The Montgomery advertiser., 1907-12-04

washinrton. Dec. s.--.Ths message of p~a.,dant Rooseyelt was sent to both
 branches of Congress today. It was In , To To the senate and House of Represents.
 Nonstion snssn has greater resources than onrs and | think 1t can be truthfully satd That the citizens or no nation pos sass greater energy and industrtal abll- itv in no nation are the funoamenlai business conditions sounaer .tnen in fooiish. when sucf is the case. Tor peo- nie to hoard money instead or Keep in@ 1t in sound banks; for It IS sucn hoarding that is the immeoiate occa- sion of money stringency. Moreover. as a rule, the business of our people is conducted with honesty and pfobity' and this applies alike to farms ana lac, tories. to railroads and banks, 70 all our legitimate commercial enterprises.
 In any large body of men, however, there are certain to be some who are dishonest, and if the conditions are such that these men prosper or cSm- init their misdeeds with impunity, tneir example is a very evil thing Tor the commuity. Where these men are pus mess men of great sagacity ano oi temperament both unscrupuious anu reckless. and where the conditions are ;, such that they act without supervision or control and at first without enect- i've check from public opinion, they delude many innocent people lnto nn. mn ing investments or emparkfng in kinos of business that are really unsound
 When the misdeeds of these success
 fully dishonest men, are discovereu, SUI fertng comes not only upon them, put % Whenever 1t occurs; and, naturally. when 1t does occur those who suneS are apt to forget that the longer !. was ar . the effort to punish the guilty It IS potn wise and proper to endeavor so lar as possible to minimize the distress oI those who have been missed py rns guilty. Yet it is not possible 10 re- frain because of such distress from striving to. put an end to the misdeeds that are the ultimate causes oI tnc where possible to punish those respon- sible for them. There may pc nonSse differences of opinion as to many gov ernmental poLcieS but surely tnere need of unfinching perseverance In the war against successful dishonesty.
 In my message to the Congress on December 5. 1905, I said: well being, then those who are inno. cent of the folly will have to pay part of the penalty incurred by those who are guilty of the folly. 4 panic nroasnt the business community would hurt the whole business community: out such Stoppage Of welfare, thOukn IL might be severe. would not be lasting In the long run, the one vital factor in the permanent prosperity of the country is the high individual charac- ter of the average American worker, the average American citizen, no mat ter whether his work be mental or manual whether he be farmer or wage-worker, business man or profes,
 Tn our industrial and social system the interests of all men are so closely intertwined that in the immense ma- jority of cases a straight-dealing man, who by his efficiency. by his ingenuity and industry, benefits himself, must also benefit others. Normally, the man of great productive capacity who be- comes rich by guiding the labor of many other men does so by enabling them to produce more than they could produce without his guidance; and both he and they share in the benefiit. large. The superficial fact that the sharing may be unequal must never blind us to the underlying fact that there is this sharing, and that the ben- eft comes in some degree to each man concerned. Normally, the wage-work- CT. the man of small means. and the average consumer, as well as the av- erage producer. are all alikafhelped by making conditions such th3 the man of exceptional business ability receives an exceptional reward for his ability. Something can ~be done by legislation to help the general prosperity: but nc such help of a permanently beneficial character can be given to the less able and less fortunate save as the results of a policy which#sha inure to the advantage of all hhdustrious ~and effi-