Daily Democrat, Volume 2, Number 280, Decatur, Adams County, 6 December 1904 — Page 4

THE “?SIDENT’S

DELIVERED TO - DAY President Roosevelt’s message has been delivered to congress. Its main features are as follows: The enlargement of scope of the functions of the national government required by our development as a nation involves, of course, Increase of expense, and the period of prosperity through which the country is passing justifies expenditures for permanent improvements far greater than would be wise in bard times, but abundant revenues and a large surplus always invite extravagance, and constant care should be taken to guard against unnecessary increase of the ordinary ex- ; 'peases of government. Capital and Labor. The relations of capital and labor, and especially of organized capital and organized labor, to each other and to the public at large come second in im portance only to the intimate questions of family life. Our peculiar form of government, with its sharp division of authority between the nation and the several states, has been on the whole far more advantageous to our development than a more strongly centralized government. But it is undoubtedly responsible for much of the difficulty of meeting with adequate legislation the new problems presented by the to f al change in industrial conditions on this . continent during the last half century. In actual practice it has proved exceedingly difficult, and in many cases ’ impossible, to get unanimity of wise action among the various states on ! j these subjects. From the very nature of the case this is especially true of the laws affecting the employment of capita! in huge masses. With regard to labor, the problem is no less important, but ft Is simpler. As long as the states retain the primary control of the police power the circumstances must be altogether extreme which require interference by the federal authorities, whether in the way of safeguarding the rights of labor or in the way of seeing that wrong Is not done by unruly persons who shield themselves behind the name of labor. If is resistance to the federal cot v with the mails or inti molestation of fed i ’ state authorities lbey “ re un able / ' then the fed era Awn and nOvterferq,- but, / pendence bec uay caus ei ,s arising out o' cere regard some question. The Hreuc « *t sclf restoring or charge of C| !e questions the trusts w leal 11 of or ' alumbia and heavy campvral law cov- ., . , ernment But the stateme„ n , y , ( . utP in ___ centers of commerce, inanu- • actures or mining. Nevertheless both in the enactment and in the enfor'erirent of law the federal government within its restricted sphere -should set un example to the state governments, especially in a matter so vital us this affecting labor. Labor Inions. Telf-ve that under mod.ru in lustrial conditl ms it is often ucce ■■ <a y aud ev en where uot necessary it i» ye often wise that there should be organ :ati >u of labor in order betti r t » secure the rights of the individual w igew.trk er. All encouragement sho t' 1 be given to any such organization so I mg a • it is conducted with a due ami decent I eg rd for the rights of others. There are in this country some I dear unions which here habitually and other labor unions vbic.i ha>e often b.-e.i among the most effective agents in working sot 1 gold citizenship and for uplifting the condition of those whose welfare should be closest to our hearts. But when any labor union seeks improper -ends or reeks to achieve proper ends by iumroper means all good citizens, nnd more especially ull hou li able public servants, must oppose tlie wrongdoing as resolutely is they would oppose the wrongdoing of any great corporation. Violence, brutality or corruption should not for one moment be tolerated. Entire Right to Organise. Wageworkers have an entire right to organize and by all peaceful and honorable means to endeavor to pereuude their fellows to Join witli them in organizations. They have a legtl right, which, according to circumstances, may or may uot be a moral right, to refuse to work In company with mea who decline to Join their organizations. They have under uo circumstances the right to commit violence upon those, whether capitalists >r wageworkers, who refuse to support their organizations or who side with those with Whom they are at odds, for nob rule Is intolerable in any form. The wageworkers are peculiarly efffi led to the protection aud Uie eucoiir —oment c»--Ultt-hi'w.\Wjte T »vt‘C the naiverument has power there a stringent employer's liahil- . which should apply to the gov,ent itself where the government s an employer of labor. Prevention nt HallrnaS Accident.. The ever Increasing casualty fist up»n our railroads la a matter of grave Public concern and urgentlW call* for .Action by the congress. 1W pnwuiqe of a law requiring the adoption of a block •sdgnnl system bai. ton proposed to the •ingress. 1 concur In that ''ntv/i also point urgent need of ■ sst of tin* public

