Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1902-12-10

aan fnr as onh the snbccf Of careful iustig dur
ing nc last SfSSh,
Washington Dec 2rresde sent his message to Con
sres today His first topic deals necessity of legislation for the
control OF Trusts He says 40 WV
No more important subject before the Congress
SIT sune on the plea that under peculiar system government we
IN the presence of the conditions gappe
with them evil has arisen in connection With
them The power OF the Congress regulate am
absolute and unqualified grant and without limitations other
prescribed by the Constitution.
The Congress has constitutional authority all laws necessary
has not been exhausted by legislation
evident therefore that evils restrictive of commercial en-
failing restraint national fall within reguae power
of the Congress- and that wise and would be eces
aTy and proper exercise Of Congressional authority the end that such
In dealing with the tariff the message says:
One proposition advocated has been the reduction of
of reaching the evils OF the which fall category
have described Not merely would this be wholly Ineffective the
diversion of efforts in such direction abandonment
of all intelligent attempt with Many largest
corporations OF those which should certainly included in any
proper scheme OF regulation would ont be affected in the slightest degree
by change the tariff such change interfere with general
prosperity OF the country The only relation OF the tariff big
tons whole that the tariff makes manufactures profitable and the
tariff remedy proposed would be effect simply make manufactures
Improbable To the tariff punitive directed against
trusts would inevitably result ruin to the weaker competitors who
struggling against them. Our aim should be by unwise tariff
but by proper regulation give domestic competition fair and
this end be reached by tariff changes Which would affect
regulation OF the stands from the question of tariff revision
Stability Of economic policy must always be the prime economic need
OF this This stability should be fozaon The country
has acquiesced in the wisdom OF the protective tariff principle 1t
ha @ o" e yen and aa Changes b therein pas
experience shows that great prosperity in this country has always come
under protective tariff and that the country cannot under tfu
tariff changes at short intervals.
CUBAN RECIPROCITY
hope reciprocity treaty with Cuba on
May Goth last the United States kept promise he island by formally
vcang Cuban soil and turning Cuba over to those whom her own peo
pie had chosen the first officials of the republic
Cuba lies doors and whatever affects her for good for i'll
affects us also So much have people felt this that in the Plat
amendment definitely took the ground that Cuba hereafter
closer political relations with than with other power Thus
sense Cuba has become part Of our political system This
ehs of becoming of economic system is from
point shosghed and miscevous policy TO fail recognize this
need.
C4TIT.AL IND L4BOR
How fair alike for labor and for capital how
hold in check the inscriptions whether employer employee
without weakening individual initiative without hampeng and
ing the industrial development OF the country problem aug with
difficulties and which is OF the highest importance
lines OF sanity and arghted common sense well as OF devotion
to the right.
Every employer wagewoe be guaranteed his liberty
and ms right to do he likes with his his labor long
he does infringe the rights of highest
ance that employer and empoe alike should endavor appreciate
Zach the viewpoint of the other
both in the grows attitude
IF hostility and dStru toward the other Few people deserve
the of capital and labor
and there ucwho work continually bring about
od understanding of this kind based wisdom and upon broad
md kindly sympathy between employers and employed h
Above ALL need remember that kind Of class anmoy
he political world is if possible wicked
to national welfare than sectional religious animosiy
We good only condition that we keep
principles upon which this Nation founded Judge
part OF class, but upon his indaidnal merits
All that have right ask of any rich poor whatever
MS creed his occupation his birthplace his residence is that he shall
c well and honoraby by his neghbor and by his country
We neither for the rich such for the poor
uch we are Tor the upright man. rich So lar the const
ona of the National Government general
md vital moment to the Nation they should be exercised conformity
With the principles above set forth
The President avors financial legislation relation of cap
al and labor dwelling upon the rights Of the individual
for the Panama canal route gives history of Pacific cable
aons naval increase commends commission study the public
and questions, asks for legislation for Alaska