Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1901-12-05

work for their own countries just as
railroads work for their terminal
points. Shipping lines, if established to
the principal countries with which we
have dealings, would be of political as
well as commercial benefit. From eY'
cry standpoint it is unwise for the
United States to continue TO rely upon
the ships of competing nations for the
distribution Of oul goods. 1t should be
made advantageous TO carry American
goods in American built ships.
At presenl American shipping is I'M
der certain great disadvantages when
put in competition with the shipping
of foreisn countries. Many of the fast
foreign steamships, at a speed Of four
teen knots or above, are subsidized,
and all our ships, sailing vessels and
steamers alike, cargo carriers of slow
speed and mail carriers of high speed,
have to meet the fact that the original
cost of building American ships Is
greater thaa is the case abroad; that the
wages paid American officers and sea-
men are very much higher than those
paid the officers and seamen of foreign
competing countries, and tina. the
standard of living on our ships is far
superior to the standard of living on
the ships Of our commercial rivals. Our
government should take such action as
will remedy these inequalities. The
American merchant marine should be
restored to the ocean.
Financial.
The passage Of the act establishing
gold as the standard money has, 1t is
declared, been shown TO be timely and
judicious. The president adds:
In many respects the national bank
ing law furnishes sufficient liberty for
the proper exercise of the banking
function, but there seems TO be need
of better safeguards against the de-
ranging influence of commercial crises
and financial panics. Moreover, the
currency Of the country should be
made responsive TO the demands of our
domestic trade and commerce.
Economy in expenditures is urged.
Amendment Of the interstate commerce
act is advised to insure the cardinal
provisions Of that act. The work car
rled on by the department Of agricul-
ture is next considered and praised
highly. The president then turns to
forest preservation and irrigation of
arid lands, saying that both are highly .
necessary. He would put all the work
In connection with the forest reserves
in charge of the bureau Of forestry.
Irrigation.
The president continues by tracing
the connection between the forest re-
serves and the water supply. He says:
The forests are natural reservoirs. I
By restraining the streams in flood
and replenishing them in drought they /
make possible the use of waters other
wise wasted. They prevent the soil
from washing and so protect the stor-
age reservoirs from filling up with
silt. Forest conservation is. therefore,
an essential condition of water conser-
walton.
The forests alone cannot, however,
fully regulate and conserve the waters
of the arid region. Great storage works
are necessary TO equalize the flow of
streams and TO save the food waters.
Their construction has been conclu.
sively shown TO be an undertaking
too vast for private effort. Nor can il
be best accomplished by the individual
Cfafa1 aatfprr oil rTla
should construct and maintain these
reservoirs as ii does other public works.
Where their purpose is to regulate the
flow of streams, the water should be
turned freely into the channels In the
dry season TO take the same course
under the same laws as the natural
flow.
The reclamation Of the unsettled arid
public lands presents a different prob.
lem. Here II is not enough to regulate
the flow Of streams. The object of the
is TO dispose of the land
to settlers who win build homes upon
It. To accomplish this object water
must be brought within their reach.
The pioneer settlers on the arid pub.
lie domain chose their homes along
streams from which they could them
selves divert the water to reclaim their
holdings. Such opportunities are prae.
tically gone. There remain. however,
vast areas of public land which can be
made available for homestead settle
ment but only by reservoirs and main
line canals impracticable for private
These irrigation works
should be built by the national govern
ment. The lands reclaimed by them
should be reserved by the government
for actual settlers. and the cost of con.
struction should, so far as possible, be
repaid by the land reclaimed. The dis.
tribution of the water. the division of
the streams among irrigators, should
be left to the settlers themselves in
with state laws and with.
out interference with those laws or
with vested rights.
The declaration is made that in the
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