The Canton times. (Canton, Miss.) 1893-1906, 1901-12-06
HIS ANNUAL MESSAGE
Synopsis Of the Presidents Rec
concentrations to Congress.
He. Touches Upon Many Important
Questions Among Them Trusts
Irrigation Works. Isthmian
Canal and other Things.

standardization with an official announce
ment of the death of the late President
Mckinley, and eulogy OF his FORMER
chief in which he says:
ut is not too much to say that at the
time of President McKinley's death ne
was the most widely-loved man IN al tne
United States, while we nave never ever has has
been so wholly free from the bitter AMI
mosities incident to public life. HIS Pc
1itical opponents were the hrst 70 pear
the heartiest and most generous trlpute
to the broad kindness of nature, the
sweetness and gentleness of character
which so endeared him to his close asso-
In public life he united the tender affec,,
tons and home virtues which are an
important in the makeup OF nauonat
character. A gallant soldier in the greas
war for the union, he also shone as an N
example to all our people because OF ms
conduct in the most sacred and intlma.e
OF home relations. There could pc no
personal hatred of him, for he never act
ed with aught but consideration, for the
welfare of others. No one could IAN 70
respect him who knew him in public OF
private life. The defenders OF those m n, ai-
derous criminals who seek to excuse tnelr
criminality by asserting that II IS exer
cised for political ends inveigh against
wealth and irresponsible power. But lor
this assassination even this base apoiosy
cannot be urged"
THE shock, the grief of the country, are
bitter in the minds OF all VINO saw tnS
dark days while the president yet hoverSa
between life and death. At last the light
was stilled in the kindly eyes, and enc
breath went from the lips that even ~
mortal agony uttered no words save OF
forgiveness to his murderer, OF love 1or
his friends and of unfaltering trust In the
will of the Most High. Such a death
browning the glory of such nte leaves
US with infinite sorrow, but with sncn
pride in what he had accomplished and IN
his own personal character that we teel
the blow not as struck at him, but as
struck at the nation. We mourn goou
and great president who is dead, put
while we mourn we are lifted up by the
splendid achievements of his life and the
grand heroism with which ne met MS
death"
In the same connection he makes
strong recommendations as to now the
nation should deal with anarchy. He
urges that the preaching or teaching OF
anarchy be not permitted and requests
congress to enact legislation that will
prevent anarchists from foreign countries
landing upon our shores. he would also
have the federal courts, given lurlsdlctlon
kill, the president of the country, or any
person who is in line for succession to
the presidency. He has no fear, however,
that the country will ever fall into an
arehy.
The Trusts.
Tie president sees cause for congratu-
lation for the nation in the business cond1-
tions Of the present, but sees in the tire,
development which went on with ever ac.
CELEBRATED rapidity during the latter half
OF the nineteenth century" serious social
problem for the present and future. He
does not believe that the old laws and old
customs are sufficient to regulate the &C
emulation and distribution of wealth of
the present time. He does not attribute
the creation of great corporate fortunes
TO the existence OF a protective tariff, nor
to any other governmental action, but to
natural causes in the business. world, OPP
ty. 9TH fri fhAyy 70 fa
In our own" In this connection he says:
THE process has aroused much antago-
nism, great part of which is wholly
without warrant. 1t Is not true that as
the rio have grown richer the poor have
grown poorer. On the contrary never be-
fore !las the average man, the wage
been so well off as in this country and
at the present time. There have been
abuses connected with the accumulation
of wealth. vet it remains true that a 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 type
which benefits all mankind can only ex-
ist if the conditions are such as to offer
great prizes as the rewards of success"
But while he realizes existing condi-
tons, he emphasizes the fact that congress
in providing remedies must act with eau
tion, as the men and corporations who
have built up our commerce and driven our
railroads across the continent have done
great good to our people, and without
them the material development of which
we are so justly proud could never have
taken place. Moreover, we should recog-
nize the immense Importance to this ma
terial development of leaving as unham-
pered as is compatible with the public
good the strong and forceful men upon
whom the success Of business operations
inevitably rests. The slightest study of
business conditions will satisfy anyone
capable. of forming a judgment that the
personal equation 10 the most important
factor in business operation; that the
business ability Of the man at the head Of
ly the factor which fixes the gulf between
striking success and hopeless failure"
He points to the fact that In the past
the ignorant or reckless agitator has
evils which he has been nominally oppos-
ing In dealing with business interests
for the government to undertake by
crude and ill-considered legislation to do
what may turn out to be bad would be
TO incur the risk of such far-reaching ma
tional disaster that it would be prefer
able to underta nothing at all. The
men who demand the impossible or the
undesirable serve as the allies of the
forces with which they are nominally at
war, for they hamper those who would
what the wrongs really are and to what
extent and in what manner 1t is prac-
ticable to apply remedies"
Remedies for the Trust EVIL.
But while he says the above is true, he
yet gees many evils for which there should
be remedies provided. OF these evils the
chief is over capitalization. because OK
its many baleful consequences He says:
THE conviction Of the American people
that the great corporations, known as
trusts, are in certain of their features and
tendencies hurtful to the general welfare.
is based upon sincere conviction that COM
bination and concentration should be not
prohibited, but supervised and within
reasonable urnits controlled, and in my
judgment this conviction is right"
AS a remedy for these evils he says:
THE first essential in determining how
TO deal with the great Industrial COM
blnations 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