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President Roosevelt's Message on Economy and Regulation
The President's Message to Congress celebrates seven years of surplus, outlines tax declines, and advocates federal oversight of interstate commerce. He calls for strengthened control over railroads and telegraphs, publicity for railway finances, and a framework to curb fraudulent stock practices while preserving investor protection. He warns against strict anti monopoly bans and urges balanced reform with government supervision and fair returns for workers, shareholders, and the public.
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