, will be made to hold the ends. Much valuable cotton land will be overflowed, but the damage will be principally in the delay in getting seed Into the ground. The crevasse fs re ported to be 500 feet wide. Parts of Madi- son, Tensas, Concordia, Cathaula and Richland parishes, in addition to East Carroll, will be submerged, the water ul- timately returning to the Mississippi throush Red River.