THE UNITED STATES.

Star (Christchurch), Issue 9222, 29 April 1908, Page 2

THE UNITED STATES.

WITHDRAWAL OF GOVERNMENT DEPOSITS. NAVAL APPROPRIATION BILL. PRESIDENTIAL MESSAGE. United Press Association— J.y Eleotrio Telegraph— Copyright. ' (Received April 29, 8.18 a.m.) NEW YORK, April 28. Mr Cortelyou will withdraw from, the National Banks 45 million dollars of Government deposits, half on May 9, and the remainder on May 23. The Senate by 50 votes to 23 again defeated the Naval Appropriation Bill, after it had been amended by President Roosevelt's desire to provide for four battleships. President Roosevelt's message to Congress urges in the strongest terms legislation limiting the use of injunctions in the case of labour disputes, and also legislation increasing the power of the National Government to regulate the inter-state business of the great corporations. Mr Roosevelt protests against the growth of class consciousness, declaring that the abuse of the process of injunction by employers must breed class consciousness, and, therefore, class resentment. While condemning the demagogue who preaches envy of wealth, Mr Roosevelt caustically remarks that his counterpart is the hard and 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.