The Barre daily times. (Barre, Vt.) 1897-1959, 1903-12-07
PRESIDENTS MESSAGE.

with the law Of the land Every man
must be guaranteed bis liberty and bis
right 70 10 as he likes with his prop
erty OF his labor 50 long as he does
not infringe the rights Of others
Government Receipts and Expend-
itures.
From all sources. exclusive Of the
postal service, the receipts Of the gov
eminent FOR the last fiscal year aggre-
gated s5G0.896,674 The expenditures
for the same period were S506,099t00I
the surplus for the fiscal year being
s54. 2o7. CO... The indications are that
the surplus for the present fiscal year
viii be very small, If indeed there be
any surplus. From July to November
the receipts from customs were. APP
proximately, S0000000 less than the
receipts from the same source for a
corresponding portion last year Should
this decrease continue at the same ra-
Ito throughout the fiscal year the sur
plus would be reduced by. approx
nately, S80,000000 Should the rev
enue from customs suffer much fur
Their decrease during the fiscal year the
surplus would vanish A large sur
plus is certainly undesirable. Two
years ago the war taxes were taken
off with the express intention Of
equalizing the governmental receipts
ana expenditures, and. though the
first year thereafter stu showed
surplus, It now seems likely that a
substantial equality or revenue and
expenditure will be attained Such be-
ing the case, it is Of great moment both
to exercise care and economy III APP
preparations and to scan sharply any
change in our fiscal revenue system
which may reduce our income The
need Of strict economy ia oar expend-
itures Is emphasized BIZ the fact that
we cannot afford to be parslmonious in
providing for what is essential to our
national we'll being.
Needs Of Financial situation.
The integrity Of our currency is be-
yond question, and under present CON
ditions it would be unwise and unnec-
essary to attempt a reconstruction Of
our entire monetary system. The same
liberty should be granted the secretary
of the treasury TO deposit customs re-
ceipts as is granted him in the depos-
it Of receipts from other sources. In
my message Of Dec ., 1902. / called
attention to certain needs Of the fnan-
cial situation, and again ask for
consideration Of the congress for these
questions.
1.-THE president commends the work
Of the international monetary confer
ence and advises Its continuance
A majority Of our people desire that
steps be taken IN the Interests Of
American shipping. 50 HAT we may
once more resume our former position
IN the ocean carrying trade. But lnth-
erto the differences Of opinion as to
the proper method OF reaching this end
have been so wide that II has proved
impossible 20 secure the adoption of
any particular scheme Having I'M
view these facts. recommend that the
congress direct the secretary Of the
navy the postmaster general and tile
secretary Of commerce and labor 1850
ciated with such representation from
the senate and house of representatives
as the congress in its wisdom may dts
ignate. to serve as 4 commission for the
purpose Of Investigating and reporting
70 the congress at its next session what
Legislation Is desirable Of necessary for
the development Of the American mer-
chant marine and American commerce
and incidentally of 4 national ocean
mail service of adequate auxiliary M
val cruisers and naval reserves. While
such measure is desirable in any
event, It is especially desirable ut this
time. in view of the fact that our pres
ent governmental contract for ocean
mail with the American line will expire
IN 1906 The establishment Of new
lines Of cargo ships to South America,
TO Asia and elsewhere would be much
in the interest Of our commercial ex-
pansion
immigration.
We cannot hive too much immiera
ton Of the right kind, and we should
have none at all Of the wrong kind
The need is 10 devise some system by
which undesirable immigrants shall be
kept out entirely while desirable i'm
migrants are properly distributed
throughout the country. at present
some districts which need immigrants
have none and in others. where the
population Is already coneested, immi.
grants come in such numbers as to de-
press the conditions Of life for those al
ready there During the last two years
the immigration service III New York
has been greatly improved and the cor
ruption and inefIiciency which former
" obtained there have been eradicated.
This service has just been investigated
by committee of New York citizens
Of high standing, AIessrs. Arthur v
Briesen, Lee * Frankel Eugene A.
Philbin, Thomas w Hynes and Ralph
Trautman Their report deals with tie
whole situation at length and concludes
with certain recommendation for adj
ministrative and legislative action 1t
is now receiving the attention OF the
secretary Of commerce and labor.
naturalization Frauds.
The special investigation OF the sub
tect Of naturalization under the direc.
lion OF the attorney general and the