The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1903-12-07
Deals with Capital and Labor. immigration, Natural
ization Frauds, Public Land and Postal Frauds,
Treaties Making Bribery ExtraditabIe, Re-
Iations with China Isthmian Canal, New
Treaty with Panama. the Army and
Navy and in Fact all Public
Questions ofImportance.
Message Went TO Congress at
O'Clock This Afternoon and
Reading Attracted Closest
Attention Regarded A
very Able Document
Special to the Daily Telegram.

Special to the Daily Telegram.
Washington, Dec. 1.-THE presidents
message has been transmitted to- CON
gress. Its principal features are as fol-
lows:
The country Is to he congratulated
on the amount Of substantial achieve
ment which has marked the past year
both as regards our foreign and as re
CARDS our domestic policy.
With nation us with man the
most important things are those of the
household, and therefore the country
is especially to be congratulated on
what has been accomplished in the di-
rection of providing for the exercise of
supervision over the great corporations
and combinations of corporations en-
gagged in interstate commerce. The
congress has created the department
of commerce and labor, including the
bureau Of corporations, with for the
first time authority to secure proper
publicity of such proceedings of these
great corporations as the public has
the right to know. 1t has provided for
the expediting of suits for the enforce
ment Of the federal antitrust law, and
by another law 1t has secured equal
treatment to all producers in the trans
portation of their goods, thus taking
long stride forward in making efrec-
tive the work of the interstate COM
merce commission.
The preliminary work Of the bureau
of corporations in the department of
labor has shown the wisdom.of its ere
alton. Publicity in corporate affairs
win tend to do away with ignorance
and will afford facts upon which intel
lisent action may be taken. Systemat-
ic, intelligent investigation is already
developing facts the knowledge Of
which is essential to right under
standing of the needs and duties of
the business world. The corporation
which is honestly and fairly organ
lied, whose managers in the conduct
OF its business recognize their obliga-
ton to deal squarely with their stock
holders, their competitors and the pub
lie, has nothing to fear from such su-
pcryision. The purpose Of this bureau
Is not 10 embarrass or assail legitimate
business but TO aid in bringing about
Il better industrial conditional condi-
tion under which there shall be obedf-
ence to Inv and recognition Of public
obligation by all corporations, great or
small. The department of commerce
and labor will be not only the clearing
house for information regarding the
business transactions of the nation, but
the executive arm OF the government
TO aid in strengthening our domestic
and foreign markets. in perfecting our
transportation facilities, in building up
our merchant marine, in preventing tho
entrance of undesirable immigrants, in
improving commercial and industrial
conditions and in bringing together on
common ground those necessary part
ners in industrial progress-capital and
labor.
Capital and Labor.
The consistent policy Of the national
government, so far as 1t has the power,
is to hold in check the INSCRIPTIONS
man, whether employer or employee, but
10 refuse to weaken Individual inltia.
tive or to hamper or cramp the indus.
trial development Of the country. We
recognize that this is an era Of fedora
tlon and combination, In which great
capIlallstie corporations and labor un.
ions have become factorsof tremendous
importance In all industrial centers.
Hearty recognition is given the far
reaching, benefcent work which has
been accomplished through both cor.
porntlons and unions, and the line as
between different corporations, as be.
tween different unions, Is drawn as 1t
is between different indlylduals-that
is, it is drawn on conduct. the effort
being to treat both organized capital
and organized labor alike, asking moth.
ing save that the interest of each shall
be brought into harmony with the in
tcrest of the general public and that
the conduct of each shall conform to
the fundamental rules Of obedience to
law, of individual freedom and of jus
tice and fair dealing toward all. When.
ever either cornoratinn. labor nnian or
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