The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1909-03-05
CONTINUED from page one.)


in this country, whether of the farm
mine or factory. protection by tariff
equal to the difference between the
cost of production abroad and the
cost of production here. and have 2
provision which shall put into force
upon executive determination oi
certain facts. high or maximum
tariff against those countries whose
trade policy toward MS equitably re-
duires such discrimination. II is
thought that there has been such a
change in conditions since the enact
ment of the Dingley Act. drafted on
a similarly protective principle, that
the measure OF the tariff above stat
ed will permit the reduction of rates
in certain schedules and will require
the advancement of few. If any.
The proposal 10 revise the tariff
made in such an authoritive way as
10 lead the business community 10
count upon it. necessarily halts all
those branches of business directly
affected. and as these are most I'M
portant, IL disturbs The whole busi-
ness of the country It Is Imperative
" necessary. therefore. that tarin
bill be drawn in good faith in accord
ance with promises made before the
election by the party in power, and
as promptly passed as due consider
alton will permit. II is not that the
tariff is more important in the long
run than the perfecting of the re-
forms in respect To antitrust legi-
station and interstate commerce regu-
lation. but the need for action when
the revision of the tariff has been
determined upon. is more immediate
to avoid embarrassment of business.
To secure the needed speed in the
passage of the tariff bill. IL would
seem wise to attempt no other leg
islation at the extra session. /
venture this as a suggestion only. for
the course TO be taken by congress,
upon the call of the executive. is
wholly within its discretion.
In the making of tariff bill. the
prime motive is taxation. and the
occurring thereby of revenue. Due
largely TO the business depression
which followed the financial panic of
1907, the revenue from customs and
other sources has decreased TO snch
an extent that the expenditures for
the current fiscal year will exceed the
receipts by 500. 900 goo. Ii is inn
Derative that a deficit shall not con-
tinue, and the trainers of the tariff
bill must of course have in mind the
total revenues likely TO be produced
by II, and so arrange the duties as TO
secure an adequate income. Should
IL be impossible 10 do so by import
duties, new kinds of taxation must be
adopted. and among these /
recommend graduated inheritane
tax. as correct in principle and as
certain and easy of collection.
The obligation on the part Of those
responsible for the expenditures
made to carry on the government. TO
make the burden of taxation as light
as possible. is plain and should he
affirmed in every declaration of gov
eminent policy. This is especially
true when We are face TO face with
heavy deficit. But when the desire
70 win the popular approval leads to
the cutting off of expenditures really
needed TO make the government ef-
fectiye, and TO enable II TO accom-
plish its proper objects. the result is
az much TO be condemned as the
waste of government funds in un-
necessary expenditure. The scope of
a modern government in what il can
andought to accomplish for its peo-
pie has been widened far beyond the
principles laid down by the old
laissez faire school of policl winters.
and this widening has met popular
approval.
The Importance OF supervising
business of great railways and in
dustrial combinations and the neees-
sary investigation and prosecution Of
unlawful business methods are
another necessary tax upon gov
eminent which did not exist half a
century ago.
The putting into force of laws
which shall secure the conservation
OF our resources. SO far as they may
he within the Jurisdiction of the
federal government, including the
most important work of saving and
restoring our forests. and the great
improvement of waterways. are all
proper government functions which
must involve large expenditure il
properly performed. While some of
them, like the reclamation OF arid
lands, are made 10 pay for them
selves, others are of such an indirect
benefit that this cannot be expected
of them. A permanent Improvement,
like the Panama Cannal. should be
treated as a distinct enterprise. and
should be paid for by the proceeds OF
bonds, the issue of which viii dis
tribute It's cost between the present
and future generation in accordance
with the benefits derived. II may be
submitted TO the serious considera-
tion OF congress whether the deepen
ing and control OF the channel of a
great river system. like that Of the
Ohio or OF the Mississippi. when def
mite and practical plans for the enter
prise have been approved and de-
termined upon. should not be provid-
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