PRESIDENT ROOSEVELT AND TRUSTS.
Received May-31, .11.10 p.m. LONDON, May 31. President Roosovelt, speaking at ilndianopolia, said that property was less in jeopardy from socialists and .anarchists than from men of wealth. The Government did not, intend to refrain from asserting the nation's right to control businesses and the use* of wealth, especially in a coporate form. The Government must exercise over railways a power analagous to that exercised over .national banks and must prevent over-capitalization or the undue inflation of securities. Every honestlymanaged railway will gain under this policy. The Government propose in no sense to be punitive or vindic- ~""'"~ live. No State was powerful enough to cope, legislatively with the power'V f ul corporations engaged in interstate commerce.
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Wairarapa Age, Volume XXX, Issue 8453, 1 June 1907, Page 5
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120PRESIDENT ROOSEVELT AND TRUSTS. Wairarapa Age, Volume XXX, Issue 8453, 1 June 1907, Page 5
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