Letters of Franklin K. Lane eBook

Franklin Knight Lane
This eBook from the Gutenberg Project consists of approximately 419 pages of information about Letters of Franklin K. Lane.

Pardon me for this typewriting, but I thought that you might prefer a letter in this form which you could read to one in my own hand which you could not read.  Believe me, as always, faithfully yours.

FRANKLIN K. LANE

From Berlin, Lane received from Theodore Roosevelt, dated May 13, 1910, these lines,—­

" ...  I think your letter most interesting.  As far as I can judge you have about sized up the situation right.  With hearty good wishes, faithfully yours,

THEODORE ROOSEVELT

TO JOHN H. WIGMORE

Washington, March 2, 1911

My dear John,—­No other letter that I have received has done me as much good or given me as much pleasure, or has been as much of a stimulus, as has yours.  The fact that you took the time to go through the report so carefully is an evidence of a friendship that is beyond all price, and of which I feel most unworthy.  I have had the figures checked over, resulting in some slight changes, and will send you a revised copy as soon as it is printed.  The newspaper criticisms are generally very friendly, although the financial chronicle, the wall street journal, and other railway organs are extremely bitter.  The Western papers do not seem to have been very much elated over the decision.  It has appeared to me from the beginning as if they had been “fixed” in advance and that their reports were always biased for the railroads, but the country at large will realize, I think, before long, that the decisions are sound, sensible, and in the public interest.  Some of the least narrow of the railroad men also take this view.  The best editorial I have seen is in the New York evening post. Sincerely yours,

FRANKLIN K. LANE

P. S. I got this note from Roosevelt this morning, headed the Outlook:—­

“Fine!  I am really greatly obliged to you, and I shall read the report with genuine interest.  More power to your elbow!  Faithfully yours.”

“This report was known,” Commissioner Harlan explains, “as the Western Advance Rate Case.  It was one of the first of the great cases covering many commodities and applying over largely extended territories.  In his opinion denying the rate advances proposed by the carriers, Commissioner Lane discussed the Commission’s new powers of suspending the operation of increased rates pending investigation and the burden of proof in such cases.  He marshalled a vast array of facts and figures and announced conclusions that were accepted as convincing by the public at large.  He then pointed out that the laws enforced by the Commission sought dominion over private capital for no other purpose than to secure the public against injustice and thereby make capital itself more secure.”

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Letters of Franklin K. Lane from Project Gutenberg. Public domain.
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