Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1909-03-11

enterprise, and should be paid for By
the proceeds Of bonds, the issue OF
will distribute its cost between
the present and future generations in
accordance with the benefits derived.
It may well be submitted to the seri-
Gus consideration of congress whether
the deepening and control Of the chan
mel of a great river system, like that
of the Ohio or Of the Mississippi, when
definite and practical plans for the
enterprise have been approved and
determined upon, should not be pro-
vided for in the same way.
For Army and Navy.
Then, too, there are expenditures
OF government absolutely necessary If
our country is to maintain its proper
place among the nations of the world,
and is to exercise its proper influence
In defense of its own trade interests,
in the maintenance Of traditional
American policy against the colonial
ton of European monarchies in this
hemisphere, and in the promotion OF
peace and international morality. I
refer to the cost of maintaining q
proper army, a proper navy and suit
able Notifications upon the mainland
of the United States and in its depend
encies.
We should have an army so organ
ized, and so differed, as to be capable
in time of emergency in cooperation
with the national militia, and under
the provisions of a proper national
volunteer law, rapidly to expand into
a force sufficient to resist all probable
invasion from abroad and to furnish
a respectable expeditionary force, If
necessary, in the maintenance Of our
traditional American policy which
bears the name of President Monroe.
Our Notifications are yet in a state
Of only partial completeness and the
number of men to man them is INSULT
cient. What has been said Of the army
may be affirmed in even a more en-
phatic way Of the navy. A modern
navy cannot be i~mprovisesd. 1t must
be built and in existence when the
emergency arises which calls for its
use and operation.
AsiatIc immigration.
The admission of Asiatic immi-
| grants who cannot be amalgamated
with our population has been made
the subject either of prohibitory
clauses in our treaties and statutes
or Of strict administrative regulation
secured by diplomatic negotiation. ]
sincerely hope that we may continue
to minimize the evils likely to arise
from such immigration without un
necessary friction and by mutual con
cessions between self-respecting gov
ernments. Meantime, we must take
every precaution to prevent, or, fail
ing that, to punish outbursts of race
feeling among our people against for
eigners of whatever nationality who
have by our grant a treaty right tt
pursue lawful business here and to bt
protected against lawless assault o.
injury.
This leads me to point out a serious
defect in the present federal jurisdic
ton which ought to be remedied a
once. Having assured to other courI
tries by treaty the protection of on
laws for such of their subjects o
citizens as we permit to come within
our jurisdiction, we 10Y leave to
state or a city, not undeg the contro
Of the federal government, a duty o
performing our international obkga
lions in this respe9,. By proper legiS
lation we may, and ought to, place ii
the hands of the federal executive tn
means Of enforcing the treaty right
of such aliens in the courts of the fec
eral government. 1t puts our govern
ment In a pusillanimous position t
make definite engagements to protec
aliens and then to excuse the failur
to perform those engagements by a
explanation that the duty to kee
them is in states or cities, not with
our control.
Monetary Laws Need Change.
One Of the reforms to be carrie
out during the incoming ADMINISTERS
ton is q change of our monetary an
banking laws, so as to secure create
elasticity in the forms Of currenc
available for trade, and to prevent til
limitations Of law from operating I
increase the embarrassments Of
financial panic. The monetary con
mission lately appointed is giving fu
} consideration to existing condition
and to all proposed remedies, and wi
} doubtless suggest one that will me-
! the requirements Of business and {
: public interest. We may hope tn;
the report will embody neither the ma
row view of those who believe that tt
, sole purpose Of the new system shoul
: be to secure a large return on ban.
ing capital or of those who won,
have greater expansion of current
with little regard to provisions for |
immediate redemption or ultimate S
curity. There is no subject of &c
nomic discussion SO intricate and
likely to evoke different views al
r dogmatic statements as this one. tt
: commission in studying the general i
= fluence Of currency on business al
: Of business on currency, have wise
r extended their investigation in Eur
t pean banking and monetary method
I The incoming congress shou
Q promptly fulfill the promise Of the r
publican platform and pass a prop
Q postal savings bank bill. 1t will n
Q be unwise or excessive paternalisl
The promise to repay by the COVER
I ment will furnish an inducement
alls is rushed on board and trouble |