President Urges Broad Reforms to Regulate Interstate Commerce
The president calls for amending the Sherman Act to allow public-interest combinations under strong federal oversight. He urges rail and telegraph regulation through the Interstate Commerce Commission, publicity for corporate dealings, and wageworker protections including pensions, eight hour days, and higher judges' salaries. He cautions courts and public opinion, stresses forest preservation, inland waterways modernization, and educational support. He notes Panama Canal progress, Cuba and Porto Rico status, and naval expansion.
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