Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1909-03-11


Wasfsfn<-c1. Mar a. President
rlft. having been sworn m IA cnisf
ssacrtfvs az the nation. feiiver-c al
Inaugural address that was listened %
With great interest IN part X vas ~
tciiuxs-
Ny Fellow Citizens Any one who
taAes the safh have Just rsksn must
feel a heavy weight ce responsibility
x not he has no conception Of the
powers and durles oc the Office upon
which he 10 about to enter. or he r.
lack-lg IN Il proper sense or the ahli-
CATION which the cath imposes
The ctiice os an inaugural address,
10 70 give n summary outline OF the
main policies q the new adiuinistra-
aon. SO l1r as they can be anticipated.
I have had TIE honor TO be one oe the
advisers af my Distinguished prsde-
csssor. ard as sur 10 hold up hts
hanils IN The rsfornish he has initiated.
shouid BE- untrue to myself. to my
prumises and 70 the declaration Of
the party platform upon which am
elect@d 70 oflce. II T did not make the
maintenance and enforcement Of those
retnrns most important feature OF
my administration. They we're di-
rectet 70 the suppression ot the Law.
lsssness and abuses OF power OF the
great combinations Of capital invested
IN railroads and in Industrial enter.
prises carrying On Interstate com.
merre- Ths steps which nv prpdsec.
scr tguk and the legislation passed on
MS recommendation have accom-.
plisse,f much. have caused a general
hair IN the vicious policies which ere.
atst popular alarm. and have brought
sAouf n tire business Affected a much
higher regard for existing law
Mars L-qislst5cr Needed.
To render the reforms lasting. how.
ever. aad to secure AZ the same time
freedom from alarm on n. parr a,
those pursuing proper and progress.
sive business methods. further legfsIa,
tive and executive action are needed
Relief or the raiiruats from certain ~.
srricttBns 0f the antitrust law has
been urged BY ny 5rsaecessur and VIII
- u--sd BY me- On tfI@ other nnnd
the administration Is Dietgad 10 I=xss
Afinu lGukilg To a prupe- feaeraE sn
psrvisian and restriction 70 prevent sx
cessive issues af bonds and stocks hv
companies owning AMI operating inter-
STARE eammsrce railroads.
hops "a De able to submit AZ ne
frst esgIiar session Of the incoming
congress. IN December next denufra
suggestions n respect ~ ne ua.,i..,.
H4nenfnenfs n the antitrust AMI ne
intsrsrIre commerce. Mws. amt m.
changes required IN the executive dr-
parrmeaGs concerned N their eufarr--
merr
Promises Ex--z Session.
matter Of most pressing irupar.
t1nce Is the rsvisiau af The t1rfr. n
arrnruanes with the Promises cf th-
platform upon which was elected.
shali cal congress INTO extra session.
20 meet On the fifteenth dav Of March
In order thar consideration NAV b. AZ
ouce given 70 a biII revising the Ding.
ley act This should secure an ad~-
g1ate revenue and adiust the Duties in
such a manner as 70 afford 20 labor
AMI 70 al industries in this cuHnrrv.
rherher ef the farm. mine or factory
protection By tariff equal TO the aif
Ference between the cost Of production
ahruad and The cost Of urusilctiou
here. amt have n provision which
shan rHr into force. upon exscurive
determination 1f certain saefs. a high.
er or maximum t1rif againsr those
countries whose trade policy toward
Us sglifahlv requires such aIscrirui.
nation Er IS thought that thera has
been such a change In eondirfous since
the enactment Of the DfugIev are
drafted Gu a similarly protective urfn.
eipie. that the measure Of the rnr;-
above stated viii permit the reshtcriun
Of rates In certain schedules aud win
regs.t- the advancement az few Il
any.
Nouey Needed far sis 7-ulecsa
The putting into force Of laws xnfrn
shall secure the. conservation Of au-
resources. 80 far as they may be with.
II the jurisdiction of the federal xuv-
ernment. Including the most fsnpor.
rarf work CT saving and restoring cur
forests. and the general Improvement
of waterways. are al proper xuveru-
msnt functions which must fnvulge
large expenditures if properly per-
chrnsd- While some oe them. lie the
reclamation Of arid lands. ars made
% pay for themselves. others ara ae
sleh an Indirect benefit that this can