The Globe-republican., 1901-12-05

ence in the past has shown that sweeping
eonditions eloseiy. approaehing panic p in the
bus einen3Iy desirable to eobin s the
stability of our scononic system supple
cation with other nations such reciprocity
is an incident and result of the firm estab-
lishment and preservation Of our present
for IN the present tarifr law - -oe1
our hrst duty is to see that the protection
5 needed Is maintained. and that RECIPROCITY
wthout ip qjs TO our bone Indastries Just
ing to the Individual case. remembering al
ley to meet our shiftinE national needs must
pc conditioned upon the cardinal fact that the
that VIII cover the difference between the
of our entire policy of economic IegisIat ion
Subject to this proviso of the proper pro
lection necessary to our industrial Well being
command our hearty support. The pheno
the urgency OF the need for wider markets
Del Pess is aaaln petty as ad
s5oaid be aoe The OF o @ho
m Of 9qr surplus Pg9duetS in the
those surplus products by giving US some
our products should as Tar as possible be
sf hi by SO aTrangng our tariff as to en-
Which ne can use without harm to our own owl,
be of marked benefit to US.
development of our Interests where we are
not not %, 0ni [ ape 70 Supply our own markets
for WHICH we must find markets abroad To
duties in any case where they are no 1ongeT
case where the article is not produced here
eesGnoe as gxng US somethpg to 9ffer in
sirable will naturally be promoted by the
..The natural line Of deHe1opm n nf'e for a
with those of our productions which no long
e o a geaIrs al tb of the support once needed
with those others where either because of
the reach Of successful eon.petltion
reciprocity treaties laid before it by my pre-
decessor-
Our Merchant Marine.
The condition of American merchant
marine a71ga, IS such as to call for immediate m
eTedfab1e to Us ss Nffog tnat Our IS m nsT
Ghan5 maTne 5 81 th be utterly
we overtop in other forms OF business,
fh of Then put in With
the fast foreign steamships, at a speed Of
ali our sfiDs saiiDg ea9 are psi anu
alike: cargo carriers OF slow speed and man
fact that the original cost of building Ameri-
that the wages paid Ameriean odicers and
fea n4R are very muen highea than those PAID
countries; and that the standard of living
HEi1g on the ships of our commercial rivals.
as will remedy these inequalities The Amer
iean merchant marine should be restored to
he Act % of Ms5sh II 1900 Intended
money and to maintain at parity Herewith
has been shown to be timely and 5ndIcious.
woeld Pieg cur goxern9nt 69nds IN the
price of similar obligations issued by other
credft- This condition it is eninentiy desir-
In many respects the National Banking
esFe The banng f funstion 5 but pt tRefe
the deranging infuenee of commercial eriaes
and +f hnanelal paniss Moreover, the currency
to the demands of domestic trade and
Reduction of Revenues.
1.-The collections from duties imports
internal taxes continue to exceed the ordi,
be taken ken not to reduce the revenues so that
e 6 gsnat any 5gsh 9 &
revenues more nearly within the limit of our
IT can special attention to the need of strict
economy in sxpe an The fact that our
providing whatever is actually NECESSARY to
full to husband our national resources. as
each of s his private SOU by
fuI or reckless expenditure
Regulation Railroads.
In 1887 measure enacted for the reg
inoWn as the interstate Commerce act Ths
cardinal provisions of that act were that
saIway rates should be 5ust and reasonable
dities should be accorded equal treatment A
what were supposed to be the necessary pow
s.That law was largely an Experiment Elk
peTsn9e t has shown how the wisdom of its pnro
Of its reauiTements are wrong, certainly that
provisions are detective
The act should be amended The railway
is public servant Its rates should be just
to and open all shippers alike. The gov
eminent should that within juris-
dietion this is so and should provide speedy,
inexpensive, and effective remedy that end.
At the same time it must not be forgotten that
railways the arteries through which
the commercial lifebIood of this nation flows
Nothing could be foolish than the n
actment of legislation which would unneces-
sarily interfere with the development and
subject is one of great Importance and calls
for the earnest attention of the Congress
The message points out the value of the
American forests and the necessity for their
conservation, and urges the construction and
maintenance of reservoirs and irrigating
systems for the reclamation of the arid lands
IN the arid states the only right to water
irrigation this right should attach to the
land reclaimed and be inseparab1e therefrom-
| Granting perpetual water rights to others
than users, without compensation to the
public. is open to all the objections which
the public utilities OF cities = few of the
and have Incorporated in their constitutions
water
Development of Hawaii.
-sOur aim should simply reclaim
/ the largest area OF land and provide homes
for he her of lie hut n