AMERICAN AFFAIRS.

Rangitikei Advocate and Manawatu Argus, Volume XXXIII, Issue 9132, 29 April 1908, Page 5

AMERICAN AFFAIRS.

Press Association. —Copyright. Received April 29, 8.54 a.m. New York, April 28,

Mr Cortelyou withdraws from the National Banks 45 million dollars of Government deposits, half on May 9th and the remainder on the 2Brd. The Senate by 50 to 23 again defeated the Naval Appropriation Bill, after it being amended by President Roosevelt’s desire to provide fourbattle ships.

ROOSEVELT AND TEE TRUSTS

President Roosevelt in a message to Congress urges in tire strongest terms legislation limiting the use of injunction in the case of labour disputes, also legislation increasing the power, of the National Government to regulate the Interstate business of great Corporations. President Roosevelt protests against the growth of class consciousness, declaring that abuse of the process of iujunctious by employers must breed class consciousness and therefore class resentment. While condemning the demagogue who preaches tits envy of wealth, President Roosevelt caustically remark 8 that his counterpart is the hard cruel multi-millionaire who is the least enviable and the least admirable of citizens, whose son is a fool and his daughter a foreign princess.