The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1909-12-16

the signatories, IN common with the
/ United States. are pledged,
Our traditional relations with the
japanese empire continue cordial, as
usual. The arrangement of 1908 for
cooperative control of the coming
Of laborers to the United States has
proved TO work satisfactorily, The
matter Of revision Of the existing
treaty between the United States and
Japan which is terminable in 1912 Is
already receiving the study of both
countries
The Department Of State.
earnestly recommend TO the favor
able action of the congress the esti.
mates submitted by he department Of
state and most especially The legisla-
ton suggested in the secretary of
states letter Of this date whereby II
viii be possible 10 develop and make
permanent the reorganization OF the
department upon modern lines In a
manner 10 make II thoroughly eff
licient instrument In the furtherance
of our foreign trade and Of American
interests abroad
Under a provision Of the act of Aug.
8, 1909. have appointed three officials
to assist the officers of the government
in collecting information necessary to
a wise administration of the tariff act
of Aug. 3. 1909 AS to questions of
customs administration they are co
operating with the officials OF the
treasury department and as TO matters
of the needs and the exigencics 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 consequence Of section of the
tarilf act Of Aug ), 1909. it becomes the
duty OF the secretary Of state 10 con
duct as diplomatic business all the
negotiations necessary to place him IN
a position to advise me as 10 whether
or not particular country unduly dis
crimlnates against the United States
in the sense of the statute referred to.
Government Expenditures and Rev
enues.
Perhaps the most important ques-
tion presented TO this administration
Is that OF economy in expenditures and
suillcieney OF revenue
The report Of The secretary shows
that The ordinary expenditures for the
current tscai year ending June 20.
1910, viii exceed the estimated re
ceipts by S34.075.G20 II 10 This deficit
are added the sum to be dishursed for
the Panama canal. amounting 10 S3S.
0OD,000 and Sl.0D00OO to be- paid on
receipts and expenditures viii be In
creased TO a total deficit Of S13.0I5.G10
This deficit the secretary proposes 10
meet by the proceeds uf bonds issued
to pay the cost Of constructing the
Panama canal approve this pro
posal
The Panama Canal.
The policy Of paying for the con.
struction Of the Panama canal not |
put of current revenue. but by bond |
ISSUE, was adopted IN the Spooner act /
II 1902. and there seems to be no good /
reason for departing from The princi
pie by which a part at least Of the
burden Of the cost Of the canal shall 1
fall upon our posterity, who are % /
enjoy IL, and there Is all the more rea
son for this view because the actual 1
.ost to date Of the canal. which Is now
milf done and which will be completed I
Ian. /. 1915, shows that the cost Of 4
engineering aud construction win be 4
,207. 10000 instead Of s139. 70J 200. as
originally estimated In addition 70
engineering and construction. the 9th
r expenses. including sanitation and
government aud the amount paid for
be properties. the franchise aud the
.riyiiege OF building the canal, ia.
rease the cost by s75.i35.0O0 70 a
oial " S375. .20i000. The Increase II
he cost of engineering and construc-
ion L. due 70 a substantial enlarge
nent of the plan ~ construction by
Widening the canal 100 feet 10 the ca.
sbra cut and by Increasing the di
pensions of the locks. 70 the nBdcr.
siImate of the quantity of The work
D he done under the original plan and
3 an underestimate u the cost 81 Ia
oT and materials. both y which hare
reaiig enhanced ~ price since the
riginal estimate was made
Government Economy.
IN order 10 avoid deficit for the
nsnlng fiscal year directed the
eads ~ departments IN The prepara'
On ~ their estimates 20 make them
: low rs possible consistent with i'm
-rafige governmental necessity. The
ssult has been. as ! am advised by