The evening world. Newspaper, January 20, 1914, Page 4

‘ e ee or ye THE EVENING WORLD, TUESDAY, JANUARY 20, 1014.: DILT ‘IS PERSONAL IN TRUSTS, SAYS PRESIDENT WILSON SUMMARY OF THE MESSAGE. Legislation Is a business of interpretation, latn0, baw long awaited and has suf-| see that the officers and directors 4 twat |fered because it could not obtain,! great business bodies were prevented |further and more explicit legislative| from bringing them and the business | definition of the policy and meaning] ef the eeuntry inte disrepute and \\of che exteting Anti-Trust taw, Noth-| danger. ge business man is now con- vineed “that the ways of liberty are aleo the ways of peace and also the waye Of success.” TIME OPPORTUNE FOR Trust| t of origination. monopoly, new ‘The average busine: mn In convinced that ways of iiberty ing hampers business lke uncertain-/ HOLDING COMPANIES SHOULO LEGISLATION. | wigs Oh pends Aid of Sddetan' on wall, ty. Nothing daunte or discourages BE PROHIBITED. “Legislation,” waid President Wil- Our object is not to unsettio business or seriously break its —_''t like the neceasity to take chances,| “Other questions remain which will fon, “has its atmosphere like (o run the riek of falling under the| treatment, Jamerpeioen in thaee os meals everythi . h s eatablished courses. demnatio pote ap A on We deatre laws to be balwarks of Industry against the condemnation of the law before it)ern days of great individual fortunes can make sure jt what the lew is. | “Surely we are sutticientiy fami) {with the actual processes and met toc! vent interlocking of personnel of directorates of great corporations. —jods of monopoly and of the many|{rawned te oinuie heccon oe group This prehibition will bring new men, new energies, a spirit of hurtful pestraints of trade to make|of persons who are — ‘way ine re oftentimes interlocked, not by Understanding, which we now breathe forees that have disturbed it. with #0 much refreshment, is a mat- Business waits for laws which will effectually prohibit and pre- ter of sincere congratulation. It ought to make our task very much leas dificult and embarrassing than int new reat enterpriser. definition possible, at any rate up te wed Reese 7 it would ‘have been had we been seltiaive, Lagestelb medley name Md hertog! the limita of what experience haa|, -"“¢ 2ered: take "ty that rat bs 4 obliged to continue to act amidst the The country wants o law permitting the Interstate Commerce = 4), waalena bel ino Companies. should Fes atmosphere of susploion and antago- Commission to superintend and regulate financial operations to now abundantly disclosed, ‘can be giem which has so long made it im- supply the raliroads with money for operations, &e. | explicitly and item by item forbidden tually -operati pe of ingly e one Mlegal Ri ngnatteated \pheoongy should be explicitly and item by by stegeed in auch terms ae will prac- sepltal at tock Perna a | . ftom forbid ‘epecific terms. “ | tleally eliminate uncertainty, the law in effect heldi soma . Business men need the guida and Information which can iteelf amd the penalty being made|We Ay not wien, | oupgeee, te embodiment of] he gupplied by an interstate trade ission. jequally plain, the purchase Of teeks By SAK e | Nee cae hagantnroned Leh dhignd sity Ponalties and punishments should fall on individuals, not upon “And the business men of the coun- | quantities as he can afford, or in an} bul opin! which finally the business itself. Business men want personal guilt fixed. try desire something more than that| way arbitrarily to limit the sal @prings out of that experience. Lag- the menace of legal process in shoes | stocks te bona-fide islation is a business of interpreta- Shall private owners of capital stock be suffered to be in them- matters. be made explicit and intet.