The citizen. (Honesdale, Pa.) 1908-1914, 1910-02-25
TAFT IN JERSEY.
UprOdriOuS Welcome For
President In Newark.
CHEERING CR0NDSEVERYNHERE
Chief Executive Is Guest at Board
of Trade Banquet With Senator
Lodge and Speaks on Gov
ernment Economies.
CHEERING CRONDSEVERYWHERE

Newark. n j.. Feb PA cheering.
Taft mad crowd that overflowed all
police lines drawn for the passage Of
the president greeted him wherever he
went in Newark and howled itself
hoarse in welcome. From the time he
left the home of Ex-Governor Franklin
Murphy until he reached the Kruger
auditorium, where he was the guest Of
honor at the board of trade banquet,
his progress through the streets was
( like victorious generals triumph
Not since the visit of President
Grant, thirty or more years ago. have
the streets held such crowds. They
filed nearly every vantage point in the
upper windows Of hotels and dwelling
houses along the line of march: they
packed the sidewalks eight and ten
deep. and they clambered on the roofs
of trolley cars to shout oh you.
Bilr'
Besides all this Il multitude broke
down the police and military barrier
drawn about the president and even
carriage in which he was riding to
give him welcome.
At the banquet the president talked
as business man to men of business.
Leaving such ephemeral and frivolous
subjects as the high price of living and
the ratio between wages and household
expenses To Senator Lodge, who sat at
his right. the president launched into
the depths of departmental expenses,
Improvements of inland waterways and
the cost of Panama canal digging.
The sum total of the presidents re-
marks was that we had to economic
and that we We're doing If. He said:
BY meeting the expenditures on the
Panama canal with the proceeds of
bond issues we have enough cash in
the treasury to meet the defict in our
ordinary expenses for the current year.
and If we meet the expenditures on
the Panama canal for the following
year we Shat have surplus of S35.-
100000. or if the revenue producing
capacity of the new tariff keeps up to
its present indications this surplus
may be increased TO S50.000.OOO. On
the other hand. if the congress pro-
poses to add to the expenditures of
the government over those estimated
for new enterprises in the river and
harbOr bill and for the construction of
federal buildings under building act
it will be very easy to consume or ex-
ceed the entire surplus
I'm the naval expenditures we have
retained provision for two battle
ships of the large $4,000 ton capacity"
he added, "and we have done this on
the ground that until the Panama ca
nal is completed we ought to go on
aud add to our naval strength. The
Panama canal will certainly be com
pleted in 1915, and if we have two
battleshipS year until that time the
opening Of the canal will so double the
efficiency of our navy for the protec-
tion of our Pacific and Atlantic coast
that we can then abate and reduce our
expenditure in new construction.
1T is now proposed to appoint con
gresslonal commission to look into the /.
question of a general reorganization
of the departments of government
with a view to reducing the expense
Of administering of the government
1T has been stated on the floor of
the senate that it will be possible by /
this commission to reduce the cost of |
administering the government $780, |
100000 year and that IL a free hand /
were given TO business man the re- |
ductiOn in the expense of the admins |
tration might he doubled or tripled | !
am unable to confirm these statements I
as TO exact amount. but am very sure
that a conservative, prudent and fear /
less commission could make a most |
material reduction in the cost of ad- |
ministering the government
II cannot close without congratulate |
ing you and myself on the prospect J
that the present tariff bill offers such !
an increased income as to make def
icits under any condition unnecessary.
OF course If there were to be halt In /
our prosperity and panic the reduc-
tion in imports might be so substantial |
as to lead TO deficits again. Let us
hope, however, that the prosperity of |
our country Is founded on such a sub
stantial basis that no furry In the |
stock market and no other temporary /
cause may prevent the continuance OF
good business on a substantial basis"