Morgan County democrat. (Versailles, Mo.) 1900-1906, 1903-12-11
HIS ANNUAL MESSAGE
President Rooseveit's Communica-
ton to National Law Makers.
SUBJECTS OF IMPORTANCE
Control Of tho Trusts-Frnuds Of Va
riOus kinds-Thc IsthminR Canal
and Pnnnm RevOlutiOn-Thc Mer-
chant MnrInc-Our Insuln Possess
siOns-FOreign Relations.

President Roo5cyeltS annual message TO
congress deals largely with a few impor-
taE' questions. leaving those VI minor in
tcrest 30 the annual reports OF tho execu-
tive department heads.
Tie first subject 70 receive attention al
the hands Of the president is that OF the
trusts IN connection with the operations
OF tho department Of and iabOr
and The bureau OF corporations. OF the
results which this bureau VIII accomplish
he says:
Tho preliminary work OF the bureau Of
corporations IN the department has shown
the wisdom Of It's creation. Publicity Ia
corporate affairs VIII tend TO do away with
ignOrance. and viii afford facts upon which
intelligent action may be taken. System
attic, intelligent Investigation is already do
vc.opif.g facts the knowledge of which ~
essential 10 "A right understanding Of the
needs and duties of the business word.
The corporation which Is honestly and
iaif!y organized. whose managers in the
conduct OF It's business recognize their
obligation 70 deal squarcly With their
stpcako,dcrs. their competitors and the
public. has nothing TO fear from such
supervision. Tho purpose Of this bureau
Is no, to emharrass or assaii legitimate
business. but 20 aid In bringing about a
better Industrial coniitiOu-a condition
under which there shah be obedience to
Ia" and recognition Of public obligation
~ "a 'pD' h'Ip!'Dt sI'hN VI oibhiA.
Capital and Labor.
On the subJec, OF capi,al and labor the
president says:
erie consistent policy Of the national
government. 80 far as il has the power.
Is 10 hp.t IL check the interruptions man,
whether employer ar cMp!Oye. but to re-
iusc to weaken individual initiative or to
hamper or cramp the Industrial develop
iHcHi Of the country. We recognize that
ms IS an era Of federation ana cOmbIna-
non. III "hlch great capIialistlc corpora
tons ana lrbor unions hay" become fac
tors Of tremendous importance In ali IN
dustria. ccntcrJ Hearty recognition is
given the far-feaching, bcnchc.nt work
wilch has been accomplished through both
cpfppfhtlona ana unions, ana the me al
Gwen different corporations, as between
diI"f"nt Unions, IS dfa"n as It - bel "een
different individuals. that Is, It is drawn
on conduct, the effort being to treat both
organized capital and Organized labor
AK" asking, nothing save that the inter
ts' Of each shall be brought into harmony
MN the interest Of the general public, and
thai the conduct Of each shall conform 20
IN" fuhdam n'ht rules Of obedience to
.a". Of iBiiy!dual freedom. and Of justice
and fair dealing towards all Whenever
either corporation. lanor union, or ird.v!d-
ia ilsrtghrdS n" law or acts IN "A spirit
OF arbitrary or iyranHOIs interference win
the rights of others. whether corporations
or !ndivIcuaIs th'n where the federal gov
,thm.nt hhs jurisdiction, 1t VII! see to II
not tho slightest heed to ne position OF
pp~tf o! the corporation. the union or the
but only to one vita! fact that
i, the question whether or NOT the conduct
OF 'tr lndiE.duhl or aggregate 81 !nGivId-
Gals l. In accordance w.ih tie law Of the
land Every man must be guaranteed lis
liberty and his right 10 ID ~ he likes with
hi property % his labor. 50 .Ong as he docs
not i~nfring" N" rights Of others. No man
i above III" Jaw ana no man Is below i,
nor 30 80 ask any mans permission Wi'u
y" require him 10 ob'y II. Obedience 20
tie "a" IS demanded As a right, not asked
rs "a favor