The Prescott daily news., 1909-03-04


 should make every effort to prevent humiliating and degrading prohibition against any of our citizens wishing temporarily to sojourn In foreign coun- tries because of race or religion.
 The Japanese Question.
 The admission of Asiatic immigrants who cannot be amalgamated with our population has been made the subject either of prohibitory clauses in our treaties and statutes or of strict od- ministrative regulation secured by din. iomatic negotiations. I sincerely hope that we may continue to minimize the evils likely to arise from such immi- grafton without unnecessary friction and by mutual concessions between self respecting governments. Mean- tune we must take every precaution to prevent or, failing that, to punish out bursts of race feeling among our peo- Die against foreigners of whatever na- tionality who have by our grant T treaty right to pursue lawful business here and to be protected against law. less assault or injury.
 rms leads me to point out a serious defect in the present federal iurisdic- ton which ought to be remedied at once. Having assured to other conn., tries by treaty the protection of our laws for such of their subjects or citi- zens as we permit to come within our Jurisdiction, we now leave to a state or a city not under the control of the federal government the duty of per forming our International obligations In this respect. By proper legislation we may and ought to place in the hands of ihe federal executive the means of enforcing the treaty rights of such aliens in the courts of the federal government. It puts our government in a pusillanimous position to make definite engagements to protect aliens and then to excuse the failure to per form those engagements by an expla- nation that tho duty to keep them is in states or cities not within our control. If we would promise, we must put ourselves in a position to perform our promise We cannot permit the possi- ble failure of justice due to local preju- dice in any state or municipal govern ment to expose us to the risk of war which might be avoided if federal jurisdiction was asserted by suitable legislation by congress and carried out by proper proceedings instituted by the executive fin the courts of the na- tional government.
 Monetary Laws Need Change.
 One of the reforms to be carried out during the incoming administration is q change of our monetary and banking laws so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the em barrassments of financial panic. The monetary commission lately appointed is giving full consideration to existing conditions and to all proposed reme dies and will doubtless suggest one that will meet the requirements of business and of public interest. We may hope that the report will embody neither the narrow view of those who believe that the sole purpose of the new system should be to secure large return on banking capital nor of those who would have greater expansion of currency with little regard to provisions for Its immediate redemption or ultimate se- curity There is no subject of econom- ic discussion so intricate and so likely to evoke differing views and dogmatic statements as this one. The commis- sion in studying the general influence of currency on business and of busi- ness on currency have wisely extend ed their investigations in European banking and monetary methods. The information that they have derived from such experts as they have found abroad will undoubtedly be found helpful in the solution of the difficult problem they have in hand.
 Favors Postal Savings Banks.
 The incoming congress should ! promptly fulfill the promise of the Re publican platform and pass q proper postal savings bank bill. It will not be unwise or excessive paternalism. The promise to repay by the govern ment will furnish an inducement to savings deposits which private enter prise cannot supply and at such q low rate of interest as not to withdraw custom from existing banks. It will substantially increase the funds avail able for investment as capital in use ful enterprises. It will furnish the absolute security which makes the proposed scheme of government guar anty of deposits so alluring without ;ts ,,ornfrinus raSlIltS