The Vinita daily chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1902-1913, 1909-12-14
Secretary of Commerce
and Labor Makes Report

the United States. It was still con
Itinuing its Investigations Of the to-
bacco industry; the operation OF cot
ton exchanges and state systems of
corporate taxation.
On the subject of government con
troll Of the financial and Industrial
forces, Secretary Nagel says some
terse things and makes some impor-
tant recommendations. The prime
need OF two things is emphasized.
First, relIs0le information upon which
the government may take legislative
and administrative action and second,
reliable information in a concise and
available form to serve for the basis
of public opinion The first step to
be taken he says is an advance to-
ward complete system for obtaining
and making public this information
The bureau of corporations has de-
monstrated the value of this beyond |
doubt, in the limited way which its
force and money available would al
low
But Secretary Nagel believes the
time has come for a far wider and
more complete application of those
principles This, the secretary rec
can be accomplished only
by definite federal system Of statu-
II
tory publicity. by which all important {,
engaged in Interstate !
will be obliged to report at
stated intervals to federal agency,
such as the bureau Of corporations,
he essential facts regarding their or b
,anization, management and condition. !
This, the secretary believes. will ae- :,
for the whole country what !,
he bureau of corporations has been do p
ng in specific cases. u
This work must be carried on by the I,
ederal government, the secretary be- W
ewes, because it is the only agency al
lhich has jurisdiction commensurate Ih.
18th the matter it has to consider and Z,
-hich can prescribe uniform condi- 81
ons for the entire country. al
ANY attempt to solve the question in
trough state action, has been and oil
ecessarily win be futile" says the re- 81
ort mo considerable number of fe
tate can ever agree on establishing is
r maintaining any one system. No Ipr
ate alone can make Its system effec-
We In financial and commercial con- ag
Itions the country has become ma ed
onalized. Its legal regulation should do
so be national" re
An outline of the system the secre- M
Try recommends, would compel reg w
lar reports from all interstate com cii
Ierce corporations, and their publi- &c
alton in form which would safeguard Ell
lsiness secrets. nf
In the bureau Of immigration and =,
the need of facilities
meet growing conditions is recogniz-
l. Improvements have been made in =,
e immigration stations all over the
'untry and will be carried on. In
during the fiscal year. 944, ,235 aliens -.
tered the country and 81 per cent
them came from Russia and the
untries of southern Europe. A total
29 per cent of illiterates is shown -
the report, which is something of II.
increase over the previous year
ie coming of these aliens. however,
ought $l7.33l .S2S into the country
d they possessed an average of ="
$50 each. 1t is calculated by the 'ue
partment, however. that 33 per cent 'e'
all these aliens we're assisted with 'ie
,ney to reach this country ~
In one portion of his report Secre- 'ne
y Nagel takes up the white slave 'ne
lfIic Through the watchfulness of /
lHsl