The Montgomery advertiser., 1901-10-17
WATTS FOR CONGRESS-
pprsrnrNr ROOSEVELT TO RE-
 COMMEND RECIPROCITY.
Avoids Positive Stand-Executive Also Decides to Be Cautious in %. Handling the Subsidy
 Question.
Walter Wellmans Washington Special to
 Rnnnrd- Harald

Walter wellman's Washington Special to Chicago Record-Herald.
 President Roosevelt will recommend 10 Congress in his message next December the general principle of commercial reel procity with foreign nations. But the President will not suggest any particuIar form of application of the principle. lie regards that as the proper function or which the Executive has nothing to do in the initiative. The President is in Ia vor of reciprocal arrangements. and he will quote from the late President MIC Kinley's now famous Buffalo speech in favor of that doctrine. But he does not propose to attempt to do any of the work which naturally devolves upon Congress, and he at present does not intend to rec | ommend. in terms, the ratification of any | of the treaties now pending. He will now go as far in advocacy of reciprocity | as MT. Mckinley would have gone had he lived. but no farther.
 President Roosevelt realizes that reel | procity while supported by sentimental l considerations, Is, after all, tariff af- | fair. and all tariff affairs are matters of business fin which conflicting interests appear and must be harmonized before i anything can be done. That is the mis- | sion of Congress. not Of the Executive | All the President can do is to recommend the principle.
 Among the Senators who have dis | cussed this reciprocity proposition there | Is strong feeling that nothing of im- portance can be accomplished TOT some | years yet. It is so easy for manufac- turing or producing interests whose pros perity is affected to block legislation
 through their friends. in Congress that | campaign will begin and end in talk. Others fear that the. Republican party, | anxious to avoid hurting some Of these
 protected and protesting interests, VII | duction of tariffs, either by direct legis- l lation or by the indirect method of re- | ciprocal tariff arrangements with other | countries, and that sooner or later the people will throw the Republican party out of power and put in party that will reduce customs taxes. This was the fear of the late President. But he real ized, as his successor realizes. that. while 1t is easy to perceive the danger, it is matter of the greatest difficulty to ward it off by means of wholesome legisla ton to which some powerful in terest objects. Hence the prevailing opinion that the President will turn the reciprocity suggestion over to Congress. and that Congress will do nothing.
 similar policy in dealing with the sub- | sidy question. An eastern newspaper. | organ of the subsidy seekers. says Pres ident Roosevelt will recommend subsi- an error. He will follow the example Of | the late President, and recommend to Congress the passage Of measures de- signed to build up the American mer-
 
 of finding the method.
 This Is as far as President Roosevelt
 feels like going at the present time. La
 ter on. year or two from now when
 he has secured a frmer grip upon the | subject and upon all his relations to the | national legislature and to the party ana
 public questions he may feel ike taKing
 policy. in case Congress has done nothing
 meanwhile. For the present caution and
 conservatism are the Presidents motto. I IYA YhetA tAxY
 the President will undoubtedly sign 1t. l Senator Frye thinks Congress will pass | the bill which he and Senator Hanna
 have ready for introduction, but very | few of his colleagues agree with him
 If Congress does not take hold of this
 problem and find a solution of 1t pretty | soon President Roosevelt may have a
 chance to show what he cap do He Is
 have the American flag restored to the
 ocean. This is a form of "Americanisr''
 which specially appeals to him. It IS
 known to all his friends that he greatly | admires the skill and energy with which
 the Kaiser encourages the rival steam
 ship companies of his empire to compete
 for ocean trade. The Kaiser pats mrs. l
 then the other He keeps them up 10 tn%
 fighting mark much as one manages
 battle between two game cocks. It mat
 as long as Germany has the finest anc
 fastest ships on the ocean. Suppose Tres
 ident Roosevelt were some day to initiate
 the Kaiser's example?
 The United States government today
 has in It's treasury $1, ,190, ,225. 1924. the great
 est aggregate of money ever possessed bS
 any nation in all history: Of this enor
 nous amount $I9o' 54|oSS IS neid TOT tn'
 redemption of outstanding notes and cer'
 tifcates and $50, 900 as a gold reserve
 fund. Included in this governmenta
 hoard is $534 100000 in gold and $4sS: 900 ON in silver a part of each being in coin ant the remainder 'r bullion. It would re quire thirty-eight freight cars to haul al the gold owned by the government, tn mass weighing about 1,75oOO0 pounds.
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