Xot u epacie f s.lety limiting ascertain the r r. ilroad e.uployee»X' PX p jnded by bo** 011 ru,lroa ? B of preside merce nnd providingV 1 . ued and experienced persmi. .Eyed 1 in positions of responsibly 1 mnoYected 1 with the operation of traiXg. o Tlie safety appliance law\., amends ed by the act of March 2, 11KI3, has , proved beneficial to railway employees, ami in order that its provisions may be properly carried out the force of inspectors provided for by appropriation should be largely increased. This serv- : ice has passed the experimental stage and should receive generous recognition by the congress. Unionism In Government Offices. There is uo objection to employees of the government forming or belonging to unions, but the government can neither discriminate for nor discriminate against nonunion men who are in its employment or who seek to be employed under it. Moreover, it is a very grave impropriety for government employees to baud themselves together for the purpose of extorting improperly high salaries from the government. Especially is this true of those within the classified service. Tlie letter carriers, both municipal and rural, are as a whole an excellent body of public servants. They should be amply paid. But their payment must lie obtained by arguing their claims fairly and bon orably before the congress aud not by band ng together for the defeat of those congressmen who refuse to give promises which they cannot in conscience give. The administration has taken steps to prevent and punish abuses of this nature, but it will be wise for the congress to supplement this action by legislation. Rnrenn of Labor. Much can be doue by the government I in labor matters merely by giving publicity to certain conditions. The bureau of I. bor has done excellent work of this kind In many different directions. I shall shortly lay before you in a special message the full report of the investigation of the bureau of labor into the Colorado mining strike, as this is a strike in which certain very evil forces, which are more or less at work every where under the conditions of modern industrialism, became startlingly prominent. It is greatly to be wished that the department of commerce and labor. through the labor bureau, should • compile and arrange for the congress a list of the labor laws of the various states and should be given the means to invest gate and report to the congress upon the labor conditions in the manufacturing and mining regions throughout the country, both as to wages, as to hours of labor, ns to the labor of women and children and as to the effect in the various labor centers of immigration from abroad, in this investigation especial attention should be paid to the conditions of child labor and child labor legislation lu the several states. Cori>orationn. When we come to deal with great corporations the need for the government to act directly is far greater than in the case of labor, because great corporations can become such only by engaging in interstate commerce, and interstate commerce is peculiarly the field of the general government. It is an absurdity to expect to eliminate the abuses in great corporations by state action. It is difficult to be patient with an argument that such matters should be left to the states, because more than 1 one state pursues the policy of creating on easy terms corporations which are never operated within that state nt all. but In other states whose laws they Ignore. The national government alone can deal adequately with these great corporations. To try to deal with them in an intemperate, destructive or demagogic spirit would in all probability mean that nothing whatever would be accomplished, and with absolute certainty that if anything were accomplished it would be of a harmful nature. The American people need to cogtinqe to show tbp very [ fluidities that they have shown—that is. ' moderation, good sense, the earnest desire to avoid doing any damage and yet the quiet determination to proceed, step by step, without halt and without hurry. In eliminating or at least in minimizing whatever of mischief or of evil there is to interstate commerce in the conduct of great corporations. They are acting In no spirit of hostility I to wealth, either individual or corporate. They are not against the rich I man any more than against the poor man. On the contrary, they are friendly alike toward rich man and toward poor man. provided only that each acts In n spirit of justice and decency to- ! ward his fellows Great corporations are necessary, and only men of great an<l singular mental power enn man-1 age such corporations successfully, | and such iron must have great re- I wards. But those corporations should I be managed with due regard to the interest or the public as a whole. When' this can be done under the present laws it must be done. Where these laws come abort others should be enacted to supplement them. •irnu of Corpor«H»in. The bureau of corporations has made careful preliminary investigation of many important corporations. It will make a special report on the beef industry. The policy of the bureau Is to accomplish the purftoses of Its creation by co-operation, not antagonism; by making constructive legislation, not destructive prosecution, the Immediate object of Its Inquiries; by cons-rvatlve investigation of law and fact and by refusal to Issue Incomplete and hence nocossarfly Inaccurate reports. Its policy being thus one of open Inquiry into and not attack upon business, the bureau hits I’cen able to gnln not only the confidence, but, better still, the co operation, of men engaged In legitimate business. | The bureau offers to the congress the means of getting at the cost of pro-

