The Prescott daily news., 1910-08-30

taxes siiccsss ro- r---'r> rH-.s .
 pArsonai 'ncsrre tax. it 10 easily and ex- actly collected. and by an increase or
 decrease in the ratt enables congress with exactp>ss to res,iiate its Income 70 l its oeccsssrv expenditures.
 The next most important work of the present congress was the passage of tho
 an endment to the interstate commerce bill. The Republican platform favorsd amendment to the t~."rs.ste comm arce act with a view to ~'v'ny greater power 10 the interstate com.nerc. commission In
 regulating the operation of railroads and
 the fixing of traf1c rs'es, and also fa-
 vorsd such national legislation and super
 vision as would prevent the future over
 Issue of stocks and bonds by the Inter
 state carriers After tNe adtournmsnt of
 the congress at It's ex.ra session. I in
 vited two of my cabinet. member of the
 Interstate commerce commission and .
 member of congress to make recommen-
 dations as to the neeG..d ar,e,',nents to
 the interstate commerce act. TNese gen.
 tlemen reported to me and in September
 last in a sp och in Des N~'Hes, fore
 shadowed thn'r recornr,en lai 'o''s as I in-
 tended to m 'e tEcm 70 the n%ress for
 the amendu ,nt of tIe interstate com
 meroe act:
 Interstate co-owcrce.
 First. by the establishment of s com merce court; second. by empowering the commission to classify mer' hand so as well as to fix rates for classes; third. by giving the right to a shipper to desig- nate the route by which his goods shall be transported beyond the line of the ini- tial carrier: fourth by empowering the commission to consider the justice or In justice of any rate without the complaint or initiation of a shipper; fifth, by em- towering the commission to suspend pro- posed increases of rates by carriers until the commission shall have a chance to pass upon the ressonabeness of the in- crease; sixth, by provisions for the fed eral regulation of the issue of stocks and bonds by interstate railways; seventh, by clause forbiddins an interstate com mcrce railway company from acquiring stock in . competing road eighth. by . agreements between competing railroads limited in point of time and subject mat ter, and subject to the approval of the interstate commerce commission.
 These amendments were in accordance with the text of the Republican platform. Subsequently. bills were drawn smbody- ing this recommended legislation. in which. while the principle was main tained. there were limitations introduced, as justice suggested, after . conference with all the parties interested. The bin was submitted to the congress and after great deal of discussion both in the house and the senate 1t was enacted into law. with many amendments which did not materially change the effect of the recommendations except to strike out cer- tain provisions promised In the Republi- can platform. to permit traffic agreements between railways in spite of the anti trust law. to forbid one railway company to acquire stock in a competing company and to secure supervision by the inter state commerce commission of the issue of stocks and bonds by interstate rail ways
 For this last was substituted a provision the appointment of A com mission to consider the evils arising iron, the over-issue of stocks and bonds and the methods of preventing such evils by congressional regulation
 Postal SavlrJs Bank Bills.
 The postal savings bank bill has q slmilas History. It is one of the great congressional ensctments It create. spoeA. It institutes system which will work effectively to promot. thrift among the poor. by proyidinv depository for their savings which they properly may consider absolutely safe. and will also turn into the chan. nels of trade and commerce a larr. volume of money which otherwi.s would be hoarded By specific provi- sions 1t will stimulate the investment of savings In government bonds of 'mall denominations. for which the bill provides. Like the tariff hn and tha railroad bill. this was put through sach Houss of Congress by Rspub- ican majority. and was signed bv Prssidsnt
 The Republican party at the la.t lessaon of Congress again exhibited ts osep aud sincere interest in the yA lSA
 md women of the country by addin~ important snactmsnts to its aIreedv i ong record of legislation on this cub. eot. Practically all ciassss of sm. 'ioyees. especially those en6axed in occupations mors or less hazardou. Ire the bsnsnctArtss of laws which mould operate so Tighten the burdens shich naturally sall upon the shoul- lers of man The Republican nartx eooEnised the necessity of reduoin. ne dangers under which hundreds of thousands of miners work. by creattnr he Bureau of Mines This bin wa. passed for the purpose of sstablishtn~ m emcient governmental instrument CT investigation. examination and re- of' to the world ef the kind of safety appliances that win prevent the awf,h losses Of life In the operation of ,nines ana especially of coal mines sec ohu purpose of the bureau is to per- lorn the same office In respect to tho sreat industry of mining that the De- partment of Agriculture performs tn respect to the farming interssts oT .h. country that Is, by experiment ana to determine the moot sheetiVe methods of mining and the pest means of avoiding the deplorshla waste that now obtains in the present mining methods. -
 other Legislation Commended.
 NO more important legislation fin th. or human life has ever been he rs oy ,ohsrsss than the laws of