Weekly journal-miner., 1912-08-14

Government bonds is unscientihc. | and urges the adoption of a system which shall provide elasticity in the credit and currency necessary for the conduct of business, free from recurring panies." The con irol of such system should be in the hands of the Government, and must be free from manipulation by Wall Street or the large interests"
 Conservation
 Under this head Mir. Roosevelt re- affirms his weIi-known policy on the conservation and reclamation of Ma tional resources. We must conserve our soil, our forests, our mines, not only for our own benefit but for the benefit of OUT children and de- sccndants. "The public should not aiicnatc its fec in the water-power which will be of incalculablc value as a source of power in the immedi ate future," and Eve should under take the complete development and control of the Mississippi as a Ma tional work. just as we have under taken the work of building the Panama Canal"
 AIaoka
 "Tn Alaska the Government has an opportunity of starting in what is almost a fresh field. to work out various problems by actual expert mcnt." IL should st once construct, own. and operate all the railways in Alaska: it should keep the fee of
 all coal-6ei and allow them to be f, operated by lessee with the condi-
 ton in the lease that non-use shall
 operate as a forfeit: system of
 land taxation should be tried which
 promotes the actual use of land and
 discouragcs the holding of land for
 speculation: the telegraph lines
 should he owned and operated by
 the Government"
 International Affairs.
 "Gn international affairs this coun- try should behave towards other na-
 tions as an honorable private citizen
 behaves towards other private citi-
 zcns." Our small army should hive
 large efficiency: the navy must be
 steadily built up until "it proves possible to secure by international
 agreement a general reduction of
 armaments;" the Panama Canal mus,
 be fortified. Panama Canal tolls on
 decp-water commerce should be uni.
 form to all nations, including our.
 selves: American coastwisc vessels
 should pass through the Canal free
 for this would be no discrimination
 against foreign nations and would
 give us reasonable competition witt
 transcontinental railways. No for
 cign treaty should he entered into which we do not mean scrupulousl,
 to observe in every particular.
 In summing up the specific policies , expounded in his address MT. Roose lveit spoke as follows:
 "Now, friends. this is my con fession of faith. have made |
 rather long because wish you {,
 know just what my deepest cmvic tions arc on the great questions O 1. today. SO that if you choose to mak .. me your standard-bearcr in the fight you shall make your choice under ( standing exactly how feci--an' if. after hearing me. you think yo I, ought to choose some one else, !; shall loyalty abide by your choic, . The convictions to which l hay | come have not been arrived al a ' the result of study in the closet O ,, the library. but from the knowlcdg
 I have gained through hard cxper ( ence during the many years | /. which. under man" and varied cor ditions, have striven and toile ', with men. believe in larger us :. of the governmental power 10 hel !, remedy industrial wrongs, becaus :, it has been borne in on me .. actual experience that without tll y exercise of such power many of th
 wrongs will be unrcmcdied. l b' !, lieve in larger opportunity for tf V people themselves directly to pa '. ticipate in government and to CD, trol their government agents. b cause long experience has taugl e me that without such control mar of their agents will represent the |. badly. By actual experience U office have found that. as a rule. 'e could secure the triumph of Il v causes in which most believe x not from the politicians and the in, ., who claim an exceptional right ' speak tn business and governmer !. appealing directly to the people ther sctScs, | dIn uot uuuCT JUG sikUtV 's dclusion as to any power that du .S ing my political career I have ,i ,a any time possessed. Whatever ,a power at any time had. l obtain s. from the people. 1 could cxerci vvu it only SO long as, and to the exte U. that, the people not merely bcliev ,d in me. but heartily backed me , .o Whatever I did as president l " e able to do only because had { '' backing of the people. When any point did not have that bac IT. ing. when on any point l differ he from the people, t mattered T on whether l was right or whether nd was wrong. my power vanished. IS tried my best to lead the people, ng advise them, to tell them what de thought was right; if necessary, dy never hcsitatcd to tell then what to thought they ought to hear, C, 'ct though I thought 1t would be , IN L.. sL.., A.. h... IA. hat