New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-12-15

but 10 the tyranny OF the minority.
UNIFORM BOOKKEEPING.-On Of the
important. although collateral, effects OF the
corporation tax is TIE rapid progress being
made by the larger corporations OF 'ne
country toward uniform system OF doom
keeping aud accounting. The first year tha'
il was attempted 10 assess this tax the
widest variety of systems was found 10 eN-
list and statements of financial matters
made by one concern would be almost UNI
intelIigiblc TO another Many corporations
were Obliged to appear directly to the COM
missioner of Internal Revenue for ADVICE
Many OF those 30 appealing have since
adopted the methods he suggested az
part of their system OF accounting. As
consequence great progress has been mace
toward a uniform system among Industrial
corporations. On the part Of the puohc
service corporations such uniformity is naue
practically compulsory by the interstate
commerce law, and ~ there is dlsposi-
ton TO harmonize the advice given by the
Commissioner of Internal Revenue with the
methods prescribed by the Interstate OoHi-
merce Commission, The result is Tendency
toward a uniform system of accounting III
all the large business concerns OF the coun-
try, an achievement the more important III
view OF the tendency toward a system OF
federal incorporation and the supervisor
of such corporations by federal comm's-
sioner or commission.
THE CALIFORNIA PRIMARlEs-Ihe
news from California TO the effect that ."e
Legislature OF that state will proVloe io'
a statewide primary TO select delegates "
the national conventions is tho occasion y.
qualification 10 all who have the poliuoa'
interests Of the President at heart - H.
indeed \ triumph for those who have Deeh
summarizing Mr.. Taft in that state. WITHOUT
such a law California would unqueston-
ab,v have sent La Toilette delegation to
the national convention. The selection OF
delegates 20 that convention resteo eh''eS
I'm the hands of Governor Johnson aIlo us
organization, which was conmtted 10 La
Toilette This being the case the IiieiuS
of the President have been urging pro-
vision for a Presidential primary ana ''e
Governor has yielded TO tho pressure
which was largely augmented by inc aoop-
i'm, of woman suffrage last fall. one or tho
arguments against permitting the eAiSuhs
accumulation TO select the delegates being
that such a method would deprive the
women Of the state, now Qualhed voters
of all opportunity 10 express preference
for President, AS recently as October 10
Governor Johnson. az may he seen oN
reference to the flos of The Tribune re-
fused TO commit himself to the Preslden'lal
urinary idea. his reluctance being due 10
the pressure brought to boar on him by the
la Toilette supporters. who fear that Win
q general primary their candidate VIII lose
the state delegation. The Governor finally
Welded TO the demands OF his state, now
ever. and he is now authority for the
statement that his recommendation VIII be
favorablv acted on by the Legislature.
WAXING FAT.--Senstor Lorimer. VINO
81 was announced Yesterday, would soon
take the witness stand I'm his own defence
was coming through tho lobby OF the Sen
ate to-day when he was met by colleague
who greeted him most cordially and IN
ouired for his health I'm first rate re-
plied the Senator from Illinois. TIN all
right. except that I'm getting too fat. III
he glad when this pesky investigation IL
over. because 7 hope then 10 get chsncs
10 take little regular exercise giance
AT the rotund figure of the Illinoissn testi-
fles 70 the truth OF mis- assertion. althoush
Il must cause come surprise TO those who
ALI along have believed they were worry
ing him TO a ghost OF his former self, and
have worn themselves thin In the at
,aurt G.. @. II.