The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1907-12-06
PRINCIPAL POINTS Of
PRESIDENTS MESSAGE,

sources OF the country by criminal
methods it is inevitable that the in.
nocent must suffer some share of the
penalty that the guilty finally pay in
such panics as that just passed.
There should be an extension OF
Federal activity to check the methods
OF the dishonest men who cause these
disturbances. No more Federal au-
thorlty is needed. enough exists in the
Constitution and the laws.
The antitrust law should be modified
to compel the full publication of cor
porate accounts: to prohibit selling
under cost as means of cripplirg
competition; to prevent the imitation
OF values in the watering of stock. and
to stop the hampering of competition
by contracts providing for exclusive
trade.
There is no adequate protection
against wildcat recklessness in specu-
lation and manipulation. But greater
elasticity of currency should be pro-
vided.
A graded income tax should be
sought by Congress Notwithstanding
that other efforts In the same direction
have failed in the Supreme Court
An inheritance tax is better means
of reducing unhealthy swollen for
tunes. This should take into consid.
Grafton the size of the bequest, the
distance of the relationship or other
connection under which it is made.
whether or not beneficiary is a citizen
or foreigner.
Sentimentality and technicalitv are
the two bars to the proper enforcement
OF sanitary laws for the correction of
economic and industrial evils.
The abuse OF judicial power OF in.
junction should be re. iewed by the !
national law-making body
Railroads, killing thousands of
victims every year. should be subject
to the same supervision as steam
boats. This should come into effect
gradually.
The liability for industrial accidents
should fall upon employers, by whom
1t will ultimatly be distributed to the
whole community. where it belongs.
AS the community receives the benefits
OF industry, it should also share its
burdens.
A general working day of eight
hours is not advisable. Strong laws
should be enacted prohibiting child
labor.
A board of compulsory arbitration
should be appointed to deal with strike
situations such as occurred durin e
the recent telegraph affair. 4
Crime is crime. The frenzied finan- ,
;iers who have exploited our indus
rial securities to their advantage,
and to the ruination of thousands, are
worse crimials than forgers and en- I
'ezzlers. The government should G
AXE measures to deal with such finan- 8
'ial situations as that just passed.
The deep waterway movement must
'e fathered, particularly that for the !
of the Mississippi river {
lad the building of levees on its low. \
r courses.
Postmaster General Myers sugges-
ion for q National Postal Bank is
resented with approval. .
In order to avoid the solicitation of
,oney for campaign purposes from
Congress shonld appro-
riate q certain specific SUN to be used Z
q this way.
The number of deaths in Industrial
ursuits is greater than those incurred o
war. Accident liability should be-
laced upon employers and through
lem upon the whole public.
He wants q hgger army. with more .
ay for both officers and men, four 7
ore warship this year, and more next a.
lth more money for the navy. n
Our foreign policy The President ~
ssignates as "neighborly," neither :,
wing nor taking offense. a
We should admit all Chinese stud n
It's, he believes VI