The Farmville herald. [volume] (Farmville, Va.) 1890-1934, 1906-12-07

ther extension for good so long as II Is
kcDt 90 ITS own legitimate business.
Tho benefits 10 be derived by the as
sociation Of farmers for mutual adj
vantage are partly economic and part
ly sociological
IRRIGATION AND FOREST PRES
ERVATION.
Much is now being done Tor the /
states OF the Rocky mountains ana /
great plains through the development |
of the national policy Of irrigation and /
forest preservation No government
policy for the betterment Of our inter
NAL conditions has been more fruitful
Of good than this
DIVORCE LEGISLATION.
am well aware OF how difficult IL Is
70 pass constitutional amendment.
Nevertheless. 10 my Judgment the
whole question OF marriage and di-
vorce should be relegated 10 the au-
thorlty Of the national congress. The
change would be good from every
standpoint In particular 1T would ne
good because Il would confer on the
congress the power at once TO deal
radically and efficiently with polygamy
and this should be done whether or
NOT marriage and divorce are dealt
with. II is neither safe nor proper TO
leave the question OF polygamy to be
dealt with by the several states.
MERCHANT MARINE.
Let me once again call the attention
Of the congress 10 two subjects CON
cerulng which have frequently be-
fore communicated with them. One IS
the question Of developing American
shipping. / trust that a law embody-
ING i'm substance the views or major
nart OF the views expressed in the re-
mort on this subject laid before the
house AZ its last session will be passed.
II seems TO me that the proposed meas
ure is as nearly unobiectionable as any
can be-
THE CURRENCY.
I especially call your attention TO the
second subject, the condition OF our
currency laws. The national bank act
has ably served a great purpose In AID
ing the enormous business develop
ment OF the country, and within ten
wears there has been an increase IN
circulation per capita from S2l4l tC
S33.OS. For several years evidence mas
been accumulatng that additional leg
islation is needed. The recurrence o
each crop season emphasizes the de
fects Of the present laws. There mus
soon be n revision Of them. because
to leave them as they are means TO In
cur liability Of business disaster. sine
your body adjourned there has been
auctuaton I'm. the interest on cal
money from > per cent TO 30 per cent
and the fuctuation was even Create
r during the preceding six months. Ih
secretary Of the treasury had to ste
I'm and by wise action put a stop 10 IN
- most violent period OF oscillation.
{ do not press any especial plan. W
, rious plans have recently been pro
o posed by expert committees Of banl
p ers. Among the plans which are poss
b. blv feasible and which certainly shouI
- receive your consideration is that II
y pcatedly brought 10 your attention D
fine present secretary of the treasur
+ the essential features Of which nav
T. been approved by many prominei
]. bankers and business men. Accordln
@ 10 this plon. national banks should
.t normitted 10 issue a specified propo
4 tiou Of their capital In notes OF a give
y Kind the issue 10 be taxed at so his
D. a rate as 10 drive the notes back wh'
Il NOT wanted in legitimate trade I'D
d nlan would not permit the issue
currency to give banks additional pro
n IFS but 10 meet the emergency preser
Ie cd by times OF stringency.
ID do not say that this is the right sy
le tom. only advance it TO emphasi
III INV belief that there IS need for &
s.. odontion Of some system which sh'
'y he automatic aud open 10 all SOU
lg hanks so as TO avoid all possibility
o. discrimination and fsvorltism.
he The law should be amended so
IS specifically 10 provide that the fun
D. derived from customs duties may
" treated by the secretary Of the tire
'e ury as he treats funds obtained un'
'n the Internal revenue laws Ih'
'n should be a considerable increase
' bills OF small denominations. Perm
,'s sion should be given banks. if neces
'' ~ under settled restrictions. TO rel
their circulation TO a larger amo
u" than three millions a month
an OUR OUTLYING POSSESSIONS
a.. most earnestly hope that the bill
10 provide a lower tariff for or else all
lutte free trade IN Philippine produ
will become a law 40 harm will ca
5s 10 any American industry. and, wi
In there viii be some small but real m'
rial benefit 10 the Tilipnos, the M
lu- benefit will come by the showing m
10 MS TO our purpose 10 do an in our POI
''' for their welfare.
."" PORTO RICAN AFFAIRS.
W "' American citizenship should be
ferred on the citizens OF Porto K
-" The harbor Of San Juan, In Porto x
'", should be dredged And improved.
expenses Of the federal court Of n
Rico should DE met from the fed
i,o treasury.
HAWAI-
wv The needs Of Hawaii are pecu
Every aid should be given the isla
and our efforts should be unceasln
IVY ,,, develop them along the lines Of a
" mubity OF small freeholders, not
great planters with cody titled esti
a., ALASKA.
t,t Alaska's needs have been part
,ol met but there must be a complete
ort, organization Of the governmental
In. TEN. as have before indicated to
,sf I ask your especial attention 10