| 1° require the owners of tion, not of origination; and it in| selves holding compantest ligible. , They desire the advies, the| wise whieh’ cught tobe independ Bow plain what the opinion ts to We are now abeut to write the additional articles of our con- . definit id 1d informat! f ene anether would constitute actual which we must give effect in this stitution of peace, the peace that fs honor and freedom and pros- whieh aan bo cone! om) by an \auneine gentrel, te make election vn matter perity. istrative bedy, an interstate trade “It {9 not recent or hasty opinion. i x vote? This sueeuen 1 Goes to Press Thursday, February Sth F YOU arrange for telephone service on or before that da i Ld Patios apartment houses with Private Branch Exchange ee sorten have nee Saat ie Dicaey, & conmqeien with the telephone number 5 geeed nary Dlg ry gel peach igh foc er present tng, ate rogue 1 ‘Telephone, write or call at nearest Commercial Office. , commission. youn bewegg apt te ake eoaiue Springs out of the experience of @/ ang thoughtful and patriotic men | have usurped the place which belonga| “TR opinion of the country would fa aloe ea vl Whole generation. It has clarified | would sei to see it brought about, |to independent. Industrial manage. |!nstantly approve of such « commis. |!mperative considerations Mone of” § fair play suggest Hopamnttia ment working in its own behoof, It/#lon. It would not wish to see it edlal action. Not oply do Phage A will bring new men, new energies, a | empowered to make terms with mo-/the combinations et new spirit of ipitiative, new bloed,|nopoly or in any sort to assume con. to be effected in the induivia worié into the management of our great | trol of business, as if the Government pinata: Whey also ‘directly ana werl~ business enterprises. made itself responsible. It demands|Susly injure the individuals who aré “It will open the field of industrial such a commission only as an india | put out of business in one unfair way development and origination of scores | Pensable instrument gf information tna‘esterminal Fe ee Poetics “4 of men who have been obliged to/and publicity, bre ine serve when their abilities entitled) “There ought to be an edministra- CoheriTUTION OF PEACE THAT them to direct, It will immensely oe Rubee tek Sree of directing HONOR AND FREE! hearten the young men coming on |@8@ shaping such corrective processes, and will greatly enrich the business | Rot only in ald of the courts, but also | 2 doubt as it Iles in your own velopment of the vast business pros: | lished courses athwart. On the con- | tivities of the whole country. sary sent suaRestion, Mf neces: liry, What must every candid mae esses of the country in the modern | trary, we desire the laws we ow ‘In the second place, business men)", aay of the suggestions | have eircumatan cee of trade and manufae- abel to pass to be the he el well as those whe direct public ‘eu on Piet in Goss peat bop ge Lg ee yey ney oe d finance; but all the while| safeguards of industry aire now recognize, and recognize | (Pitt beiaie hail Gaye a eee eer eg te head againet them. | forces that have disturbed it. What! with painful clearness, the great harm | 5. sees of eolf-correction and dig. |Country is not prepared? No: we have to do can be done In a new |2"4 injustice which have been done to turb ite legitimate course ae little that they are ol Ngo =) “ famille spirit, in thoughtful moderation, with- |@ny, if not all, of the great railroad porsible, we ought te ese te It, a el ane oe S he cela : revel the country by the way yn jut revolution of any untoward kind. whieh Ser have been financed and|*h® Judgment of practical and eage-|with the thought and desire of tha “Wwe il agreed t ‘pri country. monopoly 1a indchenelble end iatvat® |their own distinctive interests subor- | cleus aia ua we eee | sUntll those things are done come able’ and our programme ts founded | ‘inated te the intereate of the men upon that conviction, It will be a| Whe financed them and of other busl- scentious business men the country les and punishments should | over will be unsatisfied. They te fall, net business te it ieee. thi our mentors an comprehensive but not @ radical or (Mees enterprises which these men peal bison aes ini legen = eas We are now about to write unacceptable programme, and these | Wished te promote. beau anal ierbe bye vg acneg theadditional articles of our consti: “The country ts ready, therefore, |*he individuals