Rosebud County news. [volume] (Forsyth, Mont.) 1901-1906, 1905-12-14
PRESIDENTS MESSAGE
Government Regulation of Railroad
Rates Is Strongly Urged-lnsur-
ance Legislation Needed.

tiate or or originate rates generally,
but to regulate rate already fixed or
originated by the roads, upon COM
plant and after investigation. A heavy
penalty should be enacted from any
corporation which fails to respect an
order of the commission. l regard this
power to establish maximum rate as
being essential to any scheme of real
reform in the matter of railroad regu-
lation."
II ask this legislation not only in
the interest of the public, but in the
interest of the honest railroad man
and the honest shipper alike, for it is
they who are chiefly jeopardized by
the practices of their dishonest COM
petitors."
Labor.
The president devotes considerable
space to the discussion of labor prob
lens. Regarding the demand for de-
priving courts of the power to issue
injunctions in labor disputes, he says:
"Such special limitation of the equity
powers of our courts would be most
unwise." The presidents remedy is
to regulate the procedure by requiring
the judge to give due notice to the
adverse parties before granting the
writ, the hearing to be ex-parte if the
adverse party does not appear at the
time and place ordered. He renews
recommendations made in his last
message for an investigation by the
department Of commerce and labor
of general labor conditions.
Insurance.
Recent events have emphasized the
importance Of an early and exhaustive
consideration of this question, as to
whether it Is not possible to furnish
better safeguards than the several
against corruption OF. the fragrant kind
which has been exposed. 1t has been
! only too clearly shown that certain of
! the men at the head of these large
corporations take but small note Of
| the ethical distinction between hon
esty and dishonesty; they draw the
| line only this side of what may be
called law-honesty, the kind of hon
esty necessary to avoid falling into
the clutches OF the law. There is
need of a far stricter and more uni
form regulation of the vast insurance
interests of this country. That state
supervision has proved inadequate is
generally conceded" The president
concludes this subject by urging con
gress to carefully consider whether
adequate legislation can be had.
The Revenues.
There is more need of stabilit,
than of the attempt to attain an idea
perfection in the methods of raising
revenue; and the shock and strain tt
the business world certain to attent
any serious change in these method
render such change inadvisable IN
less for grave reason In time O
peace the revenue must on the avel
age, taking a series of years together
equal the expenditures or else the rev
enues must be increased. Last yea
there was a deficit. Unless our e,
penditures can be kept within the re,
enues then our revenue laws must b
readjusted.
The Currency.
The president points out the nee
Of the addition of the element of ela
" ITCHY to our currency, SO that the GU
renCy will contract against specul;
ton, and will expand for the need
of legitimate business.
Reforms in Methods.
Congress is urged to consider tn
question of necessary reforms in tn
business methods of the various d
partments of the government, so as I
promote the economy, efficiency an
high character of government work.
The president repeats former re
concentrations for the enactment of
L law directed against bribery and CO
ruption in federal elections.
: Hague Conference.
Congress is urged to do all in i
! power to further the movement fl
another Hague conference and
: make the result of it's decisions effe
, tive. The president hopes that Il
, conference may be able to devil
a some way to make arbitration betwe,
nations the customary way Of settlil
d international disputes.
1 Army and Navy.
II The importance of providing by g
= preparation provision for maneuvers
o practical kind to increase the e.
y cheney of the army is earnest
L recommended. Increase in the Goa
II artillery force is also recommended.
y or the navy the president say
It 1--WE have most wisely continued for
1t number of years to build up our ma,
% and 1T has now reached fairly hi
A. standard of efficiency. This standa