The Irish standard., 1901-12-07
HIS ANNUAL MESSAGE
Synopsis of the Presidents Rec.
concentrations to Congress.
He Touches Upon Many important
Questions Among Them Irns,.,
Irrigation Works, Isahwtan
Canal and other ThtnUs.

and recommendations upon the topics of
greatest interest to the American people:
The message opens with an official mo-
tice of the death of the late President
the president says:
time of President McKinley's death he
was the most widely-loved man in all the
Sates while III b we nd naYe WSo
been so wholly free from the bitter ami
mosities incident to public life. His po-
the heartiest and most generous tribute
to the broad kindness of nature. the
sweetness and senteness. of character
ciates: TO a STANDARD Of lofty integrity
in public life he united the tender .affec;
tons and home virtues which are all
character gallant soldier in the great
war for the union. he also shone as an
example to all our people because OF his MS
conduct in the most sacred and intimate
personal hatred of him. for he never act
welfare Of others. No one could fail to
respect him who knew him in public or
private life. The defenders of those muir
derous criminals who seek to excuse their
cised for political ends invegh against
wealth and irresponsible power But for
cannot be urged"
In the same connection he recommends
legislation for dealing with anarchy
fera aw aa VIM guy
taking or attempting to take the life of the
chief magistrate or any person in the line
is for a law that will prevent the preaching
or teaching Of anarchstic 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 advan-
tages and disadvantages of these great
corporations to the nation tIe does not
attribute their rise to the existence of a
protective tariff. but TO natural causes
that operate in other countries as we'll as
our own
TTe claims that to them the nation owes
much Of Its present degree Of Of prosperity
who have driven the railroads across the
continent. and made us a world power in
the markets of the world
He asks for legislation that will control
and regulate them. but at the same time
connsels 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-
Without wa,rant j, is not true that as
the rich have grown richer the poor have
grown poorer rs On the contrary, never be
been so Well off as IN this country and
abuses c"nntci t With the s' acc an zion
of wealth. yet II remains true that for
tune accumulated in legitimate business
can. he accumulated by the person spe-
cially benefited only on condition of con-
ferrlng immense Incidental benefits upon
others. succ .ssful enterprise of the Type
which benefits all mankind can only ex-
isl IL the Conditions are such to offer
. great prizes as the rewards of success
Ai tiicial hntltS. such corporations
and JOINT stack or other associations de
pe,n,ng upon amy statutory law for their
existet'ce "t privileges. should he subject
to proper governmental SUPERVISION. and
1ull AMI accurate information as to their
operations should he made public regu.
larry at reasonable intervals
Among his reasons for caution he EN-
phaslzrs III. fact that in whatever legis-
lation is enacted it should not. any fur
thrr than can be avoided. hamper the
strung and i"rcetnl men upon whum the
success uf business operations inevitably
Tests.
Another of his reasons for caution is
to be found in the interna iona CONNIE cial
conditions of to day as the same business
conditions which have produced the great
aggrega,ons of corporate and Individual
wealth have made them very potent fac
tors In internat!ona commercial conpe-
tition. AS we have only just begun to as
sumo that commanding pnsition III the in
lieve will be more and more ours. it is Of
the utmost importanc that this position
he not jeopardiZed at the present time
''ITnder such conditions 1t would he most
unwise, to camp or fetter the youthful
strength of the nation
But while ne recognizes these conditions
legislation. he believes there are evils
which need he remcdicd. and believes, also,
that RENE dies may be applied which will
not hamper our present position
OF the evils he considers ovcrcapital-
1zation the worst. and of the remedy for
these evils he says:
.. The The first , essential sen, in determining how
p"bcity In N the neres} of h The ' nabc
the nG SHOULD have the Tsh o
tho great corporations engaged in inter.
state business Publicity is the only sure
further remedies are needed ' in the way way
OF governmental regulation or taxation
can only be determined after publicity
in the course Of administration The first fn.a
requisite is knowledge. full and complete
-knowledge, which may he made public
called trusts. though organized in one
state. always do business in many states
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
possible to get :, ADEQUATE regulation
throusn stare actlon. therefore in the
should. without interfering with the pow
er of the states in the matter itself, also
assume power of supervision and regula-
tion over all corporations doing an inter
state business. This is especially true
where the corporation derives portion
of it's wealth from the existence of some
monopolistic element or 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 It
is probable that supervision Of corpora
lions by the national government need
not go 50 far as is now the case with the
supervision exercised over them by so
conservative a state as Massachusetts in
order to produce excellent results"
The president believes that it will be
possible to secure the needed remedies
as 1t now exists. but II congress thinks
otherwise he recommends that consttu-
tional amendment be subm tied that will
co, fer the po He' necessary.
In connection with the trusts he rec.
ommends legislation creating a cabinet Of
ficer. to he Known SIS secretary Of SEM
ne.ce. whose d. ties wou!l be to deal
with all gu 'sttons concerning CONNIE rec.
leter and the merchant maine
Chinese Exclusion Necessary.
He recommends the immediate reen.
actment of the Chinese exclusion act as
necessary protection for American work
men, and in the same connection recon-
mends such amendments to the interstate
commerce law as will enable the various
competition of prison labor OF another
state. and also that the government aid
the movement for the lettering of the
workingmen's condition by not permitting
women or children 10 work excessive
hours or at night upon goods made for
government use
lie asks for amendments to the immi.