The Hawaiian gazette., 1909-12-17
MESSAGE WAS
SHORT AND BUSINESSLIKE
ASSOCIATED Press.)

1
caraguan question, sugar frauds and
"white slavery" are among the ques-
tions discussed.
Perhaps the most important question
presented to this administration is that
of economy in expenditure and sufli-
cheney of revenue, says the President,
who discusses the methods taken to
meet the deficit. The President de.
clares it unwise to attempt further re-
vision of the tariff until the facts are
at hand upon which such revision can
properly be undertaken.
Speaking generally, he says the coun-
try is in high state of prosperity.
He notes the increase in the cost of
living, but says the tariff is not the
cause. In those products of the factory
and farm there has been no increase
in the tariff and in many instances
very considerable reduction, the Presi-
dent declares.
In beginning the President says:
"The relations of the United States
with all foreign governments have con-
tinued the normal basis of amity and
good understanding and are very gen.
orally satisfactory
President Taft says the Zelaya gov
eminent of Nicaragua has kept Central
America in constant turmoil. 1t is uu-
necessary, he says, to rehearse here
the sad tale of unspeakable barbarties
and oppression alleged to have been
committed by the Zelaya government.
Recently two Americans were nut to
death by order of President Zelaya him
self. They were reported to have been
regularly commissioned officers in the
organized forces of a revolution, and
as such, according to the modern en-
lightened practice of civilized nations.
they would be entitled to be dealt with
as prisoners of war. He continues:
'This government proceeded with
deliberate circumspection to determine
the exact truth in relation to these re-
| ports and upon the course in the prem
ises most consistent with its dignity,
its duty to American interests ana its
moral obligations to Central America
and to civilization.'
| Concerning the Far East, the Presi-
dent says this government preserves
unchanged its policy of supporting the
open door and adds:
'Our traditional relations with the
japanese empire continue cordial as
usual. The arrangement of 1908 for
a cooperative control of the coming of
laborers to the United States has
proved to work satisfactorily
Reorganization of the department of
state upon modern lines in furtherance
of our foreign trade and of American
interests abroad is recommended
Perhaps" continues the message,
the most important question present
ed to this administration is that of
economy in expenditures and suficiency
of revenue.
"The report of the secretary shows
that the ordinary expenditures for the
current fiscal year ending June 30,
1910. will exceed the receipts by $34,.
O75,620. If to this deficit is added
the sum to be disbursed for the Pan
ANA Canal, amounting to $3S,O00,000
and $l,OOO,OO0 to be paid on the public
debt, the deficit of ordinary receipts
and expenditures will be increased to
a total deficit of $73,O75,62O This de.
iiclt the secretary proposes to meet by
the proceeds of bonds issued to pay
the cost of constructing the Panama
canal. l approve this proposal.''
The President says the cost of en-
glneering and construction of the canal,
which will be completed January /,
1918, will be 1927, 100000 instead of
$l39, 7O5, 200, as originally estimated.
| Other expenses increase the cost bv
| SI5, 433,OOO to a total of $375.20l 900
The President is advised by the sec
rotary of the treasury that the esti-
mates of the expenses of the govern
ment for the fiscal year ending June
| 80, 19l1-that is, for the next fiscal
year, are less by sos 1858 900 than the
| total of appropriations for the current
| fiscal year and adds:
- So far as the secretary of the treas
ury is able TO form n Judgment as to
future income and compare it with the
| expenditure for the next fiscal, wear
ending June 30, 1911, including thepay-
ments on account of the Panama Canal
and the public debt, there will be no
deficit in the year ending June 80,
1911, but small surplus OF $7l2,OOn'
" In the present estimates the needs
of the departments and of the gov
eminent have been cut to the quick
so to speak, and any assumption by con,
gress, so often made in times past
that estimates have been prepared with
the expectation that they may be re
uueed, Will result in seriously hamper.
ing proper administration. -
President Taft refers with regret to
the sugar frauds recently discovered.
saying that the settlement made with
the so'called trust will not interfere
| with or prevent the criminal prosecu.
| tlon of everyone who was found to be
SUBJECT to the same. He believes that
~ aWa.Hs -. A.