The French Broad hustler. [volume] (Hendersonville, N.C.) 1896-1912, 1909-03-11
IAEI'S Inaugural ADDRESS
Delivered by The New President Upon
The Occasion of His Inauguration.
Outline of His Policies Clearly
and FOrcibly Set Forth.

mind the total revenues likely to b.
produced by it, and so arrang the
duties as to secure an adequate in.
come. Should it be impossible to de-
so by import duties, new kinds OF
taxation must be adopted, and among
these | recommend q graduated in
her1tance tax, as correct in principle
and as certain and easy of collec-
ton.
The obligation on the part of those
responsible for the expenditures
made to carry on the government, tc
be as economical as possible, and to
bake the burden of taxation as light
as possible, is plain and should be
affirmed In every declaration of gov
eminent policy. This is especially
true when we are face to face with a
heavy deficit. But when the desire
to win the popular approval leads to
the cutting off of expenditures
really needed to make the govern
ment effective, and to enable it to
accomplish its proper objects, the re-
suit is as much to be condemned as
the waste of government funds in un-
necessary expenditure. The scope of
a modern government in what it can
and ought to accomplish for its peo-
pie has widened far beyond the prin-
ciples laid down by the old laissez
faire school of political writers, and
this widening has met popular
approval.
In the Department of Agriculture.
the use of scientific ovro~~~~-
on a large scale, and the spread of
information derived from Lnem Tor
the improvement of general agricul-
ture, must go on.
The Importance of supervising
business of great railways and indus
trial combinations, and the necessary
investigation and prosecution of
unlawful business methods, are an
other, necessary tax upon government
which did not exist half a century
ago.
Conservation of Our Resources.
The putting into force of laws
which shall secure the conservation
of u resources, so far as they may
be within the jurisdiction of the
Federal Government, including the
most important work of saving and
restoring our forests, and the great
of waterways, are all
government functions which
must involve large expenditures if
properly performed. While some of
them, like the reclamation of arid
lands, are made to pay for them
others are of such an indirect
benefit that this cannot be expect
ed of then. A permanent improve
ment, like the Panama Canal, should
be treated as a distinct enterprise,
and should be paid for by the pro-
ceeds of bonds, the issue of which
will distribute its cost between the
present and future generations in
accordance with the benefits derived.
1t may we'll be submitted to the
consideration of Congress
whether the deepening and control of
the channel of a great river system,
like that of the Ohio or of the Mis-
sissippi. when definite and practical
plans for the enterprise have been
approved and determined upon,
should not be provided for in the
same way.
The Army and the Navy.
Then, too, there are expenditures
of government absolutely necessary
# u country is to maintain its
proper place among the nations of
the world, and is to exercise its pro-
per influence in defense of its own
trade interests, in the maintenance
of traditional American policy
against the colonization of European
monarchies in this hemisphere, and
the promotion of peace and inter
national morality. l refer to the cost
maintaining a proper Army, a
proper Navy and suitable fortifca-
lions upon the mainland Of the Unit
ed States and in its dependencies.
Ne should have an Army so or
gained, and so differed as to be can
able IN time of emergency, in CO.
operation with the National Militia.
and under the provisions of a proper
national volunteer law, rapidly to ex-
.and into a force sufficient to resist
Ill probable invasion from abroad
md to furnish a respectable expedi-
lonary force, if necessary, in the
of our traditional Amer
can policy which bears the name of
resident Monroe.
Our Notifications are yet in a state
II only partial completeness, and the
number Of men to man them is in
.utiiclent. In a few years, however,
he usual appropriations for our
cast defenses both on the mainland
nd IN the dependencies, will make
hem sufficient to resist all direct
ttack. and by that time we may
'ope that the men to man them will
provided as a necessary adjunct.
What has been. said of the Army
lay be affirmed in even a more
mphatic way of the Navy. A modern
avy cannot be improvised. It must
e built and in, existence when the
mergency arises which calls for its
Sc and operation. Ny distinguished
PREDECESSOR has in many speeches
nd messages set out with great force