Daily Arizona silver belt., 1909-03-05

or the cause of free institutions, and
 fear of additional taxation ought not
 to change a proper policy in this re- gard.
 The policy of the United States in
 the Spanish war and since, has given ] it position of influence among the na-
 tions that it never had before. and
 should be constantly exerted to secur-
 ing to it's bona fide citizens, whether
 native or naturalized, respect for them
 as such in foreign countries. We should
 make every effort to prevent humiliat-
 ing and degrading prohibition against
 any of our citizens wishing temporarily | to sojourn in foreign countries because
 of race or religion.
 Oriental Immigration.
 | The admission of Asiatic immigrants
 who can not be amalgamated with our
 population has been made the subject
 either of prohibitory clauses in our treaties and statutes, or of strict admin
 istrative regulation secured by diplo-
 matic negotiation. 1 sincerely hope that
 we may continue to minimize the evil s likely to arise from such immigration without unnecessary friction and by
 mutual concessions between self-respect- l ing governments. Meantime, we must | take every preeaution to prevent, or. failing that, to punish outbursts of race feeling among our people against for eigners of whatever nationality who
 have by our grant treaty right to pursue lawful business here and to obe protected against lawless assault or in jury.
 This leads me to point out serious defect in the present federal jurisdlc- tion which ought to be remedied at once. Having assured to other coun- 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 state or 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 the federal executive the means of enforcing the treaty rights of such aliens in the courts of the federal gov ernment. It puts our government in a pusillanimous position to make definite engagements to protect aliens and then to excuse the failure to perform those
 engagements by an explanation that the duty to keep them is in states or cities, not within our control. If we
 would promise, we must put ourselves in position to perform our promise
 We cannot permit the possible failure of justice due to local prejudice in any state or municipal government to ex. pose us to the risk of war which
 might be avoided if federal jurisdic- tion was asserted by suitable legislation by congress and carried out by proper proceedings instituted by the executive, in the courts of the national govern ! ment
 New Banking Laws.
 One of the reforms to be carried out during the incoming administration is a 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 remedies 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 mar, row view of those who believe that the sole purpose of the new system should
 be to secure large return on banking capital or of those who would have greater expansion of currency with lit
 tie regard to provisions for its imme
 diate redemption or ultimate security. There is no subject of economic discus, sion so intricate and so likely to evoke differing views and dogmatic state
 ments as this one. The commission is studying the general influence of cur | rency on business and of business on currency, have wisely extended their investigations in European banking and
 monetary methods. The information that they have derived from such ex.
 perts as they have found abroad will undoubtedly be found helpful in the solution of the difficult problem they have in hand.
 Postal Savings Banks.
 | The incoming congress should prompt | ly fulfill the promise of the republican platform and pass proper postal say | ings bank bill. It will not be unwise or excessive paternalism. The promise to repay by the government will fur
 nish an inducement to savings deposits
 which private enterprise cannot supply, and at such low rate of interest as not to withdraw custom from existing
 banks. It will substantially increase
 the funds available for investment as capital in useful enterprises. It will furnish the absolute security which
 makes the proposed scheme of govern
 ment guaranty of deposits so alluring
 without its pernicious results.
 I sincerely hope that the incoming congress will be alive, as it should be, to the importance of our foreign trade
 and of encouraging it in every way feasible. The possibility of increasing
 this trade in the Orient, in the Philip
 pines and in South America are known
 to everyone who has given the matter rattention. The direet effect of free
 trade between this country and the
 Philippines will be marked upon our sale of cottons, agricultural machinery and other manufactures. The necessity of the establishment of direct lines of steamers between North and South
 America has been brought to the at