Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-12-31
The Majority in Congress is Be-
coming Alarmed at Treas
ury Outlook.
RETRENCHMENT is WANTED.
Committees Co Keep appropriations
DoWn--SchcmC~ tor Relieving
~triugcuyN


Washington Da. 800 g.. Mr. Tavu.y.
chairman off tf, Hou-, appropriations
committee. has u. bearings correctly
Congress is mot going tn order during
this session the construction of amy
additional batuc-hips for the Amsri-
can navy. AZ least that is the way tho
Aiinnesotau is talking now. True. tho
regular appropriations committee docs
not prepsre the bin for Che enlargement
of tho navy. FOR since former Repre-
sentative Morrison of Illinois riupec zap
the old plan of doing yhings 100 the
house prior to 1855 the naval affairs
committee has the power to aprropn-
ate outright. Tho members of that come
mittpo. as a rule. appear Co favor th"
building off ships ON large scale. and
the shirbuildiuE concerns of the country
can hc depended upon 90 bring Co bear
every influence possible to go ahead
instead of uatrench in that lime.
DETERMINED UPON ECONOMY.
Republican leaders m Congress who
have the fun responsibility for Iagisla-
ton ON their shoulders have already
been iu close communication with treas
ury officials and receipts are falling on
500 heavily as a result of the etriuEcuCy
iu the money market that it DIS feared
% startling deficiency iu the government
revenues viii be- faced right iu the
midst of the presidential campaign next
year ON this account the powerful
men who control legislation ar Wash
iugtou seem determined To- put the
brakes down wherever &c is possible. so
that the Democrats VIII ont be furnish
90 with material FOR successful attacks
upon the Republicans when the voters
viii have TO- pass upon the record made
boy this Congress.
LARGE EXPORTS GIVE HOPE
The exports OF commodities are now
greatly iu excess of the imports. ace
cordinR 10 the latest figures sent out by
the treasury officials This condition.
If e continues VIII nh the souls of the
Republican managers I'm Congress with
hope. II will bring ultimately many
millions of dollars from abroad and
go far toward reducing the Threatened
deficit that most experts fear cannot be-
averted at the end OF the present fiscal
year
FOR RELIEVING STRTNGENCY.
Representative HIN OF Connecticut
one Of the leading minds on the house
ways and means committee. has been
financial stringenCy, but as yet he Is
not sanguine that his views VIII meet
the approval Of his fellow Republicans.
Mr.. HIN thinks that too great a volume
OF actual money "a paid out TO the gov
eminent employees drawing the larger
salaries. He wishes to devise some
scheme by which the depository banks
could put Up bonds as security and
issue in each city paper that would
nav the froyarnmeut ueonle and not
have TO call upon Washington and the
various subtreasuries for such big
amounts of ready cash. In other words,
the scrip or certificates would readily
pass as currency IN an Of the cities.
A serious objection TO this serene ad-
vanced by several Republican con-
gressmen IS that Il would make the de-
pository banks practically govern
ment disbursing officers. and a. is
feared the country would not stand Tor
this. Such propositions only go 20