Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1910-12-09
NEED OF ECONOMY POINTED OUT
Has Little to Say About the Tariff Work on
Panama Canal Is Reviewed---No Change
in Anti Trust Laws Interstate
Commerce Laws Are Discussed.

each department chief TO reduce the
estimated cost of his department for
the ensuing fiscal year ending June
80, 1912. / say this in order that con-
gress may understand that these esti
mates thus made present the smallest
sum which Will mai tain the depart.
ments, bureaus and slfices of the gov
ernment and meet it's other obliga-
tlons under existing law, and that a
cut OF these estimates would result
IN embarrassing the executive branch
Oh 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 obli-
gatlons under authorized contracts
nor does 1t apply to the public build.
ing bill nor to the navy building pro-
| gram. or 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
dinary obligations of these functions
of its departments, bureaus and Of
| fees.
"The final estimates for the wear
ending June 80, 1912, as they have
been sent to the treasury on Noyem-
Der ~ 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 $500, ,494 ,013.12. This
! is S52,964 4,SS736 less than the an.
preparations for the fiscal year end.
ing June 30 1911. 1t is $16,SS3,153.44
less than the total estimates, includ.
ing supplemental estimates submitted
to congress by the treasury for the
year 1911, and is $5,574 ,659.3e less
than the original estimates submitted
by the treasury for 1911.
These fiugres do not include the
appropriations for the Panama canal
the policy in respect to which ought
TO be, and is, to spend as much each
year as can be economically and eff.
fectiyely expended in order to com.
plete the canal as promptly as posi-.
bic, and therefore. the ordinary mo-
tive for cutting down the expense of
the government dces not apply to an
preparations fer ehis purpose.
Against the estimates of expendi-
lures, S640, 0,i9e, ,013.12, we have estimat-
ed receipts for next year $3.50, 600, 900.
making probable surplus of ordinary
receipts over ordinary expenditures of
about $5O,000,000, or taking into ac-
count the estimates for the Panama
canal, which are $56,92OS47.69, and
4. u.
which will ultimately be paid in bonds.
1t Will leave deficit for the next
year of about S7,000,000, IL congress
shall conclude to fortify the canal"
The Tariff.
The President devotes but little
space to the subject of the tariff law.
and of it he says:
The schedules of the rates of duty
in the Payne tariff act have been sub
jected to great deal of criticism.
some of 1t just, more of 1t unfounded.
and to much Misrepresentation. The
act was adopted in pursuance of a
declaration by the party which is re-
sponsible for 1t that customs bill
should be a tariff for the protection
of home industries, the measure of
the protection to be the difference be.
tween the cost of producing the i'm
ported article abroad and the cost of
producing 1t at home, together with
such addition to that difference as
might give reasonable profit to the
home producer. The basis for the
criticism of this tariff is that in re-
| spect to number of the schedules
| the declared measure was not follow.
| ed, but higher difference retained or
inserted by way of undue discrimina-
tion in favor of certain Industries and
manufactures, Little, II any, of the
criticism of the tariff has been direct.
ed against the protective principle
above stated; but the main body of
| the criticism has been based on the
| attempt to conform to the measure of
| protection was not honestly and sin
| cerely adhered to-
The Tariff Board.
| The president refers to the appoint
ment of board of experts to investi-
gate the cost of production of various
articles included In the schedules of
the tariff, and says:
"The tariff board thus appointed
and authorized has been diligent In
preparing itself for the necessary in
vestigations. The hope OF those who
have advocated the use of this board
for tariff purposes is that the question
of the rate of duty imposed shall
become more OF business. question
and less of political question, to be
ascertained by experts of long train
ing and accurate knowledge. The
] han IA business and the shock to bust.