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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Freeport Daily Journal
Location
Freeport, Illinois, United States of America
Date
Dec 12, 1907
Page
5
Long presidential address endorses currency reform corporate regulation and changes to inheritance and income taxes. It argues honest conduct and warns against dishonest magnates, calls for federal supervision of interstate commerce, especially railroads, and supports national incorporation or regulation to curb abuses while preserving corporate benefits.
The speaker argues for balance between capital and labor, opposing a sweeping attack on corporations. He supports prudent regulation, stronger antitrust enforcement, and government supervision of interstate business to curb abuses while preserving honest firms. Publication of accounts and government access to books are proposed, with an ongoing push for a bureau of corporations.
A fragment discusses the tension between liberty and regulation in interstate commerce. It argues virtue must be conserved and exercised with care to prevent liberty becoming harm, noting that unchecked freedom invites wrongdoing and referencing constitutional founders.
A debate on antitrust policy argues that combinations harming public welfare should be blocked by an executive body rather than civil suits. It endorses federal oversight of interstate commerce, praises the pure food and injure laws, and calls for national–state cooperation to regulate monopolies, railways, and markets.
A year ago a congress message urged currency reform to elasticity and safety. It argues that current laws fail business, cites rising per capita money in circulation, credit uncertainty, and volatile rates. It proposes automatic open systems, emergency notes backed by securities, and stronger supervision of banks and trust companies.
The piece argues for retaining protective tariffs to prevent industrial disaster and protect workers. It stresses minimizing business disruption while ensuring revenue and national well being through carefully considered changes. The author advocates evaluating differences in production costs domestically versus abroad and prioritizing self and national interests.
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