The Bridgeport evening farmer., 1910-12-06
PRESIDENT TAFTs MESSAGE.


 President Taft's message to Con- gress is unconscionably long-so lengthy in fact that those who read its complete text. will probably be few in number. It Is hardly possible within the ordinary editorial limits to summarize the entire message. but only to cover those features of cur rent interest and general importance.
 He recommends "the passage of a measure by mail subsidy or other sub- vention adequate to guarantee the es- tablishment and rapid development of an American merchant marine"
 The estimates of expenditures pre- sent, he says, the smallest necessary amounts. though this "does not apply to the river and harbor estimates" !. Should Congress decide to fortify the Panama canal. at an estimated cost of $19.0o0. 900. there will be probable deficit of about $7.ooo.0o0 He recom- mends such fertilization.
 He commends the new tariff 'as an income-producing measure. and de- clares that the corporate income tax '.has worked we'll" Of the regulations for publicity of corporate returns. he says:
 have made it possible for the pub lie generally to know from an exami- nation of the record. the returns of all corporations. the stock of which IS listed on any public stock exchange or is offered for sale to the general public by advertisement or otherwise. The returns of those corporations whose stock is not SO listed or offered <od fn hea fo inspection and examination of credit ors and stockholders of the corpora tion whose record is sought. The re- turns of all corporations are subject to the inspection of any government officer or to the examination of any court. in which the return made by the corporation is relevant and competent evidence.
 He refers to the tariff question with out expressing his own opinion. and says he hopes "to he able at the open ing of the new Congress. or at least during the session of that Congress. to bring to its attention the facts in regard to those schedules in the pres ent tariff that may prove to need amendment but urges that tariff revision he limited to lone schedule at a time". He suggests that the present Tariff board be made "a per manent tariff commission"
 He comments the work of the AL drich Monetary Commission thus far, but does not commit himself upon the project of a great central bank.
 The Panama canal will. he says, be completed within the estimate of cost, $375. 900. 900. He favors a toll of $1 a af nf ho xxyhQ opened. and suggests that the govern ment should include in its management of the canal the furnishing of dry dock and repair-shop facilities and the sale of coal, oil and other ship sup plies. He also sueeests the enact ment of a law prohibiting interstate commerce railroads from owning or controlling ships engaged in the trade through the Panama canar'. as needed to save to the people of the United States the benefits of the com petition in trade between the eastern and western seaboards which this canal was constructed to secure.
 He renews his recommendation of the enactment of "a general law pro- viding for the incorporation of indus trial and other companies engaged in interstate commerce.. He also re- news his recommendation of "the pass age of a law which shall regulate the isuing of injunctions in equity with cut notice in accordance with the best practice now in vogue in the courts of the United States. because it has been promised and "because 1t will deprive those who now complain of certain alleged abuses in the improper issuing of injunctions without notice of any real ground for further amend ment and will take away all sem blance of support for the extremely radical legislation they propose. which will be most pernicious if adopted, will sap the foundations of judicial power. and legalize that cruel social instrument. the secondary boycott.
 Postal savings banks will be opened in some cities and towns on the 1st of January. and there will be a grad ual extension of the benefits of the plan to the rest of the country.
 He states that "it would be wise to put ip the classified service the first, second and third-class postmasters' altQOugn InlS WOulu lessen the pdtrOH- age of Senators and Representatives.
 The proposition of compelling maga- zines to pay a higher rate of postage on their advertising sections. he says may promote a reduction of letter post age to one cent.
 He recommends adoption of the par cels post lon all rural-del:very routes, and that Il pounds-the international limit-be made the limit of carriage in such post, and this with view to its general extension when the income of the post office will permit it and the postal savings banks shall have been fully established.
 Some of our navy-yards are "entire- ly useless for naval purposes and the President approves the Navy Depart ment's recommendation that they be abandoned. One of them is at New London. He favors the establishment !. of a naval station at Guantanomo, Cuba.
 He recommends that the coal depos- its of the government be leased upon