The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-12-07
PRESIDENT SEES
HOPE IN 0UIIl
STRIKES EARRING MOTIF
EVER, IN BRIEF REFEn1
TO THE TARIFF.
REFORM OF CURREE
CALLS iT CRYING NEED ~
TRY--roR LARGER AlGr
AND NAVY.

UNA WI StLtFS bi SIt0EL
which President Taft has py4
for the guidance of congress On
the short session was read lUS
houses here today. The mesnmG1G
devoted TO fiscal, judicial, M1l
and fpsular affairs. Din
The president stated that
conditions in the United Htnt1
never In better condition oS11s3
the country WAS apparently ~
the way toward an unexamplD4T
OF prosperity. He recomm1p
forms, however, in the preaeu<
ing and currency laws, charAG1&
this Legislation as the s'cryfr
of the country" The plan a6l4
by the president as one whicn
rehabiiitate banking and o16&
waS that proposed by the mn1
commission In its report In
AIRY, 1910,
The president also urged tie
ment of the workingmen'D Co..
sation bill now pending In th1 II
declared for the autonomy 81
Rico, but denounced the hoI
pending In congress providing IT.
independence Of the PhiiipptuN
counselled the amendment II
present law governing the dtgeyl[
of dam permits with q view
greater Improvement Of the n4Y
rivers of the United States
In reviewing the work acco5
ed during the past year In ~
President Taft spoke most al
Colonel Cocktails, recommen6l
n ont cF In
promotion of the colonel to tlx1S
Of major general In the Unita1
army.
In speaking OF the protest. r.
British government against IT,
toll discrimination In favor ~
can shipping, the president eR&f4
when such a protest 10 O6Icta1
scented, 1T will be promptly cD4G
and an effort made to reach n
factory adjustment OF any 1ake(
The resident devoted q 200 Ut
of space to the needs Of th6
and navy.
Among the recommendations :
made for the Improvement at Tt
ranch of the government W(@
increase in the battleship 49,
Nftht 10 lGAAtkfG @aANNAOA VI 4
pointment of naval aids to tn
tary Of the navy, mitigation IL t1
ciplinary system in practice n
.he army and the navy. the creA14
a naval reserve through orGaao
Of ex-sallors. and the estAbtiaf
of the rank Of commander 10 Ct
tie sauadrons and fleets OF tha
This latter recommendation vi
line with the suggestion Of d.
rotary of the navy that the TO
flag officers in the United Staton
be increased
The president stated that ~
was in q state of greater ol3G
and was more powerful than ~
fore, but decrted the curtaitn
tho naval budget by congress NJ
With reference to the tmu1QV
of the army. the message
mended a careful study Of IL
sat!on enacted In tho army
priation bill Of last summer -
a regular army reserve with
TO remedying paipable tnp1x1~
the passage Of the national e
bill agreed upon by the authe1
the national guard. and thu -
tatives OF the regular army.
enactment into law OF thu
pending In congress, prOyt
the raising OF an adequato
volunteers In time OF war.
Taft also advocated the 49,
ton OF larger sums for tn ~
tration Of the army. basing
cacy on the necessity OF co-Ge
the scattered regiments az q
army and the reorganixatt0n@
foreign troops. The plan o. h,
cation embodies the policy Of ~
ing less regiments Of full etrG
place OF a greater number ~ r.
II partial strength.
The tariff was dismissed via
reference to the fact that kAl
had elected to congress
pledged TO the enactment
legislation locking toward z
only policy, and recommends
congress change section thirfD
the Payne tariff law Of AuecG
which contains clause YoQu
levy OF an additional 80 D.
the annual excise tax on ncTl
In case OF neglect to verify
scribed return or to file II II
time required by the law.
the president regarded ~
sarily harsh. aS2s|.
In commenting on the repoGE
.orney- General wickersham.
Taft endorsed his stand II
Ter OF advising no radical q
dining CT limiting the 6herx
trust act.
The president commended
gently altered equity rules a&
the procedure on the equity
all federal courts and RECON-
that the Supreme court ~
TO proceed to the revision n
governing the procedure u
courts on the common Law n
revision. the president hi
greatly expedite and aimplI
procedure in the federal cuuG4
With regard to business
sent said:
THE business Of the Counal
IN a solid basis. Credits IN
duly extended and every
the situation seems to " ~
Of preparedness for = par11
prosperity. XlxSSs
.rade OF the country for
I'll exceed $4,000, 0oe .0oo.
balance in our favor--thNf
eess of exports over is1i
exceed $500, 600. 000. II n
" bumper crops; the e.
ralue Of farm products
IS, soc, 100000. II II = yoe&g
init or bushei price of r.
products has greatly falIo
he total value Of the
-egister IN greater BY ovax
700 than We have KNOWN
DRY.
THE condition rf ~
'ery satisfactory. THE t6
fearing debt y sse1.711.1
I1S4.6s1.sso constituto
anal loan. Tho nouAi
ng debt - S37S,sol.1o1,
|34SsS1.diS OF gTeenhn1
N the treasury e1to.oo
.oiH an 4 reaeFya
Itapding grsenbaelns 6