Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1909-09-24
led for the next decade.

tied Tor the next uecaue
Even though there might he some
grumbling as to the hammer in which
the money was being collected. it vas
figured hat patriotic pride would grow
strong over the fact that the strong
boxes of the national government were
getting more money, Eel if the cx-
chequers of the protected industry We're
getting most.
But there is All apparent hitch in
the program. ana this is discussed by
the New York Evening Post in m
editorial article
The quotations of the New York
paper referred TO reads:
What is the trouble with the treas
ury's finances! Most people would
answer. offhand. that decreased rev
enus, due to the recent industrial re-
action, was the cause. The conclusion
would, however, he erroneous. The
customs revenue, ever since the tariff
bill went into force has been abnor-
mally large; it:was new Exceeded ut
this time of year except Thy II few
hundred thousand dollars) in 1907.
Both customs receipts and internal
revenues have in the month of August
run far ahead of 1905. But when II
turns to the schedule of expenditure,
the secret is out ut once. In the two
completed months Of the fiscal year,
military, naval, and general eXpcndi-
ture has broken all records. On the
army, our government has spent since
the end of June 81. 900, 600 more than in
1908, and $4,000, 900 more than i'll 1907;
on the navy 1900, 900 more than III 1905.
and nearly u million more than i'll 1907.
In the fiscal year ending with June,
1907, when the e broke all pre-
cedents. the handsome surplus of SS9.-
900, 900 was reported: but had disburse.
ments for that period cqualled the sum
paid ont in the fiscal year 1909. that
surplus would have footed up barely
$4,000, 600. With appropriations on the
present scale, Il deficit would have re-
suited for 1907, even with that years
enormous revenu This is the problem
very Immediately before the govern
ment, as Il sequel TO Senator Aldrich's
happy-golucky prediction. i'll his in
troductory speech of the tariff debate
that prosperity would follow enact
men of his tariff bill. 50 vast AS forth
with to do away with deficits. We
have the prosperity and we have the
deficits: it is the trainers of our tax
alton and appropriation laws who have
bunglcd."
To this the Miner adds:
1T was bad enough for the present
majority in congress to substitute re-
vision of the tariff upward for the
promised scaling of schedules down
ward, but it would be the browning
failure in its record if the measure
supposed to cut the deficit were to fail.
If that also shows the tendency toward
change for the worse it looks ominous.
President Taft seems to have fore
seen the coming discomfort when he
urged all cabinet officers to rctrench in
their estimate on which appropriations
are supposed to be based.
But there is no definite assurance
that the policy of extravaganza is 10 he
abandoned sufficiently 10 escape figures
i'll red ink. The danger is hat lcgitim.
ate enterprise may he made to suffer tC
satisfy the peculiar whims of the mel
who run legislation.
UNLESS real economy is shown pref,
ty soon the people will have still better
reasons for making mp their minds t,
get another set of servants i'll the CAPT
tai. Aud they are pretty well con
vinced that they made II mistake las
l November anyway"