Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1925-12-12
PRESIDENT SENDS HIS
MESSAGE TO CONGRESS
General Condition Of Nation Is
One OF Progress and
Prosperity.


gress. said that the general condition
OF the nation is one Of progress and
prosperity. The President said Thar
he approved Of the new revenue BIN
IS framed ny the house ways and
means committee.
The Presidents message in part IS
SIS follows
Members 81 the Congress
Ia meeting the constitutional re
quiremeuts Of informing the congress
upon the state OF the Union, ii is ex-
ceedingly gratifying to report that the
general condition is one Of progress
and prosperity.
Ii oGr country the people are SOW
ereign ana independent and must ac-
cent the resulting responsibilities The
greatest soitcIuude should be exer-
cised to prevent any encroachu1ent
upon the rights Of che states or their
various political subdivisions Local
self government is one OF our most
precious possessions
For Government Economy.
II is a fundamental principle Of our
country that the people are sovereign.
They hold inviolate in their own hands
the jurisdiction over their own free
dom and the ownership Of their own
property. The wealth Of our country
is not public wealth. hut private
wealth Ii does net belong to the gov
eminent, 1t belongs to the people II
Is always necessary To keep these
principles IN mind in The laying OF
taxes and In the making of appro-
priatjons Az proposals for assuming
new obligations ought TO he postponed.
unless they are reproductive capital in
veStments or are such as are ahso-
lutely necessary &c this time
It has always been our policy 10
retire our debts.
The taxpayer will he required To
produce nearly twice the amount Of
commodities to pay his debt if the dol
lar returns ~ the 1913 value The
more We pay while prices are high.
the easier il win he.
There is room for further economy
in the cost of the federal government
but comparison Of current eXreudi
lures With pre-war expenditures is not
unta1orable to the efficiency with
which government business is now be
Ing done
I believe that present federal cv
pepses are net far out OF line with
pre-war expenses We have nearly
accomplished the denation.
Budget.
The congress has wisely set UP the
bureau Of budget
This gives a centralized authority
where general and comprehensive
understanding can be reached of the
sources o. income and the most epu-
table distribution of expenditures. How
we'll II has worked is Indicated hy the
fact that the departmental estimates
for 1922, before the budget law. were
S4.06S0o0000 while the budget estl-
mates for 1927 are $3,l56000000 This
latter figure shows the reductions IN
departmental estimates for the com
ing year made possible by the opera
ton Of the budget system that the
congress has provided
Taxation.
The purpose of reducing expendi-
/ lures is to secure reduction In
taxes. That purpose is about to be
realized. With commendable prompt
ness the ways and means committee
+ Of the house has undertaken IN adj
/ vance of the meeting of the congress
to frame revenue act, In its present
/ form il should provide sufficient rev
enuo for the government approve Of
the bill in principle.
4 | am advised that the bill VIII be
through the house by Christmas The
/ bill should reach me prior to March
/ 10.
Foreign Relations.
The policy Of our foreign relations,
casting aside any suggestion Of force,
rests solely on the foundation of
/ peace, good viii, and good works
1t seems clear that 1t is the reduc-
/ ton of armies rather than Of navies
that is Of the first importance 10 the
world at the present time
Court of international Justice
Pending before the senate for near
/ ly three years Is the proposal to adj
here to the protocol establishing tile
/ Permanent Court Of International
/ Justice A well-established line OF
precedents mark Americas effort 10
effect the establishment Of court IF
/ this nature.
4 Foreign Debts.
Gradually, settlements have been
made which provide for the liquidation
! Of debts due 10 our government from
/ foreign governments
/ Aiten Property
Negotiations are progressing among
the interested parties III relation IL
+ the final distribution Of the assets in
! the hands Of fhe alien properly rus
todian.
\ immigration.
+ While not enough time has elapsed
I a-.-,..Ff.-s-.5t 54..+,-4.e. ( r.. %