Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-03-04

ed their Investigations IN European
banking and monetary methods. The
Information that they have derived
from such experts as they have found
abroad win undoubtedly be found
helpful IN the solution Of the difficult
problem they have IN hand.
Fsvors Postal Savings Banks.
The incoming congress should
promptly fulnn the promise Of The Re
publican platform and pass a proper
postal savings bank bill 10 viii not
be unwise or excessive patcrnnlism
] The promise 10 repay 10y the govern.
ment viii furnish am inducement "a
savings deposits which private enter
/ prise cannot supply and at such low
/ rate Of interest as not 60 withdraw
custom from existing banks. 10 will
substantially increase the funds avail
able for investment as capital On use
I ful enterprises. II win furnish the
absolute security which makes the
proposed scheme Of government guar
anty Of deposits so aluring without
its peruicious results.
Ship Subsidies Advocated.
sincerely hope that the incoming
congress will be alive. as % should be.
TO the Importance Of our foreign trade
and Of encouraging # I'm every way
feasible. The possibility Of increasing
this trade I'm the orient. I'm the Philip
pines and I'm South America is known
to every one who has given the matter
attention The direct effect Of free
trade between this country and the
Philippines will be marked upon our
sale OF cottons. agricultural machinery
and other manufactures. The necessl-
~ Of the establishment Of direct lines
Of steamers between North and South
America has been brought to the at
tcntion Of congress by my predecessor
and by Mr.. Root before and after his
noteworthy visit TO that continent and
] sincerely hope that congress may be
induced to see the wisdom OF a teuta-
tive effort 10 establish such lines by
the use Of mail subsidies.
The Importance which the depart
ment Of agriculture and OF commerce
and labor may play i'm Kidding. the
markets Of Europe Of prohibitions and
determinations against the importa-
ton Of our products is fully under
stood. and 90 is hoped that the use of
the maximum and minimum feature
Of our tariff law 70 be soon passed will
be effective to remove many Of those
restrictions.
Lock Canal Plan Defended.
The Panama canal win have a most
important bearing upon the trade be-
tween the eastern and the far west
crn sections Of our country and viii
greatly increase the facilities for
transportation between the eastern
and the western seaboard ana may
possibly revolutionize the trauscont-
mental rates with respect TO bulky mer-
chandlse It win also hsve most
beneficial effect To increase the trade
between the eastern sC8board Of the
United States and the western coast
Of South America and indeed with
some Of the important ports of the
east coast Of South America reached
by rail from the west coast The
work on the canal is making most sat
lsfactory progress. The type Of the
canal as a lock canal was fixed by
congress after n full consideration of
the conflicting reports OF the majority
and minority Of the consulting board
and after the recommendation Of the
war department and the executive
upon those reports. Recent suggestion
that something had occurred on the
isthmus TO make the lock type Of the
canal less feasible than 70 was SUD
posed TO be when the reports were
made and the policy determined ON
led TO visit TO the isthmus Of
board of competent engineers to exam
inc the Gatun dam and locks which
are the key Of the lock type. The re-
port Of that board shows that nothing
has occurred in the nature Of newly
revealed evidence which should change
the views once formed I'm the original
discussion. The construction will 90
on under a most effective organization
controlled by Colonel Goethals and bis
fellow army engineers associated with
him and viii certainly be completed
early In the next administration. if not
before.
Some type Of canal must be con
structed The lock type has been se.
lectcd. We are an I'm favor Of having
it built as promptly as possible. We
must not now. therefore keep up q fire
IN the rear Of the agents whom we
have authorized 20 do our work on
the Isthmus. We must hold up their
hands, and, speaking for the incoming
administration, / wish 10 say that
propose TO devote AN the energy possi-
ole and under my control 90 the push
ing of this work on The plans which
have been adopted and 10 stand behind
the men who are doing faithful hard
work 20 bring about the early compile
ton OF this the greatest constructive
enterprise of modern times.
Free Trade With Philippines.
The governments Of our dcpcudcn-
Giles u Porto Rico and the PHILIPPINES
are progressing as favorably as could
be desired The prosperity OF Porto
Rico continues undated. The busl-
ness conditions DO the Philippines are
not AN that we could wish them 20 De.
but with the passage Of the new tarn
Din permitting free trade between tine
United States and fha Dr.Ifn.I....