Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1909-12-09

eminent is endeavoring to facilitate these
measures and the needful "REMINISCENCES of

eminent is endeavoring to facilitate thes,
treaty powers. When 1t appeared thai
Chinese ltkin revenues were 10 be hypoth
coated to foreign bankers in connection
with great railway project, 1t was OBJ
Nious. that the governments whose ma.
iionals held this loan would have a Ger.
tain direct interest in the question of the
question. Because this railroad loan rep
resented practical and real applica-
ton Of the open door policy through CO
crs as we'll as because OF its relations to
the reforms referred to above, the admin
isiiation deemed American participation
20 be OF great national interest. Happily
when II was as matter of broad policy
nrgen, that this opportunity should not
be lost the indispensable instrumentality
/ presented itself when q group of Amer
lean bankers. of International reputation
ana great resources. agreed at once to
nane ~ ms e San upon preH,iasc such
| The chief of those terms was that Amer
lean railway material should be upon an
| exact equality with that of the other ma
! ,ionals Joining in the loan in the placing
OF orders for this whole railroad system.
Af;er months of negotiation the equal
/ participation of Americans seems at last
assured Ii is gratifying that Americans
/ Will thus take their share in this extern
sion OF these great highways Of trade;
/ will PROV. a practical coroiiary to our
historic policy in The far east
| yai,fiSns ~ Snn,e,nbn,. - r,sis year
4 Nor, w,,s ,,,.orfsinn whi,, 6,siss,, ,.on.
! si,,,.ral,,,, n,,,,JSr a,nn,"b..s;q,,, IN tS.,t
] ,,nS,, III go !, NJ b.,i.sy,s,, In some
{ liiarters Il, seek 10 ,'stahlish +, n,o,,onnly
4 Of mining priyila-es alonr m. Soufh
Miinchuiian and Antnns- Mukdcn rail-
fl..j,n . wila fi.Id IN .ni.,.t,,.is.t ia t,,l,e
1,.,., in ,yhiSp tl,s,. u.s,n ~, ,,..,t,. ,;,i
HIM .n,itJ,d aft.' !, .hare,,..h ,ya M
iil|t5i,5n ~ Ne ,,ni,ysnti,,,s ana az ,na
| several s,5ntryt,,,l jor,frn.l,+s ~, s,cra
I tarv OF state reached M canSlasion that
no su,.h 1nn,npnlv was t,,;,,,;,s,, ,r 49,
rolnplishea tlsSy,sy.r ~ I'm of ~.
Nj i.is,,,,, ,,isr,,ss,,n - M ',,,..,j, w tn
eo,tirm the view r had ressh,d ms Is
government mad. inquiry OF the impe-
rlal Nhinesa and japanese governments
ma ,s t.s'iNsa from S;Sn 0ificiai assurance
.ti.i IN. PROVISION nad no PURPOSE neon
ssS.,nt Win 'Ae peicN o. equali'N OF oI-
iS.tuiaSN 70 ",,tSn , .he sis,aseiies IN
2t',iaon WIN ihe thasta Staes, are
ppusea.
UT IIaislqiasi! I..a'iohs Win iAe JAP
a an eiaplfe continue SoTdial as usual
.s ne afrtnssin'n, OF lsis for So-opcra-
~ golIoi 81 .he coming OF lahorers 70
ift tihi"1 states mas proved 20 work
II =, = GtotiiN' ne mater o. revision .,
~ 'NiSsiiis l!t' VEN ,nc nitsu
-, ana ,'al'an "nlca Is ,eFinlnanie IN
~ : ;afea"N RECEIVING ne ssady oil poth
Department Of State.
earnestly recommend 10 tha favorable
ae,ien q, tile conrress he es,im,tss s,,he
lnittsd ~ the department. Of state and
mos ,sn.eiaily No slarislatinn s,,~resr,d
in III. seoretarv of states letter Of mis-
.iat, whereby il viii be possible tn level
81; and make permanent ihe reorcaniza
;fon II me department upon modern lines
in a manner Ia make n a ,,lor,,,.-hly 81
fici4iit instrument in ,he fllr,herance Of
lur foreign trade ana Of .Nrnerican in.
ter.,sis ahroad
The consular service. Mas bea, pr.,,1,.
iynproyed under the law of A,,ril ION;
am The executive a!,ler Of JiIne e. 1905,
and commend III y5ijr ,ai,sIfia,., tinn a.,
question Of ernbo.,vins in a stt;,ltn m.
principles Of the present executive order
upon which the efficiency OF our consular
Goue,n,en+ E..,d;+,
expenditures
Perhaps the moss important question
presented u TINS a4tnlas iratiSn is thai Of
erGnSnY III .NPeriltuteS and suffici.'ncy
81 fes"Ni;e Iae deficit O: The last fiscal
Nsaf AID the certain deficit Of The cur
greater responsibility on tho executive
,il9 ne Se,'ft; try ef he .reasnry than
nSa n@re;S4foTe been declared by statute.
lms d"clasation imposes npa' the sec
r.iaiv OF I Ne treasury the duty ct assem-
'3!lns al! N. esrmases OF the executive
dsl5artmenf bureaus. and offices. of the
the revenues of the government for the
same i,eiloa. ana II ''@pable deficit is
mus shown. u y made the duty of the
president TO recommend the methods by
which such deficit can he met
The report Of the. secretary shows that
iiseai Seie ef4ins Jun" 50 1910 will eN-
coed the estimated receipts by s34 $50.
+ 70 tlis deficit is added The sum 10 be
ii -bursed fpr the Panama canal amounts
ins 70 SiS.toeou. and sl.nln,"lo to be paid
r.eents ana nyneudiu ues w II ofa w ny
..rcase'l 70 total deficit Of s7SSo75.G2o
I'll, This a., detleit he secretary proposes, 10
meet 10y me proceeds OF bonds issued TO