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138

THE HONGKONG DAILY PRESS, FRIDAY, MARCH 6TM×, 1-68

PRESIDENT ROOSEVELT AND THE TRUSTS

President Roosevelt hag sunt a special Mes sage to Congress dealing with tract Ingilation and arging the taking of measures to stamp out businom corruption. It consists largely of an impassioned defence of the course taken by the

['against the effort to bring at the stood, Writers on cricket have been busy moral regeneration of business, which would discovering objections to the proposal, but they prevent a repetition of the insurance, banking, have overlooked the main point, which is that and street railroad scandals in Yew York, a the proposal was made for the very reason that reposition of the Chicago and Alton deal, a thora aca vary signal obolious to the existing repetition of the combination of certain profes state of affaire. In fact, the real question is sional poʻįticions, professional labour fasders, not what are the objap ions to the triangulat and big fuanciers, from the disgrace of which gems, but whether the objections to the

p'an are not greater, of the offert of the Standard Oil people to crash

Administration in prosecuting law-breaking: San Francisco kas just heen rowued, a repetition trath is that thera bay bien a kind of

corporations and of an exhortation to continus the same polley.

The President bogize by asking for further legislation in this direction. The Employers Liability Law, he says, should be re-enacted so as to make it conform to the Supreme Court decision that it must be limited in its operation to corporations doing inter-State business. The Mensage asks that compensation should be pro- vided for all Government employes injured in the Government, service, especially Isthmian Canal enintoyes, and it declares that there should be no necessity for lawenits to gain such com- pensation. President Roosevelt suggests that the issus of injunctions, particularly in labour controversies, stinkd he surrounded by info guards so that individuals should not be enjoined from exercising their proper rights,

The Inter State Commerce Compassion should be empowered to review soy rate of practice of railroad and on its own initiative it should be able to issue an order prohibiting an advance in rales-pending-examination by the Commission There should be provided means of making a physical valuation of railroads, and railroad should no longer be allowed to insuɔ stooks and hoods save in a manner approved by the Federal Government, which would make sure that the proceeds would be used for improvements and would not go to the enrichment of an individual or syndieste, The Federal Geserument must Also assume a certain measure of control over the physical operation of railroads bandling inter-State traffic, and determite the conditions on which cars shall be interchanged between the different inter State railroads. It. must also draw up a schedule under which, perishable commodities shall be moved...

The law should correct that portion of the Sherman Act which probibits all "combinations, whether roagonable or unreasonable, but this should be done only as part of the general scheme to provide effective and thorong-going supervision by the national Government of all operations of the big inter State businese concerns. The Massage continuas :--

Each and every one of these laws, if onnetod, would represent a part of the campaign, and make the class of great propertiriholders resliza that property tax duties no less than right When the Courts guarantee to the employer, as they should, the rights of an employer, and to properly the rights of property, they should less emphatically make it evident that no they will exact from property and from the employer duties which, Becessarily accompany these rights Kitharter laws have failed" on this point of anforcing the performanes of the duty of the man of properly toward the man who 'works för hío,ˆadă, that of the man of great wealth, especially if he uses his wealth in corporate form, towardo the investor, the wage-worker, and the goveral public. The permanent failure of a man of property to fullil bis obligations would ultimately sure the wresting from him of the | privileges which he is entitled to anjoy only if he recognizes the obligations accompanying them."

|

onl every competitor, to overswe common, impasió created in lab whational orick it. We in carriers, and to establish a monopoly that treata England hává mala up on mind that the the public with the content which the public South Afciosas have proved their right to be decartes so long as it permits such principios to treated on an equality with the Australians, in Le soted on with impunity. The same sutory fact, many Eurlish ericketers consider that the that was made against the Department of Justice South Africans would very likely bost the for prosecuting the heads of colossal corporations Australians on pressnt form. Now, as the has been made against the men who, in San county clubs do not want our cricket season to Fransisco, presented with impartial severity be completed with a Colonial visit on oro than the wrongdoers among business mea, publid ones in three years at most, and as we most, it officials, and labour leaders alike-namely, that sees, invite the Australians and the Smith it would hurt business. The principle is the Africans torn and turn about, it is evident same in the two casos,

that if ayoh team comes in a diffrent sosson we shall have the Australians have only once in every six years.

