Custer County Republican. (Broken Bow, Neb.) 1882-1921, 1905-12-14

additionally be extended to cover Interstate
transactions In Insurance" Recent events
and exhaustive consideration OF this ques-
ton to sec whether II is not possible to fur
nish better safeguards than the several
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
| the attempt TO attain an ideal perfection in
| the methods OF raising revenue; and the
J shock and strain to the business world GER
I tain to attend any serious change In these
| methods render such change inadvlsabe un-
' less Tor grave reason. IL Is not possible to
I lay down any general rule by which to de-
, tcrmine the moment when the reasons for
| Will outweigh the reasons against such a
cnange. Much must depend, not merely on
| the needs, but on the desires, OF the people
| as whole for needs and desires are not nee
| essarlly Identical or course no change can
be made on lines beneficial to, or desired
| by. one section OF one state only There must
| be something like a 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
sincere, Intelligent, and disuterested effort
| to make 1t in such shape as will combine, so
| far as possible the maximum OF good to The
| people at large with the minimum OF neces.
sary disregard for the special interests OF
| localities or classes. But in time OF peace
| the revenue must on the average, taking
| series OF years together equal the expendl-
| lures else the revenues must be increased.
| Last year there 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 a readjustment should take,
| for II is as yet too early to say whether
y Ws BE need for not It hGTd be
I tariff laws should provide for applying as
! against or In favor Of any other nation maxi
mum and minimum tariff rates established by
| the Congress, so as to secure a certain reci-
| procity Of treatment between other nations
and ourselves Having in view even larger
purely economic nature, it 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 yt that Russia now
treats us on the most-favored nation basis.
Economy in Expenditures.
The necessity for economy and a
rigid scrutiny of approx atoms is
made manifest, with this proviso:
Yet. In speaking of economy, must in no
wise be understood as advocating the false
| travagance. To cut down on the navy. for
instance. would be a crime against the ma
| ton. To fail to push forward all work on
tie Panama canal would be as great a 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 not con-
| sist in adequate volu. OF money, but in
respond as It should to the varying needs Of
| communities and Of seasons. Imitation must
be avoided; but some provision should be
made that will insure a larger volume OF
money during the fall and winter months
than in the less active seasons of the year;
so that the currency will contract against
speculation, and will expand for the needs
OF legitimate business. At present the Treas.
ury department is at rregularly recul ring in
ness word-that is, in the interests of the
American public-to try to avert financial
crises by providing a 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 elections OF its own Of
| hcials is inherent and has been recognized
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
II 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 II should go as far as under the
, constitution it is possible to go, and should
, include severe penalties against him who
gives or receives a bride intended to inRu-
? ence his act or opinion as an elector; and
provisions for the publication not only oil
, the expenditures for nominations and cleo
/ tons OF all candidates, but also of all CON
! tributions received and expenditures made by
political committees
desire to repeat this recommendation. II
! political campaigns in a country as large
4 and populous as ours 1t Is inevitable tina
legitimate kind This. Of course, means tina
, many contributions, and some OF them o
\ large size, must be made. and, as matter
= of fact, in any big political contest such con
, tributlons are always made to both sides. l
+ | is entirely proper both to give and recelv
e them, unless there is an improper motiy
q | they extorted by any kind OF pressur
n or PROMISE express or implied direct or In
u direct, in the way Of favor or immunity, thel
the giving or receiving becomes not only i'm
Q proper but criminal. 1t will undoubtedly b
a difficult as matter OF practical detail I
. able certainty against such misconduct, bu
n il 1t is possible to secure by law the full an
D verified publication In detail OF all the sum
Il dates or committees or any political partie
g the result cannot but be wholesome All con
70 tributons by corporations to any poiitici
" committee or for any political purpose shout
Il be forbidden by law; directors should nc
Il be permitted to use stockholders money &c
J, of this kind would be, as far as 1t went, a
q effective method OF stopping the evils Anne
. at In corrupt practices acts. Not only Shout
. both the national and the several state legl'
y | latures forbid any officer OF a corporato
"a from using the money OF the corporation
n or about any election, but they should al:
- forbid such use OF money in connections wit
,, any legislation save by the employment
II counsel In public manner for distinctly leg
"a services.
is The position of the United State
u with regard to The Hague COME
d ence is clearly shown. the desire
a, the United States for continuance
ls the worlds peace being made appa
=, ent and the necessity for strength
n maintain a righteous position insiste
is upon.
err Celebrating on the many reasons e
IN listing for the maintenance OF II
DO Monroe doctrine. the message poin
e. out how the interests of our southel
err neighbors are identified with our oV