The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1903-12-08

The work Of the Department OF Com
mercc and Labor has been conditioned
upon this theory. Of securing fair treat
ment alike for labor and for capital
Capital and Labor.
The consistent, policy OF the national
government SO far as Ii has the power,
is to hold in check the INSCRIPTIONS man.
whether employer or employe; but TO re-
fuse TO weaken Individual initiative or
20 hamper or cramp the Industrial devel-
opment OF the country We recognize
that this is an era of freedom and COM
bnation. IN which great capitalists cor
Dorations and labor unions have become
factors OF tremendous Importance In all
industrial centers. Hearty recognition is
given the far-reachiug, hcnefcent work
which has been accomplished through
both corporations and unions, and the
lire us between tifrfurent c6rS6rafion
as between different unions, is drawn as
it is between different individuals, that
rs, it Is drawn on conduct. the effort be-
ing TO treat both organized capital and
organized labor alike. asking nothing
save the interest Of each sholl be brought
into harmony with the interest of the
general public, ana that the conduct Of
each shall conform 10 the fundamental
rules Of obedience 10 law. of Individual
freedom. and OF Justice and fair dealing
towards all Whenever either corpora
ton, labor union, or individual disre-
gar's the law or acts in spirit Of arbi-
trary and tyrannous Interference with
the rights og others whether corpora
uons or individu1is then where the
Federal Government has jurisdiction. IL
will see TO IL that tho miacorduct is
stopped paying not the slightest heed to
the position OF power of the corporation,
the union or the individual but only TO
one vital fact-that IS, the question wheth-
NOT
or aggregate OF individuals Is ia ac-
cordance with the law of the land. Every
man must be guaranteed his liberty and
his right to do as he likes with his prom
crty on his labor, go long as he does not
infringe the rights OF others 80 man IS
above the law and NJ nan is below IT,
nor do we ask any mans permission when
we require him to obey it Obedience 40
the law is demanded as Iight not asked
as a favor.
Receipts and Expenditures.
From an sources. exclusive of the pos
tal service. the receipts OF the govern
ment for the last uscal year aggregated
$3.50 596,6A The expenditure Tor tine
same period were 5u6.089001 the surplus
for the fiscal year being S5f2s5 067 THE
indications are that the surplus f0r tho
present fiscal year VIII De- very small if
indeed there be any surplus From July
90 November the receipts from customs
were. approximately. nine million dollars
less than the receipts from The aamc
source for corresponding portion Of last
year Should this decrease continue az
the same ratio throughout the fiscal
year the surplus would bee reduced by
Approximately, thirty million dollars.
Should the revenue from customs sufer
much further decrease during the fiscal
year. the surplus would vanish. A large
surplus is certainly undesirable. Two
with Tire express intention OF cquahzng
ne government receipts and expenditure.
and though the first year thereafter sim
showed a surplus it now seems likely
that substantial equality Of revenue
and expenditure will be attained. such
being the case it is OF great moment both
10 exercise care and economy im apnro-
priations and 20 scan sharply amy change
Boa our fiscal revenue system which may
reduce our income. The need OF strict
economy in our expenditure Is emphs-
sized by the fact that We can not anord
20 De parsim0nions in providing fJr what
is essential 20 our national Well-being.
/ Careful economy wherever possible Will
alone prevent our Income from falling
below the point required in order 20 meet
our genuine needs.
Needs Of Financial Situation.
The integrity OF our currency b. beyond
Z question. and under present conditions De-
would be dnwise and unnecessary 10 att
I tempt q reconstruction Of our entire mon
etary system. The same liberty should
( be granted the Secretary of the Treasury
I 10 deposit customs receipts as Il granted
him in the deposit Of receipts from other
sources. In my measage uf Dec q 1902.
I 1 called attention 20 certain needs OF the
financial situation. apd 4 again ask the
consideration Of the Congress Tor these
E questions.
Gold and silver STANDARD.
During the lass session NJ the Congress.
! at the euEeestion of a joint note from
the Republic Of Mexico and the Imperial
Government of China. ana fu harmony
with an ACT ol thf Congress ap7ropriaf-
ing S2S 900 70 pay the expenses thereof.
commission was appointed % confer