Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1900-12-06

| sections
need of banking facilities has been most
| pronounced. Iowa stands first with 80
banks Of the smaller class, while Texas.
Oklahoma, Indian territory and the mid
Ole and western sections OF the country
the privileges under the new law. A large
! increase In national bank note circulation
! act which permits national banks to issue
CIRCULATING notes to the par value of the
iGnttedd states bop 6d deposited as security
! heretofore. The increase in circulation
ST. SO I'm -'-<'- - II - NOV e''iDef 49, -
| DUTY OF THE PARTY IN POWER
1t will be the duty am sure it will
be the disposition of the congress to pro-
| ed to insure the continued parity under
| all conditions between our two forms of
ty in power is committed to such legis-
Iatlon as VIII PETER make the currency
responsive to the varying needs of bust
ness at all seasons and in all sections
! GROWTH OF FOREIGN COMMERCE
Our foreign trade shows a remarkable
record of -, commercial and industrial
ports for the first time in the history
of our country exceeded 81 OO0, 900, 600. The
1900 being 81 ss4 4Ss, 0S2, an increase over yer
OF l3 2 over e 1917 of s 9Ssr a aSgf
greater than 1896 by ssh, 6,144
United States is evidenced by the fact
that exports of manufactured products
their value for 1900 Being g . $458. 851 756,
against 1888, 592, 146 in 1899, an increase Of
| also exported during 1900 in greater vol
urne than G in 1899, the total for the year
The imports for the year amounted to
$S49: 941, 1S4. an increase over 1899 of $152-
rails for manufacture. and is in response
to the rapid DEVELOPMENT of manufactur-
While there was imported for use in
manufactures in 1860 material to the value
assuring to observe that there is a ten
dency toward decrease in the importa-
per cent. of the total imports, against
in 1886. -O''' anu --'O' Pei o-i''
REDUCE WAR REVENUE TAXES.
I recommend that the congress at it's
present session reduce the internal rev.
enue taxes imposed to meet the expenses
Of the war with Spain in the sum of $780,
100000. This reduction should be secured
experience has shown to be the most bur
densome to the industries of the people.
in whatever reduction is made the legacy
tax, bequests for public uses of literary,
educational or charitable character.
FOR THE MERCHANT MARINE.
American vessels during the past three
years carried about nine per cent. of our
iTI f ahH imports Forelgn snlps sn4udq
American trade. The remarkable growth
OF our steel indq 46 the progress Of
our steadily maintained expenditures for
the navy t have created an opportunity to
of commercial maritime powers. Besides
realizing a proper national aspiration this
will mean the establishment and healthy
growth along all our coasts of distinct
i've national industry, expanding the field
capital. It will increase the transpor-
tatiOn facilities and reduce freight charg-
from the interior to the seaboard for
export, and will strengthen an army of
fhGl Hnfn h oh he
founders of the government and their
successors have relied. In again urging
measures to promote American shipbuild-
ing and foreign trade, I direct attention
in previous messages, and particularly to
the opinion expressed in the message of
country favors the policy Of aid to our
merchant marine, which will broaden our
sea-carrying capacity for the products of
agriculture and manufacture, which. with
and wages to our cOuntrymen, as well as
a safeguard to American interests in ev-
The attention of congress is invited
to the recommendation of the secretary
legislation in behalf of the revenue cutter
service, and favorable action is urged.
WOULD RESTRAIN TRUSTS.
In my last annual message to the con-
for early action to remedy such evils as
might be found to exist in connection
into trusts and again invite attention to
my discussion of the subject at that time.
is apparent that uniformity of legislation
upon this subject in the several states
that such uniformity, founded in a wise
and just discrimination between what is
injurious and what is useful and neceS-
sary in business operations may be, OBJ
tanned, and that means may De found for
its constitutional power, so to supplement
an effective code of state legislation as
throughout tn ltte the United states adequate
to compel a genera! observance of the
The whole question is so important and
far-reaching that 1 am sure no part Of
phase of it will have the studied DELHI
Grafton of the congress, resulting in wise
are within federal jurisdiction should be
promptly applied by the congress
THE PHILIPPINE QUESTION.
In NV last annual message I dwelt at
some length upon the condition of affairs
in the Philippines. While seeking to i'm
bility Of the future government of those
islands rests with the. congress of the
United States, l abstained from recon-
mending at that time specific and final
form of government for the et territory ac-
and in which as long as insurrection con
tinues the military arm must necessarily
the congress shall have made known the
formal expression OF rs VII TO use the
and the statutes to uphold the sovereignty
of the United States in those distant is
lands as in, all other places where our
flag rightfully floats placing, to that end.
at the disposal of the army and navy all
the means which the lberality o. the
congress and the people have 1rovided-
No contrary expression of the VIII of the
congress having been made, have stead
tasty pursued the purpose so declared.
employing the civil arm as well toward
the Accomplishment of pacif1catiOn and
the institution of local government within
the lines of authority and law.
Progress in the hoped-for direction has
been favorable Our forces have success
fully controlled the greater part of the
islands, overcoming the organized forces
of the insurgents and carrying order