Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1909-12-09
SAYS HE STILL BELIEVES UNIT
Ed STATES SHOULD ISSUE
BONDS.
RIVER and HARB0R Cong.
BELIEVES, GOVERNMENT is En-
TITLED 70 As GOOD SHOW
= "nB'
AS CORPORATIONS.
Hands Out Word Of Caution AS to
How to Proceed With Congress
Get the Matter Cinched and Then
GO After What You Want-Other
Fine Speeches Made.
fBv Associated Press.)

(Bv Associated Press.)
Washington, Dec. 8.-Speaking IN
strong endorsement of the policy or
waterway improvement, President
Taft stirred up much enthusiasm dur
ing the opening hours Of the sixth
convention of the national rivers and
harbors congress hert today. Hun
dreds of delegates, representing
every section OF the United States,
filled the great banquet hall OF the
New willard, where they sat under
their state banners. Men and women
delegates arose when the arrival OF
the president was announced and
gave their visitor noicy reception
corclSding the demonstration with
three cheers and a tiger.
Congratulates the Congress.
Upon being presented to the assem-
blage Joseph e. I.ansdell, president
of the congress, President Taft
spoke at length, dwelling upon his
interest in the policy Of waterways
Improvement; and ehered ADVICE 10
the delegates upon methods for at
tanning the ends they seek.
II congratulate. this congress
said president, Taft, "on having
brought the subject of waterways, to
such a point that the representatives
in. congress from one end OF the
country to the other recognize 1t as
a. subject that calls for action. Iney
have not come to definite conclus-
ion as to the policy that ought to oe
adopted, but they have come to the
conclusion that some policy must be
adopted with reference to the devel-
opment of these instrumentaltties
which nature has furnished for the
TRANSPORTATION Of goods and Tor the
controlling of railroad rates. 2'%'
Still Urges Bond ISSUE.
: IA year ago President Roosevelt
and I were. together on a platform
before the conservation of resources
convention, in which we both advo-
Gated the issuing of bonds in order
that a project improving waterways
when begun should be completed IN
a reasonable time. I am still a con-
sistent advocate of that theory. l
believe that the government IS en-
titled to as rapid a method OF deVei-
oping an enterprise and putting II
through as private corporations, and
as they always issue bonds, or gen.
erally do (some of them are fortu-
nate enough MOTTO have toy in order
to, expedite. the completion of these
projects, it would seem wise for the
nation to do so, where 1t WILL &C
complish the same result r
& A Word of Caution.
&sssBut I want to suggest word or
caution. You are going to encounter
III congress great Opposition to the
policy of issuing bonds right out or
hand You are much more likely TO
get from congress declaration q
nnlicy that a. certain improvement
ought to be carried out and spread
upon the minutes of congress IN the
form of resolution or declaration
IA a statute. What advise you to
ID is to get that declaration. That
when the time comes that political
exigency shall prevent the approprl-
alton Of sufficient money from the
current revenues to put the proper
part the project through the com
ing year or the coming two years as
economy requires, then the question
a issuing bonds viii arise. + would
set the declaration first, and not have
the bonds first Get them recorded
rs the statutes Of this country as de-
daring that those things are to be
carried out and let them make their
first approximation from the revenues
! al the country, and then you have
them where they must issue bonds,
unless the revenues afford sufficient
mount each year to carry that pro-
feet on economically and dwith due
rapidity." <.s5 \. \ .$.l@ =% -. =. ...- -.
y count Won Bernsstorff, the German
arnbassad dor.spoke qof the WATERWAYS
a. the German empire, arousing the
,,tm interest by the graphic man
nar in which he showed their impor-
tance to the commerce of Germany
president Ransdel1 read his annual
report, which not only reviewed the
work that has been accomplished
during the last year, but gave en-
cnnra cement for the early achieve
T,,eI,t Of the aims OF theS congress.