River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1902-11-13
is WE'LL UNDER WAY.
President Roosevelt's Message Is
Nearly Completed.
A Forecast of His Views on Trusts.
Currency Reform and Tariff-At-
titude as to Cuba Is I'm
changed.

Chicago. Nov. 1O.-The Tribune's
Washington special says: President
Roosevelt has his annual message to
congress so far advanced toward com
| pletion that the single week which
will remain before the assembling of
congress after his return to Washing
| ton on November % will be sufficient
for its completion and printing. AL
| though the contents of President
| Roosevelt's message will be kept Sc
cret until it is forwarded to congress,
| enough is known as TO the way in
which some of its topics will be treat
| ed to enable forecast of these fea-
| lures to be made.
No Change Toward Cuba.
That there has been no change i'll
the attitude of the administration on
Cuban reciprocity will be made APP
parent, but whether the message will
urge legislation or will promise the
transmission of Cuban reciprocity
treaty to the senate probably will de-
pend upon the progress that may be
made in the next two weeks toward
the negotiation of a reciprocity
treaty.
Probable Action on Trusts.
Interest in the forthcoming mes
sage is largely centered in what the
president may have to say on the sub
ject of trust regulation The pres1-
dent will urge congress to consider
this subject carefully, with the view
of lacr icIo in11 WI
will regulate the trusts without en-
dangering the industries in which they
are engaged.
The message probably will refer to
the strike in the anthracite mines and
to the progress being made toward
an adjustment of the difficulties be-
tween the mine workers and the mine
owners.
Will Urge Reciprocity Treaty.
There will be nothing in the mes
sage savoring of the abandonment of
the principles of protection, but this
will not prevent him from recon-
mending the reduction, by direct en-
actment or by reciprocal agreements
with foreign nations, of rates of duty
which may no longer be needed for
purposes of protection. 1t has been
announced by member of the cabinet
that the message will favor such re-
auctions, and that it will also urge
the creation of permanent commits
sion which can at all times give eX-
pert consideration to the needs of the
government and of the varying inter
ests, thus enabling it to make recon-
mendations to congress which will save
the committees charged with the prep
aration of revenue laws a good deal
of labor and insure more intelligent
framing of such laws.
Views. ON Currency Reform.
Closely allied to the question of rev
enue is the subject of currency and
banking reform. Secretary Shaw is
heartily in favor of the esta bliShment
of a system of asset banking which
would give greater fexibility to the
national bank currency of the country,
and would enable the banks them
selves to tide over many periods of
monetary stringency, in which they
must now appeal to the treasury for
help. If the president does not spe-
officially recommend such legislation
in his message he probably will call
the attention of congress to the rec
concentrations. of the secretary of the
treasury.
To Ask Increase in Navy.
The message will indorse the re-
Communications which Secretary
Moody will make in his annual report
for the increase and improvement of
the navy. President Roosevelt has
never lost an opportunity to insist
that the United States should have
the best navy in the world in pro-
portion to it's size. His recommends
lions will not only look to continu-
ing the policy of building fighting
ships of the highest efficiency and
the provision of officers and men to
man them, but will also refer to the
necessity of thorough training of Off
GERS and men, and to have the value
to the service of maneuvers such as
those which were carried on off the
coast of New England last summer
and those which are about to begin
under the direction of Admiral Dewey
in the Caribbean sea.