The Pioche weekly record. [volume] (Pioche, Nev.) 1906-1908, 1908-09-05
FALSE CHARGE OF
extravaganza
Scrutinizing with Microscope to
Pick Flaws in Republican
Record. II
Actual Figures Show Increased Ex.
penditures Of Government Con-
sistent with Growth of
Country.

kHIom Wv huBneA lOunBSlOWn SpeecQ.l
Theoretically corked uD on the old is
sues of free silver. Imperialism and
government ownership of railways, Mr..
Bryan is scrutiniZing the record of Re
publican administration during the
past twelve years with microscope to
lind some peg on which to hang an at
tack. 1t would not be altogether sur
prising if a party which had done so
much in this period to advance the
glory and economic progress OF the
country had made a casual error here
and there. These twelve years have
witnessed the war with Spain, which
gave freedom to Cuba and Porto Rico
and brought the Philippines under
American authority. They have wit
messed the emergence of the country
from depression and financial uncer-
tainty upon the firm ground of the gold
standard, enacted into law by a Re
puDican Congress. They have witness
ed the erection of a navy which is car
rying orr flag with honor around the
world. They have witnessed the ex-
tension of the strong hand over the
railways and the great corporations in
behalf of equality of treatment for all
citizens. In sum and substance, these
twelve years have witnessed for the
average man a degree of prosperity and
comfort never before equaled under
any flag in any country since the world
began.
COrteIyOu Punctured Charges.
In picking flaws in this record Mr..
Bryan has taken upon himself to criti-
else the appropriations of the last Con-
gress and to make the declaration that
there was deficit of some $60,O0O0O0
in the last fiscal year" If Mr.. Bryan
knows what he is talking about. this
reference to a deficit is amazingly dis
ingenious Secretary Cortelyou pune
tured this particular Bryan gas-bag eff
fectlvely soon after the fiscal year
closed on June 80. He issued state
ment showing that when the proceeds
of bonds sold were added to the re-
ceipts from taxation and miscellaneous
sources, and allowance was made for
the reduction of the public debt, there
was no deficit, but surplus. The APP
pearance of a deficit was only arrived
at by counting all expenditures for the
Panama Canal and other public works
and failing to count on the side of the
receipts the proceeds of the bonds sold
for the construction of the canal. 1t
is the custom in nearly every other civ
ilized government to issue bonds for
all public works, but so large have
been the receipts of the treasury of the
United States that 1t has been the GUS
ments of capital out of current receipts.
1t is bad system of bookkeeping and
Secretary Cortelyou has announced
that he proposes to correct it. 1t
might have been pardonable for "the
man in the street" to be misled by the
present form of treasury statement. 1t
is not pardonable on the part of a man
who pretends to be student of public
questions. Mr.. Bryan must either con-
tess himself a stupid novice in regard
/
seeking to mislead the people as to
the facts.
General Economic Activity.
The tremendous expansion of mill
tary and economic activity throughout
the world has undoubtedly led to q
volume of expenditures which calls
for serious consideration. In Germany
1t became necessary last spring to issue
a large loan to cover ordinary expendi-
lures and to consider every possible
means of increasing taxation. In
France the ministry even pressed
through the Chambers the dishonest
proposition to tax the coupons of the
public debt, thereby taking back from
the citizen in taxes what it had prom
Used to pay him in interest when he
loaned his capital In Great Britain
changes in the rate Of the income tax
afforded ready means of adjusting
income to expenditures, but the burden
falls heavily first upon the small shop
keeper and is shifted by him largely to
the masses whom he supplies with
daily necessities In all these countries
! substantially all public works of per
, manent character, whether great or
small, are charged to special accounts
and are not permitted to cucumber the
, statement of operating expenses or to
| add to the weight of taxation on ac,
4 count of their principal.
: what Would Bryan Wipe Oute
f Secretary Cortelyou has already an
e nounced that he is having the system
: of bookkeeping at the Treasury over
8 hauled and modernized. All admins
t trations in the United States are pre-
$ vented from applying the pruning knit,
n resolutely to expenditures, because
| there is not the complete control of tn,
t budget by a single minister which pre-
walls in Europe. Some steps in thi
direction should undoubtedly be taken
e but few voters are likely to be mislet
n as to the relative efficiency and intelli
t gence in taking such steps which woult
/ be shown by Bryan administration
}. on one hand or Republican admins
), tration headed by Mr.. Taft on the 9th
err.