The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-02-24
President Addresses the Brsi-
ness Men of Newark, N. J.
on the State of the Nation as
Viewed From the Capital.
STRONG PLEA MADE FOR
SERIOUS CONSIDERATION
Executive FayorS Economy in
Every Branch of the Govern
ment and Makes Matters
Plain of Revenues Collected.
GREAT CROWD ASSEMBLED

Newark, N. j., Feb. 23.-President
Taft prefaced his prepared address
before the Newark Board of Trade to-
night with passionate statement of
his feelings, after being a year in the
White house, which brought the au-
dlence to its feet with cheers. He
took occasion to pay his respects to
the newspapers, saying he was going
home to Washington to avoid them.
Former Governor Franklin Murphy, in
introducing President Taft predicted
the President would make good. and he
also took a fling at the newspapers.
Il had not intended to say anything
on the subject of my first year in the
White House" said the President. but
after what Governor Murphy has SO
gracioIsly said I cannot refrain from
a personal word or two.
Talks on Criticism.
1T is true 1 told him l wanted to
make good a year ago. ! am not certain
OF doing 1t now. He said something
about the newspapers. When the news
papers ere prone to criticism and some
times unite in hammering your admins
tration, treating it sometimes with
contemptuous disdain and sometimes
with paTOnizing friendship. it is hard
10 overcome the feeling mat perhaps
you ought to begin all over again.
In view of all that, to have received
tue welcome which l did today gives a
little hope that perhaps the newspapers
don [ carry i'm their Vo.Iro4c oil -
opinion, and that perhaps, the Ameri-
can people are able TO see through
something Of hypercriticism, something
or the hySteria and something of bypoc-
rlsy and to have real sympathy with
the man who, under q considerable re-
sponsibility, is doing the best he can.
They say that sometimes demon
strations are misleading, but I am going
10 believe, as 1 have said. that your
reception today and tonight is sincere.
and l am going to take that flattering
unctlon to my soul as / go back to
washington and avoid the neWspapers.
You see. therefore, that when I came
mere today | was in a frame of mind
which made your welcome as balm to
my soul, and I carry away a sense of
gratitude that will never depart from
my memory"
President Taft, after acknowledg-
ing the pleasure Of being afforded
the opportunity TO speak to the bust
ness men of New jersey. said:
when l accepted the invitation to
come here, ! learned that 7 was to have
the pleasure of being a fellow guest with
my friend Senator Lodge, and that he
was TO take up the question of high prices,
d question that has occs@pied the attention
OF all the people and has invited the in
veStigatiOn into its cause by the Congress
OF the United States and by some of the
state legislatures. For my part of the
evening, | should like to direct your at
tentlon to a more prOSy subject to tho
question OF government expenses and gov
eminent revenues. and the possible econo-
mics and what expenditures are essential
at whatever burden Of taxation
Budget System.
In the first place. it should be said
that We have been SO far from eNhausting
the resources of national taxation and
federal revenues have been collected so
easily. and in such an amount, that we
have failed in the past to adopt a budget
system which is pTactiCed in every other
civilized country. BY a budget system /
mean a reference of proposed eXpendi-
lures and receipts 70 some one authority
or tribunal. which, after determining what
the revenues will be, must also determine
what the expenditures can be, and make
a budget without deficit.
"In our legislative body which pro-
vides the revenue and authorizes the ex-
DenditureS. time was when the committee