Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1896-12-11
PRESIDENTS MESSAGE.
CONTINUED FROM THIRD PACE.

CURED or may occur need excite or dis
turb us.
To meet any such deficiency, we have
In the treasury, In addition to gold
reserve of 100000, 900. a surplus of
more than sr2S,ooo,ooo applicable to the
payment of the expenses of the govern
mcnt, and which must, unless expended
for that purpose, remain a useless hoard,
or, If not extravagantly wasted, must in
any event be perverted from the pur-
pose OF its exaction from our people.
The payment, therefore, of any def
cheney I'm the revenue from this funl Is
nothing more than Its proper and legiti-
mate use.
The government thus applying a sur.
plus fortunately in its I easury to the
payment of expenses not met by It's cur
rent revenues is not at all to be likened
to a man living beyond his income and
thus mourning debt or encroaching on
his principal II is not one of the func-
lions CT our government to accumulate
and make additions to fund not needed |
for immediate expenditure With indi- |
viduals II is the chief of struggle and ef-
fort. The application of an accumulate
fund by the government to the pay
ment OF Its running expenses is duty.
An individual living beyond his income
aud embarrassing himself with debt or
drawing upon his accumulated fund or
principal is either unfortunate or i'm
l.. l.
government charged with the duty OF
expanding for the benefit of the people
and for proper purposes all the money
1t receives from any source and the In
dividual who Is expected to manifest n ,
natural desire to avoid debt or to accu-
mulate as much as possible and to live
within the income derived from such
sccumula;ions, to the end that they may !.
be Increased or at least remain un.
impaired for the future use and enjoy
ment of himself and objects of his love
and affection who may survive him. ),
IL Is immeasurably better to appro-
PIRATE our surplus to the payment of
justihable expenses than to allow II TO
become an Invitation to reckless appro-
priations and extravagant expenditures.
I suppose II will not be denied that un.
der the present law our people obtain
the Eecessaries of comfortable exist y
ence at cheaper rate than formerly.
This Is a matter Of supreme importance. y
since II is the palpable duty of every Just 8
government to make the burdens of ',
axation as light as possible. The PEG. ~
'le should not be required to relinquish ~
his privilege of cheap living except -
lnder the stress of their government,
'ecessarily made plainly manifest. ="
TRUSTS ne
Another topic In which our people
ightfuliy take deep inse rest may be
ere briefly considered. refer to the
xistence OF trusts and other huge ag- agi
regations of capital, the object of which me
to secure the monopoly of some par La
cular branch of trade. Ind,strv Or co.,, tiol
erce, and so stihe wholesome compe- re
ton. When these are defended II Is leg
'ualiy on the ground that, though they La'
crease profits, they also reduce prices, It's
I'd thus may benefit the public. II and
ust be remembered, however, that a l.
duotion of prices to the people Is not 100
c main object of these organizations, con
u Is their tendency necessarily In that II
rection. IL II occurs In a particular and
sc ills only because II accords with oeei
G purpose or interest of those manag- dele
Z the scheme reso
col
such Irrational results fall far short agar
compensating for the palpable evils reo'
arged 10 m. a..o,,,., - -. clud
'nopolies. Their tendency Is to crush ''"i'
individual independence, and hin.
or prevent the free use OF human
ulties and the full development of Ii
man character rbro,rh - tive
mer, the artisan and the small trader WIN
n danger of dislodgement from the and
ud position OF being his own master, oeh'
ichful OF all that touches his coun. whei
s prosner,tv Ia ,vh,.h - const
idual lot, and interested In all that Pea'e
cts the ADVANTAGE Ss ,..,,sA the Al
or and TO be related to the level of a IN
re appurtenance TO a great r,.,,,a Bryan
h little free will Win ~ A., -, be COZ
OF passive obedience, and with little orieh,
c or opportunity of raising In the press
c of responsibili,v ana S..,....., shall !
enship. To the i,.,,,..,.. ,,-, read a
such is the inevitable trend Of
IS and monopolies is due the wide.
40 and deep-seated popular aversion GU