a—- — duction of our various great staples of commerce. Os necessity the careful investigation [ of special corporations will afford the commissioner knowledge of certain business facts, the publication of which | might be an improper infringement of I private rights. The method of making I public the results of these investigations affords, under the law, a means for the protection of private rights. The congress will have all facts except such ns would give to another corporation information which would injure the legitimate business of a competitor and destroy the Incentive for individual superiority and thrift. The bureau lias also made exhaustive examinations into the legal condition under which corporate business is carried on in the various states, into al! judicial decisions on the subject and into the various systems of corporate taxation in use. I call special attention to the report of the chief of the bureau, and 1 earnestly ask that the congress carefully consider the report ami recommendations of the commissioner on this subject. The business of Insurance vitally affects the great mass of the people ot the United States and Is national and not local in its application. It involves a multitude of transactions among the people of the different states and between American companies and foreign governments. I urge that the con gross carefully consider whether the power of the bureau of corporations cannot constitutionally be extended to cover interstate transactions in insurance. Rebates. Above all else we must strive to keep the highways of commerce open to al. on equal terms, nnd to do this it is necessary to put a complete stop to all re bates. Whether the shipper or the rail road is to blame makes no difference. The rebate must be stopped, the abuses of the private ear and private terminal track and side track systems rrust lie stopped, and the legislation of the Fif-ty-eighth congress which declares it to be unlawful for any person or corporation to offer, grant, give, solicit, accept or receive any rebate, concession or discrimination in respect of the trans portation of any property in interstate or foreign commerce whereby such property shall by any device whatever be transported at a less rate than that named in the tariffs published by the carrier must be enforced. While I am of the opinion that at presort it would be undesirable if it were noi impracticable finally to clothe the interstate commerce commission with general authority to fix railroad rates, I do believe that as a fair security to shippers the commission should be vested with the power where a given rate has been challenged and after full hearing found to be unreasonable to decide, sub ject to judicial review, what sbm. be- 1 reasorable rate to take its place, the ruling >f the commission to take effect immed jtcly and to obtain unless and until it is reversed by the court of review. Steamship companies engaged in interstate commerce and protected in our coastwise trade should be held to a strict observance of the interstate commerce act. [The president here discusses the city of Washington, making numerous recommendations looking to its betttr government. He asks that laws be passed preventing overcrowding in the tenement districts, for the abolition of blind alleys and the proper housing of the poor. He also recommends changes in the criminal code, and would have wife beaters corporally punished ] Irrigation. During the two and a half years that have elapsed since the passage of the reclamation act rapid progress has been made in the surveys and examinations of the opportunities for reclamation in the thirteen states and three territories of the arid west. Construction has already been begun on the lar gest and most Important of the irrigation works, and plans are being completed for works which will utilize the funds now available. The forest policy of the government is just now n subject of vivid public Interest throughout the west aud to the people of the United States in general. . The forest reserves themselves are of ' extreme value to the present as well ■ as to the future welfare of all the western public land states. They powj erfully affect the use and disposal of ' the public lands. They are of special Importance because they preserve the water supply and the supply of timber for domestic purposes aud so promote settlement under the rech.matlon act. Indeed they are essential to the welfare of every one «f the great Interests of the west. I have repeatedly called attention to the confusion which exists in government forest matters because the work is scattered among three independent organizations. As I have recommend ed, all the forest work of the government should be concentrated in the department of agriculture, where the larger part of that work Ih already done. The Canyon of the Colorado should be made a national park, a..d the national park system should include the Yosemite and as many m possible of the groves of giant treee in California. Pensloae. The veterans of the civil war have a claim upon the nation such ar no other body of onr citizens possess. The pension bureau has never in Its history been managed in a more satisfactory manner than Is now the case. Consolsr Service. Our consular system needs Improvement. Salaries should be substituted for fees, and the pro|»er classification, ! grading nnd transfer of consular officers should be provided. 1 am not prepared to any that a competitive system of examinations for appointment s would work well, hut by law It should be provided that consuls should bo familiar, according tixsj-'ces for which

