Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-02-24
Nations Chief Executive
Urges Big Navy
Increase.
WOULD CONTINUE RATIO
UNTIL CANAL OPENING IN 1915
Newark Citizens Guido Them
selves in Enthusiastic Recep-
tion to Distinguished Visitor.
---PRESIDENT TAFT

shO. ~ A<h1esAAS-AA.~S @~@~Cs"
Two battleships a year until 1915,
when he promised that the Panama
canal work would be completed and the
efficiency Of the navy thereby doubled,
was the plea of President William
Howard Taft, who, to the accompani
ment of the cheers and applause of
750 of the best of Newark's business,
professional and social world, addressed
the forty-second annual banquet of the
Board of Trade in Krueger's Audi
torium last night. That was the rea-
son. he said. why the cost of the canal
originally estimated at s139, 100000, and
now estimated to be $57a.0oo,ooo, was
justified
His statement as to the good the
canal would do the country in a COM
mercial way as well as in time of war
was enthusiastically received by the
diners. Next to that his advocating
.of pension fund for civil servants
was probably the most welcome state
ment that he made. -
Il am convinced" declared the Presi-
dent, -'thilt some method must be
adopted by which superanuated civil
servants may be retired on an income
sufficient TO support them. and that
such provision will ultimately bring
about great economy in the adminis-
tration.'
"A consistent c,lrtailing of the ex-
penses of government was also advo-
Gated by Mr. Taft. who came out ft-tly
in favor of the budget system OF rega.
lating finances.
Predicts s50,O00,o0o surplus.
The President also called attention
TO the revenues and appropriations ot
the United States. He spoke OF the
defcits of 1903 and 1909 and expressed
the belief that the increased incolaa
produced by the new tariff bill would
change this TO a surplus of $35.UoJ,000
and probably $5o,0J0,oo0 for the yeag
lending June 80, 1911.
While during the election of 1908 MI.
Taft spoke here, this Is the drst time
that most of those present at last
nights gathering have heard or seen
him since he became President Tnoso
| whose memories harked back to Cleve-
lands administration declared that
there was q remarkable resemblance IN
every way between Mr.. Taft and Mr.
| Cleveland In the last years of the lat
ter's occupancy OF the White house.
That the physical resemblance was par
| ticularly striking was the comment
! everywhere, but many declared tnat
| the likeness went even father than
| that. Mr.. Taft's voice and even ges-
| lures, they said, recalled Mr.. Cleve-
land to an almost startling degree.
| Following the speech of the President
was one by Senator Henry Cabot
Lodge. OF Massachusetts, on the High
Cost of Living" Mr.. Lodge assured
his audience that the Senate commit
tee of which he Is chairman. appointed
! to Investigate that question, would re-
mort its findings TO the people without
fear or favor. He was followed by
Governor Fort who spoke on Water
Conservation
The invocation was pronounced by
Bishop Edwin S. Lines.
Newark went to bed last night with
thirty-eight-year- -old desire satisfied
Not since 1872, when President Grant
visited the city at the time of the in
dustrial exhibition. has there been
President in Newark and Newark
made the most Of its opportunity. from
the moment President Taft and his
marty arrived within its limits Until,
Esurrounded by squad OF mounted po-
lice. he went to the Pennsylvania sta
tion and left for Washington in his
private car attached TO the IL o'clock
express.
a little delay occurred in his arrival
here. owing to the fact that he and his
attending party missed a Pennsylvania
ferryboat after he had been picked up
az his brothers. house in New YORK ny
former Governor Franklin MURPHY
As nearly as possible all lost time had
been made up when the presidential
party reached Harrison. where re
ception such as the town had never
witnessed before was accorded him
A rriumphaI March.
AT the boundary between Essex and
Hudson counties the train of automo-
bill. !. the President riding In the sec
ond. was met by u squad OF mounted
police and taking to the hammered
street, past the cheering thousands dl-
rectly to the home OF former Governor
Murphy, where an informal reception
was held. From there, at o'clock, ne
left on what proved to be triumphai
march to the Kruger Auditorium. The
mounted police. reinforced by another
hundred men afoot, and the Essex
troop, escorted the carriage through the
almost iinpenetra crowds. From the
time he left Mr. Murphy's home until
he arrived at the hall Mr.. Taft stood
with uncovered head responding to the
cheers.
Another reception was held in the
Auditorium. Within a few minutes OF
Z o'clock, the time scheduled for the
banquet to begin. he took his place al
the entrance to the hall. shaking hands
i with each diner as he marched TO his