Newspaper Page Text
L 44 .' NO. 60
SHISSIONERS
OLD A BUSY
(session OF IT.
nnty commissioners met.
session Tuesday and
par considerable amount
ed a the most of
B53, although
'a routine nature,
the members were pres
Chairman J. Z. Johnson
over the meeting.
iber of road matters came
jusideration and action on
s deferred until the next
j previous meeting a num
a d overseers were appoint
t the last meeting and the j
'com pleted by the appoint¬
ee following gentlemen :
field district—C. H. Har
Store district—B. M.
district—J. C. Hays.
iers district—R F. Dick
jjrn district—Emett Rob
erk of the board was in¬
to notify all those who
appointed so that they
ke bond and receive in
is.
erseers are to report aii
roads and bridges to the
ir: to report defaulters
semi-annual reports on
aber.
ad tax was placed at $2 a
lyabie one dollar in the
nd the remainder in the
ight days work,
rerseers are ta receive as
D j r cent of their collec
ard declined to grant a
from Oxford to the main
Mrs. Newt Berry’s,
ard decided to sell three i
ounty mules and pur
ir others, and Commis-!
ohnson, Gibson and Al- 1
: empowered to make the
;
)ard passed number of. I
a
i issued an order thal
all bills against the
aust be presented to the
the first of the month to l
d before the meeting of
;
:
d Mrs. W. M. Venable, of
spent a few days in the
aeek with Mr. W. F„.
and family. |
• H. Morton, who has
: guest of her daughter
J - Smith, returned to her i
Watkinsville last Mot -
I
der Uncle Sams Control .
Are You With Us
)' day brings new depositors to us
If you are not
‘kngwith us now, FALL IN LINE, join the crowd of de
js ME w e have and then you WILL KNOW YOU ARE DO¬
RIGHT THING. *• '
* Pont
)° Ur it money all in your pocket or lock it up at your home
is spent or lost, wonder who will accomodate
fith-ado : *oan. One dollar, or more starts an account and
acquainted with us and it is OUR BUSINESS to
0 die every friend who furnish uS good security.
can
See The Point?
" ^° u nothing to deposit your money with us, it is yours
you want it and we are
. AB0L Much Obliged to You
first r ' T THIS and then start an account WITH US at
a Pportunity, we are
Waiting For You!
R. E. STEPHENSON, Cashier.
ST NATIONAL BANK.
COVINGTON, GEORGIA
S3
The Enterprise
——:—;—-w. ,,, .. . j- . . , , , , ,
COVINGTON, GA., FRIDAY MARCH 5, 1909.
NATION'S NEW
»
President W. H. daft’s Inaugural Speech Delivered Yesterday Afternoon, and a View of the
President Taft and a
TIFT’S 1
ADDRESS
Outlines Policy of
Administration,
PRAISE FOR ROOSEVELT
Speech Begins Wilh Advocacy
ot Predecessor's Reforms.
MANY QUESTIONS TOUCHED.
taffling Present's IdCSS Gil
Trusts and Other Matters.
My Fellow Citizens—Any one who
takes the oath I have just taken must
feel a heavy weight of responsibility.
If not, lie has no conception of the
powers and duties of the office upon
which he is about to enter or he is
lacking in a proper sense of the obliga¬
tion which the oath imposes.
The office of an inaugural address is
to give a summary outline of the main
policies of the new administration so
far as they can he anticipated. I have
had the honor to be one of the ad
visers of my distinguished predecessor
and as such to hold up his hands in
the reforms lie has initiated. I should
be untrue t0 myself, to my promises
and to the declarations of the party
platform upon which I was elected to
office if I did not make the mainte
nance and enforcement of those re
forms a most important feature of my
administration. They were directed to
the suppression of the lawlessness and
abuses of power of the great combina
tions of capital invested in railroads
and in industrial enterprises carrying
on interstate commerce. The steps
which my predecessor took and the
legislation passed on his recommenda
tion have accomplished much, haA’e
caused a general halt in the vicious
policies which created popular alarm
and ha\’e brought about In the busi
ness affected a much higher regard for
existing law.
Further Action Needed.
To render the reforms lasting, how¬
ever. and to secure at the same time
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CORVRIGHT, t90a..BY PACH BROS..N.Y.
