The Forrest City times., 1910-12-09

W toitt l(tts III iIit IOI1BtSl document of It's kind eyer sent to congress, President Taft reviews at length the business of the year in the various departments of the national government The settlement of the nshries dispute with England through the Hague tribunal comes in for a considerable share of the presidents S attention. The history of the fisheries dispute and the establishment of the tribunal are comprehensively review ed.
 The president gives a resume of the foreign relations of the government which are declared to be in a satisfac- tory condition.
 Tariff Negotiations.
 Referring to the negotiation of new tarin agreements President Taft says:
 The new tariff law, in Section 2. respecting the maximum and mini mum tariffs of tho United States. which provisions came into effect on April l, 1910, imposed upon us re-
 
 that date whether any undue diserim- ination existed against the United States and it's products in any eoun- try of the world with which we sus- tained commercial relations.
 In the case of several countries in stances of apparent undue discrimina- ton against American commerce were 1ound to exist. These dscriminations were removed by negotiation. Prior 10 April l, 1910, when the maximum tar1n was to come into operation with respect to importations from all those countries in whose favor no proclama- ton applying the minimum tariff should be issued by the president, one hundred and thirtyfour such procla- nations were issued.
 This series of proclamations em- Draced the entire commercial world and hence the minimum tariff of the United States has been given uniyer- Sal application, thus testifying to the satisfactory character of our trade relations with foreign countries
 Marked advantages to the com merce of the United States were ob tained through these tariff settle ments
 The policy of broader and closer trade relations with the Dominion of Canada Which was initiated in the ad- 1ustment of the maximum and mini mum provisions of the tarir act of August, 1909, has proved mutually beneficial It tustifies further efforts for Nhe readjustment of the commer- ci'N relations of the two countries so That their commerce may follow ths channels natural to contiguous coun. tries and be commensurate with the steady expansion of trade and indns- try on both sides of the boundary line"
 Ship Subsidy.
 The president urges such action as he believes will increase American trade abroad. and says:
 Another instrumentality indisnen- Kable to the unhamapered and natural development of American commerce Is merchant marine All maritime and commercial nations recognize the i'm .portance of this factor The greatest commercial nations. our competitors 3es1ously foster their merchant ma rtne- Perhaps nowhere Is the need for rapid and direct mail. passenger and freight communication ouita so urgent as between the United States and Latin America We can secpre in no other quarter of the world sncb immediate benefits in friendship and commerce as would flow from the ga tablishment of direct lines of com municauon with the countries of Latin America adequate to meet tho requirements of rapidly increas sinp appreciation of tho reciprocal depen. denee of the countries of the western hemisphere upon each others nrod. ucts, sympathies and assistance
 alluded to this most important subject in my last annual message. if has often been before you and mood not recapitulate the reasons for its recommendation. Unless prompt ac. ton be taken the completion of the Panama canal will find this the only great commercial nation unable to avail in international maritime busi- ness of this great contribution to the means of the worlds commercial in. tercourse
 Governmental Expense.
 To no one subject does he devote more space than to the expense of conducting the various government departments and the urgent need for economy, and in this connection he says:
 Every effort has been made by