The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1905-12-07


Congress carefully consider uheihtr ,hs pow
cr ~ the Bureau Of Corporations fanuot cnna
faSsaetiaas in insufsneo Recent esents
have emphasized the Importance af an early
and exhnusilyc conalGeratiaa Of this qucs
nlsh better aaferuefds than the several
states have heon able - furnish against cor
ruptioh Of the naerant KIND watch has been
exposed,
The Revenues.
Touching the question OF tafin and
revenue the views Of the President are
as follows,
There IL more need ~ stability than u
the attempt 20 attain an ideal perfection IN
the nethodH % rtiainN rcvenuel and ths
shock and strain 20 the bualness world fef-
tain 10 attend any serious change 10 ,hess
msihada render such change inahyiaahie eh-
less Tor srave reason ne b NOT pessibie 20
t,rmine the moment when the rqAsous Tor
viii outweifh the reasons against such a
ehnnEe Much must Depend, not merely ou
the needs, hut on the desires 81 The people
- a whole, ter ueads aud dtaires are GOT usr-
rsHarIiy Identical OF course no change rsn
Dc made on ines beneficial 20, or desired
BY. one section Of one state 0nty There must
be scratching like A general agreement amcng
the eluecns ~ the several states, az rorfes
sunted in the Congress that tho change is
needsd and desired la the Interest o. tbs
people AZ a whole and there shoald iheH De
q sincere. intelligent and iikInterFsfed effort
"a make u in snch shape 40 viii combine. 80
far as possible. the maximum 81 good 10 he
people at large with the minimum 81 neces-
sary disregard for the special Interests o.
localities or classes Bat in tme Of neacs
the revenue must or The averaEe. takns
a series Of years t~cgether, equal the cNpendt
lures or else the revenues must be Increased
List year there WIS 2 dcArit Unless our ee-
perdituras can be kent within the revenues
then our rcvenuc laws must be rqudtusted.
10 ls as yet too early 20 attempt 20 outline
what shape such e readiusimCnt should take.
for ii M rs set too early 20 SAY rhetner
there viii b. need for &c. u should be cons
drrcd whether ft Is not desirable that the
tarig laws should PROV AZ tnr applytnE e.
aEainsi ur in favor cf any other uatfon maxi
mus snd minimum tariff races established by
The Congress. so as so secure e certain rFct-
pToclty Of treatment hetveen other nations
and ourselves haFlnE ga view even iafeef
considerations % policy than those 81 a
purely economic nature. 81 would. In my
Judgment. be we'll 20 s0deavor q bring about
closer commercial connections With the other
people OF this fontineut ] am happy 20 BE-
abe 20 announce 20 yg' that Russia noe
treats We on the most favoret-natlon basis
Economy IN Expenditures.
The necessity for economy and a
rigid scrutiny OF approx ations Is
made manifest. with this proviso:
Yet. In speaking Of eeonomy, l must 10 20
wise be understood as sdvoeating ths false
economy which is tn the end the worst ex-
travagance. TO cut down 90 The navy. fer
instance, would BE- a crime against the ma
ton. To fail TO push forward an aork on
ts Panama canal would be as great q folly
Currency.
The currency question IS dealt with
as follows:
Every consideration Of prudsnee demands
the addition Of the element Of elasticity 10
our currency system. The evil does not con
sist 10 IN adequate volu- e d money. but 10
the Figidlty Of this volume which does not
respond as u should 70 the Varytng needs q
communities aud % seasons. iunatiou must
Be avoided. but some provision should Be
made that vii insure q larger volume %
money during the fall aud winter uonths
than in the less active seasons 81 the year.
80 that the currency Wil contract against
speculation, and viii expand Tor The needs
Of legitimate business At present the Trsas.
try department 10 a. irTrgularly Tscut 1ng IN
tertals obliged. iB the Interest % the hus.-
ness world-that is Va the interests o. the
American puhlie-to Try 20 avert nnanciai
crises By proyiding q remedy wnirh should
BE- provided By Congressional action.
Federal Elections.
On the subject OF federal elections,
the President says:
"The power % she government 10 protect
The integrity % me elections 90 rs ouu o..
hfinlE is inherent ani has eeru recoEnited
sud amymsd ~ rgpeatsd aeciarauena . tAe
surrcms court There IS no epHtnY ot ffes
government moFs dangerous ard n1ne 90 ie-
deus o. thn corruption 81 the electorate
80 enc defends or ertusrs cosfupt o. aei
IL would asrm % falios that uaue Nvlld %.
pose vigorous measures 20 eradicate o.
rtgnumfud thc enactment - a Law Fnffga
against bribery ass corruption lu federal
eifcttaua The actsas y abch a laW may hs
safely lefi 90 the wise discretion 81 the c1ar
Ertas. tIt % should 90 az FAR as uudrf Hs
constitution N is pose pie @ 81, and sholle
include severe reuait'ea hgaiHst hAn eb1
gives W receives a Afbe Intended 90 isar.
rreH hs atf ~ opintoa ~ ~ rl.tur aaa
provisions for thr publication DOT o1y %
the expenditure tnf roWlpatana ahd eier'
I NanA q an rand tatra. but also % an con-
tributiors received sud expenditures made o
desirs 10 repeat thts recommendation Ir
political campa.gus tn a country na lHrE.
I aud popuiuus as ours ~ ts inevitable thl'
leEumats Kind. This. y course ne1ns thsI
I many reufFituti1ns. and some cf them o.
larre siae. must b. made. aud. ~ . matte
l trbusfona are alsAyz made 10 both shcs
] is entirely proper both 60 give aud freriFl
them. unleas thsre Is an Improper mquTi
tssy are srisrted ty ssy kind o. pTssssS
or promise. express or implied direct or in
direct. in the Wsy o. favor or imusanitY- tsei
the q Wig o. rpceleinE becemss BOT pHly tm
proper bus criminal it wln uHanubtcdiy b.
dimcult - q m.itcr u practical dstaa g
shape an act which shall suard Wfth reason
able certainty against such misconduct. bu
fm Is possible 10 secure BY iav ias fali an.
Z verified publication ~ detail 81 si the sum
d runfr hHfcf 20 and ahRrnaQd ~ ire rAnai
dates or committees q any POLITICAL pagtir
the result Tannot but - wholesome Al con
S7buuGna - corporations 90 any pqiitira
COMMITTEES 81 tor any pQiitlrnl pufpoan Shout
BE- fnEhidden - las directors should 20
BE- pRrmiurd "a use Htoskh0idsrH money q
such purposes epd moreover. q prahhiue
% this EiHd would BE-. as far - r sent, q
effective method ~ stepping rs evils simf
a. In corrupt praCticfa sets Not aHly Shout
both fhe %uhtinnai aud ne several state tsr'
iafHFea forbid any eNcrr ~ a rofr9ratin
from using the money % thf corporation !
o. shout auy ~sifttpH. but thFf should ais
forbid such use - niudrf in connections vi
any legislation save ~ The employment q
%eeausei ia patiie maaner for distinctly lea
services.
The position OF the United State
with regard 10 The Hague COME
once Is clearly shown. the desire
the United States for continuance ,
the worlds peace being made appa
ent and the necessity for strength I
maintain a righteous position insiste
upon
Celebrating on The many reasons 81
listing for. the maintenance Of Al
Monroe doctrine. the message poinI
out how the interests Of our southeI
neighbors are identihed with our ow