The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1903-12-11

CARDS the law or acts IN a spirit OF arbi-
trary and tyrnnnou1 Interference with
the rights Of others. whether corpora
tons or individuals, then whore tho
Federal Government has Jurisdiction. Il
wilt SEQ TO u that the misconduct Is
stopped, paying not the slightest heed 10
tho position or power OF tho corporation.
tho union or the individual but only to
one vital faot-that n. the question whoth-
or or not tho conduct OF the Individual
or aggregate Of individuals ~ IN ac-
cordance with the law OF tho land. Every
man must be guaranteed hia liberty and
his right 10 DO az he likes with bis prop
erty or HIS labor. 30 long aH he does not
infringe the rightn OF others No man IN
above tho law and no man Is below a.;
nor do We AJAX amy mans permission when
we require him TO obey H. Obedience to
the law ~ demanded as right. not asked
a. favor
Receipts and Expenditures.
From all sources. exclusive OF tho pos
tai service, tho receipts OF the govern
ment Tor tho last fiscal year aggregated
flGQdlfGt The expenditures Tor tho
same period were 500 0110 0f. the surplus
for the fiscal year being i5Le1I05l The
indications are that the surplus for tho
prcaont fiscal year viii be- very small "
Indeed thcre be any surplus. From July
NN NNNNNANNN ANN NNNHNNNN from NNNfNmN
were, approximately. nine million dollars
less than the receipts from tho same
source Tor % corresponding portion OF last
year Should this decrease continue nt
tho same ratio throughout the fiscal
year. tho surplus would be- reduced BY
approximately, thirty million dollars.
Should the revenue from customs nunor
much further decrease during the fiscal
year, tho surplus would vanish. A large
surplus Ia certainly undesirable. Two
yonr1 ago tho war taxes were taken on
with tho express intention OF equaliElng
the government receipts and expenditure.
ana though tho nrnt year thereafter stil
showed surplus, Il now seems likely
inat substantial equality % revenue
ana expenditure WIN be attained such
being the case u n Of great moment both
10 exercise care and economy IN apnro-
rrntiona, ana 20 scan sharply any change
IN our fiscal revenue system which may
reduce our Income. Tho need OF strict
economy In our expenditures IL empha-
alHed by the fact that We can not AFFORD
TO be paralmunloun In providing for what
u essential 10 our national woll-hclng.
Careful economy wherever possible viii
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 b. beyond
question, ana under present conditions Il
would be unwlso and unncccHsnry TO at
tempt n reconstruction OF our entire mon-
ctary system Tho same liberty should
be gfnr'ed tho Secretary Of the Treasury
10 deposit customs receipts as n granted
him In tho deposit OF receipts from other
sources. In my message OF Dec 3. 1909.
! called attention to certain needs Of tho
financial situation. and / again ask tho
consideration OF the Congress for these
questions.
Gold and silver Standard.
DURING the last session OF the Congress.
al the suggestion OF Joint note from
the Republic OF Mexico and tho Imperial
Government OF China. and In harmony
with an act Of the Congress appropriate
Ing $4,000 90 pay the expenses thereof.
a commission was appointed 10 confer
with the principal European countries In
the hope that some plan might be Devised
whereby fixed rate Of exchange could
be assured between tho gold-stnndard
countries and tho siivor-standnrd coun-
tries. This commission has nicd ia pre-
llminary report, which has been made
public. I deem n important that tho
commission DO continued, and that sum
or money be appropriated sufficient 90
pay tho expenses ot ~ further iahors
With regards 10 the improvement OF
the American merchant marine the
President recommends that the Con.
gross direct the Secretary OF tho
Navy the Postmaster General, and tho
Secretary OF Commerce aud Labor. as.
soclntod with such a representation
from the Senate and House OF Repre-.
sentatlvos nm the Congress IN It's wis
dom may designate, to serve as a com
mission for the purpose OF invcstigat-
Ing and reporting 20 the Congress at
ita next session what legislation f. do
sirahle or necessary for the develop.
ment OF the American merchant ma
rlne and American commerce. and IN.
cldentally Of a national ocean mail
service OF adequate auxiliary naval
cruisers and navel reserves.
On the subject OF immigration the
message calls attention 10 the report
OF a committee OF New York citizens
or high standing. Messrs. Arthur v.
Vrioson, Lee X. Frankol, Eugene A..
philhln. Thomas w Hyncs, and Ralph
Trautman, which deals with the whole
situation AZ length, and concludes with
certain recommendations for admins.
tratlvo and legislative action, II Is
now receiving tho attention OF the
Secretary OF Commerce and Labor.
The message continues;
Antitrust Laws.
on the subject OF the antitrust
measures which have been dealt with
hy the Congress the President SAYS;
In my last annual mesnnre. In conneo-
ton with tho subject OF the due rcrula-
uon of combinations OF capital which
IRE or may become Injurious 20 the pub
lie. I recommended "a special nppruprla-