ROOSEVELT'S REMARKABLE MESSAGE.

Rangitikei Advocate and Manawatu Argus, Volume XXXIII, Issue 9064, 3 February 1908, Page 5

ROOSEVELT'S REMARKABLE MESSAGE.

VEHEMENT DENUNCIATION OF TRUSTS. PROGRESSIVE MEASURES FORESHADOWED. Press Association.—Copyright. IFtecieved Feb 3, 4.25 p.m. New York, Feb. 1. In what, on all hands is admitted to be the moat impassioned and stirring document ever issued from White House and which takes the form of a special message to Congress President Roosevelt vehemently denounces the methods of the Standard Oil Trust and the Atchison Line and the whole web of business corruption. He urges that further legislation must be passed, and suggests the prevention of the grosser forms of gambling in stocks, and “futures” in commodities.

Regarding railroads, the President says they should issue stocks and bonds only in a manner approved by the Federal Government, and, he proceeds, be used for improvements, not for enrichment either of an individual or a syndicate. The Federal Government must assume a certain measure of control over the physical operation of railroads in handling inter-State traffic. Besides their rights as employers they must be impressed with their obligations and duties towards employees, investors and the general public. He recommends, inter alia, the re-enactment of the Employers’ Liability law, in conformity with the Supreme Court’s decision that it should be confined to corporations doing inter-State business. Democrats in both Houses applauded the message. In the Senate Jefferson Davis described the message as the best democratic document that had ever emanated from a Republican President..