Presidents -- United States -- Messages; United States -- Politics and government -- Sources
legitimately reduced the cost of production, not to abandon the place
which our country has won in the leadership of the international
industrial world, not to strike down wealth with the result of closing
factories and mines, of turning the wage-worker idle in the streets and
leaving the farmer without a market for what he grows. Insistence upon
the impossible means delay in achieving the possible, exactly as, on
the other hand, the stubborn defense alike of what is good and what is
bad in the existing system, the resolute effort to obstruct any attempt
at betterment, betrays blindness to the historic truth that wise
evolution is the sure safeguard against revolution.
No more important subject can come before the Congress than this of the
regulation of interstate business. This country can not afford to sit
supine on the plea that under our peculiar system of government we are
helpless in the presence of the new conditions, and unable to grapple
with them or to cut out whatever of evil has arisen in connection with
them. The power of the Congress to regulate interstate commerce is an
absolute and unqualified grant, and without limitations other than
those prescribed by the Constitution. The Congress has constitutional
authority to make all laws necessary and proper for executing this
power, and I am satisfied that this power has not been exhausted by any
legislation now on the statute books. It is evident, therefore, that
evils restrictive of commercial freedom and entailing restraint upon
national commerce fall within the regulative power of the Congress, and
that a wise and reasonable law would be a necessary and proper exercise
of Congressional authority to the end that such evils should be
eradicated.
I believe that monopolies, unjust discriminations, which prevent or
cripple competition, fraudulent overcapitalization, and other evils in
trust organizations and practices which injuriously affect interstate
trade can be prevented under the power of the Congress to "regulate
commerce with foreign nations and among the several States" through
regulations and requirements operating directly upon such commerce, the
instrumentalities thereof, and those engaged therein.
I earnestly recommend this subject to the consideration of the Congress
with a view to the passage of a law reasonable in its provisions and
effective in its operations, upon which the questions can be finally
adjudicated that now raise doubts as to the necessity of constitutional
amendment. If it prove impossible to accomplish the purposes above set
forth by such a law, then, assuredly, we should not shrink from
amending the Constitution so as to secure beyond peradventure the power
sought.
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