Perth Amboy evening news. [volume] (Perth Amboy, N.J.) 1903-1959, 1907-12-03
PreSid'en nj Tells
Condition of
Country.
HIS POLICIES
When Congress Convened at Noon
Today the Message of The Presi-
dent Was Received Refers to
the Crisis and Suggests
Remedies Trust Laws
and Commerce.

Special By United Press Fire:
WASHINGTON, Dec. 3:-Nhile
the reserved galleries were not so
crowded today when the House OF
Representatives metas they were yer
terday, the public galleries were fillLs
ed with persons anxious to hear the
reading of the Presidents message.
Even more members of the House
were present than Yesterday
In the senate every memDe- heard
the reading of the minutes of the
opening day withoutth omission OF
word. Senator-elect Johnson. OF
Alabama, was then sworn in.
messenger from the House an
nounced the organization of that
body. Then Chairman Allison, OF
the committee appointed TO wait
upon the President reported the mis-
sion had been performed. Immedi-
ately thereafter Assistant Secretary
Latta. the Presidents messenger pre-
sented the message and a moment
later its reading was begun.
The president in his message to con.
gress says:
NO nation has ter sseS3sfsse< .siasssls-
ours, and ! think it can l,e trtfthfuilg
said that the citizens of no nation pos
sess greater energy and Industrial abil-
ity. In no nation are the fundamental
business conditions sounder than in
ours at this very moment and it is
foolish when such is the case for peo-
pie to hoard money instead of keeping
1t in sound banks, for it is such hoard
ing that is the immediate occasion OF
money stringeney.a Moreover, as u
rule, the business of our people is con-
Quoted with honesty and probity, and
this applies alike to farms and fac.
tories, to railroads and banks, to 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 commit
their misdeeds with impunity their
example is very evil thing for the
community. Where these men are
business men of great sagacity and of
temperament both unscrupulous aud
reckless. and where the conditions are
such that they act without supervision;
or control and at first without effectivs]
check from public opinion. they deIudeI
many innocent people into making in.I
vestments or embarking i'll kinds OF
business that are really unsound. WhenI
the misdeeds of these successfully dis1
honest men are discovered, sufferinaI
comes not only upon them. but upOn1
the innocent whom they have mlsled.
1t 3 painful awakening. whenever it
occurs, and naturally when it does ec-
cur those who suffer are apt 10 forget
more painful it would be. IN the effort
to punish the guilty it is both wise and
proper to endeavor so fas as possible
to minimize the distress of those WHO
have been misled by the guilty. Yet il
is not possible to refrain berause OF
such distress from striving to put an
end to the misdeeds that are the uitt-s
mate causes of the suffering and, as 4
means to this end, where possible to-
punish those responsible for them
There may be honest differences of
opinion as to many governmental po3i.~
cies. but surely there can be no such
differences as to the need of undinch-
successful dishonesty.
Continued on page 1.