The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1903-12-07
Presidents Message
CONTINUED from Page ~

!nteElerepce with the rights nj others
Whetnef corporations or individuals,
then where the federal government b,s
Jurisdiction It will 81 to 1t TINT the
misconduct is stopped, paying not the
slightest heed TO the position or power
Of the corporation, the union or the in.
diyIdual, but only 10 one vital fact
that is, the question whether or not
the conduct Of the individual or nagre.
gate OF individuals is in ucrordance
with the law Of the land. Every man
must be guaranteed his liberty and his
right to do as he likes with his prop.
erty or his labor SO long as he does
not infringe the rights of others,
Government Receipts and Expena-
itureB,
From all sources exclusive Of the
postal service, the receipts of the gov.
ernment for the last fiscal year aggre.
gated SOCIOLOGICAL, The expenditures
for the same period were S5O60O0,0O7,
the surplus for the fiscal year being
$54,297,067. The indications are that
the surplus for the present fiscal year
will be very small, II indeed there be
any surplus. From July to November
the receipts from customs were, an.
proximately, 100000 less than the
receipts from the same source for a
corresponding portion last year. Should
this decrease continue at the same ra-
ito throughout the fiscal year the sur.
plus would be reduced by, approx.
mately, $30,00O00O. Should the rev.
enue from customs suffer much fur.
Their decrease during the fiscal year the
surplus would vanish A large sur.
plus is certainly undesirable. Two
years ago the war taxes were tnken
of with the express intention Of
eQuahzlng the governmental receipts
and expenditures, and, though the
first year. thereafter stu showed q
substantial equality Of revenue and
expenditure will be attained. Such be.
Ing the case, 1t is Of great moment both
TO exercise care and economy In an.
preparations and to scan sharply any
change in our fiscal revenue system
which may reduce our income. The
need of strict economy in our expend.
lures Is emphasized by the fact that
we cannot afford to be parsimonlous in
providing for what is essential to our
national well being.
Needs of Financial situation.
The integrity Of our currency is be.
yond question, and under present con
dltions 1t would be unwise and unnec.
essary to attempt a reconstruction of
our entire monetary system. The same
liberty should be granted the secretary
of the treasury to deposit customs re-
ceipts as Is granted him in the depos-
1t of receipts from other sources. In
my message Of Dec 2, 1902, called
attention to certain needs Of the flnan.
cial situation, and again ask for
consideration of the congress for these
questions.
1.-THE president commends the work
of the international monetary confer
ence and advises Its cOntinuance.]
A majority of our people desire that
steps be taken IN the interests of
American shipping, so that we may
once more resume our former position
in the ocean carrying trade But hith.
ertO the differences of opinion MS to
the proper method of reaching this end
have been so wide that 1t has proved
impossible to secure the adoption OF
my particular scheme. Having in
view these facts recommend that the
congress direct the secretary Of the
navy, the postmaster general and the
secretary Of commerce and labor, asso.
ciated with such representation from
the senate and house of representatives
us the congress In Its wisdom may des.
ignate, to serve as commission for the
purpose Of investigating and reporting
to the congress at Its next session what
legislation Is desirable or necessary for
the development of the American mer.
chant marine and American commerce
and incidentally OF a national ocean
mall service of adequate auxiliary ma
val cruisers and naval reserves, While
such a measure Is desirable in any
event. 1t Is especially desirable at this
ume In view Of the fact that our pres.
ent governmental contract for ocean
mail with the American line will expire
IN 1905. The establishment of new
INES OF cargo ships to South America.
10 Asia and elsewhere would be much
IN the interest of our commercial ex.
panslon.
Immigration.
we cannot have too much immigra.
tlon Of the right kind, and we should
nave none at all of the wrong kind.
The need is to devise some system by
Which undesirable immigrants shall be
Kept out entirely, while desirable i'm.
migrants are properly distributed
throughout the country. at presen,
some districts which need immigrants
nave none, and in others, where the
population is already congested, immi
grants come in such numbers as to do
press the conditions of life for those al.
ready there. During the last two years
the immigration service at New York
has been greatly improved and the cor.
ruption and ineflicIency which former.
~ obtained there have been eradicoted
This service has just been investigated
by n committee of New York citizens
of high standing, A1essrs. Arthur v
BrieSen, Lee X Eranl;pI Euro,,o