The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1910-12-08
NEED OF ECONOMY POINTED OUT
Has Little to Say About the Tariff---Work on
Panama Canal Is Reviewed---No Change
i'm Anti Trust Laws---Interstate
Commerce Laws Are Discussed.

each department chlef 70 rsdnce the
estimated cost OF his department for
| the ensuing fiscal year ending juno
| 80. 1912. | say this In order that con
gress may understand that these est.
mates thus made present the smallest
sum which will maintain the depart
ments, bureaus and Offices of the gov.
eminent and meet its other obllga
lions under existing law. and that a
| cut of these estimates would result
In embarrassing the executive branch
OF the government in the performance
Of It's duties This remark does not
| apply to the river and harbor esti.
mates. except to those for expenses Of
maintenance and the meeting of obi.
cations under authorized contracts,
nor does It apply to the public build.
ing bill nor to the navy building pro
gram. OF course. as to these con.
gress could withhold any part or all
of the estimates for them without In
terfering with the discharge Of the or
binary obligations Of these functions
OF Its departments, bureaus and Of
fees.
"The final estimates for the year
ending June &c. 1912, as they have
been sent to the treasury on Novem.
Der 30 of this year, for the ordinary
expenses of the government, including
those for public buildings, rivers and
harbors. and the navy building pro
gram, amount to s630.494, 01312. This
is $50, 964, S87.36 less than the ap.
preparations for the fiscal year end.
ing June 80. 1911. 1t is $16.SS3, "A
less than the total estimates, includ
Ing supplemental estimates submitted
to congress by the treasury for the
year 1911, and ia S5574, 659.39 less
than the original estimates submitted
by the treasury for 1911.
These flugres do not include the
appropriations for the Panama canal
/, the policy In respect to which ongh
TO be. aui i6. 10 spend as much eact
year as can be economically and ef
fectively expended in order to com
plete the canal as promptly as posi-
BILE, and therefore, the ordinary mo
tive for cutting down the expense O
J. the government does not apply to az
, preparations for this purpose.
, Against the estimates of expend
lures, 640,494 0I3.12, we have estimat
u ed receipts for next year $3.50, 100000
u making a probable surplus of ordlnar
/ receipts over ordinary expenditures G
+ about $50,000,000, or taking into at
u count the estimates for the Panam
y canal, which are s5G,920.s47 CO. an
- which will ultimately be paid in bond
r IL will leave q deficit for the neS
10 year of about 100000 If congress
10 shall conclude to fortify the canal"
U, The Tariff.
=. The President devotes but littl
:. space to the subject of the tariff lay
- and of 1t he says:
1.-THE schedules of the rates of dut
in the Payne tariff act have been su
20 jected to a great deal OF criticism
Ill some of It Just. more of II unfounde
and to much Misrepresentation. II
~ act was adopted In pursuance Of
III declaration by the party which is T
10 sponsible for 1t that customs b
lu should be n tariff for the protectlt
ui' of home industries, the measure
'st the protection to be the difference |
TO- tween the cost of producing the Il
Ia ported article abroad and the cost
gu producing 1t Of home. together wi
er such addition to that difference
30 might give a reasonable profit to t
.es home producer. The basis for t
ire criticism of this tariff is that In
On spect to d number of the schedul
no the declared measure was not folio
es- ed, but higher difference retained
m inserted by way of undue discrimil
OF ton in favor of certain Industries a
ne manufactures. Little, II any, of
ng criticism of the tariff has been dire
en- ed against the protective princi
'rh above stated; but the main body
Cd the criticism has been based Oil
attempt to conform to the measure
anu protection was not honestly and I
IL cerely adhered to-"
seq The Tariff Board.
its The president refers to the appo
ac- ment of board Of experts to inve
the gate the cost of production Of vari
MY articles included In the schedules
10 the tariff. and says:
usi- 1.-THE tariff board thus appoin
the and authorized has been diligent
IN preparing itself for the necessary
vestigations. The hope of those '
have advocated the use of this bo
ose for tariff purposes is that the ques
OF of the rate of duty imposed q
ent become more of business cues
for and less of political question. tc
he ascertained by experts Of long tr
ing and accurate knowledge
by halt in business and the ahnat tn /