The Montgomery tribune. (Montgomery City, Mo.) 1892-1910, 1905-12-08

policy Of other nations by providing
adequate national supervision OF COM
merciai interests which are clearly ma
tional In character. My predecessors
have repeatedly recognised that tho
foreign business OF these companies IL
an important part Of our foreign COM
merciai relations. During tho admin
istrations of Presidents Cleveland.
Harrison aud Mckinley the state de-
pnrtment exercised its influence,
through diplomatic channels. TO pre-
vent unjust discrimination by foreign
companies. These negotiations Illus
trated the propriety Of the congress
recognizing the national character OF
Insurance. for In the absence OF fed
erat legislation the state department
could only III expression to thc
wishcs Of the authorities Of the several
states. whose policy was Ineffective
through want Of uniformity.
repeat my previous recommended
ton that the congress ahouid also con
slider whether the federal government
has any awe or owes u duty with
respect to domestlc transactions IN In
surance Of an Interstate character.
That state Supervision has proved In
adequate IL generally conceded The
burden upon Insurance companies.
therefore their policy holders. Of CON
nictinr regulations Of many states. u
unqusstion.i. while but little effective
check IN Imposed upon any able and
INSCRIPTIONS mar who desires to ex.
plot the company In his own interest
at the expense OF the policy holders
n Of the public. The Inability OF a
state TO regulate effectively insurance
corporations created under the laws Of
other states and transactinR h larger
part OF their business elsewhere ~
also clear, A. n remedy for this evil
OF conflicting. Ineffective. and yet bur.
dcnsomc regulations there has been
for many years a widespread demand
Tor federal supervision. The congress
has already recognized that Interstate
Insurance may be a proper subject for
federal legislation. for In creating the
bureau OF corporations II authorized
II TO publish and supply useful In.
concerning interstate cor.
~poratiors, Including corporations m
gagged In insurance" IL u obvious
~ the compilation % statistics be
the limit Of the federal power. u Is
wholly Ineffective TO regulate this
form Of commercial intercourse be.
tween the states. and rs the insurance
business hiss outgrown In magnitude
The possibility OF adequate state su-
pcrVislon. tho congress should care-
fully consider whether further ieslsla-
lion ran he had. what ~ said above
applies with equal force 10 frat"rnii
and benevolent organizations which
for No. Insurance.
rnde the subject % rational revenues
The president makes n plea for IN" enact
ment o. reciprocal arrangements heiwe'n
this and other countries. but does not asa
Tor any tarin legislation at the present
time. In the same connection he asks TOT
economy IN appropriations.
Business Methods In Departments.
on the subject ~ graft" In the several
government departments that have been
under Investigation he says!
~ various times have instituted
Investigations into the organization
md conduct 81 the business Of the cx-
'cn,ise departments. While none Of
lhesc Inquiries have yet progressed
enough to warrant fnai conclu.
they have already confirmed
emphasized the general impress
'nrtm.nts u often faulty In principle
md wn-tefui In results. while mani
" their business methods are anti
and ineiicient Their II every
'esson why our executive. govern.
mental machinery should be at least
~ well planned. economical and
'%fhcicnt as the hest machinery NJ the
treat business organizations. which at
present IN not the ease. To make II
u II a task Of complex detail M .H-
executive. In Its nature. prob.
bly, no legislative body. no matter !
wise and able. could undertake II |
With reasonable prospect Of success.
recommend that N. congress com
Iider this subject with n view IN pro-
fide by legislation for the transfer. |
iisiribution. consolidation and asaign-
nent OF duties and executive orgnnikt. !
ions or parts Of organizations. and
'or the changes In business methods.
or between The several depart
nentS, that will hest promote the
economy, efficiency and high character
" the government work
Federal Elections.
on the subIcc, ~ federal electors he rec.
mat n he made unlawful for 20.
Iiiical parties TO receive campaign con |
Iribuiiuns from the corporations. and also
II be mad. unlaw ful fos corporations
10 g,vc such contributions. and In this con.
he says.
Contributions by corporations to mi
purpose should he forbidden by law;
should not bg permitted to
~. ~stockholders' money for such pur-
poses; aud moreover, a prohibition ~
his kind would be, ms far AZ II went.
IN effective method Of stopping the
wills mined nj In corrupt practices |
,ots Not only should both the ma
Iinnal and the several state legisla-
forbid amy officcr ~ a corpora
lion from using the o ~ the cor.
In or about any election. but
lhoy should also forbid such use OF
In connection with any l.gisia. !
lion save by the employment Of coun.
In public for distinctly ls-
gal services.
The Hague Conference.
The Hague conference aud IN. sub
|ect of arbitration generally Is treated
" at considerable length. and In his
an explanation In givon 10
Ih,s governments connection with the
,oming conference In the following
The niAt conference Of nations hold nj
Hague In $50. heing unable tn d,s.
)osc Of al the business before IL recon.
IN" consideration n setiiement
" n number of important questions by
mother conference 10 be called snbsa.
luenily and at an early date. These
were the follow ~ The
and duties % neutmls. "a Tho
imitation Of the armed forces ON Land
md sea, AMI Of military budgets. u, Inc
use OF new types and chllbers ~ military
md naval guns: 90 the iuyiolablity 81
lriyaic property at sea in times OF war
~ the bombardment Of ports, cities ana