The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1910-12-09

ness, due to the announcement that
tariff bill is to be prepared and
put in operation will be avoided by
treating the schedules one by n as
occasion shall arise for a change in
rates of each, and only after a re-
port upon the schedule by the tariff
board competent to make such report.
It is not likely that the board will be
able to max a report during the pres
ent session Of congress on any of the
schedules, because a proper examina-
ton involves an enormous amount of
detail and a great deal Of care; but I
hope to be able at the opening 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 present tariff
that may prove to need amendment"
Our Island Possessions.
During the last summer, at my
request, the secretary Of wal visited
the Philippine islands and has de-
scribed his trip in the report. He
found the islands in a state Of tran
Quillity and growing prosperity. due
largely to the change in the tari.
laws, which has opened the markets
Of America to the products of the
Philippines, and has opened the Phil
ippine markets to American manu-
features.
The year has been n of prosper
ity and progress in Porto Rico.
Panama Canal.
AT the instance of Colonel Goeth-
ais, the army engineer officer in
charge Of the work on the Panama
canal, l have just made q visit to
the Isthmus to inspect the work done
and to consult with him on the
ground as to certain problems which
are likely to arise in the near fu-
ture. The progress of the work is
most satisfactory. If no unexpected
obstacle presents itself. the canal
will be completed we'll within the
time fixed by Colonel Goethals, to-
wit, January l, 1915, and within the
estimate Of cost, 1915, 000,0 0
Among questions arising for pres
ent solution Is the decision whether
the canal shall be fortified. have
already stated to the congress that
l strongly favor fertilization and
now reiterate this opinion and ask
your consideration Of the subject ir
the light Of the report already be
fore you made by a competent board
Another question which arises fol
consideration and possible Legislation
is the question of tolls in the canal
This question is necessarily affected
by the probable tonnage which viii
go through the canal.
In determining what the toll
should be we certainly ought not t.
insist that for a good many years t
come they should amount to enougl
to pay the interest on the invest
ment of $500, 600, 900 which the Unite
States has made in the constructio
Of the canal. We ought not to d
this, first, because the benefits to b
derived by the United States froI
ured solely by q return upon the II
vestment. If it were then the col
struction might well have been lel
to private enterprise.
my own impression Is that tn
tolls ought not to exceed 81 per M
!, ton, and l should recommend tn;
) within certain limits the president /
authorized to fix the tolls of the can
and adjust them to what seems
+ be commercial necessity.
II cannot close this reference
the canal without suggesting as
wise amendment to the intersta
commerce law a provision prohibitir
interstate commerce railroads fro
owning or controlling ships engage
' In the trade through the Panan
4 canal. l believe such q provisit
may be needed to save to the Poop
of the United States the benefits
d the competition in trade between Il
eastern and western seaboards wifi
t this canal was constructed to secure
10 Department Of Justice.
Discussing the affairs Of the d
partment of justice, the preside
f. says:
= II invite especial attention to Il
. prosecutions under the federal Ia
of the so-called bucket shops al
y of those schemes to defraud in viii
y the use of the mail is an essenti
l. part Of the fraudulent conspirae
H. prosecutions which have saved
. norant and weak members of the pr
. lie and are saving them hundreds
O. millions Of dollars. The violations
~ the antitrust law present perhaps t
y most important litigation before t
department, and the number of cas-
. filed shows the activity of the COVER
u ment in enforcing that statute.
" In a special message last year
brought to the attention of congre
As the propriety and wisdom Of enacti
le a general law providing for the
10 corporation Of industrial and otf
. companies engaged in interstate co
% merce, and l renew my recomm'
dation in that behalf"
The crying need in the Unit
States of cheapening the S of l
CATION by simplifying judicial proc
ure and expediting final judgment
~ pointed out and action looking to C
IL 1890