I transmit herewith, for the information of the Congress, the fourth annual report (with appendices) of the governor of Porto Rico, covering the period from July 1, 1903, to June 30, 1904.

I transmit herewith a report from the Secretary of State covering statements showing the receipts and disbursements of the Louisiana Purchase Exposition Company for the months of March, April, May, June, July, August, September, and…

Such prosperity is of course primarily due to the high individual average of our citizenship, taken together with our great natural resources.

The National Government alone can deal adequately with these great corporations.

The safety-appliance law, as amended by the act of March 2, 1903, has proved beneficial to railway employees.

Constant care should be taken to guard against unnecessary increase of the ordinary expenses of government.

The eternal vigilance which is the price of liberty must be exercised.

It is a mere truism to say that every nation, whether in America or anywhere else, which desires to maintain its freedom, its independence, must ultimately realize that the right of such independence can not be separated from the…

They are not against the rich man any more than against the poor man.

Many times peoples who were slothful or timid or shortsighted, who had been enervated by ease or by luxury, or misled by false teachings, have shrunk in unmanly fashion from doing duty that was stern and that needed self-sacrifice.

The cost of doing Government business should be regulated with the same rigid scrutiny as the cost of doing a private business.

Wage-workers have an entire right to organize and by all peaceful and honorable means to endeavor to persuade their fellows to join with them in organizations.

It is an absurdity to expect to eliminate the abuses in great corporations by State action.

They have under no circumstances the right to commit violence upon these, whether capitalists or wage-workers, who refuse to support their organizations, or who side with those with whom they are at odds.

There should be severe child-labor and factory-inspection laws.

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.

The Nation continues to enjoy noteworthy prosperity.

In the matter of speed and comfort of railway travel our railroads give at least as good service as those of any other nation.