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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Sullivan Union
Location
Sullivan, Indiana, United States of America
Date
Dec 04, 1907
Page
5
The president urges new currency laws corporate regulation inheritance and income taxes to curb dishonesty and protect the public. He argues national government must supervise large corporations to prevent abuse while preserving beneficial enterprise and economic growth.
President argues for expanded federal activity and centralized regulation of interstate commerce, especially railroads. He calls for a national incorporation act or licensing for railways, with power for the Interstate Commerce Commission to value railroads and approve security issues, while states and courts retain complementary roles.
The speech argues for targeted federal oversight of interstate business combinations to prevent abuse while recognizing that corporations and labor unions are inevitable and can be beneficial. It condemns sweeping prohibitions as harmful and urges rigorous, selective control to protect the public and support honest enterprise.
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