The Monticellonian., 1901-12-06
HIS ANNUAL MESSAGE
Synopsis of the Presidents Rec
 omm endations to Congress.
He Touches Upon Many important Questions Among Them 1rusts. Irrigation Works. Isthmtaa
 Canal and Other Things.

The following is brief synopsis of President Rooseveitts message to con gress giving a resume Of his comments and recommendations upon the topics Of greatest interest to the American people:
 The message opens with an official nos tice of the death of the late President Mckinley, and a eulasy of him in which the president says.
 "It is not too much to say that at the time of President McKinley's death he was the most widely loved man in all the United States, while we have never had any public man of his position who has been wholly free from the bitter ahi- mosties incident to public life. Ills po- htcal opponents were the first to bear the hearticSt and most generous tribute to the broad kindliness of nature, the sweetness and gentleness of character which so endeared him to his close dsso- eiates. To a standard of lofty integrity in public life he united the tender afec, tions and home virtues which are all important in the makeup or nationdl character. A gallant soldier in the great war for the union, he also shone as an example to all our people because of his conduct in the most sacred and intimate of home relations There could be no personal hatred of him, for he never act ed with aught bat consideration Tor the welfare of others No one could fail to respect him who knew him in pubic or private life. The defenders of those mnr-
  criminaity by asserting that 1t Is exer- cised for political ends inveigh against wealth and irresponsible power But Tor this assassination even this base apology cannot be urged
 In the same connection he recommends legislation for dealing with anarchy recommending a law that will permit the federal courts 10 handle any man guilty Of taking or attempting to take the life of the chief magistrate or any person In the llne of succession to the presidency. Another Is for a law that will prevent the preaching or teaching of anarehistie doctrines within our boundaries and another is for one that will prevent the landing upon our shores of any person with anarchistic tenden- cies.
 The Trusts.
 He deals with the trust proble>l at con siderable length, citing both the ddVan- tages and disadvantages of these great corporations to the nation. He does not attribute their rise to the existence of protective tariff, but to natural causes that operate in other countries as well as our own.
 He claims that to them the nation owes much of it's present degree of prosperity and commercial and industrial advance ment. that il is the great corporations who have driven the railroads across the continent. and made Us wotld power in the markets of the world.
 He asks for legislation that will control and regulate them, but at the same tune counseis congress to act with caution in 
 number of reasons for the necessity for caution, and of this problem he says;
 "The process has aroused much antago- niSn d great part of which Is wholly without warrant IL is not true that the rich have grown richer the poor have grown poorer. On the contrary, never be fore has the average man. the wage worker. the farmer. the small trader, been so well off in this country and al the present time There have been abuses connected with the accumulation of wealth. yet il remains true that for tune accumulated in legitimate business can be accumulated by the person spe- ciallY benefited only on condition of con ferring immense incidental benefits upon others. Successful enterprise of the ty pc winch benefits all mankind can only eX- isl if the conditions are such us to offer great prizes as the rewards of success
 Aftihcial bodies. such ais corporations and joint stock or other associations de pending upon any statutory law for their existence or privileges, should be subject to proper governmental supervision. and full and accurate tnformat ton as to their operations should be made public regu- ldrlN it reasonable intervals "
 Among his reasons for caution he em- pha@iHes the fact that In whateV leEis- iatton Is enacted II should not. any fur thet than can be avoided, hamper the strong and fnrcefut men upon whom the success of business operations inevitably Tests.
 Another of his reasons for caution is to be found in the international commercial
 
 conditions which have produced the great aggregatiOns of corporate and individual wealth have made them very potent fac tors in international commercial eempe- ution. AS we have only just begun to sume that commanding position III the in ternational business world which We be tieve will be more and more ours, II is of the utmost importance that this position be not jeopardized at the present time, Under such conditions it would be most unwise to cramp or letter lhe youthful strength of the nation.
 But while ne recognizes these conditions as reasons for caution in enactihg trust which need he remPdied. and believes. also that remedies may be applied which will not hamper our present position.
 Of the evils he considers overcap;taI- ization the worst, and of the remedy for these evils he says:
 "Phe first essential in determining how to deal with the great industrial com binations is knowledge of the facts publicity. In the interest Of the public the government should have the right to inspect and examine the workings of the great corporations engaged in inter state business. Publicity is the only sure remedy which can now invoke. What further remedies are needed in the way Of governmental regulation or taxation can only be determined after publicity has been obtained hy process of law and in the course of administration The first requisite is knowledge. full and complete -knowledge, which may be made public to the world.
 ''The large corporations. commonly called trusts. though organized in one state. always do business in many states. often doing very little business in the state where they are incorporated There Is utter lack of uniformity in the state laws about them, and as no state has any exclusive interest in or power over their acts it has in practice proved i'm possible to get adequate regulation through state action. Therefore in the interest of the whole people the nation should. without interfering with the DOW. CT of the states in the matter itself also assume power of supervision and regula- tion over all corporati tions doing an inter- where the corporation derives q portion Of its wealth from the existence of some monOpoliStic element tendency in its business There would be no hardship in such supervision. Banks are subject to it. and in their case it is now accepted as a simple matter of course Indeed II Is probable that supervision of corpora tions by the national government need supervision exercised over them by so conservative a state as Massachusetts in order to produce excellent results"
 The president believes that 1t will be possible to secure the needed remedies for the trust evil under the constitution otherwise he recommends that q c c3nstitu ttonal amendment be subm tteG that will coi fer the DO Se, necessary.
 Tn connection with the trusts he rec ommends legislation creating d cabinet of- fCer. to he kPown as secretary Of .nul- II zee. whose dl t:es wouil be to deal with all Qu stionS concern'ig commerce. l&cer and the merchant maIine
 Chinese Exclusion Necessary
 He recommends the immediate reen- actment Of the Chinese exclusion act as necessary protection for American work