The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1910-12-09
ECONOMY IS
WATCHWORD
PRESIDENT TAFT RECOMMENDS
ECONOMY IN PUBLIC EN-
PENDITURE.
Business Outlook Is Good Along All
Lines and Prosperity Is Assured For
Another Year.-POstmaster On Civil
Service List.

President Taft declared it is time to
stop legislating with reference to regu-
lation of corporations and to witness
the effect of a vigorous execution of the
| laws already on the statute books. The
exact limitation upon business methods
imposed by law will doubtless be made
clearer by pending decisions of the SUI
preme court.
Just at this time, the president says,
he believes the activities of the govern
ment, in addition to enforcement of the
laws, should be directed toward eco
nomy of administration, the enlarge
ment Of opportunities for foreign trade,
the building up of home industry and
the strengthening Of the confidence of
capital in domestic investment.
Mr.. Taft recommends strongly some
form of ship subsidy to increase Amer
lean shipping, especially to South
America.
The tariff board is not ready to sub
NIT report or any of the schedules of
the Payne law, and Mr., Taft says he
will not recommend any tariff legisla-
ton until the new congress convenes
in December, 1911.
He urges that the tariff board be
made permanent and that all future re-
visions be made schedule by schedule.
He vigorously opposes any general
revision.
The Panama canal should be forti-
fed An appropriation of $19,000,00O
Is recommended for this purpose.
There must be no more pork bar
rel" methods in river and harbor and
public building bills. The latter
should be based upon the report of a
commission of experts. In the past
congress has appropriated too much
for buildings not needed and not
enough for buildings badly needed.
Recommendations for anti-injunction
and federal incorporation laws are re-
newed
1t is proposed that second-class
mail rates shall be readjusted SO as
to charge magazines a much higher
rate on their advertising sections.
Strong representations are made
for the establishment of a new bank
ing and currency system.
Two new battleships and several
auxiliary vessels are urged for the
navy.
The president recommends that
COAL phosphate and oil lands and wa
ter power sites be disposed of in the
future by leasing.
Estimates for government expendi-
lures during the next fiscal year have
been cut to $630,4o4O13.12, which is
$50 6o4,897. SO less than the actual
, appropriations for the current year.
The estimated receipts for the next
fiscal year are $680,000,000 The
president urges the extension of the
+; civil service principle to the diplo-
!; matte and consular corps and the &C
QUESTION by the government of the
: residences and offices for its diplo-
matte officers.
: Some criticisms of the Payne tariff
act are just, says the president, but
+, more are unfounded.
There should be more officers for
t. the army The engineer corps should
: be increased by 90.
:; The Notifications at Corregidor is
land, Manila bay, and at Pearl har
:, Dor. Hawaii, should be carried to
t early completion,
/, Regarding the Panama canal the
president says: "The progress o
n, the work is most satisfactory. 1t will
}, be completed we'll within the tim
#, set. Jan. |. 1915, and within the es
n timated cost of $375,OOO,000. TIL
slides in Culebra cut offer no grea
e reason for delay"
e Failure to fortify the canal woul
IS leave the United States powerless t
enforce the universal and equal use Q
p. the waterway against desperat
and irresponsible enemy and woul
h defeat the object of the canal i
increasing the military effectiveness
p, of the American navy The toll
p. should not exceed 81 per net tor
n, The president should be authorized
n, adjust the rates as necessity arise
The government should include in i
ri management of the canal the furnisI