The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1910-12-07

examination in favor of certain indus
tries aud manufactures, Little. II
any, Of the criticism Of the tariff has
i been directed against the protective
lprinciple above stated but the hain
body of the criticism has been based
Ion the charge that the attempt to
lconform to the measure Of protection
Twas not honestly ana sincerely ad'
hered to.
4 AZ Tariff Board.
| The time in which the tarin was
prepared undoubtedly was SO short
las to make it impossible FOR the CON,
gress and its experts to acquire the
Information necessary strictly to con
form TO the declared measure. In
order to avoid criticism Of this KIND
\ i'll the future and for tine purpose OF
more nearly conforming TO the party
promise. congress at its last session
4 made provision at my request for the
continuance OF board created undei
| the authority of the Maximum and
| minimum clause OF the tariff bill, and
| authorized this board to expend the
| money appropriated under my direc-
/ ton for the ascertainment OF the
hest cost OF production at acme am
abroad Of the various articles includ-
ed in the schedules Of the tariff. Tire
tarif beard thus appointed and an.
| thor7ed has been diligent in prepaf-
/ Ing itself for tle necessary investi-
igafions The AoPe OF those VINO nave
advocated the use of this board fer
ltariff purposes is that the question
lof The rate of a duty imposed shall
lbecome more of a business question
and less of a political question, 10 be
ascertained BY experts Of long train
ing ana accurate knowledge The
halt In business and the snock to
business. due to- the announcement
that new tariff bill is to be pre-
pared and put IN operation, will be
avoided, by treating the schedules
one by one as occasion shall arise for
change in the rates OF each, and
Nn,v after 2 reDor, upon the schedule
by the tariff board competent to make
sucn report. 1t is not likely that the
board will be able to make report
/ during the present session Of con
gress an any OF tae schedules, be
cause a proper examination involves
an enormous ap1tnt Of detail and 2
great deal Of care: but J hope to be
able al the opening Of he new con
gress, or at least Turing the session
OF ,hat congress, to bring to its atten-
tim the facts in regard to those sehe-
dulles in the present tariff that may
prove to need amendment
Banking and Currency Reform.
The method of impartial scientific
sta,ly by experts as a preliminary tc
legislation, which ! hope to see ulti
malely adopted as our fixed nationa
lpohcy with respect to the tariff, riv-
ers and harbors, waterways. and pub
he buildings, is also being pursued
by the non-partisan monetary commits
sion of congress. An exhaustive and
most valuable study Of the banking
and currency systems OF foreign coun
tries has been completed.
A comparison of the business meth
DDS and institutions OF our powerful
and successful commercial rivals witt
our own, is sure to be of immens'
value urge upon congress the
Importance Of non.partisan and dis
interested study and consideration o
our banking and crrency system /
Is idle to dream VI commercial eXpan
sion, and OF the development OF on
national trade on a scale that meas
ures up to our matchIess opportuni
ties, unless we can lay solid founda
ton in a sound and enduring bank
, ing and currency system. The prob
lem is not partisan. is not sectional
II Is national
Rivers and Harbors.
have already expressed my opin
Z ion to congress in respect to to
character Of the river ana harbor bill
, which should be enacted into law
: AMI have exercised as much power
as | have under the law in directint
the chief of enginees to make his
eports to congress conform TO thC
needs OF the committee framing suc'
a bill in determining which of the
: proposed Improvements Is the more
!. important and ought to be complete
7 iirst and promptly.
Panama Canal.
Al the instance Of Colonel Goethas
, the army engineer officer in charg
Of The work on the Panama canal,
u have Just male visit to the Tsthm.
: to INSPECT the work done and to con
lsult with him Oh the ground as tC
: certain problems which are likely {
!, arise IN the near future. The Pre-
I gress Of the work Is most satisfac
I tory. IT no unexpected obstacle pre-
7 SCENTS itself, the canal will be con
7 Ipleted well within tie tie fixed b,
p | CntnnaI Gnatbo1a IN u,tt Iapt,nr,,