The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1905-12-07


Congress carefully consider whether the pow
er OF the Bureau OF Corporations cannot con-
stItutionally be extended to cover Interstate
transactions in insurance" Recent events
have emphasized the Importance OF an early
and exhaustive consideration OF this ques-
ton to see whether II is not possible to fur
states have been able to furnish against cor
ruption OF the fragrant kind which has been
exposed.
The Revenues.
Touching the question OF tariff and
revenue the views of the President are
as follows:
There is more need OF stability than OF
the attempt to attain an ideal perfection In
the methods of raising revenue; and the
shock and strain to the business world GER
tain to attend any serious change in these
methods render such change inadyisablc un-
less for grave reason: II Is not possible to
lay down any general rule by which to de-
tormlne the moment when the reasons for
will outweigh the reasons against such
cuange. Much must depend, not merely on
the needs, but on the desires OF the people
whole; for needs and desires are not nee
essarily Identical OF course no change can
be made on lines beneficial to, or desired
by. one section OF one state only There must
be something like general agreement among
the citizens Of the several states, as repre-
scented In the Congress, that the change is
needed and desired in the interest OF the
people as whole; and there should then be
a sincere, intelligent, and disnterested effort
to make 1t in such shape as will combine, 80
far as possible. the maximum of good to The
people at large with the minimum OF Heces-
sary disregard for the special interests OF
localities or classes. But in time Of peace
the revenue must the average, taking
a series OF years together, equal the expendi-
lures or else the revenues must be increased.
Last year there was deficit Unless our ex-
penditures can be kept within the revenues
then our revenue laws must be readjusted
1t Is as yet too early to attempt to outline
what shape such readjustment should take.
fnR lie Unt p IN Nuh ther
there will be need for 1t. 1t should be con-
sidered whether 1t is not desirable that the
tariff laws should provide for applying as
mum and minimum tariff rates established by
the Congress. so as to secure certain rect
procity OF treatment between other nations
and ourselves Having in view even larger
considerations Of policy than those of
purely economic nature 1t would, In my
judgment be well to endeavor to bring about
closer commercial connections with the other
people OF this continent. am happy to be
able to announce to you that Russia now
treats us on the most-favored- nation basis.
Economy In Expenditures.
The necessity for economy and a
rigid scrutiny of appropriations is
made manifest, with this proviso:
Yet. In speaking of economy, I must in no
wise be understood as advocating the false
economy which is in the end the worst ex-
travagance. To cut down on the navy. for
ton To fail to push forward all work on
tie Panama canal would be great folly
Currency.
The currency question is dealt with
as follows:
Every consideration Of prudence demands
the addition Of the element of elasticity to
our currency system. The evil does lot con.
sist in an adequate volume OF money, but in
the rightly of this volume which does not
respond 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 active seasons of the year:
that the snS M ior th
OF legitimate business. At present the Treas.
ury department is at irreguarly recurring in
tervals obliged. in the interest OF the bust
ness worId-2that is. in the interests of the
American public-to try to avert financial
crises by providing remedy which should
be provided by Congressional action.
Federal Elections.
On the subject of federal elections,
the President says:
1.-THE power OF the government to protect
the integrity Of the eees s Of Its SWn oil
and affirmed by repeated declarations of the
Supreme court. There is no enemy OF free
government more dangerous and none so In
sidious as the corruption of the electorate;
No one defends or excuses corruption, and
1t would seem to follow that none would OPP
pose vigorous measures to eradicate 1t.
recommend the enactment OF a law directed
against bribery and corruption in federal
elections. The details OF such law may be
safely left to the wise discretion OF the Con-
gress, but 1t should go as far as under the
constitution 1t Is possible to go, and should
include severe penalties against him who
gives or receives a bride intended to infu-
| ence his act or opinion as an elector and
provisions for the publication not only OF
the expenditures for nominations and cleo
tnnu nj "a candidates.
| tributions received and expenditures made by
| political committees
l desire to repeat this recommendation. In
political campaigns In country as large
| and popuous as ours 1t Is inevitable that
| there should be much expense of an entirely
| legitimate kind This, OF course. means that
| many contributions, and some OF them OF
! large size, must be made. and, as matter
OF fact, In any big political contest such con,
| tributions are always made to both sides. II
| is entirely proper both to give and receive
| them, unless there is an improper motive
connected with either gift or reception II
they are extorted by any kind OF pressure
| promise express or implied, direct or In
| direct. in the way Of favor or Immunity then
| the giving or receiving becomes not only I'M
difficult as matter OF practical detail to
shape an act which shall guard with reason
ABLE certainly against suf IN aw tbs @ anu pu1
verified publication In detail OF all the sums
contributed to and expended by the candi'
the Their result cannot but be wholesome Ali con
trbutions by corporations to any politica
| committee or for any political purpose SHOULD
| be forbidden by law; directors should no
| be permitted to use stockholders money fol
| such purposes; and, moreover, prohibition
| Of this kind would be- as far as 1t went, al
| effective method Of stopping the evils aimed
| at in corrupt practices acts. Not only should
| both the national and the several state legis
| latures forbid any officer OF corporation
from using the money Of the corporation II
or about any election, but they should alst
forbid such use OF money in connections will
any legislation save by the employment o
counsel in public manner for distinctly lega
services,
The position of the United States
with regard to The Hague confer
ence is clearly shown. the desire o
the United States for continuance o
the worlds peace being made appar
ent and the necessity for strength t.
maintain righteous position insiste
upon,
Celebrating on the many reasons eA
listing for the maintenance of tn
Monroe doctrine, the message point
| ~ of hor