The Washington herald., 1907-12-04
SUMMARY OF THE PRESIDENTS MESSAGE

FtNANCEn the fundamental conditions
can m ours at this very moment and It foolish when such IS the
for is such boarding that the immediate occasion of money
"We need greater elasticity currency Provision should
be made for effective The emergency should be
government and nde Sqa heaay tax S'" '0''' Su 0 inc
Trust companies should be subject supervision
against n 59s results & oy than
governmental policies but surely there be such differences
the need OF unncg the against
Modern conditions combination only
SaTy but inevitable Ii idle TO desire end
all corporations all big combinations of capital desire
Corporation and labor TN aike hay come to stay
Most certainly there will be relaxation by the government authorities
clever adng devices ro5s workers and
Tocon the government power would
check upon eroapaon and the clever gamblers who benefit
ANTITRUST LAW"The antitrust should be to forbid
only the 6nd OF combination which does harm to the general public
@ affecting the public and complete protection to the investing pub
FEDERAL CoNTROLony the National Government
that there should be "a anV % exenon of Fdal @ bo @ @ for % b
authority already exists under the Constitution in ample and
Of Federal activity ~ ''" '""' D' ODl' D ~ 'N'''''''
The most connection railroads to these
act or law licensing railway companies 70 engage IN interstate COM
corporations will recognize
RATE REGULATION-~Whle just reasonable
regulation Of rates should be the first protest against
fullest and careful consideration of all
Of the acutal needs Of the situation
4RlfY IND N.fVY-As horghed in
providing for the efficiency of the army Of peace
in judgment should this provide for four battle ships
Until hattie fleet much than should
split into dGacme9 far that they could Of
emergency, be speedily united
"Parryng yet only BY hitting
and aggressive seagong alone do this hard hitting OF
the offensive type
T4IFFThe principal present could
be changed but probably well that dozen the
tariff laws should be closely scutnzed The should be
approached from purely business standpoint This
that the subject with wisdom be dealt with year pre-
seeding Presidential eiecion
INLAND U4TER AYSFrom the Of
Mississippi there should be deep with deep
leading from II TO the east and west
INCOME 4ND INHERITANCE TAXA graduated
proper type would be desirable feature OF Federal The
and far the OF having the fortunes Of
the bear their correspond
and burden OF taxation
IJUNCTIONSuch Of the attack this OF the process
wholly without but constrained express
belief that Of
welfare
many honest and aw-abdns feel that they have just
for regarding with hostility.
EMPLOYERS LI4BfLITYCOngss should adopt legislation
vidng limited but definite compensation accidents
within the of the Federal power $
When the employer motion which risks
voved for negligence generally inadequate remedy for
the person injured
CHILD L4BORt idle hold that without good
child labor the overworng the failure
employees from loss Of life limb be effectively
CAMPAIGN FUNDS"The collecting campaign funds
would vanish If Congress provided
and legitimate expense OF each Of the great parties