Mexico Missouri message. (Mexico, Audrain County, Mo.) 1899-1918, 1903-12-10

CARDS the Law or acts in q spirit OF arbl-
trary ana tyrannous interference with
the rights OF others, whether corpora
lions or individuals, then where tho
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,
the union or the Individual, but only TO
one vital fact-that Is, the question wheth-
er or not the conduct OF the individual
or aggregate OF individuals is in 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 prop
erty or his labor so long as he does not
infringe the rights OF others, No man ls
above the law and no man Is below e:
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 a favor.
Receipts and Expenditures.
From all sources. exclusive OF the pos
tai service. the receipts OF the govern
ment for the last fiscal year aggregated
$3.50. S06s7t. The expenditures for the
same period were 1506O99,OO7 the surplus
for the fiscal year being $54.297.G67. 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
less than the receipts from the same
source for a corresponding portion OF last
year. Should this decrease continue at
the same ratio throughout the fiscal
year. the surplus would be reduced by.
approximately, thirty million dollars.
Should the revenue from customs suffer
much further decrease during the fiscal
year. the surplus would vanish. A large
surplus Is certainly undesirable. Two
years ago the war taxes were taken OF
with the express intention OF edualizing
the government receipts and expenditures.
and though the first year thereafter still
showed a surplus. II now seems likely
that substantial equality OF revenue
and expenditure Will be attained. Such
being the case IL Is OF great moment both
TO exercise care and economy in appro-
priations and to scan sharply any change
In our fiscal 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
Is 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 Situation.
The integrity Of our currency is 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
be granted the Secretary OF the Treasury
to deposit customs receipts as Is granted
him In the deposit OF receipts from other
sources. In my message Of Dec. 2 1902
1 called attention 10 certain needs OF the
financial situation. and again ask the
! consideration of the Congress for these
questions,
Gold and Silver 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 appropriate
| ing $4,000 to pay the expenses thereof
| a commission was appointed to confer
! with the principal European countries in
| the hope that some plan might be devised
| whereby a fixed rate OF exchange could
be assured between the gold-standard
! countries and the silver-standard coun-
! tries. This commission has filed it's pre-
liminary report which has been made
public. 1 deem It important that the
| commission be continued. and that q sum
! OF money be appropriated sufficient to
pay the expenses OF its further labors.
With regards to the Improvement OF
the American merchant marine the
President recommends that the Con.
gress direct the Secretary of the
Navy, the Postmaster-G General, and the
Secretary of Commerce and Labor, as,
ISOLATED with such a representation
from the Senate and House OF Repre-
sentatives as the Congress IN It's wis
dom may designate, to serve as q com
mission for the purpose Of lnvestigat
ing and reporting TO the Congress al
its next session what legislation Is de
sirable or necessary for the develop
ment OF the American merchant ma
rine and American commerce, and In
cidentally of national ocean mai
service Of adequate auxiliary nava
cruisers and navel reserves.
On the subject OF immigration The
message calls attention 70 the repOr
OF committee Of New York citizens
OF high standing, Messrs. Arthur v
Yrlesen. Lee X Frankel, Eugene A
PhilbiA. Thomas W. Hynes. and RALPH
Traatman. which deals with the Who'll,
situation at length, and concludes viii
certain recommendation for admins
tTative ana legislative action. II Il
now receiving the attention Of tn,
Secretary Of Commerce aud Labor.
The message continues
Antitrust Lava.
on tho subject OF the anti.trus
measures which have been dealt witt
BY the Congress the President says:
Is my last annual message. in cbnnec
zion with the subject Of the due reEuia
con of combinations 81 capital Hnic
are ~ mas hecorl infirloua fo ne pub
-. Recommended special anptoDgia