The Bon Homme County independent. [volume] (Tabor, S.D.) 1904-1913, 1909-12-09

very much doubt. however. Che wisdom
subsidy and requires additional taxation
Postal Savings Banks.
The second subject Worthy of mention
in the post office department is the real
nsSHsI'hy a postal en SAVINGS Sari ben P,,it Th ef sues ss-
cessful party/at the last election declared
IN favor Of postal savings banks. and
ni,tn mssY tn the proposition r, PSI finds opponents ent
yinced that the people desire such banks.
n am sure that when the banks are
aGrn,sae soo saeS r Tai postal ss Df0a saSinSs 81 BANKS shs
creating competition with other banks.
which 'd they " would ,hitef be- iim nRed % SepHi't Be so 80
small as to prevent their drawing depos-
Its away from other banks.
der to offer t a prop so IN neegSsafy 70 q thrift 4ft
small means Who DO not now have bank
tes i Wou;d off ard an to o whom such ,o a s ins
accumulation of capital. They will fur
nish a satisfactory substitute. based on
trial ia nearly ali the H countrl es'e Of the
world. for the. system Of government
guaranty Of deposits now being. adopted
Difference to those who advocate il seems
70 me to have In 1t the seeds Of demorali-
zation to conservative banking and GER
talN III ulSdSIeT,
The question Of how the money depos-
ited IN postal savings banks shall be in
vested L. not free from difficulty. but I
t peLey nr mat a satisfactory provision for
ment to the bill considered by the senate
at It's last session. 1t has been proposed
to delay the consideration of legislation
establishing a postal savings bank until
after the report Of the monetary commits
sion This report Is likely to be delayed.
for e%aGesfuify deiiS Sscaaoe Of and tae alese IL.
one Should be tied up nS' with ids the Sny oth Sne
ce rs ss Inaerst s that the monetary
systems OF banking which now prevail
abroad, and rave found that by a control
there exercised in respect to reserves and
the rates OF exchange by some central au-
thority panics are avoided. 1t is not ap-
parent that a system of postal savings
banks would in any way interfere with
lly In most of the countries in Europe
where control is thus exercised by a GEN.
trial authority, postal savings banks exist
and are not thought to be inconsistent
with a proper financial and banking sys.
tenn.
Al Ship Subsidy.
Following the course Of my distin-
gmissed u predecessor reas,s ! earnestly recon- onS
passage of a ship subsidy bin, looking to
the establishment of lines between our
Atlantic seaboard and the eastern coast
VI 90 Z as iiiiSo "
the west coast of the United States to
South America. China. Japan. and the
Philippines. The profits on foreign malls
are perhaps a sufficient measure of the
expenditures which might first be tenta-
lively applied to this method Of inducing
American capital to undertake the estab-
ilshmment Of american lines OF steamships an lips
1t most important hat we should have
means of transportation controlled In he
interest OF the expansion of our trade;
"A hill. no fhto b n nnna na2GQn
the House and more than once passed the
Senate, and / hope that at this session a
bill framed on the same lines and with
the same purposes may become a law.
New Mexico and Arizona.
The successful party in the last election
OF the admission as separate states of New
Mexico and Arizona, and / recommend
that legislation appropriate to this end be
exercised in the preparation of the legisla-
ton affecting each territory to secure de-
liberation in the selection OF persons as
members Of the convention to draft a con-
stitution for the incoming state. and I
earnestly advise that such constitution
after adoption by the convention shall be
submitted to the people Of the territory
the sole issue shall be the merits Of the
proposed constitution, and IL the consti-
tuition Is defeated by popular vote means
new convention and the drafting of a new
constitution. l think 1t vital that the is
sue as to the merits Of the constitution
should not be mixed up with the selection
of state officers, and that no election of
state officers should be had until after
the constitution has been fully approved
and finally settled upon.
Conservation of Resources.
In several departments there is presented
the necessity for legislation looking to the
further conservation Of our national re-
sources, and the subject Is one of such
Importance as to require a more detailed
and extended discussion than can be en-
that reason I shall take an early opportu-
nifty IT, send a special message to congress
on the subject Of the Improvement of our
waterways, upon the and lrrl-
lands; upon the preservation of our for
ests and the reforesting of suitable areas;
upon the reclassification of the public do
main with a view Of separating from agri-
cultural settlement mineral, coal and
phosphate lands and sites belonging to the
government bordering on streams suitable
for the utilization of water power.
Consolidation of Bureaus.
1 request congressional authority to en-
Dor to unite the bureaus Of manufac-
lures and statistics. This was recon-
mended by a competent committee ap-
for the purpose of suggesting changes in
the interest of econom and efficiency,
and Is requested by the secretary.
White Slave Trade.
greatly regret to nave to say that
the Investigations made in the bureau Of
immigration and other sources of infor-
nation lead to the view that there Is
urgent necessity for additional legislation
and greater executive activity to sup-
press the recruiting Of the ranks of pros
flutes from the streams Of immigration
into this country-an evil which, for want
Of a better name. has been called 1.-The
white slave trade" I believe Ii to be
constitutional to forbid. under penalty.
! the transportation OF persons for
purposes Of prostitution across national
and state lines; and by appropriating a
fund of $4,000 to be used by. the secre-
| pIoyment of special inspectors 1t will be
POSSIBLE to bring those responsible for
4 this trade to Indictment and conviction
4 under a federal law
I have thus, in a message compressed
as much as the subjects will permit, re-
ferred to many of the legislative needs
of the country, with the exceptions al
ready noted. Speaking generally, the
country Is in a high state of prosperity.
! There Is every reason to believe that we
are on the eve Of q substantial business
expansion, and we ave just garnered a
harvest unexampled in the market value
of our agricultural products. The high
prices which such products bring mean
great prosperity for the farming COM
munity, but on the other hand they
mean a very considerably increased bur-
den upon those classes in the community
pand with the improvements in business
and the general nrnSDaritN Various rao-