they apply, with the French, German or Spanish language aud should possess acquaintance with the resources of the United States. It is desirable to enact a proper nation 1 quarantine law. 1 call your attention to the great extravagance in printing and binding government publications and especially to the fact that altogether too many of these publications are printed. Currency. The attention of the congress should be especially given to the currency question and that the standing committees on the matter in the two bouses charged with the duty take up the matter of our currency and see whether it is not possible to secure an agreement In the business world for bettering the system. The committees should consider the question of the retirement of the greenbacks and the problem of securing in our currency such elasticity as is consistent with safety. Every silver dollar should be made by law redeemable in gold at the option of the holder. Merchant Marine. I especially commend to your Immedi ate attention tlie encouragement of our merchant marine by appropriate legislation. The growing importance of the orient as a field for American exports drew from my predecessor, President McKinley, an urgent request for its special consideration by the congress. The importance of securing proper Information and data with a view to the enlargement of our trade with Asia is undiminished. Our consular representatives in China have strongly urged a place for permanent display of American products in some prominent trade center of that empire, under government control and management, as an effective means of advancing our export trade therein. I call the attention of the congress to the desirability of carrying out these suggestions. Immigration nnd Xalnrnlizatlon. In dealing with the questions of immigration and naturalization it is indispensable to keep certain facts ever before the minds of those who share in enacting the laws. First and fore most, let us remember that the question of being a good American has nothing whatever to do with a man’s birthplace any more than it lias to do with his creed. In every generation from the time this government was founded men of foreign birth havt stood in the very foremost rank of good citizenship, and that not merely in one but in every field >f American activity. There is no danger of having too many immigrants of the right kind, but the citizenship of this country should uot be debased. It is vital that we should keep high tbe standard of \vcll being among our Wageworkers, and therefore we should not admit masses of men whose standards of living and whose personal customs and hab'ts are such that they tend to lower the level of the American wageworker, and above all we should not admit any man of an unworthy type. Similarly we should take the greatest care about naturalization. Fraudulent naturaliza tlon. the naturalization of improper persons, is a curse to our government, and it is the affair of every honest voter, wherever born, to see that no fraudulent voting is allowed, that no fraud in connection with naturaliza tion is permitted. Revision of X'atnrallzatton Lana. There should be a comprehensive re vision of the naturalization laws. The courts having power to naturalize should be definitely named by national authority, the testimony upon which naturalization may be conferred should be definitely prescribed, publication of Impending naturalization applications should be required in advance of their hearing In court, the form and word Ing of nil certiqcates issued should be uniform throughout the country, and the courts should be required to make returns to the secretary of state at stated periods of all naturalizations conferred Not only are the laws relating to naturalization now defective, but those relating to citizenship of the United States ought also to be made the subject of scientific Inquiry with a view to probable further legislation. The pow er of the government to protect the integrity of the elections of Its own officials is inherent and has been recognized and affirmed by repeated declarations of the supreme court. There Is no enemy of free government more dangerous and none so Insidious ns ■ the corruption of the electorate. I rect ommend the enactment of a hiw direct cd against bribery nnd corruption In | federal elections. 1 DvlHfa In Criminal Proaeautloaa, No subject Is better worthy the at- ' tcntlon of the congress than thnt portion of the report of the attorney general dealing with the long delays and the great obstruction to justice experienced In the cases of Beavers, Green nnd Gn; ">r and Benson. Were these Isolated nnd special cases I should not 1 call your attention to them, but the dlf- - ficult.es encountered ns regards these men who have been Indicted for crlrnlI nal practices nre not exceptional. They 1 are precisely similar in kind to what I occurs again un i ngnin In the erne of I criminals who have ell lent rnanus to ’ enable them to take advantage of a ' system of>procedure which tons grown ’ up In the federal courts and which ’ amounts In effect to making the inw easy of enforcement agnlnst the man I who hns no money and difficult of enforcement. even to the point of some times securing Immunity, as regards 1 the man who hns money. At present • the Interests of the Innocent min nre amply safeguarded, but the interests of 1 the government that Is, the interests of honest administration; that Is, the 1 Interests of the people -nre not recog--1 nlzed a 1 ’ hey should be. ’ tT' tesident discusses the progress i x ••■•rftorles of Alaska, Hawaii

