The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1910-03-27

party in power has arranged for the
issuance Of bonds. This is not a So
luton of the deficit problem. 1t Is
merely borrowing to pay the losses
resulting from. extravaganza, instead
of stopping the extrava gance to pre-
vent going into debt.
Here are a few comparative figures
which best tell the story of progress
in Republican extravaganza:
Annual Appropriation.
1890 $40, 100000
1900 ................... 600,000,000
1909 1887 sos
Per Capita Cost of Running Govern.
nent.
IeSO .......s..-.-... .......o o-uo
iSoo .'-'.'-'. ...'.... o.oo
William S. Kenyon, general counsel
for the Illinois Central Railroad, has
been selected by President Taft to
succeed Wade H. Ellis as assistant at
torney general in charge of trust
prosecutions. This appointment re-
calls that Lloyd H. Bowers, now So
llctor general of the United States,
vas formerly general counsel of the
Chicago Northwestern; mat Secretary
of War Dickinson was general counsel
of the Illinois Central; that Federal
Judge Lurton, recently appointed to
the supreme bench, bore the reputa-
ton of being friendly to corporations
by temperament; that Attorney Gen
eral Wickersham was formerly attor-
ney for J. P. Morgan and the sugar
trust; and that Secretary Nagel of the
department of commerce and labor
was attorney for the Waters-Pierce
(Standard) Oil Company. Big bust
ness" has no particular complaint
against the Taft administration, thank
you.
AS to the effect of the Payne-Al
drich-Smoot tariff law, protectionfsts
are genially referred to the market
letter just issued by the New York
stock brokerage firm of Warren w.
Erwin & Co., which says: The big
gest cloud in sight is that Of the
high cost of living and the relatively
low wages, salaries and incomes.
Consumption is curtailed by the fact
that two-thirds of our population are
unable to purchase as much goods, per
capita, as they have purchased in past
years. Thus, not only is production
in many lines, especially OF
clothing and food, but there is greater
unrest among the people than ever be-
fore. Because of this unrest and dis
content there will almost certainly be
more agitation, economic and political,
in the next few years, than ever be-
fore"
A tariff war with Canada, which
seems assured as a result of short
sighted tariff legislation, first enacted
in the Undergraduates law,
would be no small shock to the com
merce of the United States. In 1907,
the imports and exports OF Canada, ac-
cording to the figures of the Canadian
amounted to about $780,
900, 900 The figures on Canada's I'M
ports for the fiscal year 1909, as pub
lished by the bureau of statistics OF
the United States government, are
given as only $3.50, DOC, 900, a reduction
of nearly s125,000,000 in imports as
given by the Canadian government
two years earlier. In any event, the
United States during this period is
shown to have furnished about 90 per
cent of the manufactured imports into
Canada. In the event of a tariff war
il is needless to say our merchants
and manufacturers lose this business,
which also means that the American
who have been employed
producing the goods which Canada mas
been purchasing from us will be de-
prived of work. The principal articles
imported by Canada from the United
States by groups in 1907 were: Manu-
features. sSS,OO0,000; mineral produce,
sci 900 900; agricultural produce, s1s,-
75O, 1000: animals and their produce,
IS 500 900; and forest produce, $780,
900.
Nearly a month has passed since
congress passed a resolution request
ing President Taft to Inform the
house what facts, if any, exist which
makes inexpedient a thorough exam
nation" of the sugar trust frauds.
The president, it will be recalled, in
his message of December IA, opposed
a congressional investigation of the
sugar trusts, on the ground that it
might give immunity to the men high
or up' and otherwise prove an en-
barrassment' in securing convictions.
II is now up to the president to show
in what manner the exposures OF the
higher ups" would "embarrass" the