The morning journal-courier., 1908-07-29
and yet denounce the expenditures ncc' essary to give 1t effect.

and yet denounce the expenditures ncc- essary to give It effect.
 Charge of Deficit.
 Again, 1t charges that deficit of sixty millions of dollars between the receipts and expenditures during The fiscal year ending Juno 90, 1908, occur red As explained by the secretary of the treasury, at least half of this deiloit Is only an apparent one, The falling off in receipts was, of course, occasion ed by tho unusual panic, but there Is ample free money In the treasury to meet the difference, and the difference Itself Is not half of it properly deAicit, because involved In 1t was tho retire. ment of some thirty-three millions of the bonds of tho government.
 During the past seven years Income and expenditures of the government have been nearly equal somo years showing surplus, and others, fewer In number deficit. Taking one year with another, including this year, there has been an average surplus. The sur plus last year, for instance. was great CT than tho deficit this year. so that, in fact, under the present administra- ton there has been no deficit but a surplus which Is actually In the treas ury.
 The democratic platform nowhere points out the expenditures which might be reduced or avoided. It would be found generally that to the increases which have occurred, democratic rep resentatives in congress made no oppo- sltion, but rather supported the meas ures providing them, and now the party has not the courage to indicate what part of government cost 1t would end. It joins the republican party specflcal- ly in approving the outlay of $l5OOOO,- 900 as pensions. It expressly favors also the cost of greatly increased river doubling the navy, and of many other enterprises to which 1t urges the gov ernment. It's attack. therefore. has nothing in 1t either of fairness or sin cerity.
 High Character nnd Efficiency of Ad- ministration.
 The truth Is that 1t Is known of all far minded men that there never has been an administration In the govern ment more efficiently conducted, more free from scandal, anl in which the standard of official duty has been set higher than In the present republican administration. which the democratic platform has thus denounced Il has had to meet the problems arising from the enormous expansion of government functions under new legislative meas- ures, as well as in the new depeuden- cles, and in the greatest constructive work of modern times, the Panama canal. and its members may well feel just pride fin the exceptional record for efficiency, economy. honesty and fidelity which it has made We may rely upon our record in this regard In an appeal 10 the American people
 for their approval.
 The foreign policy of this country
 under the present administration hat
 greatly contributed to the peace of Inc
 world. The important part the ad.
 ministratlon took in bringing about ar end of the -Japnnese war by q
 treaty honorableto both parties and tnt
 prevention of wars in Central America
 and Cuba are striking Instances of this
 The arbitration treaties signed with al
 the important nations of the worl,
 mark a great step forward in the dc
 velopment of the usefulness of I'm
 Hague tribunal The visit of Secrctlr. Root to South America emphasized ou
 friendship flor our slster republics
 which are making sucls strides in th
 south hemisphere and met with mos cordial and gratifying response iron
 our Latin American colleagues. The ec
 slstance which we are rendering m Sal
 Domingo to enable that goveramen to meet It's obligations and avoid 6n
 archy is another instance of success full work of this administration In helr
 Ing our neighbors
 This administration has by tn promptness. skill and energy of its ne
 gotiations secured dominion in the can al zone of the Isthmus of Panam without which the construction of tn canal would have been impossible. has subdued the heretofore insur mountable obstacle of disease and mad the place of work healthy. IL has cret : cd such an organization that in si years certainly, and probably in les. the Atlantic and Pacific will be unitct 10 the everlasting benefit of the world commerce, and the effectiveness of ou navy will be doubled
 The mere statement of the thing
 actually done by this administratio
 at home, in our dependencies, and | 5 foreign affairs shows q marvel of sue } cessful accomplishment, and if ever ? party has entitled itself to the approva , of Its works by renewed mandate 0 , power from the people whom 1t serv l ed, 1t Is the republican party in tn present campaign
 9 The only respect In which nothin 9 has been done Is in the developmen l of our foreign marine. As long as W l uphold the system of protection for ou l home industries we must recognize tha it Is inappllcable to assist those ( our citizens engaged in the foreig
 shipping business, because there Is n
 feasible means of excluding foreg
 competition, and that the only otht :. method of building up such bushes | 4
 subsidy am In favor of the bill COT 1. sidered In the last congress as ter tative step The establishment of dire, steamship lines between our Atlant |, ports and South America would eel tainly do much to develop trad that might be made far greater On tf <. Pacic, the whole shipping trade threa V apc to m ce into inc control of lana