The Farmington times and herald. (Farmington, St. Francois Co., Mo.) 1902-1905, 1903-12-17
Says the Department Of Commerce and
Labor Will Go Far Towards SoIV.
ing the Trust Problem.
Calls Attention to Undesirable lmmisration.-
Asks for More Stringent NaturalizA.
ton Laws and Enforcement
Wants Commission TO Investigate
Needs of Merchant Mnrine-io.t
Oaic~ aud Public Land Frauds
Our Foreign Relations.


To the Senate and House OF Representa-
tiyps.
The country Is 10 bo congratulated
on the amount OF substantial achieve
mcnt which has marked the past year both
hs regards our foreign All as regards our
domestic policy
with u nation as with a man the most
important things arc those OF III, house
hO,d. and therefore the country ls tspc-
clHlly 10 be congratulated on what has
been accomplished Ia tho direction Of pro
viilng Tor the exercise Of supervision over
the great corporations and combinations
Of corporations engaged In Interstate com
mcrCr Tho congress has created the de-
pHrtment OF commerce and labor, includ-
Ing tho bureau Of corporations. with for the
first time authority to secure proper pub
licity OF such proceedings Of these great
corporations rs the public has II, right
10 know. II tns provided for the cAp'dlt-
ing OF suits tor q enforcement Of the fed
,rnl antitrust law. and by anuth,r law
It has secured equal treatment 10 all pro-
ducrts In tho transportation OF their goods,
thus taking long stride forward In max
ing effective the work OF the Interstate
commerce commission
bureau Of Corporations.
The preliminary work OF the bureau
OF corporations IN tho department has
shown the wisdom OF its creation. Pub
lictty IN corporate affairs VIII tend 10 dg
away with ignorance, and VIII AFFORD
facts upon which intelligent action may
he taken. Systematic. intelligent !nvr7..
,igntlon In already developing facts the
knowledge ot which is essential to right
understanding Of the nctis and duties
OF the business world Tn" corporation
which ia honestly and fairly organized.
whose mnnHErrs In the conduct Of it,
business recognize their obligation t.
deal squnrcly with their stockhod'rB
their competitors. and the public hus
nothing to fear from such SUPERVISE Il
The purpose OF this bureau IL not to en-
barrass or RSsaIl Legitimate business, but
A.. MT In "a Ia
trial condition "a condition unG r which
there shall bs obedience to law aud rec
ognitlon oi puddle obligation hy all cor
pOrutions. great uI small tn" depart
mrnt OF commerce and labor win be- not
only tho clearing house Tor Information
regarding the business transactions of tn
nation. but the SEccut.No urm uf the
government 10 aid in strengthening our
domestic and foreign markets in perfect
ing our transportation facilities, IN build
ing up our merchant marina. In preVcnt-
INK the entrance OF undesirable immi-
grants. In improving commercial and In
dustrial conditions. ana IN bringing tORCtheE
on common ground those necessary part
ners in industrial progress capital and
labor Commerce between the nations
is steadily growing In volume, and the
tendency ui the times iE toward closer
trade relations Constant watchfulness
~ needed to secure to Americans the
chance 70 participate To the best Hdvan-
tngr In foreign trade. and We may conf
IDENTITY expect that the new department
will Justify tho expectation OF its ere
ators by tho exercise Of this watchful-
ness. az well as by the buginesslikc I'D
ministration OF such laws relating 90 our
Internal nna.rs az are lntrusted to its
care.
Capital and Labor.
The consistent policy OF the national gov.
| ornment 20 IHr M II has tho power. r. to
| hold In chscA tho interruptions man,
whether employer or empiUyG; but TO re-
fus. to weaken indiy!dua. initiative or to
hamper or cramp the industrial develop.
mont Of tho country. We recognize that
| this Is an era Of federation and combina-
| ton. In which great cHpitnlistie corpora
t!0na and labor unions have become factors
| OF tremendous Importance In al! induB;riRl
| centers. Hearty recognition Is given the
| far Preaching, b,HGnCent work which has
been accomplished through both corpora
| tlons and unions. and the line ns between
| different corporntons. as between different
| UNIONS, Is drawn ~ II Is between different
| individuals; thai Ia, Il Is Drawn on con
| duct the ofrort being to treat both organ
| izod capital and organized labor alike, ask
| ing nothing save that tho Interests OF each
| shall be brought into harmony with the
interests OF the general public. and that
| the conduct OF each shall conform TO IN.
| fundamental rules OF obedience 10 law. ol
! inii> Iduai freedom. and OF justice and
fair dealing towards nl Whenever either
| corporation labor union or Individual dis
| regards the law or acts In "a spirit OF ar
| bitrary and tyrannous Interference with
| the rights OF others whether corporations
| or indiyI.uals then v here the fedora. gov.
| erument has Jurisdiction. II VIII see TO !,
| that the misconduct Is stopped, paying not
tho slightest heed TO the position or powei
| OF tho corporation. the union or the indi
| vtIual. but only 10 me vital fect-thht Is
tho question whether or not the condue
| OF tha individual or aggregate OF indivld
| uols Is In accordance with the law OF u,
land Every man must be guaranteed
his liberty and his right to do as he likes
| with his property or his labor. 10 long IA
| "a -
| No man II above the law and no man II be
low it: nor do we ask any mans permih'
sion when we require him TO obey II, Obe
| dioncc to the law IL demanded as right
not asked as IA favor.
Receipts and Expenditures.
FROM NIL sources, exclusive OF the post
| al service. tho receipts Of the governfnen
10 the last ilscalyear aggregated 1850. .sS. .6Is
TIE expenditures for the same perio.
year being tsi2T eS7. The ind. ton
are that the surplus for tho present nsca
year. Will be very small. II. indeed, ther
DO any surplus From July to Novem
proximateiy. 5000 600 less than the re
ce.pts from the same source for corr.
spending portion OF last year. bhoul
throughout tho fiscal year. the surplu
would bo reduced by. approximatei,
$50 0oo. o0O. Should the revenue from Gus
toms suffer much further decrease dur
Ing tho nscai year. tie surplus woul
| vanish.
Financial Lewislation Not Needed.
The integrity OF our currency is b,
| yond question, aud under present cond
| lions Il would be unwtse and unnecessar
TO attempt reconstruction Of our er
tire monetary system. The same Ill
erty should be granted the secretary
the treasury TO deposit customs r,
ceipts as IL granted him In the deposit
receipts from other sources. In my mel