Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1902-11-27
GERMANY FACING
A LARGE DEF ICIT
MORE THAN TWICE AS LARGE
AS THAT FOR 1902.
STATES MUST BEAR BURDEN
Increase of Imperial Revenues Is Prob
able-Beer and Tobacco Taxes to
Be ncreased-Governmen Woulu
Pension Widows-Financial De-
pressions AFFECTING Business.

Berlin, Nov. z2.-In the reichstag
yesterday, Secretary of the Treasury
Baron Won Thielmann announced a
deficit in the imperial budget Tor 1908
estimated at sol 100000. The deficit
for 1902 is S14,750,000. 1t would not
DO, the secretary said, to lie always
providing for deficits by loans, nor
could the contributions of the federat-
ed states be increased. Nevertheless,
it was probable the state would ulti-
mateiy have to bear the deficit. He
favored increases OF the imperial
revenues so as to balance the expendi-
lures. In beer and tobacco he saw
suitable OBJECTS tor increase taxation
Baron Won Thielmann also intimated
, that the government intended as soon
as practicable to propose a pension for
widows and orphans. he was unable
to say how much such pensions would
be an extension of the state insurance
laws and treasury burdens, but the
suggestion was made that S25 per per-
son yearly would be insufficient. AS
Stunning $50 as enough, it would take
S40,00O,000. 1t is impossible to say
how much the government tariff bill
would yield, but a mere mechanical
estimate, based on the present i'm
ports, showed Inat the customs re-
ceipts would increase to $4,000, 900.
The supporters of commissions
tariff schedules thought a total of
$Iz5,0Uu,000 would be derived. Secre-
tary Won Thielmann mentioned consid-
erations that reduced the estimate
largely.
The secretarys hint that the gov
eminent was meditating pensions for
widows and orphans, caused a stir
among the members, because it is one
OF the things that the socialists advo-
cate. The deficit is result of the fl
nancial depressions which still affect
almost every form of business, limit
ing the purchasing power of every
class. While there mas been no large
failures recently, various symptoms
of continued hard times appear. At
the Krupp works of 10000 laborers had
time reduced two hours daily ana
some departments are shutting down
each week. The empire collects no
beer tax, that heretofore was left TO
the state, whose rates vary. The prin-
cipal reason which deferred the lay
ing of imperial tax on beer was that
it would disturb relations with Ba-
varia, which relies a great deal on it's
beer tax. which is still enough to per-
NIT Bavaria to sell largely to outside
states.
The additions of beer and tobacco
taxes are certain to be unpopular
Chancellor Won Buelow is holding fire.
quent conferences with representa-
tives of parties seeking to break the
opposition to the governments tariff
schedules, but so far without decisive
results. The majority of the parties
have appointed committees to keep in
touch with one another, so the chan
cellor must deal with the majority as
a compact whole and not with individ-
ual groups.
White Gives Musicale.
Berlin. Nov. 22.-Ambassador and
Mrs. White gave musical entertain
ment yesterday afternoon at which
Chancellor Won Buelow, foreign Office
officials, cabinet ministers and mem
hers of the diplomatic corps were
present. Alma Stencil, an American