La Junta tribune., 1903-12-12

garcs the law or acts in n spirit of arbi-
trary and tyrannous interference with
the rights of others. whether corpora
tons or individuals. then where the
Federal Government has Jurisdiction, Il
will see to II that the misconduct Is
stopped. paying not the slightest heed to
the position or power of the corporation.
tho union or the Individual. but only to
one vital fnct-that is, the question wheth-
er or not the conduct of the Individual
or aggregate OF individuals Is in ac-
cordancc 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. 20 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 mans permission when
we require him to obey it, Obedience to
the law is demanded as a right: not asked
as q favor.
Receipts and Expenditures.
From all sources. exclusive of the pos
tai service. the receipts of tho govern
ment for the last fiscal year aggregated
$3.50, ,5ss.s1t. The expenditures for the
same period were s50G. .0so oo7. the surplus
for the ffscal year being S54. .cy7 G67. The
indications are that the surplus for tho
present fiscal year will be very small. II
indeed there be any surplus. From July
to November the receipts from customs
were. approximately. nine million dollars
less than the receipts from the same
source for n corresponding portion OF last
year Should this decrease continue at
the same ratio throughout the fiscal
year. the surplus would b. reduced by.
approximately. thirty million dollars.
Should the revenue from customs suffer
much further decrease during the fiscal
year. the surplus would vanish. large
surplus II certainly undesirable. Two
years ago the war taxss were taken on
with tho express Intention OF eQualixing
the government receipts and expenditures.
and though the hrst year thereafter still
showed surplus. Il now seems likely
that a substantial equality of revenue
and expenditure will be attained Such
to exercise care and economy an appro-
priations. and to scan sharply any change
In our fscai revenue system which may
reduce our income. The need Of strict
economy in our expenditures Is empha-
sized by the fact that we can not afford
TO be parsimonious in providing for what
II essential to our national well-being.
Careful economy wherever possible will
alone prevent our income from falling
below the point required IN order to meet
our genuine needs.
Needs Of Financial SituaHIen.
The integrity OF our currency 10 beyond
question. and under present conditions II
would be unwise and unnecessary to at
tempt reconstruction Of our entire mon
etary system. The same liberty should
TO deposit customs receipts n b granted
him In the deposit OF receipts from other
sources In my messaGe Of Dec. .. 1902.
] called attention to certain needs OF the
financial situation. and ! again ask the
consideration OF the Congress for these
Geld and siivsp STANDARD.
During the last session Of the Congress.
At the suggestion Of a joint note from
the Republic Of Mexico and the Imperial
Government OF China. and In harmony
with an act of the Congress appropriat-
ing $4,000 TO pay the expenses thereof.
q commission was appointed to confer
with the principal European countries In
the hope that some plan might be devised
whereby = hxed rate OF exchange could
Be assured between the Gosd-standard
countries and the silver-standard coun-
tries This commission has filed its pre-
liminary report. which has been made
public deem important that the
commission be continued. and that . sum
Of money Be appropriated sufacient 70
With regards TO the improvement OF
the American merchant marine the
Prosident recommends that the Con-
gress direct the Secretary Of the
Navy. the Postmaster General. and the
Secretary Of Coanerce and Labor. as
soeiated with sseh Q representation
fro0 the Senate and House Of Repre-
sentatives a. the Congress in its wis
1o0 ny designafe. 10 serve - . com
Ues16sa for he purpose of investignt-
ing ard rspurting TO Tie Csagress ct
M next sesnkoa what Iegfslati0a 10 de-
a1FabSe o. neeessasy SDr ne develop
neat of the A0ericun merchant ma
f1ne and Americas coO0sfee. anA H.
peidestally q . natioaa1 oeesa nail
service Of eAequste auxiliary Aava1
cruisers and navel reserves
On the subject q iDnisfaftoa the
message calls attestioa 10 ne report
of . committee of New York citiEens
of high standing. Messss- Arthur '.
vsiesen. Lee X RSaakel, Bsgeas A.
rAlbsn. TAooas ~. Hynes. - nafpA
Tsautnan. which deals with tAs Whole
u1e1na1sa q beagtA. 80 cooeisoes wisA
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