who use the inetru-|tition of peace, of the peace that i itself by long contest, and those who for a long time battled with it and sought to change it are now frankly and honorably yielding to it and|ing essential disturbed, nothing torn seeking to conform their actions to tt. up by the roots, no parts rent asun- “The great business men who or-|der which can be left in wholesome ganized and financed monopoly and| combination. theese who administered it in actual Fortunately, no measures of sweep- every day transactions have year af- ing or novel change ry. It ter year, until now, either denied its| will be understood that our qaletence or justiried it ae necessary! NOT to unsettle business or an; for the effective maintenance and de-| where eerieusly te break its e with as few, as alight, am easy and simple business readjust: Possible in the circumstanc | ; ve are ita items, the changes which opin. | | mentalities of business te de thinge | honor and freedom and prosperity.” | eneonL deliberate! oti for |t accept, and accept with relief as ‘Addroce Telephone No. nis steep yet Sores o'Pt fr) yell aa approval, @ law which witt| Which publie policy and sound buat: nese practice } “1 ite with jeseen: confer upon the Interstate Commeree firet plese, Tor bese eeene™ in tm? | Commission the power to superine | “Every ect of business le dene et the DRU NKENNE § tend and regulate the financial ope- |Cemmand or upon the initiative of { fectually prehibit a bush i018 | to rations by which the railroads are|eme ascertainable person or group | ise curable disease, which requires bay EL gone 19014 im |judgment ef America, to what we ot Se PEN SCHNEY ot henceforth to be aupplied with the|f persone. These should be held in-| ment. The ORRI NB trestoent oom ears: saan” tae I | know to be the business conscience money they need for thelr proper de- |¢lvidually responsible and the pun. |wed with absolute ovefidence. Tt ni and boner sf the land, The Govern. veloprrient to meet the rapidly grow- oars ee fall upon them, ne etrage oe Cece, tae ort bene 7 ment ani nese men are ready to effect ing requirements of the country for inees organization Ne iterium } @Hardenbrook Ave. jamaica 19000 meet each ether half way in a common | |, ie Laprattgller dite eee increased and improved facilities of bepress ther ghee ‘ ome ine from work. Can A} ort } al PLUSBING Him | effort to square business methods transportation, one main ob- aftera you (A aap fo Main ot Flushing = 19014 with both public epinion and the faw-leer and those whe buy but the same | “We cannot postpone action in ths | Jeeta of fur Jenlaation to dive euch et, from its use your money will by mane arr. Plas North. Astoria 19014 ALL AGREED PRIVATE MONO- matter without leaving the railroads | Pereens ip corporate cloak and y oe Far Rockaway 19014 POLY 18 INTOLERABLE. iM exponed to many serious handicaps | ea! with them as with these whe de | ORBINE le ie prepared in a ews t oe a — epee ot “The best informed men of the nation, anil these whe and hasards; and the prosperity of| Mt represent thelr corporations, but | Next Noe, pill form, or those business world condemn the meth- compete—in f artnere the ratiroads and the prosperity of | Merely by deliberate intention break | desire to take voluntary treatment. Coste ods and processes and consequences |. sly the country are inseparably con. |the few. Business men the country | caly 91.000 box. Come in and talk over masters of some whole field ef busi- threugh would, | am eure, applaud ee pee ehh Ask for booklet.’ - NEW YORK STLEHOONE COMPANY of romani, an, we ceases TPs | none nected. Upon thin “question those m sure covloud es We Eicon Dv hwrecety dees + if we were to take effectual steps to vast majority of business men every-| “SuMcient time shoul be allowed, te ore Rea outeee rea ra Heseman Drug Stores of course, in which to effect these ah SRATRURD © chai of organization without in- convenience or confusion, where goon with: them.” We shall the railroads have spoken very plain- now be their spokesmen. That is the strength of our position and the sure prophecy of what will ensue when our|WILL BRING NEW MEN INTO SE ly and very earnestly, with a purpose we ought to be quick to accept, It Cw ar & 9, will be one step, and a very im- reagonable work is done. GREAT ENTERPRISES, portant one, toward the necessary “When serious contest ends, when! “such a prohibition will work much |scparation of the business of produc- FIFTH AVENUE, CORNER 37TH STREET men unite in opinion and purpose,|more than a mere negative good by /tion from the business of transporta- those who are to change their waysjcorrecting the serious evils which | tion, of business joining with those who|have arisen because, for example, tho} CALLS FOR CLEARLY DEFINED Dir. 7 1 ‘ask for the change, it is possible to|men who have been the directing ANTI-TRUST LAW. ect Attention to Their 4 Final Clearance Sale Stewart & Co. : SUITS, COATS & DRESSES IFOR FEBRUARY _ woe Magazine : ae October, 1900, we got outa particularly good number of The said so on the cover—a plain, matter-of-fact, signed ; etatement that it was the best number we had ever (ssued. Sock on mre, tu ein disregard of number makes the other one look small and indif- ‘Geirventionslity, was ble in the eyes of the ferent. ‘That number had 160 pages; this one has FIFTH AVENUE, CORNER 37TH STREET Continuing Tomorrow, the Final Sale of is Veins Maladie Fur Coats & Small Furs | Unrestricted Choi Reductions are from 50% to 60% Unrestricted Choice poraaraphers, 1b bere 99 wleratly well 234 pages, That number cost to go to press $5000; Ever y W inter Suit in Stock G@iticiem, however, and the magazine one cost $20,000. That ‘contained short ——_ << == ; ——f along with its increased sale of Geeta tee we pea pry Trim’d French Seal Coats..37.50O | Black Fox Sets.............15.00 theasaad ‘copies on that number in the place of these serials, a full-length $1.50 , book (a published complete in one issue. That 4 ow we have in the February Munosy another number had some good articles; this one hap “pant mamber we have ever issued.” But this best whaling lot of them. Here they are: The POS’ EA TEAION Ae AGAINST ALCOHOL Micheal aba AFEAVID Vision Or Amipich’ .:.. .. 1 Francie Green Regularly $85.00 Regularly $35.00 AT 12.50 Former Prices Were to $47.69 Trim’d Moire Pony Coats. .22.50 | 185 Odd Muffe. 14.60 Regularly $60.00 Regularly $35.00 to $50.00 ALL SALES FINAL NONE C.0. D. Higdon, Seal Coats.........65:00 | Netural Hiuaktas, Sass -5°*° 5:00 | 577.50 Beocaded Velvet and Fascy Bixtore ye . Francie Grierson Regulariy $165.00 Coats, sift itned, cura rie 7650 | THE THEATRE FALLS SHORT ||) 2 1 plazeen Hamilton, Auto Conte. ..27.50 to 75.00 | Gray Fox Sets............. 12.50 | $99.50 Chinchifla Coats, also Coats of a dae AND MODERNLIFE... . ) | °° ° SirGilbert Parker in many ailtreat Mads of for ; Regularly $27.50 Novelty Fabrics, sit lined. 10. .00 : i N YEARS: WORK IN THE britLipbtNves, Dean ¢. Worcester Regularly $65.00 to $200.00 ported Novelty Fa Eistaaee rie, W-SCEANING THE DRAMA He, SAVINGS:BANK, lesnc F, Marcosson 52-in, + ai A Lamb Coats. .95.00 Pointed Fox Sets...........22.50 | $35.00 Ural Lamb and Imported Wool Plush FICTION 2225515 1 Ridkard teCattense re Regularly $175.00 Regularly. $50.00 Coats, sifk tined. ret Gane rin, 1.2.50 | y 6 Short Stories : 17 Poems : 100 Illustrations Full Length Pony Coste... 22.50 | Natural Raccoon Mufte 10.50 eS Grcadlate Coste, at 13.50 | And’ tattlin, el by FRANK L. PACKARD, entitled SEH ONY “Yeas swirly Phe o £ Regularly $90.00 gularly R ur e pe iracl e. he an : 52-in. Long Corscul set ..44.50 | Natural Suk Ste . 23.50 Moired Broadtail Costs, this sovel cost you e Februa! vubiica it wi lar! iy 0 guiarly fe! Soak fore is pub! aad “eats $1.80 io aro yy ln, The Munes fist The pub ts an on o Bisam 2 Seal Coats. . - 49.50 | scotch Mole Sets...........47.50 fo other standard, illustrated magazine does this; no other rR eculaciy 110.00 Regularly $100.00 Cr by the Year "7iitz." $1.50 Scotch Mole Coats........135.00 | Alaska Sable Sets...........50.00 ‘Regularly $280.00 j Regularly $125.00 + +: NEW YORK on Seal Coats. .......175,00 Vado fas) Oete 21, SONG 2 ACT ENTIRE ALM LE NEY PIR SB A RE RET NEP REP OI ern