Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1903-12-11
To The Senate and House of Representa-

which has marked the past year both as
regards our foreign and as regards our
domestic policy.
With a nation as with man the most
Important things are those OF the mousse
hoiA and therefore the country Is eS
necial1y TO be congra tulated on what mas
gAeo ACCOMPLISHED in the direction or
nroyiding for the exercise or SUPERVISION
ever the great corporations ana colhpi
nations of corporations engaged III III
seFState commerce. Inc Cohs eaa s',d r%o
created the Department OF Commerce
and Labor. including the Bureau OF Cor
nnrations with for the first time aulhor-
Ity 10 secure proper publicity OF such
proceedings of these great corporations
IN the public has the right 10 know. II
las provided for the eXpedltlhg OF sults
for the enforcement Of the federal anu
Arnst law: and by another law 1t has
secured equal treatment to all producers
In the transportation OF their GoodS, mus
taking q long stride forward III maklhs
,fYective the work Of the Interstate Com
a8erce Commission
The establishment of the Department
NJ Commerce and Labor, with the Bu-
seau Of Corporations hereunder, marks
a raal advance in the direction OIL nolh,
al that is possible for the solution or
1ha questions vitality affecting capitalists
and wage workers. The prellihlhai!
york Of the Bureau of Corporations III
81 it's creation. Publicity in corporate
afSairs will tend to do away with lSnoT-
gnce. and will afford facts upon Whlch
Intelligent action may be taken.
The Department of Commerce ana La
NOR will be not only the clearing house
sor information regarding the business
transactions of the nation, but the eXecu-
Awe arm of the government to ana III
STRENGTHENING our domestic and foreign
markets, in perfecting our transportation
facilities, III building up our merchant
marine, in preventing the entrance OIL
undesirable immigrants III lnipIo'in77
commercial and industrial conditions, ana
In bringing together on common GROUND
those necessary partners i'll lndustflal
9rOgress-capital and labor
Capital and Labor.
The consistent policy of the nahonal
government so far as it has the power,
Is to hold in check the unscrupulous
man, whether employer or empioyc' put
10 refuse to weaken individual initiative
ar 10 hammer or cramp the industrial de-
velopment of the country. we recognize
ahat this is an era OF federation and COM
Aination, in which great capltaliStlc cor
porations and labor unions nave Decohe
factors of tremendous importance III an
industrial centerS Hearty recognition IS
yIyen the far-reaching, benehcent work
which has been accomplished through
both CORPORATIONS and unions, ana the
line as between different corporations, as
between different unions, is drawn as II
Is between different individuals; that lS'
il Is drawn on conduct, the effort belnS
10 treat both organized capital ana or
ganized labor alike; asking nothing save
1hat the interest OF each shall be brought
into harmony with the interest or the
general public, and that the conduct or
zach shall conform to the fundamental
miles of obedience to law, of individual
. nd oiT q
towards all. Whenever either corpora
ton, labor union or individual dlsre-
yards the law or acts i'll spirit or arDl-
arary and tyrannous interference with
lhe rights of others, whether corpora
lions or individuals, then where the red
aral government has jurisdiction, it Will
see to it that the misconduct is stopped
baying not the slightest heed to the posi-
zion or power of the corporation, the
anion or the individual, but only to one
vital fact-that is the question whether
or not the conduct of the individual or
aggregate of individuals is in accordance
with the law Of the land. Every man
must be guaranteed his liberty and his
yight to do as he likes with his property
or his labor, so long as he does not in
fringe the rights of others. NO man is
above the law and no man is below 1T;
aor do we ask any mans PERMISSION
when we require him to obey it. Obedl-
once to the law is demanded as right;
aot asked as n favor.
Government Finances.
From all sources, exclusive or the
postal service the receipts or the govern
ment for the last fiscal year aggregated
$3.50. 396,674. The expenditures for the
same period were SoOO,O99,O0l, the sur
olus for the fiscal year being SOD ,297 ,GOI.
The indications are that the surplus for
che present fiscal year will be very small,
indeed there be any surplus. From
July to November the receipts from Gus
toms were, approximately, nine million
dollars less than the receipts from the
same source for n corresponding portion
Of last year. Should this decrease con-
ainue at the same ratio throughout the
Sscal wear the surplus would be reduced
by. approximately, thirty million dollars.
Should the revenue from customs suffer
much further decrease during the nscal
yeur, the surplus would vanish. A large
surplus is certainly undesirable. Two
years ago the war taxes were taken off
with the express intention of equallZlng
ihe governmental receipts and eXpendl-
lures, and though the first year thereaf-
Ter still showed a surplus. 1t now seems
Skely that substantial equality of reYe-
aue and expenditure will be attained.
Such being the case, it is of great mo-
ncnt both to exercise care and economy
10 appropriations, and to sean sharply
any change in our fiscal revenue system
which may reduce our income. 1he need
Of strict economy in our expenditures is
emphasized by the fact that we cannot
afford to be parsimonious i'll providing
ior what is essential TO our national we'll
Seing. Careful economy wherever posi-
ale will alone prevent our income from
falling below the point required III order
~ meet our genuine needs.
The integrity of our currency Is be-
Tond question, and under present condi-
q hn
,ary to attempt Il reconstruction of our
satire monetary system. The same lib
4rty should be granted the Secretary of
fAs Treasury to deposit customs receipts
IA Is granted him in the deposit Of re-
Fslpts from other sources. IN my mes
aage of Dec. :, 1902, | called attention
~ certain needs of the financial situation.
..a I arniI, 81 ls the con Sil ora ION of the