Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1909-12-08
President Says Zelaya's Government Has
Kept Central America in Constant
Turrnoil---American Interests
Will be Protected.

for me to bring this subject to the
attention of congress in a special
message.
Expenditures and Revenue
Perhaps the most important
tration is that of economy OF ex-
penditures and suficiency of reve-
nue.. The deficit of the last fiscal
year, and the certain deficit of the
current year, prompted congress to
throw a greater responsibility on the
executive and the secretary of the
treasury that had Heretofore been
declared by statute. This declara-
tion imposes upon the secretary of
the treasury the duty of assembling
all the estimates of the executive de-
partments, bureaus and offices, of
the expenditures necessary in the
ensuing fiscal year, and of making
an estimate of the revenues of the
government for the same period /;
and if a probable deficit is thus
shown, it is the duty of the presi-
dent to recommend the method by
which such deficit can be met.
The report of the secretary
shows that the ordinary expend-
itures for the current fiscal year
ending June 80, 1910, will exceed
the estimated receipts by $34,076,-
$40. If to this deficit is added the
sum to be disbursed for the Panama
canal, amounting to $3S,000,000
and $1,000,000 to be paid on the
public debt, the deficit of ordinary
receipts and expenditures will be in.
creased to a total deficit of $73,.
| 075,620. This deficit the secretary
proposes to meet by the proceeds OF
bonds issued to pay the cost Of con
structing the Panama canal. | ap
prove this proposal.
in order to avoid deficit fol
the ensuing fiscal year, l directed
the heads of departments in the
preparation of their estimates tt
make them as low as possible con
sistent with imperative government
tai necessity. The result has been
as | am advised by the secretary o.
the treasury, that the estimates fol
the expenses of the government fol
the next fiscal year ending June 80
1911, are less than the appropria
tions for this current fiscal year by
! $42,S1S,000. So far as the secre
tary of the treasury is able to form
judgment as to future income ant
compare it with the expenditure:
for the next fiscal year ending June
80, 1911, and excluding payments
on account of the Panama Canal
which doubtless will be taken up b!
bonds, there will be a surplus O
$35, ,931, 900.
In the present estimates tht
needs of the departments and of the
government have been cut to the
quick, so to speak, and any as
sumption on the part of congress
so often made in times past, tina
the estimates have been prepared
with the expectation that they ma!
be reduced, will result in seriously
hampering the proper administra
tion.
Customs Frauds
Il regret to refer to the fact O
the discovery of extensive frauds il
the collection of the customs reve
nue. at New York City, in which /;
number of subordinate employees il
the weighing and other department.
were directly concerned, and il
which the beneficiaries were thu
American Sugar Refining compan.
and others. The frauds consisted il
the payment of duty on under
weights of sugar. The government
has recovered from the American
Sugar Refining company all that i
is shown to have been defrauded of
The sum was received in full o
the amount due, which might hav'
been recovered by civil suit agains
the beneficiary of the fraud, bu
there was an express reservation il
the contract of settlement by whicl
the settlement should not interfer'
with, or prevent the criminal prose
cuion of everyone who was found t.
be subject to the same.
Criminal prosecutions are nov
proceeding against number of gov
ernment officers. The treasury de
partment and the department o
justice are eXerting every effort t.
discover all wrong doers, including
the officers and employees of tn
companies who have been privy t,
the fraud. 1t would seem 90 m
that an investigation of the fraud
/ by congress at present, pending tn
probing by the treasury department
and the department OF justice, a
proposed, might by giving immunit
and otherwise prove an embarrass
ment in securing conviction of tn
guilty parties
Maximum and Minimum Tariff
Two features of the new tarii
act called for special reference. y
1 4irftra af tho alauea kuaUu as th
. maximum and minimum claus,