Milford chronicle., 1903-12-11
PRESIDE
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l. e

which has marked the past year. both
as regards our foreign and as regards
| our domestic policy.
The preliminary work of the bureau oi
corporations in the department of COM
merce and labor has shown the wisdom
of its creation. Publicity in corporate
affairs viii tend to do away with igno-
rance and will afford facts upon which
| intelligent action can be taken. System
| attic, intelligent investigation is already
developing facts the knowledge of which
is essential to a right understanding OF
the needs and duties of the business
world.
Capital and Labor.
! The consistent policy of the national
| government, so far as it has the power. is
to hold in check the unscrEpulous man.
/ whether employer or emplOJe, but to re-
/ fuse to weaken individual initiative or
to hamper or cramp the Industrial devel-
| opment Of the country. We recognize
that this is an era of federation and COM
/ bination, in which great captalistic cor
poratOns and labor unions have become
factors of tremendous Importance in all
industrial centers. Hearty recognition Is
given the far reaching. benefcient work
which has been accomplished through
both corporations and unions, and the line
as between corporations, as between diff
ferent unions, is drawn as it is between
different individuals-that is, it is drawn
on conduct, the effort being to treat both
organized capital and organized labor
alike, asking nothing save that the inter-
est of each shall be brought into har-
mOny with the interest 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 justice and fair dealing toward all.
Whenever either corporation. labor union
or individual disregards the law or acts
in spirit of arbitrary and tyrannous in
for
whether corporations or individuals. then
where the federal government has iuris-
dtction it will see to il that the miscOn-
duct is stopped. paying not the slightest
heed to the position or power of the cor /.
poration the union or the individual. but /
only to one vital fact - the question
whether or not the conduct of the indi-
vidual or aggregate of individuals is in /
accordance with the law of the land.
Every man must be guaranteed his lib
erty and his right to do as he likes with
his property or his labor so long as he
does not infringe the rights of others.
Receipts and Expenditures.
From all sources. exclusive of the pos
tai service the receipts of the govern
nent for the last fiscal year aggregated
'560.396,6i4. The expenditures for the
same period were S5Qeu99.O07 the surplus
'or the fiscal year being $5f.297 Coz The
ndicltiOins are Chat the surplus for the
lAtSclll lSfHt NedE VIII ne very small. if
indeed there be any surplus. From July
o November the receipts from customs
we're approximately 49, 600 less than
he receipts from the same source for
corresponding period last year. Should
his decrease continue at the same ratio ,
throughout the fiscal year the surplus ,
vii be-reduced approximately $50 00G. 600 ,
The integrity of our currency is beyond ,
uestion, and under present conditions it
'ould be unwiSe and unnecessary to at T
empt a reconstruction of our entire :
monetary system. The same liberty !
hould be granted the secretary of the ,
'easury to deposit customs receipts as I
granted him in the deposit of receipts !
rom other sources. In my message of +
december 2. 1902 ! called attention to ?
artain needs of the financial situation :
nd ! again ask for consideration of the p
1ngress for these questions. r
CFhe president commends the work of a
le international monetary conference h
nd advises its continuance) :
We cannot have too much immigration q
the right kind, and we should have +
one at all of the wrong kind. The need n
to devise some system by which unde- c
rable immigrants shall be kept out en- II
rely while desirable immigrants are n
'operly distributed throughout the coun-
Y. AT present some districts which need
migrants have none. and in others.
here the population is already congest- "
], immigrants come IN Sucn numbers as
depress the conditions of life for those y
ready there. During the last two years q
e immigration service at New York has u
en greatly improved and the corrup- ~
IN and inefliciency which formerly OBJ u
ined there have been eradicated. IL -
Naturalization Frauds. c
me special investigation of the subject 10
naturalization under the direction of In
e attorney general and the subsequent NJ
OgppUtiOns reveal "a condition. Of ff,f
ling for the immediate attention Of nj
ngress. FOrgeries and perjuries of M
ameless and fragrant character have IN
en- perpetrated not only in the dense pr
nters of population but throughout the W
untry and il is established beyond IN
ubt that very many so-called citizens ra
the United States have no title what in
er to that right and are asserting and of
loying the benefits of the same through tit
grossest frauds. 1t is never to be tn
gotten that citizenship is, to quote the of
rds recently used by the supreme II
lrt of the United States. an "inestina- re
heritage whether it proceeds from
tn within the country or is obtained m,
naturalization. And we poison the he
irces Of our national character and an
ength at the fountain if the privilege ae
claimed and exercised without right m
by means of fraud and corruption. We
public Land and Postal Frauds. gr
q my last annual message, in connec- oc
n with the subject of the due regula- tfy
n of combinations of capital which are go
may become injurious to the public. I me
ommended a special appropriation for lie
better enforcement of the antitrust ati
as it now stands, to be expended un- aci
the direction of the attorney general. an
'ording the congress appropriated IN
the purpose of enforcing the various WI
eral trust and interstate commerce mt
8 the sum of S5OO0OO. ! now recon- ITO
ld as a matter of the utmost import ha
e and urgency. the extension of the bui
pose, so that 1t may be available. un- otf
the direction of the attorney general mu
until used. for the due enforcement
he laws of the United States in gem
and especially of the civil and crinni- GOV
laws relating to public lands and the sua
s relating to postal crimes and Of wa
ies and the subject Of naturalization. anC
ent Investigations have shown de- the
able state of affairs in these three effC
ters of vital concern. per
ID For Treaties Making Bribery Una tha
EXtraditable. tn .Iie
cps have been taken by the state de- e teI'
ment looking to the making of brib- WHI oWI
an eXtraditable offense with foreign ~ ~
ers. The need of more effective Nv Nv
ties covering this crime Is manifest C ueC