WILLIAM H. TAFT, TWENTY-SEVENTH PRESIDENT.
iteeaom rrorn alarm on the part of
those pursuing proper and progressive
business methods further legislative
and executive action are needed. Re¬
lief of the railroads from certain re¬
strictions of the anti-trust law have
been urged by my predecessor aud will
he urged by me. On the other hand,
the administration is pledged to legis¬
lation looking to a proper federal su¬
pervision and restriction to prevent ex¬
cessive issues of bonds and stocks by
companies owning and operating inter¬
state commerce railroads.
Then, too. a reorganization of the de¬
partment of justice, of the bureau of
corporations in the department of com¬
merce and labor and of the interstate
commerce commission looking to effec¬
tive co-operation of these agencies is
needed to secure a more rapid and cer¬
tain enforcement of the Iuavs affect¬
ing interstate railroads aud industrial
combinations.
I hope to be able to submit at the
first regular session of the incoming
congress in December next definite
suggestions in respect to the needed
amendments to the anti-trust and the
interstate commerce law and the
changes required in the executive de¬
partments concerned in their enforce¬
ment.
“Good and Bad Trusts.”
It is believed that with the changes
to be recommended American busi¬
ness can be assured of that measure of
stability aud certainty in respect to
those things that may be done and
those that are prohibited, which is
essential to the life and growth of
all business. Such a plan must include
the right of the people to avail them¬
selves of those methods of combining
capital aud effort deemed necessary to
reach the highest degree of economic
efficiency, at tlie same time differenti¬
ating between combinations ' based
upon legitimate economic reasons and
those formed with the intent of .creat¬
ing monopolies and artificially •control¬
ling prices. V * •
The work of formulating into prac¬
tical shape such changes is creative
work of the highest order and requires
all the deliberation possible in the in
•terval. I believe that the amendments
to be proposed are just as uecessfary in
the protection of legitimate business as
in the clinching of the reforms ‘which
properly bear the name of my prede¬
cessor. ’■
Revision of the Tariff.
A matter of most pressing impor
tance is the revision of the tariff, lu i
accordance with the promises of the
platform upon which I was elected. I !
shall call congress into extra session,
to meet on the 15th day of March, in
order that consideration may be Lt
once given to a bill revising the Ding- 1
ley act. This should secure an ado- !
quate revenue > and adjust the duties In !
such a manner as to afford to labor
and to all Industries iu this country,
whether of the farm, mine or factory,
protection by tariff equal to the differ
ence between the cost of production
abroad and the cost of production here
and have a provision which shall put
into force, upon executive determina¬
tion of certain facts, a higher or maxi
mum taTi«r against those countries
whose traoe policy toward us equitably
requires such discrimination, it is
thought that there has been such a
change in conditions since the enact¬
ment of the Dirgiey act, dr ifted on a
similarly protective principle, that the
measure of the tariff above stated will
permit the reduction of rates in certain
schedules and will require the ad¬
vancement of few, if any.
The proposal to revise the tariff
made in such an authoritative way as
to lead the business community to
count upon it necessarily halts all
those branches of business directly
affected, aud as these are most im¬
portant it disturbs the whole business
of the country. It is imperatively nec¬
essary, therefore, that a tariff bill be
drawn in good faith in accordance
Avith promises made before the elec¬
tion by the party in power and as
promptly passed as due consideration
will permit.
Inheritance Tax Advocated.
In the making of a tariff bill the
prime motive is taxation and the se
curing thereby of a revenue. Due
largely to the business depression
which followed the financial panic of
1907, the revenue from customs and
other sources has decreased to such
an extent that the expenditures for
the current fiscal year will exceed the
receipts by $100,000,000. It is impera¬
tive that such a deficit shall not con¬
tinue, and the framers of the tariff
bill must of course have in mind the
total revenues likely to lie produced by
it and so arrange the duties as to se¬
cure an adequate income. Should it be
impossible to do so by import duties
new kinds of taxation must be adopt
ed, and among these I recommend a
graduated Inheritance tax as correc*
in principle and as certain and easy of
collection.
Government Economy Urged.
The obligation on the part of those
responsible for the expenditures made
to carry on .the government to be as
economical as possible and to make
the burden Of taxation as light as pos¬
sible is plain and should be affirmed in
every declaration of government pol¬
icy. This is especially true when we
are face to face with a heavy deficit.
Hut when the desire to win the popu¬
lar approval leads to the cutting oft of
expenditures. really needed to make
the government effective and to en¬
able it to accomplish its proper objects
the result is as much to be condemned
as the waste of government funds in
unnecessary expenditure,
in the department of agriculture the
u se of scientific experiments on a. large
scale and the spread of information
derived from them for the improve
ment of general agriculture must go
on.
