that are doing well and those that are doing ill; and
the distinction between those who do well and those
who do ill would be defined in terms so clear and
unmistakable that no one could misapprehend them.
Where a company is found seeking its profits through
serving the community by stimulating production, lowering
prices, or improving service, while scrupulously respecting
the rights of others (including its rivals, its employees,
its customers, and the general public), and strictly
obeying the law, then no matter how large its capital,
or how great the volume of its business it would be
encouraged to still more abundant production, or better
service, by the fullest protection that the Government
could afford it. On the other hand, if a corporation
were found seeking profit through injury or oppression
of the community, by restricting production through
trick or device, by plot or conspiracy against competitors,
or by oppression of wage-workers, and then extorting
high prices for the commodity it had made artificially
scarce, it would be prevented from organizing if its
nefarious purpose could be discovered in time, or pursued
and suppressed by all the power of Government whenever
found in actual operation. Such a commission,
with the power I advocate, would put a stop to abuses
of big corporations and small corporations alike;
it would draw the line on conduct and not on size;
it would destroy monopoly, and make the biggest business
man in the country conform squarely to the principles
laid down by the American people, while at the same
time giving fair play to the little man and certainty
of knowledge as to what was wrong and what was right
both to big man and little man.
Although under the decision of the courts the National
Government had power over the railways, I found, when
I became President, that this power was either not
exercised at all or exercised with utter inefficiency.
The law against rebates was a dead letter. All
the unscrupulous railway men had been allowed to violate
it with impunity; and because of this, as was inevitable,
the scrupulous and decent railway men had been forced
to violate it themselves, under penalty of being beaten
by their less scrupulous rivals. It was not the
fault of these decent railway men. It was the
fault of the Government.
Thanks to a first-class railway man, Paul Morton of
the Santa Fe, son of Mr. Cleveland’s Secretary
of Agriculture, I was able completely to stop the
practice. Mr. Morton volunteered to aid the Government
in abolishing rebates. He frankly stated that
he, like every one else, had been guilty in the matter;
but he insisted that he uttered the sentiments of
the decent railway men of the country when he said
that he hoped the practice would be stopped, and that
if I would really stop it, and not merely make believe
to stop it, he would give the testimony which would
put into the hands of the Government the power to put
a complete check to the practice. Accordingly