New-York tribune., 1908-11-13
TAFT HAS M1NY PISITORS.
Sherman and Yard Among Them
Bmketfs Financial Plan.

Hot Springs. Va, Nov. 12-President-elec
Taft was joined here to-day by Vice President
eject Sherman, who said he had come to the
Virginia mountains to rest and play for week.
He met Mr.. Taft on the veranda of the Home
stead Hotel and the two exchanged cordial
greetings.
Come up to the cottage and see any
time" said Mr.. Taft after the two had chatted
briefly
81 will do It. and be glad to-" replied Mr..
Sherman
But the Vice-President- spent the after
noon in game of golf with william l. Ward,
national committeeman from New York, and
the call was not made to-day.
While no definite engagement has been made
for a game on the links between the two men
who are to head the next administration, each
has expressed wish TO play the other, and the
game may take place tomorrow.
Mr. Sherman said no matters of state had
brought him here. He was taking a weeks
rest and came here at the suggestion of Mr..
Ward. The son and daughter OF the Vice Pres-
dent-eect accompany him
Representative Theodore f. Burton, OF Ohio
came the midnight train last night and will
remain here ten days. Senator Burkett, OF
Nebraska, spent the day here. He came for the
purpose Of discussing coming legislation. Mr..
Burlzett said he found Mr.. Taft in favor of
session Of Congress. He laid before the Presi-
dent-elect plan for legislation authorizing a
bond issue to pay for permanent public i'm
provements.
Senator Scott, of West Virginia, and Mrs
Scott came to spend some time. as did Senator
Jonathan Bourne of Oregon. Senator Scott is
in favor of immediate tariff revision. He said
to-day he believed IL could be accomplished at
the short session of Congress, to begin next
month.
All the visitors doubtless will talk with Mr.
Taft. but the President-elect said tonight that
so far he knew. he would not be called upon
TO make any important plans for the future for
some time to come. He still insists that this
for him is vacation time, and matters of state
he desires TO avoid.
BURKETT FAVORS BOND ISSUE.
What Senator Burkett told Mr.. Taft regarding
the financing of government operations was ex-
planned by him in this manner:
Il would favor" he said, ''the government TAX
ing up it's internal development in well
planned, comprehensive way, and beginning
work on II just as methodcally as we have on
the Panama Canal, or as have on our irriga-
tiOn project, and issuing bonds from time to
time TO meet the expenses of it. Our country
is getting larger and the necessary current ex-
penses increasing all the time while our
sources Of revenue are diminishing Our public
lands are pretty well all disposed 'of; the legis-
laton in many of the states has tended to de-
crease our internal revenues; about to
revise the tariff, and, undoubtedly it should
be- it will be downward and some things that
have paid duty will be put the free list
our interest charge the public debt is not
very large now, and could borrow enough
money to carry this work and still have our
annual interest charge very low in comparison
with most Of the other nations Of the world The
people want more public buildings; they want
river and harbor improvements; they want an
internal waterway system developed; they want
our military posts built up as to be habitable
And 1 take ii that they willing that the
government should do as any individual would
do, or as any business concern would do-borrow
the money FOR these great undertakings just as
did when the Panama Canal was started"
Mr.. and Mrs. Taft were guests of honor to-
night at a dinner at the Homestead Hotel given
by Mr.. and Mrs D. a Holmes, of Kentucky.