and Porto Rico, with recommendations for changes in the present system of government of the first named. He desires to see a delegate from Alaska iu congress. | Foreign Policy. The steady aim of this nation, as of ull enlightened nations, should be to strive t > bring ever nearer tin- day when there shall prevail throughout the world the peace of justice, but there are kinds of peace which are highly undesirable, which are in the long run as destructive as any war. The goal to set before us as a nation, the goal which should be set before all mankind, is the attainment of the peace of justice, of the peace which comes when each nation is not merely safeguarded in its own rights, but scrupulously recognizes and perforins its duty toward others. Generally peace tells for righteousness, but if there is conflict between the two then our fealty is due first to the cause of rigliteousuess. Unrighteous wars are common and unrighteous peace is rare, but both should be shunned. The right of freedom and the responsibility for the exercise of that right cannot be divorced. One of onr great poets has well and finely said that freedom is not a gift that tarries long in the hands of cowards. Neither does it tarry long iu the hands of those too slothful, too dishonest or too unintelligent to exercise it. The eternal vigilance which is the price of liberty must be exercised sometimes to guard against outside foes, although, of course, far more often to guard against our own selfish or thoughtless shortcomings. It is our duty to remember that a nation has no more right to do injustice to another nation, strong or weak, than an individual has to do injustice to another individual; that the same moral law applies iu one case as in the other. But we must also remember that it is as much the.duty of the nation to guard its own rights and its own interests as it is the duty of the individual so to do. Until some method is devised by which there shall be a degree of international control over offending nations it would be a wicked thing for the most civilized powers, for those with most sense of international obligations and with keenest and most generous appreciation of the difference between right and wrong, to disarm. If the great civilised nations of the present day should completely disarm, the result would mean an immediate recrudescence of barbarism in one form or another. Under any circumstances a sufficient armament would Have to be kept up to serve the purposes of international police, and until international cohesion and the sense of international duties and rights are far more advanced than at present a nation desirous both of securing respect for itself and of doing good to others must have a force adequate for the work which it fei Is Is allotted to it as its part of the general woi'ld duty. Therefore it follows that a self respecting, just and farseeing nation should on the one hand endeavor by every means to aid in the development of the various movements which tend to provide substitutes for war. which tend to render nations in their actions toward one another an I indeed toward their own peopli-s more responsive to tiie general sentiment of humane and civilized mankind, nnd, on the other band, that it should keep prepared, while scrupulously avoiding wrongdoing itself, to repel any wrong and in exceptional cases to take action which in a more advanced stage of international rel.; tious would come under the head of the exercise of the international police, Arbitration Treutlen, We are in every way endeavoring to help on, witli cordial good will, every movement which will tend to bring tts into more friendly relations with the rest of mankind. In pursuance of this policy I shall shortly lay before the sen ate treaties of arbitration with all pow era which are willing to enter into these treaties witli us. It is not possible at this period of the world's development to agree to arbitrate all matters, but there are many matters of possible difference between us and other nations which can be thus arbitrated. Furthermore, at tlie request of the in terjiarliamentary union, an eminent body composed of practical statesmen from all countries. I have asked the powers to Join with this government iu a second Hague conference, at which it is hoped thnt the work already so happily begun at The Hague may be carried some steps further toward completion. This carries out the desire expressed by the first Hague con- ! fercm-e itself. Potter Toward Other Xntlons of Western Hemisphere. It is not true that the United States feels any land hunger or entertains any projects ns regards the other na- ! tlons of the western hemisphere save such a* are for their welfare. All that ' this country desires Is to see tint neighboring countries stable, orderly and prosperous. Any country whose people conduct themselves well can count u|M>n ’ our hearty friendship. If a nation ■bowl that it knows how to act with reasonable efficiency and decency I, ao- , clsl and political matters, if It keeps f o-der and pays Its obligations, it need ( fear no interference from the United ( States. Chronic wrongdoing or nn Im- ( potenee which results in a general looa- ( enlng of the ties of civilized sisdety ( tuny in America, ns elsewhere, ultit mutely require intervention by some civilized nation, nnd In th? western hamlsphcre the adherence of the Unitt e<l S'ntos to the Monroe doctrine may t force t'.ie United States, however re !, luctanlly, In flagrant cases of such t wrongdoing or Impotence, to the ever u else of nn International police power. s Richta of American Cltlsene Abroad. It la neeossnryforusfirmlytnlnalHt upon the rights of o tr own citizens abroad a without regard to their creed or rare--1 without regard to whether they were

