Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1909-07-22
TAFT EXPRESSED I
HIMSELF SATISFIED
Will Not Recede on
Corporation
Tax
NO TWO YEAR LIMIT FOR HIM
Tariff -Conferees Make Con-
cessions That Embody
Presidents Wishes.

Washington, d. C., July 22.-Discus-
sing last nights tariff dinner at the
White House. President Taft, this
morning expressed himself as salts
fed. The President. as the result Of
the stand he has taken, will win nearly
all the wishes he expressed and it is
probable that the concessions Of the
tariff conferees will prove satisfactory
to the executive An effort was made
at last nights dinner to have the Pres
ident agree to two years limitation OF
the corporation tax He refused to do
so.
Americans Will Build Chinese Railway
Washington, July 22.-American
participation in the loan of $27,50O,-
900 about to be negotiated by the
Chinese government on the Hankow-
SEE Chuen railroad and other enter
prises, will be arranged to the entire
satisfaction OF this government, thus
assuring the maintenance of the ''Op-
en- door" in China. &
Assurance to this effect came to
the state department from Peking and
gave great satisfaction.
The issue has been regarded as an
important question with this govern.
ment on account of the principle in
volved.
Minister Conger was given the
promise in 1904 that American and
English money would be preferred in
future loans made to China by for
eign countries on the Hankow rail
road. 1t has been in conformity with
this promise that the United States
has been insistent that she be Fal-
lowed to come in with the European,
fnanciers as an original party to the
loan.
Pressure has been brought to bear
on China to withstand the American
demands on the ground that to yield
to the United States would be to open
the door to other claimants for par
ticipation in the loan and she was
urged to give the privilege exclusive
ly to the French, German and Eng
lish bankers, in accordance with the
agreement made in Peking June s,
last.
The satisfactory adjustment of the /
loan means the application of the
"open door, to China in it's fullest
aspect-a decided advance in the poll
cy inaugurated by the late Secretary
Hay and vigorously pushed by former
Secretary Root and Secretary Knox.
The proposed extension of the
Hankow-Sze Chuen road takes that
line through Hupeh province, one of
the richest in China, with vast natu-
raj resources and through a territory
which Great Britain generally has re-
garded as her sphere of influence.
The total loan contemplated by |
China amounts to 100000 English |
pounds, which embraced 2,500O00 |
pounds for the Hankow-Sze Chuen
portion of the road; 2,5O0,O0O pounds |
for the Human section of the Hankow-
Canton line and 100000 pounds for
the redemption of the bonds of the |
American-China Development Com
pany. China was told that if agree
able the United States would take |
one-quarter of this entire amount, Or
1876, 900 pounds. This country actu-
ally has been promised one-half of |
the 2,5O0,00O pounds on the Hankow-
SEE Chuen portion, so the American |
bankers will fare better than they ex.
pected.
Must Register in Own State.
Hereafter all applications for posi-
tions in the government service under |
the civil service commission, will have |
to be made in the state or territory |
in which the applicant resides. No ap- |
plicant will be eligible unless he or
she has actually been resident of the |
state or territory for one year.
nIn TIAAcn