Theodore Roosevelt; an Autobiography eBook

This eBook from the Gutenberg Project consists of approximately 761 pages of information about Theodore Roosevelt; an Autobiography.

Theodore Roosevelt; an Autobiography eBook

This eBook from the Gutenberg Project consists of approximately 761 pages of information about Theodore Roosevelt; an Autobiography.
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

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Theodore Roosevelt; an Autobiography from Project Gutenberg. Public domain.