| boru here or born abroad. It has proved very difficult to secure from Russia the,rlght for onr Jewish fellow citizen to’ receive passports and travel through Russian -territory. It is a wrong against which we are eutitled to protest to refuse him his passp.ort without regard to his conduct and character, merely on racial aud religious grounds. The Navy. The strong arm of the government in enforcing respect for its just rights in International matters is the navy of the United States. I most earnestly recommend that there be no halt iu the work of upbuilding the American navy. We have undertaken to build the isthmian canal. We have undertaken to secure for ourselves our just share in the trade of the orient. We have undertaken to protect our citizens from Improper treatment in foreign lands. We continue steadily to insist on tlie application of the Monroe doctrine to the western hemisphere. Unless our attitude in these and all similar matters is to be a mere boastful sham we cannot afford to abandon our naval programme. Our voice is now potent for peace and is so potent because we are not afraid of war. But our protestations upon behalf of peace would neither receive nor deserve the slightest attention if we were impotent to make them good. The Army. Within the last three years the United States has set an example in disarmament where disarmament was proper. By law our army is fixed at a maximum of im.tXiO nnd a minimum of GO.COO men. When there was insurrectl >n in the Philippines we kept the army at the maximum. Peace came in the Philippines, and now our army ha been reduced to the minimum at which it is possible to keep it with due regard to its efficiency. We should be able, in the event of some sudden emergency, to put into the field one first class army corps, which should be, as a whole, nt least the equal of any body of troops of like number belonging to any other nation. Great progress has been made in protecting our coasts by adequate fortifications with sufficient guns. We should, however, pay much more heed than at present to the development of nn extensive system of floating mines for use In all our more Important harbors. These mines have been proved to be a most formidable safeguard against hostile fleets. The Philippines. In the Philippine Islands there has been during the past year a continuation of the steady progress which has obtained ever since our troons definitely got the upper hand of tl.e insurgents. The Philippine i>eople. or, to speak more accurately, the many tribes and even races sundered from one another more or less sharply who go to make up the people of the Philippine Islands, contain many elements of good, and some elements which we have a right to hope stand for progress. At present they are utterly incapable of existing in independence nt all or of building up a civilization of their own. I firmly believe that we can help them to rise higher and higher in the scale of civilization and of capacity for self government, and I most earnestly hope that in the end they will be able to stand if not entirely alone, yet in some such relation to the United States as Cuba now stands. This end is not yet in sight, nnd it may be indefinitely postponed if our people are f tolisli enough to turn the attention of the Filipinos away from the problems of r chic. Ing moral and material prosperity, of working for a stable, orderly and just government. an 1 toward foolish and dangerous fnt Igues for a complete independent e for which they are as yet totally unfit. • On the other hand, our people must keep steadily before their minds the fact that the justification for onr stav In the Philippines must ultimately rest chiefly upon the good we are able to do in the islands. I do not overlook the fact that in the development of our interests in the Pacific ocean and along its coasts the Philippines have played and will play an important part and thnt our interests have been served in more than one way by the pos session of the islands. But our chief reason for continuing to hold them must be thnt we might In good faith to try to do our share of the world's work, nnd this pnrticulnr piece of work hus been imposed upon us by the results of the war with Spain. We are endeavoring to develop the natives themselves so thnt they shall take an ever increasing share in their own government. nnd. as far ns is prudent, we nre already admitting their representatives to a governmental equality with our own. There are commissioners, judges nnd governors In the Islands who are Filipinos nnd who have exactly the same share in the government of the Islands ns have their colleagues who nre Americans, while in the lower ranks, of course, the great majority of "‘‘ :vnn ’" nr* Filipinos Mlthln two years we shall be trying the experiment of Rn elective lower ,' n ,h ‘‘ Philippine legl.lntnre. If the FHlpin >s M with wisdom nnd self restraint, if they show that thev are rapablo of electing a legislature which Lna'Li".™ ? Cnp,bl * ot tak <"K » B»ne .nd efficient pnrt In the actual work of f O e^n’ rn^? t 1 ,h * y CRn r *' t •"""red that • full nnd increasing measure of recognition will be given them. ™* nßnr * eonrernlng the lands should be taken primarily with ’ . ,77° ' r We Should on t < ■ K *“ ,,n low,r tnrlff ™ thrlr exports to the United States, f this is not done It will he a wrong to extend our shipping laws to them In.Ttmr’?< ?° P * fOr tb * now n i< n,T Os ,h * '*«>Mntlon eaffitniT n * ? *‘ ncoU!,M « e American apltn to seek Investment In the is. lands m railroads. | n factories, in plan- | Rn 'l In lumlwrlng and wlulug