The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-02-24
i TAKES FALL
FOF NEWSPAPERS
|1eut, in Address to New
'sey Business Men, Goes
Into Figures.
<fyG no CONGRESS-
TO BE ECONOMICAL
|ns Why Panama Canal Is
Twice as Much as
Estimated.

.Rk. n. J.. Feb. @3.-President
.|1ccd his prepared address be
. Newark board Of trade tonight
'.ssionate statement of his feel
Ia being a year In tho White
Mich brought the audience to its
n cheers. He took occasion to
-cspccts to the newspapers, say
xas going home 10 Washington
tbcm.
not Intended To say anything
.ubject OF my first year in the
ouse." said the president, "bui
hat Governor Murphy has SO
b said. ] cannot refrain from a
word or two.
'true told him j wanted 10
IA year ago. ! am not certain
| II now. He said something
newspapers. When the news
he prOne 10 criticism and some
Me in ha.nmcring Your admin
treating Il sometimes with con-
b dlsdain and sometimes with
ne frlendship. IL is hard TO over
} feeling that perhaps you ought
Ill over again.
Has Little Hope.
cp OF oll that, 10 haze received
1me which | did today gives a
b that perhaps the newspapers
~ In their pockets all OF public
aud that, perhaps. the American
Afe able 20 see through some
hpoc1i tism. something OF the
and something OF the hypocrisy.
bar a real sympathy with the
10 uder a considerable RESPONSE
s Ding the best he can.
~ that sometimes dcnlonstra =
I unloading. but ! am going TO
a ] have said, that your recep-
b and tonight is sincere. and |
10 take that flatterlnC unction
VI as | go back 10 Washington
The newspapers.
,. therefore. that when ! came
" was In a frame OF mind
NE your welcome as balm 10
ADd | carry away n sense OF
mat Will never depart from my
4 TAFT. tic first chief cxecu-
Grant 10 visit Newark. today
.one OF the largest and most
e dinner audiences he has met
ravels. The banquet was given
Tark board of trade. and more
nembers and guests attended.
u Taft. after acknowledging
re of being afforded the -oppor-
speak 10 the business men OF
81, said:
II accepted the invitation TO
& | learned that I was TO have
Ee OF being u fellow guest with
\ Senator Lodge. and that he
We up the question of high
4estion that has occupied the
"a ali the people and has in
hvestigation into It's cause ny
'<ss OF the United States and
'oi the state legislatures. For
'cf the evening. ] should like
pour attention TO a more prosy
u The question OF government
and government revenues. and
Die economies and what cxpcn-
re essential at whatever burden
On.
As to Budget System,
FIRST place, ii should be said
nave been so far from exhaust =
esourccs OF national taxation and
cvcnues have been collected so
nd In such an amount. that we
sd In the pssl TO adopt . budget
"nicn Is prscticed in every other
country. BY a budget system
! reference of proposed eXpendI =
receipts to some one authority
aai, which. after determining
revenues will be. must also de-
WAL tile expenditures can be.
q budget without deficit.
legislative body. which pro-
revenue and authorizes The
~, time was when the COM
n ~ays and means. on the one
-prmined the revenues OF the
t or provided the laws for
pcm. and. on the other hand. de-
INC appropriations and meas
Expenditures.
Faults in Our Plan.
'or many years iu our congress
pcuons have been divided, The
ate, provided by tho ways and
on'fnlttec of the house and the
pnihlttce oi the senate and sub
= lnelr respective houses. while
yf'auols are made by The 3p-
ogS committees OF the house and
'no. III loo many Instances. with
1-snt reference 10 the revenues
etions.
!, SO happened that in many
.ue past the revenues have in
poie rapidly than the cyrendi-
''n tnere has been 4 surplus. In
~ INC Dingley bill. which car
.som 1896 to 1908. the appropTla-
sse serleh aa the expenditures by
-,.y.voo'oDu. but the surplus took
sns carly years. so that IN 1908
Z uchcit, and In 1909 VIC had 3
FfaiseS New Tariff Bill.
,'..sIpulslions Of the secretary oi
az ior the present year showed
1focit Was likely to be $4,000. -
,prt TO ordinary receipts and
M am glad 10 say that ihc
~ tne now tariu bill has been
III, jyle productive Of income that
-nsior ior thc current year is likely
" .Iaoly reduced. In addition,
~ the ordinary dehrit we have
.l- rahama canal expenditure foI
y. provision OF the S3s 600 900 or
~ sumatnd 10 be a total deficit
ihs rs now reduced cousidera
1III oe''er rates under the present
4 csneng the expenditures on the
VI with the proceeds Of bond
, fn neVe enough cash in the
,ensasn ancet The deficit In our ordin-
~, ior the current year. and
f1al tuc expenditures on the Pan
u,r,y, NV, me following year We shall
r,paif Of s35 .00G 900; or. II tn.
crrry.'ncIng capacity Of tho. nov
hIsp up TO its present indics
|Dd 'urpius may ho Increased ii
4 pn tho ether hand, ii Tin,
al fF,ppposcS tn add To the rNpeu.
5or government over thoso as.
rhor nv" w." enterprises in tho rive,
M, and Tor the construction
riiI'hi pulldings under n buildinl
lre rs we Easy 10 consume on cxcect
asng for the Canal.
nn n, must admir- tho wisdom o
|liires lhc haSmcnt Of thc can.
nanon, Ny bonds. This Is u wnrl
Ii fha, Character, and II Seems
gennrolat mat which We provide il
|bc rs,J m"asGfc Tor postcrit'
y u ior in .aIt. at least. b,
only Is sno,. -