. Conservation. Forests and forestry. 186 FORESTRY AND IRRIGATION April off their, rivals, the waterways. But, with the failure of the railroads to do the business which they have thus mon- opolized, for the people of the country longer to put up with such a situation would reflect seriously upon their ca- pacity for self-government. That the President was not serious- ly influenced by the reactionary and as- tounding speech made by Speaker Cannon at the banquet of the Nation- al Wholesale Lumber Dealers' Asso- ciation, elsewhere discussed, is shown by the following passage: "The Congress
. Conservation. Forests and forestry. 186 FORESTRY AND IRRIGATION April off their, rivals, the waterways. But, with the failure of the railroads to do the business which they have thus mon- opolized, for the people of the country longer to put up with such a situation would reflect seriously upon their ca- pacity for self-government. That the President was not serious- ly influenced by the reactionary and as- tounding speech made by Speaker Cannon at the banquet of the Nation- al Wholesale Lumber Dealers' Asso- ciation, elsewhere discussed, is shown by the following passage: "The Congress should recognize in fullest fashion the fact that the sub- ject of the conservation of our natural resources, with which this Commission deals, is literally vital for the future of the ; Following our extended editorial on ^'Some Mcious Legislation/" Forestry AND Irrigation hastens to chronicle the following additional executive dec- laration regarding these monopolistic bills: "Numerous bills granting water- power rights on navigable streams have been introduced. None of them give the Government the right to make a reasonable charge for the valuable privileges so granted, in spite of the fact that these water-power privileges are equivalent to many thousands of acres of the best coal lands for their production of power. Nor is any defi- nite time limit set, as should always be done in such cases. "I shall be obliged hereafter, in ac- cordance with the policy stated in a re- cent message, to veto any water-power bill which does not provide for a time limit and for the right of the Presi- dent or of the vSecretary concerned to fix and collect such charge as he may find to be just and reasonable in each ; The fact that the President would veto such legislation is reassuring, but for the fact, elsewhere suggested, that it may come in the shape of a rider up- on the agricultural appropriation bill. It ought to be possible for an execu- tive, Fe
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