The Birmingham age-herald., 1909-09-03
In His Extended Trip He Will Talk to the People on
 Many Topics
COST OF PRODUCTION
 WILL BE ELABORATED
President Will Tell His Hearers How to Remedy the Tariff if It Is Excessive-Governme Must
 Soon Issue Bonds.

Washington. September 2-CspeclaI.l- On his 13O0O mile tour of the west and south. which will begin September 10, President Taft will be the greatest political evangelist this country has ever known, for he will make the trip an opportunity for conhding to the pub- lie his aims and ideals on practically all the governmental problems now before the people. His speeches will deal with the following topics:
 The new tariff and it's effects.
 Conservation and how this administra- ton will achieve 1t.
 Corporations and the Taft plan for controlling them.
 Statehood for New Mexico and Ari- zona.
 The possibilities of the south in po- ties. The value of southern sentiment because of it's saneness and traditions.
 The army and navy and coast defenses as they will be treated by this admins traton.
 While he has not yet made any public pronouncement on the matter, 1t is more than probable that he will tell Of the possibilities of the new tariff board, and will explain that this body, when 1t gets to work, will be able to ascertain. for the first time in the history of the Unit ed States, the exact difference between the cost of production of articles here and abroad. When this fact is ascer- tained and the report is made to the President he will be in position to rec ommend to congress at any time addi- tional legislation on the tariff. '.
 That Is, if he sees by the scientific figures showing the difference in cost or production here and abroad. that any .articl or line af .gpocs -exce.sssaye protectien, no can recommend t reduc- tion in the tariff on that particular sub- ject His position is that protection should be allowed only on those articles which have to compete with cheaper pro- duction abroad, and that. if rates higher than this are allowed the protection is excessive.
 By this explanation he will tell the pub- 1ic--the dissatisfied public wherever 1t is that when the protective schedules are found to be excessive they can be remedied. Of course they never will be remedied.
 While the present need of economy in the expenditure of the governments money forbids any extensive undertakings by the next session of Congress in in- creasing the army and navy, the Taft administration will later do much toward these ends, and on the Pacific coast 1t is more than probable that the President will outline in definite shape his desire to better the coast defenses of the coun- try, to strengthen the navy and to make the army more powerful organization than 1t now is.
 The condition of the treasury at the close of the first two months of the fiscal year makes it practically certain that an issue of certificates of indebted ness cannot be long delayed.
 In another form this amounts to an issue of short-term government bonds It has been expected for some time that such an issue would come. In the light of the present treasury conditions the officials no longer conceal the fact that there will probably have to be such an is- sue and that before many weeks
 The fact that there is to be an issue of certificates of indebtedness cannot be taken as indicating scant treasury re- ceipts. It does point, however, to the fact that enormous government expendi- lures are more than eating up enormous government receipts.