"Just as the blackmailer and briba-givar stand on the asme exil eminence of infamy, so the man who makes on anormous fortune by corrupting Legislatures and municipalities and seeing-stockholders-and-the public, stands on 119-same moral level with the oratore who fatters on the blood money of the gambling-, house.saloon. Both kinds of gorraption are far more intimately connoted than would appear at first sight... Corrupt business and corrupt politics rct and react with over- inerowing debasement' one the other. The corrupt hand of a corporation and the corrupt labour leader are both in the same degree quemies of honest corporation and the honest labeur union. The rebate-taker, the fañobine trafficker, the manipulater of seneities, the purveyor and protaster of visa, the blackmail ing ware borg, the balllot-box stuffs, the emagogte mob leader, the hired bally, and the in-killer all alike work at the same web of corruption, and all alike should be abhorred by honest mon. A business which is hurt by the morament for honesty is the kind of business which in the long run it jugs the country to have burt. It is the kind of business which has tended to make the very name of high fluence term of scandal to which all honest. American man of business should join in putting au ead.”

President Roosevelt answers those opponents who criticized the Judges for heavily Guing the 8andard Oil Corporation and the Atchison Railroad, declaring that American Judges as a whole are brave and upright men. No man," 10 says, “should lightly criticiza a Judge, and no man should eren in his own mied condemu ¦ a Judge unless be is sure of his facts. If a Judge is sailed for standing against popular folly, and, above all, against mob violence, all honourable men should rally instantly to his support.

Referring to the fact that his opponents "egard the movement against corruption as purely economic, the Prasidonf Buys that it is

undamentally an ethical movement, He does not subscribe to the cynical belief that lishonesty and unfair dealing, are essential to business Hucess to bacondoned rhon Lie KUCCANE is moderate and applauded when this success is great. The methods whereby this andard Oil people and those engaged in other combinations of which I live epokon here achieved great fortunes ond only be justified by the advocacy of a system of morality which would also justify orory form of criminality on the part of a labour union, and every form of violence, corruption, and fraud, from mantler to bribery and baflot-box stuffing, in politima,"

President Roosevelt concludes with a quota lioz from Abraham Lincol's Gettysburgspeech

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|

"Thus the Australians will apparently be great logora by not accepting the triangular scheme, They will come heroin 1902, and thus not again till 19:5. sinthe South Africans will come in 1919. The Australians at the same time will, presumably, receive visits from us only ouse in every six years. But under the triangular scheme, which brings the Australians and South Africans to England togather once in every throw yours, the Australisus will have just sa- much orisket with us sa heretofore.

!

If we are to treat the Spulb-Africans as they' deserve, we can only offer this Australians half the amount of cricket which they have had with me hitherto unless the triangular systern is adopted, or unless the county clubs forego their own interests and socupt Colonial visita more often than they want them.

they for a loam

The county, clubs are rather inclined to. think that their interests should be altand-d to, siage upon the county clubs.alo e depends the whole fabric of first class orieket, As is well known, nearly all the county clubs are ran at an annual sent to Australia by the M.C.C.. st. a loss of £1,000, They me an Angtralian team-come- Fover bere and make enough profit to divide op so as to give batween £100 and 1800 to each of its individual members. They son only about £320 at most coming to them from a Colonial visit that realises about twins an much to the individuals who play for the Colonial teaux,

Of course, the county clubs. which have Test matches on their grounds are well-toeagh-satisfied, since, they make about £2,000 from the Colonial visits: but only four of the fourteen counties have Test matches en their grounds.

It is abundantly evident that the Australians do arceadingly well and the majority of the county clubs exceedingly badly out of var cricket with the Australigus. Honco the county clubs may be pardoned if they desire that Colonis! team should not bo invited here too frequently,

Were the choice still between the old arrange ment and the new proposal probably the caus. ties would not care very much. But the off arrangement has automatically Ispard by the advent of the South Africans. "What thecorn- tias ses is that if the continuity of our cricket with the Colonies is to be maintained, as iş evidently desirable, either counts orisket must safer or the proposed, triangalar system must

be adopted.

Hendo it is that there is every probability that we shall have the Triangular Tournament in 1909. Some writers some to think that tho Australians will object. But it seems to m that the Australians have most to lose of the Chroe parties under the existing plan of independent visits, and most to gain by the proposed scheme.

The idea that dates and grounds for Test matches are difficult to find is a myth: So, too, is the idea that the programma of county fix- tures is greatly complicated by two Colonia! teams bring here together in the same year. People do not seem to see that under,_the triangular scheme England plage six Test matches instead of five, that is "all, The matches between Australia and South Africa here'msk no odds to our cricket whatever, they are merely a very interesting addition.

