Kingsbury County independent. (DeSmet, Kingsbury County, S.D.) 1894-1929, 1909-12-17

ing and periodicals assists. /
Of a policy which constitutes so large a
subsidy and requires additional taxation
to meet i
The second subject worthy of mention
In the post office. department Is the real
necessity and entire p~articability of es-
tablishing postal savings banks. The sue,
cessful party ct the last election declared
In favor Of postal savings banks, and
although the proposition finds opponents
In many, parts Of the country, ! am con-
WINGED that the people desire such banks,
and am sure that when the banks are
furnished they will be productive of the
Utmost good. The postal savings banks
creating composition with other banks.
The rate OF interest upon deposits to
which they would be limited would be SO
Its away from other banks.
l believe them to be necessary In or
der TO offer a proper irlducement to thrift
small means who DO not now have bank
ing facilities, and to whom such a sys-
tenn would offer an Opportunity for the
nish a satisfactory substitutes, based on
sound principle and actual successful
trial In nearly all the countries of the
s wGarai yof or the deposits system now Of being g0ye adopted
In several western states, which with
Difference to those who advocate Ii seems
to me to have in 1t the seeds of demorali-
@hAah aA4 NJ
tain financial disaster.
The question of how the money deros-
tied In postal savings banks shall be In
vested Is not free from difficulty, but j
believe that a satisfactory provision for
this purpose was inserted as an amend
ment TO the bill considered by the senate
at Its last session. 1t has been proposcd
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.
and properly so, because Of the necessity
for careful elaboration and close in
y~estigation; do not see why h
1t Is understood that the monetary
commission nave looked into the
systems OF banking which now prevail
abroad, and nave found hat 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 APP
parent that q system OF postal savings
a change to such q system here. Certain
ly In most of the countries in Europe
where control Is thus exercised by a CEN
and are not thought to be Inconsistent
with a proper financial and banking sys-
tenn.
Ship Subsidy.
Following the course OF my distin-
mend to congress the consideration and
passage OF a ship subsidy bill, looking TO
the establishment of lines W our
Atlantic seaheard and the eastern coast
of South America. as well as lines from
the west coast of the United States to
South America. China. Japan. and the
Philippines. The profits on foreign mails
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 estap-
ishmen of American Tines OF teamsnlps
In those directions In which we now feel
It most important that We should have
means of transportation controlled In ne
interest of the expansion OF our trade:
A bill Of his character has once passed
the House and more than once passed the
Senate, and / hope that at this session q
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
in It's national platform declared In favor
OF the admission as separate states OF New
Mexico and Arizona, and / recommend
that legislation appropriate to this END De
adopted. l urge. however. that care be
ton affecting each territory to secure de-
liberation in the selection Of persons as
members Of the convention to draft q con-
stitution for the incoming state. and l
after adoption by the convention shall be
sshmitted to the people of the territory
= = - a. election IN which ten
proposed constitution, and II the consti-
tuition is defeated by popular vote means
shall be provided in the enabling act for a
constitution. / think 1t vital that the Is
sue as to the merits or 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 or such
Importance as TO require q more detailed
and extended discussion than can be en-
tered upon in this communication. For
that reason l shall lake an early opportu-
nifty to send a special message to congress
on the subject OF the Improvement or our
waterways, upon the reclamation and irrt-
cation OF arid, semi-arid, and swamp
ests and the reforesting of suitable areas;
upon the Redistribution of the public do
main with a view of separating from agri-
phosphate lands and sites belonging to the
government bordering on streams suitable
fer the utilization of water power
Consolidation of Bureaus.
request congressional authority to en-
able the secretary of commerce and la
Dor to unite the bureaus OF manufac-
mended by a competent committee ap-
pointed i'm the previous administration
for the purpose or suggesting changes IN
the interest of economy and efficiency,
and is requested by the secretary.
White Slave Trade.
I greatly regret to have 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 / believe ii to be
constitutional to forbid. under penalty,
the transportation of persons for
purposes OF prostitution across na tional
and state lines; II BY appropF;atins a
fund OF $4,000 to be used BY the secre-
tary OF and labor for the en-
nloyment OF special inspectors It will be
POSSIBLE to bring those responsible for
his trade to Indictment and conviction
under a federal law.
7 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 I'm a high state OF prosperity.
There is every reason to believe that we
| are on the eve of a substantial business
expansion, and we have just garnered q
| harvest unexampled in the market value
go ~ ~ z-s -