ffffe I WNK GEORGE AV.BERGE, EDITOR AND PUBLISHER 1 II III I II I Volume 18 Lincoln, Nebraska, December 7, 1905 Number 29 President Stilt Strenuous In Mis Demand For Effective Legislation xustury as wen as cuuieiupurary ujmiiuu vviu. wmwcuu President Roosevelt's latest message as one of the best public docu ments of his administration. It contains much that is enlightening, suggestive and even original and is, therefore, the work of a con structive statesman. From a general point of view its most notable feature is a breadth and saneness that reveals clearly Mr. Roosevelt's steady growth. A few years ago the president was wont to exaggerate the merits of our captains of industry, but recent disclosures have modified his judgments of these highly important but frequently venal and. corrupt citizens. The president is now fully aware of their weaknesses and faults and his saner view helps him to un derstand the economic and political evils from which the nation is. suffering and to offer such recommendations as will in some measure correct these evils. No one can now accuse the president of having surrendered his position on the- railway question. He . has accepted no com promise, and while his recommendations may seem in some respects less drastic than' the crisis requires, he has evidently-kept in mind the importance of securing a law that will stand the Jst of the constitution'. rSe.36es . not- attemptfo "minimize the arguments of those who hold that government ownership is inevitable. He con cedes that the arguments are strong and he admits that govern mental regulation of the railways will not accomplish all that its most ardent advocates expect and desire. In this connection he says: ;? - - . 7 "It is because in my judgment the public ownership of rail ways is highly undesirable and would probably entaiL far-reaching disaster, that I wish to see such supervision and regulation of them in the interest of the public as will make it evident that there is no need of public ownership." " But while the president gives expression to this hope that " railway regulation will be effective, there is a note of doubt and fear, a suggestion even of hopelessness, when he discusses the means of suppressing discrimination. He sees that the cunning of modern, commercialism will be able to invent clever evasions of the law and of the orders of the interstate commerce commission. And yet tie president has the hardihood to suggest that an effective way of sup pressing the rebate is to compel a railway to publish as its maximum rate any preferential rate it may grant to a favored shipper, whether the rate be 'made by means of the simple rebate, by free passes or through the medium of private car lines, industrial railways, icing charges, etc.. He would have the interstate commerce commission invested with full power to check these abuses and lie even suggests that congress should permit the commission to overstep state lines and "regulate such local and proportional rates as might U used to accomplish what the railways would lie prevented from accomplish ing by interstate rates. The president does not specify the uutuiv of that -'far-reaching, disaster' which ho fears would result from government owner ship, but he is right in not undertaking a discussion which is at this time foreign to the question in hand. On the whole his recom mendations with reference to railway regulation are wise and am ple, and it h to le hoped that congress will confer upon the inter state 'commerce commission all those powers which the president believes it should have. The friends of government ownership will await the result of government regulation with more satnfactiou if thev know thnt regulation Ulwdiuj fullv and fairlv tried. Throusli government regulation to government ownership U the natural evolu tion. Friend of effective legislation will feel that the prenident might have strengthened his position by urging congress to attach a criminal penalty for violation of the new interstate commerce law. The criminal penalty of the present law was abolished by the Elkins amendment, which merely provides a fine. There was no good reason why the criminal penalty should havo been abolished and the cause of rate regulation would gain much by its restoration. The message has its "weak points, and none is weaker than its reference to the tariff. If the passage had been written by anyone ' but the president it would be called "a straddle." Its chief error lies in the assumption that the demand for tariff revision is not general and that.it emenates from certain 'sections only. The presi dent asserts that it is better certain sections should suffer than that all sections should be injured by a change in the schedules. The demand for tariff revision is the result of trust prices and the people are paying trust prices in all sections of the country. Con sequently the people .aro, united, in asking that congress shall revise those tariffs which give shelter to the trusts. The president's en dorsement of reciprocity is modified by an "if." It may be nec essary and it may not. Should it prove to be necessary congress should favor it. - .'.-"."C ' ' . ' V The weakness of the tariff recommendation is apparent and leads to the suspicion that the president has been so much engrossed by the railway question that he has1 not familiarized himself with the present status of ,the tariff question. It is possible that the president, seeing the danger of division in republican ranks and not caring to offer too many causes for discord, purposely avoids taking a pronounced position, for or against tariff revision. It will bo noted, moreover, that the president is absolutely silent on the sub ject of buying canal supplies abroad, a policy he favored v because he did not think the government, should pay the exorbitant trust prices that have proved so burdensome to the public. The president's policy with reference to the navy shows distinct improvement. He no longer favors lavish expenditures, but pro poses that one battleship be built each year. This policy, however, is dictated not so much by the state of the revenues as by the fear that present-day armaments will soon be out of date. His pro posal that troops be concentrated at larger military posts and that the smaller posts be abandoned is worthy of careful consideration. If the effect of such a change be to decrease the number of posts near large cities, the plan will meet with" popular, approval, but if the effect be to remove the troops from minor posts to posts near tho cities, the people are apt to suspect a conspiracy against strikes. ' In making his excellent recommendations regarding government control of corporations the president seems to assign life insurance companies- to the corporation class and .: hold's ths national should replace state legislation because state legislation has proved deficient. With respect to corporations this is true, and quite untrue with rexpeci 'to life iiiMuranee companies. The failure to obtain proper regulation of life insurance companies is due to the neglect and wrongdoing of life insurance inspectors ami of legislators. Tho lesson taught by the life insurance disclosures is that letter men mut bo elected to all office within the gift of the people and not that the federal government should murp the prerogatives of tho states. If emigre decides to legislate upon the subject of insur ance its legislation should supplement rather than replace stato legislation. The prendent reiterate hi Mief that there should U ''the eh ment of elasticity in our enrrer.ey." Thi wuuhl seem to lie an indirect approval of the -et currency scheme which has found much' favor among the bankers who formerly la-bed them selves