Proceeding, President Roosevelt says it is por ble and certainly desirable that measures should be taken to prevent at least the grosser forms of gambling in securities and commodities, Buch es making large sales of what men de not Mr. Roosevelt says both the State and the possess aud “cornering a market. “There is" National Governmente have to do their part in he declares, as moral difference between regulating corperations. If Congress nogleats gambling at cards, in lotteries, and on the rans- to do its part," the State will 'act, separately. track, and gambling on the stock market. One times winsly, sometimes auwisely. He ex mothed is just as pernicious to the body politie prrasse unbounded confiience that the great as the other. In kind and in degree the oviluation will succesfally, accomplish the tank worked by stool, gambling is far greater." which it is committed. Notwithstanding the The President admits that legislation on this past two months of fiuncial stress, the Pee- point would have to be undertaken with great - sident does not believe for a moment that the care so as not to interfere with legitimate busi- acts of the Administration brought on the panto, nees. It would be necessary to study the but if they did, and they had is to do over again, Ruccesses and failures of foreign legislators who they would not hesitate to cut out the rattenness bad worked along thisline, notably in Germany. from the body politic. Aflor remarking that in a Federal Republic like to United States, the dealing with this matter by the Federal Government presents spacial difficulty, President Roosevelt proceeds:

It is not possible to examine the details of the "But if it is possible to devise a way to deal

tríanvular scheme in a short article. But any with if, the effort should be made, even if only

one who troubles to analyss precisely want it in a cautious and tentative way. It would seem

means in the concrete will discover that the that Federal Weverament could at least act by

objections to it which bere ban nggly forbidding the use of the mails and telegraph.

auggested exist chiefly in imagination. There and telephone wires for mere gambling in stooke

The net remit of the meeting of the Advisory is no doubt that the triangulangournment is just as it does in the case of lottery Committee of representatives of the coy only parties likely to heaitats are the county and futures,

in the interests of all parties cono rued........ 'The tracenotione,"

erlokot clubs at Lord's last Monday in that the clubs which have at present Test matches on Noting that officers of the Standard Oil proposal for a triangular tournament initiated their grounds since they do very well sit is. Company and of the Atchison, Topeka, sud by Mr. Abe Bailey has become a practical But, they will do just as well under the new. Santa Fé Railroad, after a heary fine had been inflicted on those concerns for rebate traps. 1830e. The proposal was in the first instance scheme. If the Australians do not fall in with actions, osme out with widely-circulated ads by Mr. Aba Bailey on behalf of the statements protesting their innocence and South African Cricket Asscoiation to the the triangular idea it will be either because they denouncing us

the action of M.CC. Committes, and was necessarily by do not understand the position, or because they improper

them referred to the committees of the county think the counties, who really bars the deciding the Ccurfs in. convicting them, tir cricket clubs The county clube, through voice if they are to raise it, will ust troable to Message says that the statements in question their representatives on the Advisory Com-stand out for what they want, and fairly want. wer very elaborate, very inganions, and unmittee, have expressed their approval of the truthful in important particulars. Iù proof of

IMPERIAL CRICKET.

www.m

A TRIANGULAR TOURNAMENT PRODABLE IN 1909,

By C. B. Ery.].

LATEST STEAMER MOVEMENTS.

promoting the

The C.P. R. str. Biprese of fadit arrived at It is clear from various articles which have Nagasaki at 330 pm, on Wednesday, 4th inst,

1 been published on the subject that the onse for and left again at 7:30a.m. Thursday for Shang

T Mr. Abe Bailey's proposal is freely misunder- hai where she is due to arrive at3pm, to-day.

MOTHER

this the President submits a letter written by proposal, and, in accordance with recoguised the general freight manager of the Atebism, procedure, have informed the M.C.C. that Topoke, and Santa Fe Company to the auditor they are ready to assist in

scheme. of the same company on February 27, 1967, setting forth the terms of the rebate agreed by President Ripley, on her home on himself on fuel oil. This, President Roosevelt saye, showe the utter falsity of the plan of ignorance made by (be president of the Atchison Company, a similar plea, of the Standard Oil Company being equally without foundation." Mr. Roosevelt declares that the attacks upon the Administration's policy emanate from per- chased politicians and purchased newspapers. "They, he goes o "are bat puppets which move as the strings are pulled. It is not the puppets, but strong cunning men and mighty forces for evil behind those pappetz, with which we have to deal."

In reply to the taunts from these sourges that the authorities did not secure the imprisonment of, instead of fining, the offenders under the. Anti-Trust Law, he says: This is what we are striving to do, and bare actually done with some very wealthy criminals who represent that most baleful of alliances between the corruption of organized politics and the corruption of high finance." He instances the Gayanor Greene case,

| a case of misapplied bank funds at Chicago,

and also land fraud osser,

The key note of all these attacks," procede the Presiden!," is well expressed in the brazen protests against any effort for the moral re- generation of the business world on the ground that it is unnatural, unwarranted, and injurions, and that a business penie is the necessary penalty of such an effort, The morality of such plea is precisely as great sa if made on baball-of-men-caught-in-a-gambling-establish ment when raided by the police:* If auch words nean anything, they mean that those whose sentiments they represent stand

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