Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-03-05

any mistake, nut remember the name,
Swamp-Root, and don't let a dealer sell
you something in place of Swamp-Root-
If you do you will be disappointed.
hope that the report will embodS
neither the narrow Ki-~ II thuse wht
believe that the sole purpose Of tn,
new system should be to secure q
larger return on banking capital ol
Of those who would have greater ex-
pansion Of currency with little re.
gard 10 provisions for its immediat,
redemption or ultimate security
There IN no subject Of economic dis.
cuHsi0n 80 intricate ana So likely e.
evoke differing NioWs ana dogmatil
| statements as this one. The commits
sion In studying the general influ-
cncc Of currency on business ana OF
business on currency. have wisely TX
tended their Investigations IN Euro
poau banking ana monetary methods
The Information that they have de-
rlvCd from such experts as they hayr
found abroad viii undoubtedly be
found helpful IN the solution of the
difficult problem they have IN hand
The incoming congress- should
pr IMPLY fulfill the promise Of the
republican platform and pass a prom
err postal savings bank bill II will
not be unWisc or excessive paternHl-
I'm Tho promise 10 repay by tho
government VIII furnish an induce
mcnt to savings deposits which prl-
.avtc enterprise eunnot supply, and AT
such a low rate OF interest MS not to
withdraw from existing banks. II
VIII substantially increase the funds
available for Investment as capital In
useful enterprises. II viii furnish the
d. L.f. LL...atf.. H. 80. a.
proposed scheme OF government guar
nniy OF deposits so alluring without
itH perniciuus results
sincerely hopr thgt the incnudng
conRruss VIII be alive, ue u should be.
10 the Importance Of our foreign trade
ana of encouraging IL in every way
feasible. Tho possibility Of increasing
this trade IN the Orient. in The Philip
pines and Ia South America are
known 20 everyone Who has given the
matter attention The direct effect
Of free trade between this country and
tho Philippines VIII be marked upon
our sale of cottons, agricultural ma
rhinerN and other manufactures. The
necessity OF the establishment Of III
rect lines of steamers between North
ana South America has been brought
the attention OF congress lbs my
predecessor. ana by Mr. Root before
md after his noteworthy visit to that
continent and / sincerely hope that
may be induced TO see the
of y tentative effort TO cs-
such lines hy the use Of mail
subsidies.
The importance which the depart
ncnt OF agriculture and of commerce
ind labor nlAN play in Kidding the
markets Of Edropo of prohibitions
Determinations against the i'm
loftttion OF our products is fully UNI
lerstood. ana II is hoped that the use
# the maximum ana minimum fea-
urt of our tariff law 10 be soon pass
d VIII he effective 60 remove many
If those restrictions.
The Panama canal win have q most
important bearing upon tho trade be-
tho eastern and the far western
ectionS OF our country. ana viii |
Increase the facilities Tor
lnnsportatlon between the custern
nd tho western scahoOrd aud may
ossihly rcvolutionigc the transconti-
rates with respect To- bulry
l~orchandise II Will also have a most
"neiicial effect Ia increase the trade
e tween the eastern seabnard of the
nlted States aud tho Western coast
{ South Amrica. and. indeed. with
ime ar the Important ports on the
'st a of South America reached
rail- from the west coust The
otk nn tho canal is making most
tisfactory progress The tNpc of
.c canal as q lock canal was fixed
congress after "a fun consideration
the conflicting REPORTS OF the ma :
rltv ana minority of the consulting Z
ARA anud after the recommendation D
The war donartment and the ev-
upon those reports Recent /
crcstlon that something had oc-
on the isthmus fu make tho
us typo uf canal loss feasible than Il,
was SUPPOSED to be when the re.
rts We're made and tho nolicN de- /.
mined on. led 20 competent engi- ,
to examine the Gatun dam AMI p
.ks which are the KEY 10 the lock :
Tho report of that board show
40 nothing has occurred in th. MAJ
'c of newiv revealed evidence which
'uld change the Views once formed
tho original discussion Tho con.
VIII goo on under "a most ~
tlr. organization controlled 10y Col.
N Gnrthaie any his fellow army one
COWS associated with him and win
be- COMPLETED early la the
Il admInistrat'on if not before
.omc tvpc W canal must De- com |
ictH Tho lock typ" has hcrn So !
ODD We are an in favor 81 hav- |
" EHNNN {" NN"NNNNNANN N" NHHNHNAN I
mHet not meow therefore. Keen uu I
f. IH fif rcar of rur agents whom
htta authorized to DO our work on
i-fhwus w must hold up thfir
is and snflkinu Tor the incoming |
ii~nisffntnn wish To- saw that
nnsn to devote am the energy pos 4
hHi unirr ms control. a. the
hing ~ This work ON tho plans
ID hlNe been adopted ana 20
i hohinf the men Who are 1oinc
hful harl vprA % bring about thc
y completion al This. thu greatest
stfurtifc enterprise 90 modern
.s
~ governments nf nur dsncndrn-
I'M Porto Rico AND fhr PHILIPPINES
prorfes.inu a. fa0orahIv a4 could
desired The r~rosperif, ~ Porto
continue undated The bust
conditions lu The Philippines are '
nll thaf We could wish them iu