The state herald., 1908-03-27
PRESIDENTS
PROGRAMME
sPEclAL MESSAGE WILL URGE
MEASURES OF GREAT
IMPORTANCE.
FOR TARIFF REVISION
INCLUDES ANTITRUST, INJuNc-
TiON, EMPLOYERS LlABlL-
lTY AND FINANCE.

Washington. - President Roosevelt
has determined upon legislative pro-
gram, the enactment OF which will be
urged upon Congress in special mes
sage which he said will go in this
week. Each of the measures to be
proposed involves perplexing Difficult
ties. and each will have far.reaching
effect on the business and economic
conditions of the country.
The program includes:
A declaration in favor OF revision
Of the tariff in a special session to
be held after March 4, 1909.
An amendment to the Sherman
tant concessions to combinations of
both labor and capital.
Limiting the powers of certain
labor disputes.
Passage of an employers liability
bill.
Passage of the Aldrich financial
bill.
The support of the business and H.
nancial interests of the Middle West
program following an extended confer
ence held at the White House.
At the conclusion Of the conference,
the following statement was made pub
lie by Secretary Loeb:
AT conference with the President
held at the White House last evening
with the following representatives OF
commercial bodies of the Middle West:
.ah IInn hns
dent Chicago Association OF Com
.merce; ]. V. Farwell. Jr., member of
the Chicago Association of Commerce:
Charles H. Wacker. member of Chi
cago Association of Commerce; James
II. Smith. president st. Louis Business
Mems League: Festus ]. Wade. of exc
cutive committee st. Louis Business
Mems League: II. II. Topping, presi
dent OF the Kansas City Commercial
club: L. NJ. Clendenning, secretary OF
Kansas City Commercial club. the fol
lowing address was presented to the
President and there was full expires
sion of views both on the part Of the
President and the committee:
"'Mr. President-Tho organizations
We represent have membership OF
about 1900 business men, corporations
firms and individuals. engaged In the
development OF the agricultural re
sources md the manufacturing. com
mercial and financial interests of the
Middte West. In the pursuit OF our
various lines Of business we come in
contact with almost every portion Of
the country. but especially OF the Mis-
sissippl valley.
We never were In n more prosper.
Gus condition than prior TO the panic
of last fall. Our labor was all eni.
ployed. our capital proftably Invested.
In a short period these conditions have
changed. Certain lines Of business are
almost stagnant, brought about By the
fear OF the people ms To the stability
Of some OF our institutions. Money
has been boarded instead of flowing
into the ordinary channels of invest
ment. securities and the various com
merciai interests.
1.-TWO primary causes are respon
sible FOR this condition. First. the
gross violation OF law by some cor
porations and grating by some pub.
lie officials. and. secondly, deficient
currency system, wholly incapable OF
responding to needs OF commerce when
fenr and uncertainty are cngendered
into tho minds Of the masses"
Tho statement then cites the insur-
ance fraud exposures. tho San Fran.
cisco earthquake and firo. followed by
graft exposures. and tho corrupt mRnip.
ulation OF the assets OF the great rail.
roads. II goes on TO say:
''Ta you. Mr.. President. We accord
the credit due for compelling re.
spoct for the law by the great and tho
small alike.
1--WE believe that your work toward
business morality will be remembered
as n milestone not only In the doyol.
opment OF this country'a business
morals. but ms milestone In III. prog.
resn OF the world.
mo great good has ever been &C,
eompllahcd In any times without some
suffering In consequence. but we now
urge you TO consider with extreme pa.
thence tho unusual conditions that pre-
vail and. while abandoning no eS'
pressed principle. 10 adjust your exc
cutiyo actions 10 tho requirements ~
this period OF business timidity.
1--WE ask. you. Mr., President. 10 In
dicnto 20 the Congress the corrective
measures you deem II necessary TO
take. We believe that the flrst step
toward resumption of normal business
conditions can ba taken By the Con
sreas In response 20 explicit recon-