The Meeker herald., 1903-12-12

CARDS the law or acts In . spirit Of arb,-
trary and tyrannous interference with
tiens or individuals. then who're the
Federal Government has Jurisdiction. IL
will see to It that the misconduct "
stopped. paying not the slightest head to
the position or power Of the corporation.
the union OF tie individual. but only to
one vital fact-that is. the question whsth-..
er or not the conduct of this individual
or aggregate of individuals il in ac-
cordancs with tbs law of the land Every
man must be guaranteed his liberty and
his right TO do ~ he likes with his prop
infringe the rights Of others. No man u
above the law and no man IL below it:
nor do We ask any mans permission when
We require him to obey It. Obedience to
the law In demanded a. right: not asked
a. q favor.
Rsesipts and Expenditures.
From all sources exclusive OF the pos
tai service; the reesipts of the govern.
nasnt for the last hscAl year Aggregated
~. 7esnA. Ths expenditures for the
sams period were ssoe ~. ~, the surplus
for the fiscal year being 84.11ss7. The
Indications are that the surplus for the
present nscal year will b. very small. II
to>November the receipts from customs
were. approximately. nine million dollars
less than tho receipts from the same
source for corresponding portion Of last
year. Should this DECREASE continue At
ne name ratio throushout the, nscal
approximately. thirty miilion dollars.
Should the rsvsnus from customs ssffsr
much further decrease during tho fiscal
year, the surplue would vanish. a large
surplus II certainly undesirable. Two
years ago the war taxeA wsra .takap Oh
upkfh 49, tAHA - f,N~
the govssumant recsip&s and expenditures.
and though the hrst ysar thsfssftsf stih
showed = BurpluA Il now sesana likely
that substantial equaiity - rsvsuus
and expenditure win b attaiueA. sueA
being the case It II Of great nbGsat bon
priafions, and To scan sharply any change
In our ascAl rsvsnus System which may
reduce our Income. The nsed Of strict
economy In cur expenditures II eMphA-
sised BY the fact that We can not AFFORD
to b pafEmonious In providing for what
II ssoaAtial to our national wsll-bsing.
Careful economy wherever possible viii
alone prevent our income from falling
below the point required In order to inset
our genuine nssAs.
Needs 81 Financial Situation.
Ths tntesrtty Of out currency u beyond
question. and under present conditions Il
would be unWtDe and Unnecessary to At.
tempt . reconstruction q our entire mem
stAry system. Tha same liberty should
b granted the oecsetafy Of the Treasury
to Asposit customs receipts - b efantsd
him In the deposit Of receipts from othsr
source.. In my message Of Dec. :. 1871.
called attention to certain needs Of the
financial situation, and again ask the
consideration Of the Congress for these
questions.
Gold and Silver STANDARD.
During the last session Of the Congress,
at the suggestion Of Joint note from
the Republic Of Asxico and the Imperial
Government Of China. and in harmony
with an act Of the Congress appropriate
Ing $4,000 to pay the expenses thereof.
commission was appointed. to confer
with the principal European countries IN
the hope that some plan might be devised
whereby . hxed rate Of exchange could
be assured between the sold-standard
countries and the silver standard coun-
tries This commission has fled its pre-
limlnary report. which has been made
public. deem II important that the
commission be continued, ana that sum
OF money be appropriated sufhcient to
pay the expenses Of Its further Iabors.
With regards to the Improvement of
the American merchant marine the
President recommends that the Con
gress direct the Secretary Of the
Navy. the Postmaster General, and the
Secretary Of Commerce and Labor, as
ISOLATED with such 4 representation
from the Senate and House OF Repre-
sentatives rs the Congress in its wis
dom may designate. to serve rs COM
mission for the purpose Of investigat-
ing and reporting to the Congress At
its next session what legislation is de-
sirabie or necessary for the develop
meDt Of the American merchant ma
rine and American commerce, and In
cidentally of . national ocean mail
service Of adequate auxiliary naval
cruisers and navel reserves.
On the subject Of immigration the
message calls attention to the report
Of . committee Of New York citizens
OF high standing. Messrs. Arthur '.
Vriesen, Lee X. Frankel. Eugene A.
Philbin. Thomas w. Hynes. and Ralph
Trautman. which deals with the whole
situation at length. and concludes with
certain recommendations for admins
trative and legislative action. Il IL
now receiving the attention Of the
Secretary Of Commerce and Labor.
The message continues:
Antitrust Lava
On the subject of the antitrust
measures which have been dealt With
by the Congress the President says:
IL my last annual message IN connec-
ton with the subject Of the due reguIa.
ton Of comhanat tons Of capital which
are or may become Injurious 70 the pub
ton for the better enfofcsneat Of IL