The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1909-03-04

tries oy 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 Stare
or city, not under the control of the
Federal Government, the duty Of per
forming our International obligations I'm
this respect. By proper legislation We
NAV. and ought to, place IN The hands
of the Federal Executive the means of
enforcing the treaty rig,,ts Of such
aliens in the courts OF the Federal Gov
eminent.
II puts our Government in pusilIan-
imouS position to make definite en-
gagementS 10 protect aliens and then to
excuse the failure to peTfO"r. those en-
gaSements by an explanation that the
duty to keep them IS in States or cities
not within our control II we would
promise, we must put ourselves In a
position to perform our promise. We
cannot permit the possible failure OF
justice due to local prejudice in am
states or municipal government to ex-
pose US 20 the risk Of "A war whic
might be avoided If Federal surisdic-
ton was asserted by suitable legisla-
ton b., Congress and carried out nv
proper proceedings instituted nv the
Executive in the courts Of the National
Government.
CURRENCY-Must Be More Elastic.
One Of the reforms to be carried out
during the incoming Administration is
laws, so as 10 secure greater elasticity
in the forms of currency available for
trade. and to prevent the limitations
of 'ew from operating TO Increase the
el,ti i.rIaSsments of a financial panic
Tho monetary commission lately sp-
pointed Is giving fun consideration 10
existing conditions and TO all proposed
remedies, and viii doubtless SuggeS. one
that VIII meet the requirements of bust
ness and Of public interest We may
hope that the re port will embOdy neither
the narrow view Of those who believe
that the sole purpose Of the new sys-
TEN should be 10 secure A large return
on banking capital, or OF those who
would have greater expansion Of cur
renCy with little regard to provisions
Tor its immediate redemption or u:ti-
mate security There Is no subject OF
economic discussion so intricate and so
likely TO evoke differing views and dog
matte statements rs this one. The com
mission IN studying the general influ-
ence OF currency on business and of
business on currency, have wisely ex-
tended their Investigations IN European
banking and monetary methods The
information that they have derived from
SuCn experts as they have found abroad
viii undoubtedly be found helpful II. the
solution Of the difficult problem they
have i'm hand.
The incoming Congress should prompt
" fulfill the promise Of the RepIhIican
platform and pass a proper postal saw
ings bank bill. It will not be un-
wise or excessive pate1nalisn The
promise TO repay Oy the Government
viii furnish an Involvement TO savings
deposits which private enterprise can
not supply, and at such low rate Of
interest as not to withdraw custom from
existing banks. II Will substantially in
crease the funds available for invest
ment as capital in useful enterprises. 1t
VIII furnish the absolute security which
f4r. l-Gc q of
mont guaranty of deposits so alluring
without its PeIniciOus results
I sincerely hope that the incoming
Congress will be alive, as il should be,