The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1903-12-07

nation regarding the business trans
actions of the nation but the execu-
tive arm of the government TO ala
in strengthening our domestic ana
foreign markets, in perfecting our
facilities. in building
up our merchant marine in prevent
ing the entrance of undesirable I'M
migrants, in improving commercial
and industrial conditions. and in
bringing together on common ground
those necessary partners in lndu-
trial rogress-capital and labor.
Capital and Labor.
We recognize that this is an era
of federation and combination. In
which great capitalistic corporations
and labor unions have become rae
tors of tremendous Importance IN all
industrial centars. Hearty recognl-
ton is given the far-reaching, benen-
cent work which has been accom-
plished through both corporations |
and unions. and the line as between
different corporations, as between
different unions. is drawn as II Is
between different individuals; that
! is. it is drawn on conduct. the eHort
being to treat both organized capl-
tai and organized labor alike; ask
ing nothing save that the interest OF
each shall be brought into harmony
with the interest of the general pub
lie and that the conduct OF each
shall conform to the fundamental
rules of obedience to law. OF lndlVld-
nal freedom, and of justice and fair
dealing towards all. Whenever eth
or corporation, labor union, or lndl-
yidual disregards the law or acts IN
a spirit of arbitrary and tyrannous
interference with the rights or oth-
ers. Whather corporations or lndlVld-
uole then where the Federal gov
ernment has jurisdiction. it Will see
tn if that the misconduct is stopped,
paving not the slightest heed to the
position or power of the cOrporatlon
the union or the individual. but only
to one vital fact-that is the ques
tion whether or not the conduct OF
the Individual or aggregate OF lndl-
; yiduals is in accordance with the
> law of the land. Every man must be
guaranteed his liberty and his rlgnt
J to do as he likes with his property
; or his labor, so long as he does not
: infringe the rights of others. NO
man is above the law and no man
{ is below it; nor do we ask any man
/ permission when we require MIN te
I obey it. Obedience to the law is oe
$ manded as a right; not asked as
: favor.
20 wo have cause as a nation to be
thankful for the steps that nave
r.. been so successfully taken to pu
t. these principles into effect In
III nrogress has been by evolution, no
n by revolution. Nothing radical ma
H. been done; the action has been bot
le moderate and resolute. Therefore tn
vi work will stand.
Se Government Receipts.
From all sources. exclusive OF tn
- nostal service, the receipts OF tn
- government for the last fiscal yea
"a aggregated $3.50, ,396,674. The expe
= dituras for the same period wei
80 s5O6 .O99 ,007, the surplus for the
- cal wear being s54,297,667. The l
=, dications are that the surplus II
- the present fiscal year will be We
or small, if indeed there be any su
-; Mus. From July to November the
GENTS from customs were appro
!. - mately nine million dollars less TN
the receipts from the same sour
HI, for the corresponding portion OF IL
49,. wear Should this decrease contln
at the same ratio throughout the
- cal wear. the surplus would be
~ duced by, approximately, thirty III
t;os ion dollars. Should the revenue III
customs suffer much further
crease during the fiscal year, the
nlns would vanish. A large surp
..+ is certainly undesirable. Two ye
a. AGO the war taxes were taken
- with the express intention OF eq'
- ;zine the government receipts
non expenditures. and though the
- wear thereafter still showed
-; nlus. it now seems likely that
stantial equality of revenue and
,tio1 penditure will be attained Sucn
tne ing the case it is of great nom
.s both TO exercise care and econf
hon in our appropriations, and to
hose sharply any cnans -
n,,- enue system which may reduce
!, - income. The need of strict econ
vnondituras is emphas