The daily silver state. [volume] (Winnemucca, Nev.) 1903-1907, 1903-12-08
1 Characteristic Document,
Strong and Pointed, on
the COuntry's Needs
PROGRESS THE WATCHWORD
The Subject of Capital and La
Dor Receives Due Attention
The Message

Washington, Dec. 7.-Following Is
President Roosevelt's message to con-
gess, transmitted to congress today:
To the senate and house of repre-
sentatives: The country is to be con-
graduated on the amount of substan-
tial achievements which has marked
the past year both as regards our for
eign and our domestic policy.
With a nation as with a man the
most important things are those of
the household, and therefore the coun-
try is especially to be congratulated
OH what has been accomplished in the
direction of providing for the exercise
Of supervision over the great corpora
tons engaged in interstate commerce.
The congress has created the depart
ment of commerce and labor, includ-
ing the bureau of corporations with
for the first time authority to secure
proper publicity of such proceedings
OF these great corporations as the pub
lie has the right to know. 1t has pro-
vided for the expediting of suits for the
enforcement of the federal antitrust
law; and by another law 1t has Sc
cured equal treatment to all producers
in the transportation OF their goods,
thus taking a long stride forward In
making effective work of the interstate
commerce commission.
The establishment of the department
Of commerce and labor. with the pu-
reau of corporations Hereunder, marks
a real advance in the direction of do
ing all that is possible for the solu-
capitalists and wage earners. The act
creating the department was approv-
ed on February H. 1908.
The scope of the departments duty
and authority embraces the CONNER
cial and industrial interests of the
nation. 1t is not designed to restrict
or control the fullest liberty of legiti-
mate business action, but to secure
exact and authentic information which
will aid the executive in enforcing eX-
sting laws, and which will enable the
congress to enact additional leglsla-
tion, if any should be found necessary,
in order to prevent the few from OBJ
tanning privileges at the expense OF
diminished opportunities for the many
BUREAU OF CORPORATIONS.
The preliminary work of the bureau
of corporations in the department has
shown the wisdom of it's creation.
Publicity in corporate affairs will
tend TO do away with ignorance, and
will afford facts upon which intelli-
gent action may be taken. system
attic, intelligent investigation is already
developing fact the knowledge of which
is essential to the right understanding
OF the needs and duties Of the busi-
ness world The corporation which
is honestly and fairly organized, whose
managers in the conduct of its busl-
ness recognize their obligation to deal
squarely with their stockholders, their
competitors, and the public, has moth
ing to fear from such supervision. The
purpose of this bureau is not TO EN-
barrass or assail legitimate business
but to aid in bringing about a better
industrial eondition-a condition un-
der which there shall be obedience TO
law and recognition OF public oollga-
ton by all corporations, great or small
The department of commerce and lasol
will be not only the clearing house 1ol
information regarding the business
transactions of the nation but the exc
cutive arm of the government 10 ale
in Strengthening our domestic and Tor
eign markets. in perfecting our trans
portation facilities. in building up oul
merchant marine, in preventing th'
~. ~nce of undesirable Immigrants
in Improving commercial and indus
trial conditions. and in bringing TO
gether on common ground those neces
sary partners in industrial progress
capital and labor.
Commerce between the nations l
steadily growing in volume, and IN
tendency of the times is toward close
trade relations. Constant watchfui
ness is needed to secure to Americap
the chance to participate to the bes
advantage in foreign trade.