The Oskaloosa herald., 1903-12-10
Says the Department Of Commerce and
! Labor viii Go Far Towards SOIv-
ing the Trust Problem.
Calls Attention to Undesirable Immigration.
Asks for More Stringent NsturaIiza-
ton Laws and Enforcement
Wants Commission to Investigate
Needs Of Merchant Marine-Post
once and Public Land Frauds
--0ur Foreign Relations.
To the senate and House Of Representa-

TO the Senate and House Of Representa-
on the amount Of substanti 1nsr aeSisvea
ment which has marked the past year both
as regards our foreign and as regards our
domestic policy.
With a nation as with a man the most
important things are those OF the house,
hold, and therefore the country Is espe-
cially to be. congratulated On what has
been accomplished In the direction Of pro-
.Yiding for the exercise Of supervision over
the great corporations and combinations
OF corporations engaged in interstate COM
nerce. The congress has created the de-
partment of commerce and labor, includ-
ing the bureau of corporations, with for the
nrst time authority to secure proper pub
licity Of such proceedings Of these great
corporations as the public has the right
to know. 1t has provided for the expedit-
ing Of suits for the enforcement Of the fed
eral antitrust law; and by another law
ducers In the transportation Of their goods,
thus taking long stride forward in maxi
ing effective the work Of the interstate
commerce commission.
Bureau OF Corporations.
The preliminary work of the bureau
OF corporations in the department has
shown the wisdom OF Its creation. Pub
hcity in corporate AFFAIRS will tend to do
away with Ignorance, and will AFFORD
be taken. Systematic, intelligent inves-
tigation is already developing facts the
knowledge Of which is essential to a right
OF the business world. The corporation
which Is honestly and fairly organized
whose managers in the conduct of its
deal squarely with their stockholders
their competitors and the public, has
nothing to fear from such supervision.
The purpose OF this bureau IS not to en-
n Frra mrs n ia hr1Gf hrrf
10 aid In bringing about a better indus
trial conditional condition under which
there shall be obedience to law and rec
ognition of public obligation by all cor
porations, great or small. The depart
ment of commerce and labor win be not
only the clearing house for Information
regarding the business transactions of the
nation, but the executive arm of the
government to aid in strengthening our
domestic and foreign markets, in perfect
ing our transportation facilities, in build
ing up our merchant marine. in prevent
ing the entrance Of undesirable immi-
grants, in improving commercial and in
dustrial conditions, and in bringing together
on common ground those necessary part
ners in industrial progress-capital and
labor Commerce between the nations
is steadily growing in volume, and the
trade relations. Constant watchfulness
is needed to secure to Americans the
chance to participate to the best advan-
IDENTIFY expect that the new department. ag GDa
will justify the expectation of its Gre
ators by the exercise OF this watchful-
ness, as well as by the businesslike adj
ml9istration Of such laws relating to our
internal affairs as are intrusted to Its
care.
4 Capital and Labor.
The consistent policy of the national gov
eminent, so far as 1t has the power, is to
hold in check the INSCRIPTIONS man,
Whether employer or employe; but to re-
fuse TO weaken individual initiative or to
y "a nv. frfn
ment Of the country. We recognize that
this is an era OF federation and combina-
ton, in which great capitalistiI corpora
Of tremendous Importance in all Industrial
centers Hearty recognition is given the
far-reachtng. benefcent work which has
t.crs and unions. and the line as between
different corporations, as between different
unions, is drawn as II Is between different
duct, the EFFORT being to treat both organ
lied capital and organized labor alike; ask
ing nothing save that the interests OF each
shall be brought into harmony with the
interests OF the general public, and that
thS conduct Of each shall conform TO the
fundamentnl rules Of obedience to law, OF
individual freedom, and OF justice and
corporation, labor union or individual dis
regards the law or acts in a spirit OF ar
bitrary and tyrannous interference with
or individuals, then where the federal gov
eminent has jurisdiction, II will see to It
that the misconduct is stopped, paying not
the slightest heed 10 the position or power
vidual, but only to one vital fact-that Is,
the question whether or not the conduct
or the individual or aggregate Of tndivid-.
land. Every man must be guaranteed
his liberty and his right to do as he likes
with his property or his labor, 80 long as
he does not infringe the rights OF others
No man Is above the law and no man Is be-
low It; nor do we ask any mans permits
sion when we require him to obey IL. Obe- 1
dience TO the law is demanded as a right; |
not asked as favor.
Receipts and Expenditures.
From all sources, exclusive OF the post
for the last fiscal year aggregated $3.50, 1885, ga
The expenditures for the same period |
were f506, O07, the surplus for the fiscal |
year being s54.2g7 ,667. The indications |
Sss vain be Sc S very small 1 ns ndssa thsrs
be any surplus From July 10 Noyem- |
Der the receipts from customs Were. APP
proximately. so,000,00O less than the re-
spending portion OF last year. Should |
this decrease continue at the same ratio |
throughout the fiscal year. the surplus /
would be reduced by, approximately. |
s tsSs0' suffer mucS further decrease duT-
ing the fiscal year. the surplus would
vanish.
Financial LegfsIation Not Needed.
The integrity OF our currency is be-
yond question. and under present condi- /
lions Il would be unwise and unnecessary L
tire monetffy system. The same lib
erty should Be granted the secretary OF |
the treasury to deposit customsA re- /
ceiptp ae Is granted him in the deposit OF /
receipts from other sources. In my mes /