Weekly journal-miner. [volume] (Prescott, Ariz.) 1908-1929, 1913-04-16
TARIFF AND CURRENCY
KEYNOTES OF MESSAGE
Brief is Talk of President Addressed
In Person to Joint Session
Of Congress.

must be- We must abolish every
thing that bears even the semblance
of privilege or OF any kind of arti-
fetal advantage, and put our bust
ness men and producers under the
stimulation of a constant necessity
to be efficient, economical, and en-
terprising. masters of competitive
supremacy. better workers and nler-
chants than any in the world. Aside
from the duties laid upon articles
which we do not, and probably can
not. produce, therefore, and the du-
ties laid upon Injuries and merely
for the sake of the revenues they
yield, the object of the tariff duties
henceforth laid must be effective
competition, the whetting of Ameri-
can wits by contest with the wits OF
the rest Of the world
1T would be unwise TO move to-
ward this end headlong. with reck-
less haste, or with strokes that cut
at the very roots of what has grown
up amongst us by long process and
at our own invitation. 1t does not
alter a thing to upset it and break
it and deprive it of a chance to
change. 1t destroys it We must
make changes in our fiscal laws, in
Our fiscal system, whose object is
development, more free and whole
some development, not revolution or
upset or confusion. We must build
up trade, especially foreign trade.
We need the outlet and the enlarg
ed field of energy more than we
ever did before. We must build up
industry as well, and must adopt
freedom in the place of artificial
stimulation only so far as it will
build, not pull down. In dealing
with the tariff the method by which
this may be done will be a matter
of judgment, exercised item by item.
To some not accustomed to the ex-
elements and responsibilities OF
greater freedom our methods may in
some respects and at some points
seem heroic, but remedies may be
heroic and yet be remedies. 1t is
our business to make sure that they
are genuine remedies. Our object
is clear. If our motive is above just
challenge and only an occasional err
ror of judgment is chargeable against
us. we shall be fortunate.
1--WE are called upon to render the
country a great service in more mat
tiers than one Our responsibility
should be met and our methods
should be THOROUGH, as thorough as
moderate and we'll considered, based
upon the facts as they are, and not
worked out as if we were beginners
We are to deal with the facts of Our
own day, with the facts OF no other.
and TO make laws which square with
those facts. 1t is best, indeed il is
necessary, TO begin with the tariff
will urge nothing upon you now
at the opening of your session which
can obscure that first object or divert
our energies from that clearly defin-
ed duty. At later time ! may take
the liberty of calling your attention
to reforms which should press close
upon the heels of the tariff changes
if not accompany them. of which the
chief is the reform of our banking
and currency laws; but just now I
refrain. For the present, | put these
matters on one side and think only
of this one thing-of the changes in
our fiscal system which may best
serve to open once more the free
channels of prosperity to a great peo-
pie whom we would serve to the ut
most and throughout both rank and
file"