Albuquerque daily citizen. [volume] (Albuquerque, N.M.) 1895-1903, 1900-12-03

facilities in many small communities
hitherto unable to provide themselves
with banking institutions under the ma
tional system. =
"a large increase OF national bank
note circulation has resulted from pro-
vision Of the act which permits national
banks to issue circulating notes to a
par value with United states bonds de-
posted as security. instead OF only 90
per cent thereof as set forth. The In
crease OF circulation notes from March
IL to November 80, was s77.sse.57o.
THE party in power committed to
such legislation as will better make the
currency responsible to the varying
needs Of business at all seasons and In
all sections" Continuing the message
says:
"Our foreign trade shows n remark
able record Of commercial and indus
trial progrcss. The total OF imports
and exports for the first time In the
history OF our country exceeded two bill
lions OF dollars
The president recommends a reduc-
ton in war revenue taxes. beginning
with those Most burdensome TO the
people"
He wishes to see the upbuilding OF
the American marine as field for
profitable employment Of labor and
capital"
Referring to trusts the president uses
the following language In my last
annual message 60 congress | called at
tention to the necessity for early action
to remedy such evils as might be found
existed in connection with combinations
OF capital organized into trusts. and
again invite attention to my discussion
OF the subject at that time"
''The president refers TO his last mes
sage in which he dwelt al some length
on the Philippine question. He also
repeats the lengthy instructions to the
secretary Of war in regard to the APP
pointment Of Philippine commission.
and speaks of General MacArthur's
amnesty proclamation. The preliminary
report OF the commission mentioned. as
are later reports. which show yet more
encouraging advances towards insur-
ing the benefits OF liberty and good
government to the Ff.lplnos,"
The president continues: II have
upon another occasion called the Fill
pinos the wards OF the nation. our OBJ
ligatlon as guardians was not lightly
assumed 1t must not be otherwise than
honestly fulfilled. aiming first OF all TO
benefit those who come under our fos-
tering care. II Is our duty to treat th IN
so that our nag may be no less beloved
In the mountains OF Luzon and the fer
tile zones of Mindsnao and Negros
than it is at home, that there as here
shall be revered the symbol Of liberty.
anllghtment and progress in every ave-
nue. Of development.
THE Fillpinos as race are quick to
learn and profit by knowledge. III
would be a rash people, who with
teachings OF contemporaneous history
IN view, would fix a limit to the degree
II culture ana advancement yet
within reach of those people II our duty
toward them be faithfully performed"
The president asserts that the civil
government provided for Porto Rioo by
action OF copgress Is IN successful op-
Grafton and recommends that dIsposi-
.le1 ei public lands there be provided
for by law. Instruction ana address Of
the military government Of Cuba re-
gardlRg holding a general election. IN
both of which purpose the United
States exercised sovereignty over the
sland Is dlsclalmed. Is next quoted.
Recommendation for Pacific gable Is
renewed
For proper garrisoning OF the army
posts and care Of the defensive ma
| chinery OF the government and meeting
necessary considerable force IN the
Phili cpinss. the date OF discharge OF the
volunteer force being close at hand and
being inadvisable TO reduce the forces
in Cuba and Porto Rico. the president
| says there is need of from $4,000 to co.
900 men, increasing the army to 100000
in the immediate future. The message
says:
| Il am sure the number may be Pc
duced a9 insurgents shall come to DC
knowledge the authority of the United
Staes. OF which there are assuring In
dications"
Referring 10 the postoffice department
the president says Continued and
rapid growth OF the postal service u
sure index of the great and increasing
business activity OF the country. Its
most striking developments Is extern
sion OF rural free delivery. This service