Durango semi-weekly herald., 1903-12-10
PRESIDENT R0OSEVELT'S
MESSAGE TO CONGRESS

lows, does his work along proper and
egitimate mes. The purpose of the
legislation, which purpose will un-
aoubtedly be fulfilled. was to favor
such a man when he does well, and To
supervise his action only to prevent
aim from doing ILL., Publicity can do
40 harm TO the honest corporation.
fhe only corporation that has cause
% dread 1t IS the corporation whicn
5hrinlIs from the light. and about the
welfare OF such corporations we need
not be oyersensitiye. The work of
he department OF commerce and labor
las been conditioned upon this the
Dry OF securing fair treatment alike
.or labor and tor capital.
Capital and Labor.
The consistent policy OF the nation.
Il government, so lar as it has the
bower, Is to hold in check the unscrup.
tlous man, whether employer or en-
lloye, hnt to refuse to weaken indi-
iiyidual Initiative or to hamper or
ramp the industrial development OF
he country. We recognize that this
an area of federation and comDina-
ion. in which great capitalistic cor
porations aud labor unions have be-
,ome factors OF tremendous import
Anee in all Industrial centers Hearty
'ecUgniiion is given the far-reachng
8eueAcent work which has been ac-
;omplished through both corporations
rnd unions. and the line IS between
Inherent corporations, as between a.
erent unions. is drawn as it is be
wean different individuals, that Is, il
S drawn ON conduct. the effort being
o treat both organized capital and or
s2uizel labor alike; asking nothing
save tnat the interest OF each shall
1e bro ght into harmony with the in
crest OF the general public, aHd that
he conduct OF each shall conform to
he fundamental rules OF obedience to
lw, OF indlvid+lal freedom, and of JUS
ice and fair dealing towards all
Whenever either corporation, labor
inion, or Individual disregards the law
'r ACES IN a spirit of arbitrary and
yrsnnous Interference with the
lights OF others. whether corporations
lr individuals, G.sA where The federal
government has jurisdiction, it will
zee 10 il that ,ae misconduct is stop
Jed. paving .-l The slightest heed to
he posiiiG6 ~ power OF the corpora
ion, the lu..n or the individual, but
Jnly 10 one vital fact--that is. the
question whether or not the conduct
1f the individual or aggregate OF indl-
,iduals is in accordance with the law
II the land. Every man must be guar
inteed his liberty and his right to do
IS he likes with his properly or his la
Jor, SO long as ne does not infringe
he rights ol others. No man is above
ihe law and no man is below IL; nor
10 we ask any mans permission when
We require him TO obey it, Obedience
o the law is demanded as right not
lsked as a favor
We have cause as nation to be
thankful for the steps that have been
50 successfully taken TO put these
principles into effect. The progress
las been by evolution, not by reyolu-
ion. Nothing radical has been DONE
he action has been both moderate and
eesolute. Therefore the work will
stand. There shall be no backward
step. If in the working OF the laws it
proves desirable that they shall at any
1oint be expanded or amplified, the
amendment can be made as It's desira-
bility is shown. Meanwhile they are
being administered with judgment, but
with insistence upon obedience to
hem; and their need has been en-
1hasized in signal fashion by the
vents Of the past year
Government Receipts and Expendi-
tures.
From all sources, exclusive of the
postal service, the receipts Of the gov
ernment for the last fiscal year aggre-
gated $3.50. 0.3gG,67t The expenditures
for the same period were $500, ,09g 007
the surplus Tor The fiscal year being
554,297 G67 The indications are that
he surplus for the present fiscal year
viii be very small, II indeed there be
any surplus, From July to November
the receipts from customs were ap-
jroximately. nine million dollars less
han the receipts from he same source
Tor a CORE spending portion of last
year Should this decrease continue
at the same ratio throughout the fiscal
year. the surplus would be reduced by
approximately. thirty million dollars
Should the revenue from customs suf-
Ter much further decrease during the
fiscal year. the surplus would vanish
large surplus is certainly undesira-
BILE Two years ago the war taxes
were taken of with the express lnten-
tion of equaizing the governmental
receipts and expenditures. and though
The first year thereafter still showed a
surplus, II now seems likely that a
substantial equality of revenue and
expenditure will be attained. Such
being the case it is of great moment
both to exercise care and economy in
appropriations, ana 10 scan sharply
any change in our fiscal revenue sys-
ten which may reduce Our income.
The need Of strict economy in our ex-
pendirures is emphasized by the fact
that we can not afford TO be parsimon-
ious in providing for what Is essential
TO cur national well-being. Careful
economy wherever possible will alone
prevent our income from falling below
the point required in order TO meet
our genuine needs.