The importance of supervising busi
ness of great railways and industrial
combinations and the necessary inves
tigation and prosecution of unlawful
business methods are another neces
sary tax upon government which did
j ' not exist half a century ago.
j zzs “o
shall resource*far scjfaci t.Wc<'03crva$un they Ik* with
n:+ may
iu the jurisdiction of the federal gov
eTrtmrfff,•Including. th(» aiost itupoTtaut
work of saving and restoring our for
SUBSCRIPTION $1.00 PER YEAR IN ADV/NE
csts, and the great Improvement of wa¬
terways are all proper government
functions which must Involve large
expenditure if properly performed.
While some of them, like the reclama¬
tion of arid lands, are made to pay
for themselves, others are of Such an
indirect benefit that this cannot be ex¬
pected of them. A permanent im¬
provement, like the Panama canal,
should be treated as a distinct enter¬
prise and should be paid for by the
proceeds of bonds, the issue of which
will distribute its cost between the
present and future generations in ac¬
cordance with the benefits derived. It
may well be submitted to the serious
consideration of congress whether the
deepening and control of the channel
of a great river system like that of the
Ohio or of the Mississippi when defi¬
nite and practical plans for the enter¬
prise have been approved and deter¬
mined upon should not be provided for
in the same way.
Then, too, there arc expenditures of
government absolutely necessary if our
country is to maintain its proper place
among the nations of the world and is
to exercise its proper influence in de¬
fense of its own trade interests in the
maintenance of traditional American
policy against the colonization of Eu¬
ropean monarchies in this hemisphere
and in the promotion of peace and in¬
ternational morality. I refer to the
cost of maintaining a proper army, a
proper navy and suitable fortifications
upon the mainland of the United
States and In its dependencies.
The Army and Navy.
We should have an army so organ¬
ized and so officered as to he capable
in time of emergency in co-operation
with the national militia and under
the provisions of a proper national
volunteer law rapidly to expand Into
a force sufficient to resist all probable
invasion from abroad and to furnish a
respectable expeditionary force, if nec¬
essary, in the maintenance of our tra¬
ditional American policy which bears
the name of President Monroe.
Our fortifications are yet in a state
of only partial completeness, and the
Continued on page two.
BEST AND STRONGEST
IF YOU WANT FIRE INSURANCE READ OUR LIST.
./Etna
j Liverpool, London and Globe
Western
1 Hamburg-Bremen
Foremen's Fund
Continental
: Phoenix of Brooklyn
j
WE WANT YOUR BUSINESS
Turner & Simms
OFFICE AT BANK OF NEWTON COUNTY
R E. EVERITT
DEALER IN
Furniture, Undertaking Goods I
Funeral Director, Embalming j
Buggies and Harness
Pianos and Organs f
Lowest Prices on Everything J t
in my line. p
R. E- EVERITT rt *
COVINGTON, GEORGIA
T _'jAi .4
XXH c want **”• ■•■<!*+ vo ur
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ENDOWMENT
FUND RISING
* VERY RAPIDLY
The endowment fund of Eraoiy
college grows apace under tn & wor,
dert'ul direction and work ©f PreeU
den". James FT Dickey.
Cast Sunday Dr. Dickey preach¬
ed at Blakeley, and placed the
claims of the college before his
congregation and as a result of his
effort three thousand dollars were
subscribed at the service.
The total amount now raised bv
Dr. Dickey is $150,000, which is
just half of the total sum which is
to be raised for the endowment of
the college, and all of which has
been raised since the beginning of
the fall.
Dr. Dickey has raised $10,400
for the month of February and he
hopes to far exceed this amount
during the present month.
The success of his work shows
the wisdom of the college trustees
in placing it in his hands, With
him it is a labor of love us well as
duty, for no head of the college
ever loved Emory more devo'edly
than Dr. Dickey, and this with his
wonderful ability in reaching the
hearts of the people lends addi¬
tional power to his efforts.
Kills Would-Be Slayer.
A merciless'murderer is Apper
dicifcis with many victims Bur.
Dr. King’s New Life Pills kiil u
by prevention. They gently stimu
late stomach, liver aud bowels,
preventing that clogging that it
vites appendicitis, curing Const t
pation, Biliousness, Chills, M il«ru
Headache and Indigestion. 25c at
C. C. Brooks & Geo. T. Smith
Mrs. G. O. Lambert, of Oxford,
was in the city Monday.
