Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-14
NO MONEY FOR ARTS
The Enormous Cost of Czar''
War Department Cripples
Russian Schools
MINISTER WHITES STATEMENT
Until Universal Peace Is Assured, the
Cost of Maintaining Armaments and
Building War Ships Will Preclude
Expenditure Of Adequate Amount for
Education in Russia.


Education in Russia.
st. Petersburg, Jan. 4.-Regret thai.
the enormous cost of keeping UP arrna-
ments, building warships, and main
tanning a great military establishment
make impossible the expenditure of an
adequate amount of money for educa-
ton and the arts was expressed In
the statement of Prime Minister White
in submitting the budget for 1903 to-
day.
Until universal peace is assured, the
prime minister held, it will be the
same story, and the best things of life
will have to take secondary place wht!e
money is spent in preparation for
war.
Minister Witte said he felt in duty
bound TO discuss the demands which
repeatedly reached the car for re-
duction in or the abolition of GER
tain taxes, and his regrettable inability
to satisfy the pressing demands FOR
Increased appropriations for education
and similar purposes
From an economic and humanitar-
ian viewpoint" said Minister White,
1T is to be regretted that mankind is
not imbued with the high ideals of
hp H.
edged that we are in the grip OF an
iron law which DEGREES that the re-
auirements of culture may be satisfied
only from what remains after the eN-
penditures for the defense of the coun-
try
Minister Whites attitude in the mat
ter of the Russo American dispute re-
garding sugar bounties has not beer
changed by the decision of the United
States supreme court of Jan. ., that
the money paid by the Russian govern
ment on sugar exported Is bounty
Inquiries on this subject have been
answered by references to the Anglo
Russian correspondence.
The budget estimates the ordinary
revenue at s94S.516,33s, the ordinary ex-
at sS.3l3,724, and the extraordinary eN-
penditures at $95,631,1 21. The latter
item will be met by the foregoing sur
plus, the extraordinary revenue Of ST.
100000, and the treasury reserve of
$SO,O67.S97. Among the extraordinary
expenditures is $10,460,511 for the
building of the Siberian railway and
S72.597,29O for the building Of other
railways
Minister White, in his statement, says
he can give this year, for the first time
in a long period, assurance that the
general conditions of Russian economy
show evident signs of changes for the
better Among these may be mention-
ed the harvest for 1902, when the high
est yield of grain in ten years was OBJ
tanned. the yield exceeding the average
for the last ten years by u per cent.
M. White comments also upon the i'm
proved condition of the money market,
but says that the perfect equilibrium
between the supply and demand of cap-
ital has not yet fully been restored.
Exports Show Gain.
The value of Russian exports in 1902
exceeded the value of the imports by
S15O,000,OOO and was greater than In
any year during the last decade. The
preponderance of exports favorably at
fected the gold reserve in the Imperial
bank and the treasury.
Minister White spoke encouragingly
of the present status of the mental in
dustry, which, he said, would soon sat
isfy the popular demand for native iron
at low prices. He declared that several
of
ton and for the repeal of certain taxes
were contemplated.
The budget shows that the expendi-
ture has almost doubled In the last ten
years and that the vodka monopoly fur
nishes revenue amounting to $13,450,-
0O0
The estimates provide for enormous
increases in the expenditures on ac-
count of the navy, railway and ship
building over 1902.
Gold Increases.
Among the other points brought out
in Minister Whites speech was that the
official rate of discount was 4 " per cent
last year, as compared to z per cent in
1898; that the deposits on current ac-
count in the joint stock banks amount
to $336,0O0,000. the record for the last
five years; that securities are adyan-
cling, and that the country's stock of
gold has increased $70,000,000, fully re-
coupling the former losses. Minister
White, however, does not attach any
particular Importance to this increase.
Regarding the stability of the currency
Minister White said this had been suffi-
GENTLY tested by experience.
AS a partial offset to the foregoing
conditions the minister said he was
compelled to note the continued depres-
sion in certain branches of industry;
the abrupt decline in prices, notably In
metals, and the continued decline in the
output of pig iron. He said he regarded
the slight decrease in the output ac-
complaining the much lower prices for
pig iron as proof that the future of the
ircn industry is assured, altho some
weak companies would disappear.
Walkout Is Imminent.
Omaha, Neb., JAN IA crisis is at
hand in the Union Pacific machinists'
strike, and If the company attempts to
break the strike by bringing in new To-
4 ~ .%v.