Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1903-12-11
Annual Document Read to
Legislators In Both Houses
Of Congress.
SPACE GIVEN TO PANAMA
Events Which Led Up to the Eatsb-
Iishment Of the New Republic Given
In DetaiI--PoIicy Of the Govern
ment Toward Capital and Labor
Public Lands and Postal Frauds
Need for Treaties Making Bribery
ExtraditsbIe.

President Roseyelfs message TO the
second session OF the Fifty-eighth Con.
greas is substantially as follows:
TO the Senate and House " Represea-
faHrcg.
with nation a. With man the most
important things are those Of the house
hold. ana therefore the country Is espe-
cially 10 b. congratulated on what has
been accomplished " the direction 81 pros
Nlding for the exercise Of supervision
over the great cofl41atiDnr and copibua-
lions ~ corporations engaged Ia inter-
siGte commerce. The consrens has ere
ntcd the Department Of Commerce and
Labor. Including the Hurfau Of Cor p0fa-
fons, with fof the hfst Tins authority 40
secure proper publicity OF such proceed
lngs Of these great corporations ~ the
public has the right IL know. n has pfo-
Vifed Tor the expeditins ~ suits for the
enforcement Of the Federal antitrust
law. and by another law II has secured
equal treatment 20 al producers IN the
ifanspqriatlon of their goods. thus taking
a. long stride forward ga making effective
the work of The Interstate Commerce
cOmmhaiou
Department OF Commerce and Labor
The establishment OF the Department
~ commffce and Labor. With the Bureau
Of Corporations hereunder marks Il real
advance IN the direction OF doing an that
T. possible FOR The solution Of the qucstlons
vitality affecting capitalists and wage
workers.
Functions OF New Department.
The preliminary work OF the Bureau
OF Corporations IN the department has
shown the wisdom OF is creation. Pub
llelty 10 corporate affairs VIII tend to DO
away with ignorance ana VIII AFFORD
facts upon which intelligent action may
be taken Systematic. intelligent invos-
tignflon 30 already developing facts the
knowledge Of which n essential 20 right
understanding cf the needs and duties OF
the business world. The corporation
which ~ honestly and fairly organized.
whose managers IN the conduct OF It's
business recognize their obligation 70 deal
f.unrtly with their stockholders. their
competitors. and the public. has nothing
10 fear from such supervision. The pur-
pose Of this bureau ~ not TO cmbaffnss
or assan legitimate business. hut 20 aid
in bringing about better Industrial con-
ditlon.aa condition under which there
shall be obedience 20 law and recognition
1T public obligation by all corporations.
great or small The Department OF Com
mrfee and labor will be- net only the
clearing house for information regarding
fhe business trauaactlons OF the nation
tut the executive arm 81 the government
20 aid IN strengthening our domestic and
foreign markets. In reffectine our trans
sortatlon facilities. Ia building up our
merchant marine, IN nreyentlns the en-
trance ~ undesirable Immigrants, IN im-
proving commercial and Industrial cOndi.
lions. and Ia bringing together ON COM
mon ground those necessary partners In
Industrial progress capital and lahof.
Commerce between the nations ~ sIfnd-
~ efnwne h., volume. nnd the tendency
~ the times Is toward closer trade re'a-
tions Constant Watchfulness "a needed
60 secure 90 Americans tho chance Go par
ticirato 30 The beet advantage In foreign
trade. aud we may confidently expect
that The new department will Justify the
ssrectntion % iit-crsatofs by the exer-
else Or Tits watchniness * we'll as by
tte tusinfsslikc administration OF such
isNs relating 90 our internal alfnirS as
arr intiustcd 20 o. care.
Capital and Labor.
TIE consistent policy Of the national
government 50 far Il has the power.
- to ho,d la check the interruptions man.
whether employer or emrie,e. but 60 re-
fuse go weaken individual Initiative or
a. hamper oF cramp the Industrial devel-
opmt of the country. We recognize |
ftai te.a Is an era 81 freedom and com
hihatan. in which great capltallstic cor
rafAiions and labor Unions have become |
fastors Of tremendous Importance nh |
iudutttinl rcntcfs. Hearty recognition Is |
given the fnr.geaching. hencnccnt work
witch has nfen accomplished through |
both corporations and unions. and the |
line as between different corporations |
as between different unions. X drawn as !
n y between different Individuals. that |
-. " H. drawn on conduct the effort be- |
Ink 60 treat both cresnizrd capital aud !
organized labor alike: asking nothing !
save tho interest OF each shall be- brought |
into harmony with the interest OF the |
general public. aud that the conduct OF |
each shall conform to the Fundamental |
rules OF obedience TO law, OF individual |
Freedom and OF Justice and fair dealing |
towards all whenever either corpora |
tlon. labor union or Individual disra-
xars's ths law or acts In spirit OF srb- |
frary and fyrannous Interference with |
the rights or Others whether corpora |
tions or individuals, then whore the |
Felierai Government has Jurisdiction Il !
.4il see ~ u that the misconduct Is |
xfoppei psylnT not the slightest heed TO
the position or power Of the corporation. |
the union or the Individual. but only to |
one vital faet~that II. the question wheth- |
or or not the conduct Of the Individual !
or aggregate OF individuals Is In ae-
eoreance with the law OF the land. Every |
man must he guaranteed his liberty and |
hts right 10 do as he likes with his prop |
srfy or hts labor. long he docs not |
infringe the rights OF others. No man Is
above tho tsw and no mao IL below IL; |
nor do 80 ask any mans permission when |
we require him TO obey II. Obedience to
the Law Is demanded as right: net asked
as a favor
Receipts and Expenditures.
From all sources. exclusive Of the pos
tai service. the receipts OF the govern
ment for the last nseai year aggregated
sSsp Sss sc The expenditures for the |
49, h.