The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1907-12-06

r.nrf authorities Provision should De
made fHr uu emergency currency. Ane
emergency ifaIU should. OF ruufH7' w
made with tu effective guaranty, anu w
900 conditions carefully prescribed 10y wv
government. Such emergency issue muat
hH htg.I Hr adequate securities approved
hy thr. government md must De laApel
under b heavy tlN This would petmlt
currency u.Iur ISSUED when the demand
flT % was urgent while securing its r.
urUmDuf ua ihp demand ION on ~ h
worth investigating tu determine whether
officers and directors 81 national banks
should ever he allowed Co. loan TO hcn-
selves frost companies should Dc Huu'
Ig.t 20 the same supervision as banks
legislation tu this Dnect should be en-.
acted f0r the District Of Columbia anu
tle territories.
"yst ,e must also remember that cvcu
thr vIs.at legislation ON the subject can
uulv accomplish certain amount No
legislation can hy any possibility guar
1utrr thr business community against lhe
results of speculative folly any more thah
10 can guarantee am individual against the
results uf hIa DNtruy1saucc. When an IN
dltlduul mortgages hIa house TO buy an
automobile hr invites disaster. ana when
wealthy mon. ur MON who pose ne Huch'
or ARE uus iupuluualv or foolshly eager
! to become SUCH Indulge ln reckless spec
uIHtlunayap.pIull if 10 IL accompanied by
I own future but tNo future ~ an thcir I'M
naront fouoW-Cluzcns Tor they expose
| tho whole business community 20 panic
| and distress"
he advises against any general tariff
/ legislation this session Of congress, ana
/ says.
| In a country Of such phenomenal
/ growth nH ours u BE- probably well that
| every dozen years or 90 the tarin laws
/ should be carefully scrutlniEed no a. 20
ace that no excessive or improper benc-
I ntH are conferred thereby. that proper
| revenue IL provided, and that our
/ foreign trade L. encouraged. There
must always be as minimum
| "a tariff which will not only oil
| low for the collection " an ample rev.
rnuc but which viii at least make
/ good the difference M cost ~ production
hero and abroad. that o. the difference IN
| tho labor cost hero and abroad. for TIE
| woil.boing Of the wage. worker must ever
/ be- cardinal point Of American policy
Tho question should be- approached pure
| " from "a business standpoint; both the
/ time and the manner OF tho change being
such aa Co arouse the minimum Of aa-
tatlnn aud disturbance In the business
| world, aud tu give the least play for
/ selfish md nptonnl motives. The sole
| consideration should be- 10 neo that Tho
sum total ~ changes represent the pub
iIr good. This means that the subject
| cannot with wisdom hD dealt with In thc
/ year preceding u presidential election be-
/ cause uH u matter of fact experience has
conciusivoly shown that at such time
it is Impossible to got men 20 treat II from
tho standpoint of the public good In my
judgment the wise time 90 deaf with The
matter IL Immediately after such clec-
ton"
IIc asks Tor tho repeal OF tho tarln on
paper md wood pulp
Iic reviews ana cnlnrEpa upon his pro.
! vioua recommendations for Tho enact
mont Of federal inheritance and income
tax laws.
Attention f. called 10 the prosecution Of
wealthy offenders nFainst the national
laws. ana IN this connection be- asks that
the laws under which these prosecutions
are brought be strengthened and made
more definite
The Use and the
Abuse OF InIunctions.
Instances Of abuse IN the granting oI
iniunctionn In labor disputes continue Il
occur. aud the resentment IN the mind
OF those who feel that their riHhts ar
being invaded and their liberty ofsarftf
and OF speech unwnrrnntnbiy reHtraisI
continues TO grow Much OF the nhnA
on the use OF the process OF Injunction Il
wholly without warrant. hut I am GA.
strained TO express the belief that FOR
]
ton IN becoming more and more OF pnnc
importance, and unless tho courts will
themselves deal with 10 in effective man
nor, u IN certain ultimately 10 demand
some form of legislative action u would
b" most unfortunate Tor our social well
fare n we should permit many honest
ana lnw.uhdlng citizens 90 feel that
they had just cause for regarding our
courts with hostility ! earnestly come
mend TO the attention OF the congress
THIS matter 40 that some way may be-
devised which will limit the abuse of Inc
functions ana protect those rights which
. from time 10 time II unwnrrHntnhly in.
vhdoH. Moreover, discomfort ia often er-
. pressed with the use 81 the process u
/ INJUNCTION by the courts. not only ln la-
hpr disputes, but whore state laws arc
/ concerned, refrain from discussion of
THIS question as ! am Informed that IL
win soon receive tho consideration OF ho
. supreme court"
OF other legislation In tho intcrest Of
labor he fnvora federal inspection Of rail-
. roads; providing limited but definite com.
prnsation for accidents to an worlIucn
employed In any way By the government.
and says;
The eonsututlonnlty OF the employer
/ UnhlutN act passed by the preceding cHua
rrsss has been carried before tho courts
I ln two jurisdictions the law has been dee
/ rlnred unconstitutional, and IN three iurIf-
dlctluna itn CuuHtitutlonuhty has been NE
. hrWrl The question has been carried 90
wo supreme court the case has boon
heard by that tribunal. aud % decision H
expected nt AN early date In tho event
. mat ihy court should affirm the cousu
iuuounItN NJ the act. ! urge further lte.
lHlutiun along the lines advocated In uI.
/ WrHahH" Co thu preceding congress Tho
practice ~ putting the entire burden of
loss ~ llfr ur limb upon the victim pr
T. Ga 90 .U..H