The Point Pleasant register. [volume] (Point Pleasant, W. Va.) 1909-1939, 1909-12-08

oily was intended or accomplished.
This government made inquiry Of the
imperial Chinese and japanese gov
ernments and received from each off,
cial assurance that the provision had
no purpose inconsistent with the poll
cy Of equality Of opportunity to which
the siSnatories. In common with the
United States. are pledged.
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. The
matter Of a revision of the existing
treaty between the United States and
Japan which is terminable in 1912 is
already receiving the study Of both
countries.
Tho Department Of State.
earnestly recommend to the favor
able action of the congress the esti-
mates submitted by the department Of
state and most especially the Iegisla-
ton suggested In the secretary Of
states letter Of this date whereby it
win be possible to develop and make
permanent the reorganization Of the
department upon modern lines In a
manner TO make 1t a thoroughly eff
Gcient instrument in the furtherance
Of our foreign trade and OF American
interests abroad.
Under provision OF the act of Aug.
5. 1909. have appointed three officials
to assist the officers Of the government
In collecting information necessary TO
wise administration of the tariff act
Of Aug. 5. 1909. As to questions of
customs administration they are CO.
operating with the officials OF the
treasury department and US to matters
of the needs and the exigencies of our
manufacturers aud exporters with the
department of commerce and labor in
its relation to the domestic aspect Of
the subject Of foreign commerce.
As a consequence Of section Of the
tariff act Of Aug. 5. 1909. 1t becomes the
duty Of the secretary Of state to con-
duct as diplomatic business all the
negotiations necessary to place him In
position to advise me as to whether
or not particular country unduly dis
eliminates against the United States
In the sense of the statute referred to.
Government Expenditures and Rev
enuss.
Perhaps the most important QueS-
ton presented to this administration
IS that Of economy In expenditures and
SutticIency OF revenue.
The report OF the secretary shows
that the ordinary expenditures for the
current fiscal year ending June 80.
1910. will exceed the estimated re-
ceipts by S3f.O75.620. II to this deficit
are added the sum to be disburSed for
the Panama canal. amounting to $SX-
100000. and S1.OOoOOO to be paid on
the public debt. the deficit Of ordinary
receipts and expenditures will be In
creased to total deficit OF $I3.O7J.6:,O
This deficit the secretary proposes to
meet by the proceeds Of bonds issued
to pay the cost Of constructing the
Panama canal. l approve this pro-
poSaL
Tho Panama Canal.
The policy OF paying for the con-
struction Of the Panama canal not
out Of current revenue, but by bond
issue. was adopted in the Spooner act
Of 1902, and there seems to be no good
reason for departing from the princi-
pie by which part at least Of the
burden Of the cost of the canal shall
fall upon our posterity. who are to
enjoy It and there Is all the more rea-
son for this view because the actual
cost to date Of the canal, which is now
half done and whFdh will be completed
Jan. l. 1915. shows that the cost Of
engineering and construction will be
$e97.766O00 instead Of $139. 705 200 as
originally estimated. In addition to
engineering and construction. the 9TH
er expenses, including sanitation and
government and the amount paid for
the properties. the franchise and the
privilege OF building the canal, In
crease The cost by $7J.435O0O to n
Total Of S3T5.2o1.O0O. Tie Increase in
the cost Of engineering and construc-
fiOn IS DUE to n substantial enlarge
ment Of the plan Of construction by
widening the canal 100 feet in the Gu
Iebra cut and by Increasing the di.
mansions OF the locks. to the under
estimate Of the quantity OF the work
to be done under the original plan and
to an underestimate Of the cost OF Ia
Dor and materials. both OF which have
greatly enhanced IN price since the
original estimate was made.
Government Economy.
In order to avoid a deficit for the
ensuing fiscal year directed the
heads OF departments In the prepare
ton OF their estimates to make them
as low as possible consistent With i'm
perative governmental necessity. The
result has been, as am advised by