The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1909-12-09

lty ana ~scrupulous respect for the integ-
Icy are pledged the interested powers Of
both east and west.
taken the abolition Of l ndina with nhs . un mad-
crate and proportionate raising Of the
customs tariff along with currency. re-
advantage to foreign as we'll
as to the interests OF China. this gov
ernmsnt is e~ndeavoring to facilitate these
treaty overs. When it appeared that
chinese likin %revenues were to be hypoth-
y Wifb : ! 70 foreign banker IN connection
tionals held this loan Would have a Ger
carrying out by China Of the reforms in
question. Because this railroad loan rep
resented ta e a practical and real applica-
operation with China by interested pow
ers as well as because Of it's relations to
t hne rafora asa rereTre ( to aboye. the ad Mn
to be Of great national interest. Happily,
When 1T was as a matter Of broad policy
pc lost, the Indispensable fundamentally
presented Itself when a group of Amer
lean bankers, Of international reputation
ana great resources, agreed at once to
share In the loan Upon precisely such
terms as this government should approve.
lean railway material should be upon an
exact equality with hat of the other ma
eonals Joining in the loan in the placing
~ Aho III dlliodo
After months of negotiation the equal
participation of Americans seems at last
V viii thus i tah Is g fhair ing that "a Am sEfans
and to believe that such activities viii
VIII prove a practical .corollary to our
historic it lie policy in the far east.
siderable public ap]prehensio saui in that
quarters to seek to establish a monopoly
Of mining privileges along the South
Maaaehurian and Antung-Mukden rail-
from e wide field Of enterprise, to take
part in which they were by treaty with
Gh ma entitled q After a thorough exam
several c%ontextual documents, the secre-
tary of state reached the conclusion that
complished. However. in View Of the
widespread discussion of this question, to
eontlrm !, the view it had reached. this
and received from each official assurance
sistent with the policy of equality of op-
portunity to which the ~signatories, in
e9mmon with the United States. are
Our traditional relations with the Jap
anese empire continue cordial as usual.
tive Control Of the coming Of iaboreps to
the United States has proved to work
satisfactorily h matter Of revision of
States and Japan which is rerrninabIe in
1912 is already receiving the study Of both
countries.
Department Of State.
l earnestly to the favorable
action of the congress the m SUBJ
mitted by the department of state and
most especially the legislation suggested
date whereby it will be possible to devel-
oep and make permanent the r~eorganiza-
in a manner to make it a thoroughly ef-
ficient instrument in the furtherance of
The consular service has been greatly
improved under the law of April 5, 1906.
and AND the eem executive cut We order Of June ns T. 1895,
question Of embodying in a statute the
PRINCIPLES Of the present executive order
service is wholly dependent.
Government Expenditures.
Perhaps the most important question
presented to this administration is that of
of revenue. The deficit of the last fiscal
year, ard the certain deficit of the cur
rent year, prompted to throw a
and the secretary of the treasury than
had heretofore been declared by statute.
rotary of the treasury the duty Of assem-
departments bureaus, and offices, of the
% ASSSSodl VI llS SIlSulUS lis
cal year, and Of making an estimate of
the revenues Of the government for the
same period; and If a probable deficit is
president to recommend the methods by
which such deficit can be met.
the ordinary expenditures for the current
fiscal year ending, June 80, 1910, viii ex-
f e. q the fhis eS sa1ait d reacasipts by s34, o15, $40:
ing 70 SIS, eoo, 900, and s1.ooo,@o to be, paid
creased to a total deficit of s7s, o75. $50.
This deficit the secretary proposes to
pay the cost Of constructing the Panama
canal. I approve this proposal.
ton ONE Of p the Panama 1l a pnyt cagna l1r no me o1 eon nf ruc-
rent revenue. but by bond issues, was
adopted in the Spooner act Of 1902, and
parting from the principle by which a
part at least of the burden Of the cost
Of %n6 the ere canal ne en shall IA fan au nPo 1bs our !, po St; lily
more reason for this view because the
actual cost to date of the canal, which
pleted by January l, 1915, shows that the
cost of engineering and construction will
cheering and construction, the other ex-
penses, including sanitation and govern.
critics, the franchise, and the privilege
Of building the canal, increase the cos
by I0,435,COO, to a total OF 1915, POI 900. The
increase in the cost of engineering ant
construction is due to q substantial en-.
largement Of the plan Of construction b,
bra cut and by increasing the dimension.
of the locks, to the underestimate of the
quantity Of the work to be done under
the original plan, and to an Underestimate
of which nave greatly ENLARGED in prize
since the original estimate was made.
Low Estimates Made.
In order to avoid a deficit for the ensu
ing fiscal year, I directed the heads of de
partments in the preparation of their esti
mates to make them as low as possibl,
consistent with imperative governmental
necessity. The result has been, as I an
advised by the secretary of the treasury
that the estimates Of the expenses of tn,
government for the fiscal year endin,
June 80. 1911-that Is. for the next fisca
year-are less by $50. 663, 900 than the tota
Of appropriations for the current fisca
mates for hat year. So far as the secre
tary of the treasury is able to form
Judgment as to future income. and com
Il eve !; > urfrh fha aYnan1i t1,ro fnr tLo -.