The Brandon news. (Brandon, Miss.) 1892-1961, 1903-12-10
PRESIDENTS MESSAGE.

Washington, Dec. THE presidents
message has been transmitted to con-
gress. It's principal features are as fol-
aows:
The country is to be congratulated
ON the amount of substantial achieve
ment which has marked the past year
both as regards our foreign and as re-
CARDS our domestic policy.
With q nation as with q man the
most important things are those OF the
household, and therefore the country
Is especially to be congratulated on
what has been accomplished in the di-
rection of providing for the exercise OF
supervision over the great corporations
and combinations of corporations en-
gagged in interstate commerce. The
congress has created the department
or commerce and labor, including the
bureau Of corporations, with for the
nrst time authority to secure proper
publicity Of such proceedings Of these
great corporations as the public has
the eXpediting OF suits for the enforce
ment Of the federal antitrust law, and
by another law it has secured equal
treatment to all producers In the trans
portation Of their goods, thus taking
n long stride forward In making effec-
dive the work of the interstate COM
merce commission.
| The nrplirniparu xU0rly 0f tho by1roar1
OF corporations in the department of
labor has shown the wisdom of it's Gre
alton. Publicity In corporate affairs
wlll tend to do away with ignorance
and will afford facts upon which intel
1gent action may be taken. Systemat-
&c, Intelligent investigation is already
developing facts the knowledge of
HThlch Is essential to q right under
standing of the needs and duties of
Ahe business world. The corporation
which is honestly and fairly organ
ICED, whose managers in the conduct
or its business recognize their obliga-
Hon to deal squarely with their stock
holders, their competitors and the pub
JIG, has nothing to fear from such SUI
perVision. The purpose Of this bureau
Us not to embarraSs or aSsail legitimate
business, but to aid in bringing about
a better Industrial conditional condi-
ton under which there shall be obedi-
ence to law and recognition Of public
obligation by all corporations, great or
small. The department Of commerce
and labor will 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 perfecting our
transportation facilities, in building I'D
our merchant marine, in preventing'the
entrance Of undesirable immigrants, in
improving commercial and industrial
conditions and in bringing together on
common ground those necessary part
ners in industrial progress capital and
labor.
Capital and Labor.
The consistent policy of the national
government, so far as it has the power,
is to hold in check the INSCRIPTIONS
imam, whether employer or employee, but
20 refuse to weaken individual initia-
ave or to hamper or cramp the indus
frial> development of the country. We
recognize that this is an era of fedora
ion and combination, in which great
apltal1stc corporations and labor I'M
ons have become factors of tremendous
importance in all industrial centers.
Hearty recognition is given the far
reaching, benefcent work which has
Dorations and unions, and the line as
/. between different corporations as be-
tween different unions, is drawn as it
IS between different indiyiduals-that
Us, 1t is drawn on conduct, the effort
being to treat both organized capital
and organized labor alike, asking moth
1ng save that the interest Of each shall
be brought into harmony with the in
ferest Of the general public and that
the conduct Of each shall conform to
the fundamental rules Of obedience to
law, Of individual freedom and of JUS
f1ce and fair dealing toward all. When
ever either corporation, labor union or
individual disregards the law or acts
In spirit Of arbitrary ands tyrannous
interference with the rights of others,
whether corporations or individuals.
then where the federal government has
jurisdiction 1t will see to it that the
misconduct is stopped, paying not the
slightest heed to the position or power
OF the corporation, the union or the in
dividual,, but only to one vital fact
that is, the question whether or not
the conduct of the individual or aggre-
gate Of individuals is I'm accordance
with the law Of the land. Every man
must be guaranteed his liberty and his
wight to do as he likes with his prop
ierty or his labor so 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
frnment for the last fiscal year aggre-
gated $500, 396,674. The expenditures
for the same period were S5O609o .OO7.