The state herald., 1905-12-08

In examples VI GOTptI iNuHs NHoau buaiHtss
ras extended so lar beyoud the Jurisdiction of
the states which ercaiel them as to pre-
cludc strict enforcement OF supervision and
regulation by the parent States In my last
annual message | recommended that the
Congress carefully consd der whether the pow
cr Of the Bureau of Corporations cannot con-
additionally be cxteHdrt TO cover Interstate
transactions in insurance" Recent events
have emphasized the Importance Of an early
aud exhaustive cOnSitration OF this ques-
ton to see whether It Is not possible to fur
nish better safeguards than the severa,
states have been able o furnish against cor
ruptlon OF the nagranl kind which has been
exposed.
The Revenues.
Touching the question of tariff and
revenue the viewsof the President are
as follows:
There is more ncrl Of stability than of
the attempt TO attain an IDEAL perfection In
the methods OF raising revenue, and the
shock ard strain to the business world GER
tain TO attend any s,rious change in these
methods render such ,hluge inadvisable un-
less for grave renson. II is not possible 10
lay down any general rule by which to de-
tyrmine the moment when the reasons for
viii outweigh the se1sons against such q
cnangc. Much must depend, not merely on
the needs, but on The desires. OF the people
as n whole for needs and desires are not nee
rssarily Identical. or course no change can
be made on pnes beneficial to. or desired
by. one sectien of one state only. There must
the citizens OF the several states as repre-
sented in tie Congress. that the change Is
needed and desired in the interest OF the
people MS whole, and there should then he
a sincere. Intelligent and dislnterested enort
to make Il IN such shape as viii combine, so
far rs possible, the maximum Of good 10 the
people at hrge with the minimum OF neces-
sary dlsreiard for the special Interests of
localities ,r classes. Dut in time of peace
the rcvenic must on ihr average, taking
a series Of years together, equal the eSpendl-
lures q the revenues be Increased.
Last year there was dchcit. Unless our eN-
pendNurei can be kept within the revenues
then our revenue laws must be readiustcd.
II Is as -et too early 10 attempt to outline
what shnic such a rcadiustmcnl should take,
Tor II IS as yet TOO early 10 say whether
there vii he reed for u. II should he con
sldercd ShetheT il is not desirable that the
tarin Laws should provide for applying as
against a In iaNut ni any other nation maxi
mu:i and minimum tarin rates established by
the Congress. so rs TO secure = certain rect
prorliy IL treatment between other nalous
and Ourselves. Having In view even larger
considerations al nuliry than those OF
purely c'unumiC nature. II would In my
Judgment be well Ia endraynr 10 bring about
ctUs"- t0uincrrial connections with the other
pcup'r uf this continent. | am happy to lie
ahrr Ia 3nnuunrr To YOU that Russia now
ttra's Us on tho most favored ration basis
Economy IN Expenditures.
The necessity for economy and n
rigid scrutiny ui appropriations. is
made m,nifcst, with This proviso:
Vet In prahinE Ct c,onolny. | must In no
wise he understood ~ advocating the false
Crououy Ahivh rs Ia the rnd the worst OK
trhvhganrt To rut down on The navy. for
inaiAn"c. would Il" . 'iimr against the ua.
ton To fail iu push fnfwatd all work ou
I g PlnaiIa CanIi would be as great a folly
Currency.
The currency question is dealt with
as follows:
a
the addition OF the rlemtn, Of elasticity 10
our currency system The evil does not con
sist IN an adequate volume " money. but in
the rigidity Of this volume which does no,
respond Az 1t should To The varying needs OF
communities and Of SEASONS Imitation must
be avoided but some provision should be
money during The fall and winter months
than In the less attvc seasons Of the year:
50 that the currency viii contract against
speculation. ard VIII expand for the needs
Of legitimate husinesl Al present the Treas
~ department Is at ltrceuiariy recurring In
tctyals obliged, In TIE interest of the hus..
American puhi'r--iu iry To avert financial
rises by providing . rrmcdy which should
hc provided b, CONGRESSIONAL action.
Federal Elections.
On the subject Of federal elections.
the President says.
The power of The government 10 protect
nrinls IL inherent aud has been recognized
and affirmed by repeated declarations Of the
supreme couri There is no enemy Of free
government more dArgernnn aud nour In
sdiour ~ The rnfrupiinn OF the slecturate
No one dct"nds or excuses corruption, and
u would sr' m Ia folins that none would up
pose vigorous measures To sTailraie q
recommend the enactment of Law directed
against hrlhrTv and corruption IN federal
rlcriions The details oi such laa may he
safely left to the Nft, discretion of the Con
gI"rs. hut u shouid 90 a. far a. under the
constitution II il posslhic To Eo. and should
include severe pouhliirr against him who
Ets's or receives hfihe INTENDED 10 iutiu-
rh'r his act az opinion as an .iecinr; and
provisions for The publication not only Of
the Expenditure for nominations and -lrr.
lions Of all chndidatrs hut also Of all oon.
lrihuilons received and expenditure made By
poltti'al committees
desire 10 repeat this recommendation. In
and populous az ours II is Inevitable that
there should he much expense OF an entirely
legitimate kind, This. ot course means that
many ,onti buttons. and some OF them of
laTrr size. must BE- made, aud. as a matter
of TACT. In au, bir political contest such con
tuhntions are AWAY nllds to both sides II
! rnu,rH nron., both TO Else aud receive
connected with either siu or reception ~
they are cstorisi BY any Kind Of pressure
or promise. express ar implied direct OF IN.
difcri, IN III" Nay Of favor or immunity th.n
the giNins or receiving becomes not only i'm.
pfop'f but criminal II viii undoubtedly be
uNUhhN hn 4 matter OF trAgilfnl detail TO
shape ap act which shalt guard with reason
a1lc certainly against such misconduct: hut
" " IN f.ussiblr to secure by Law the full and
verified publication In detail ~ all tn. sum.
contributed 10 ani enpruisd by the sanilf
dates o. gorimlitrea II any political parties
the result cannot but be shoirsons An con,
tfihuilons by cotporaiors 10 any political
committee OF Tor anN political purpose should
be forbidden by lsW, directors should not
bs permitted 10 uss Einckholiets money for
such nutpo.rsi sad moreover. prohibition
Il Ia a L. RN Ia a.
effective mcthod 81 stopping the evils aimed
81 ln cuftupi practices acts Nut only should
both ihc nauonai and the . vera, state leE.
lhfutra lorbld any officer oi corporation
from uting The money Of the corporation in
o. about any 9lcsilarr hut they should also
forbid such usr " money In eonneeiionr with
any leglalsion usNe bY The employment OF
services
Elaborntlng on the many reasons cx
iHiing Tot the maintenance Of the
Monfp. doctrine, the message points
ont how the Interests OF out southern
nclghbors Ato ldrnlihcd with our own
aud thr impossibilily nf the United
States usinr the docttin. 40 n means
for ACKNOWLEDGMENT The holp at
tordod SAnta Domingo In b.f escape
from the opportunities of foreign cred
tors and rapacious fcNnluiionihis ai
home 10 shown a. case IN point
Army and Navy.
The President Insists upon the NJ
ceasiiy iof well trained body of .ol
dios ~ q nucleus iot nm army In
lime Of trouble. nnd that mnncu,sts
of a practical Kind should be under,
taken Ia adapt the forces to actual
conditions Of warfare An Increase In
the artillery force 80 that the coast
iofililcn,lonr can be adequately man