The Daily Alaska empire., 1928-12-07
C0OLIDGE'S LAST MESSAGE.

The following the High Points in Presi dent Coolidge's annual message, probably hi farewell general communication Congress:
 Passage of the bill for the construction of if teen cruisers and aircraft carrier.
 The creation Of a Federal Farm Board witl revolving fund from the Treasury to assist il the orderly marketing of the surplus of crop due to weather and seasonal conditions.
 Enactment of a law to promote railroad con solidations with view to making better trans portation at less cost to the public.
 Development of rivers and harbors improve ments as already authorized as well as water ways and flood control projects but no further authorizations at present
 Construction of irrigation flood control ana water supply project the Colorado River eav ing the electrical power field to private enter. prise
 Lease of Muscle Shoals to private interests for the production of nitrates and power
 Conservation of oil and natural resources on public lands.
 Continuation of the policy of restricted i'm migration.
 Federal enforcement of the Eighteenth Amend ment and eontribntory laws with cooperation from the States
 For farm relief, Mir Coolidge reiterated his suggestion for the creation of a Federal Farm Board in order that the Government might aid r promoting orderly marketing and in handling surpuses clearly due to weather and seasonal conditions He suggested revolving fund from Government money until producers associations had erected stabilizing organizations to finance themselves through regular credit institutions
 Temporary experiences he said though some times capable of apeasing demands of the mo- ment, cannot permanently solve the surplus prob lem and might seriously aggravae it. Hence putting the Government directly into business, subsidies and price fixing, and the aluring promises of political action as a substitute for private initiative, should be avoided"
 Following the lines of his Armistice Day speech, the Presidents message repeated his de- sire for passage of the fifteen cruiser bill now pending in the Senate
 ''The bill before the Senate with the elimina- ton of the time clause should be passed" he said, referring to the section which provides that the ships must be laid down within three years.
 l wish to repeat again for the benefit of the timid and the suspicious" said the President that this country is neither militaristic nor imperialistic."
 Many people at home and abroad who con stantly make this charge, are the same ones who are even more solicitous to have us extend as- sistance to foreign countries. When such assist ance is granted, the inevitable result is that we have foreign interests. For us to refuse the GUS tomary support and protection of such interests would be in derogation of the sovereignty of this Nation. Our largest foreign interests are In the British Empire, France and Italy Because We are constantly solicitous for those interests doubt if anyone would suppose that those countries feel we harbor toward them any mili- iaristlc or imperalistic design
 As for smaller countries we certainly do not want any of them We are more anxious than they are to have their sovereignty respected Our entire influence is in behalf of this independenee Cuba stands as witness to our adherence to this principle"
 The President also reiterated his opposition to putting the Government into the power or nitrate business in connection with legislation affecting the Colorado River or Muscle Shoals. Of the Colorado River he said summary of the re- port of a board appointed to study the project showed it preferred the Black Canyon site He added that he felt warranted 'in recommending measure which will protect the rights of the States, discharge the necessary Government fune- tions. and leave the electrical field to private enterprise"
 In connection with Muscle Shoals, President Coolidge suggested division of the property Into its two component parts of power and nitrate plants by which it would be possible to dispose of the power, reserving the right to any concern that wished to make nitrates to use any power that might be needed for that pur- pose" He opposed building another dam at pub lie expense, saying future operators should pro- vide for that themselves.
 Reviewing the efforts of the administration to economize in public expenditures the President declared that instead of deficit of $94, ,O00, 900 which was expected last June for the current