Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1912-12-13
PRESIDENT SENDS ANOTHER MESSAGE
Tells Congress About the Fiscal, Military, nsuIar
and Judicial Affairs Of the Nation, Including
Panama Canal and Tolls Established.

judicial affairs and in part is as follows:
The condition of the country with ref
erence to business could hardly be better.
While the four years of the admnistra-
ton now drawing to a close have not de-
veloped great speculative expansion or
wide field of new investment, the recov-
cry and progress made from the depress-
ing conditions following the panic of 1907
have been steady and the Improvement
has been clear and easily traced in the
statistics. The business OF the country is
now on solid basis. Credits are not
hnduly extended and every phase OF the
situation seems In a state of prepared
ness for a period of unexampled prosper
lty. Manufacturing concerns are running
at their full capacity and the demand for
labor was never 30 constant and growing
The foreign trade OF the country for this
year will exceed 1900, ,000, 900, while the
balance in our favor-that OF the excess
OF exports over imports-will exceed $780,
100000. More than half our exports are
manufactures or partly manufactured
material, while our exports of farm pro-
ducts do not show the same Increase of
domestic consumption. 1t is a year OF
? bumper crops; the total money value of
farm products will exceed 80 ,oo0,0oo 1t
In n year when the bushel or unit price
of agricultural products has gradually
fallen, and yet the total value OF the en-
tire crop is greater by over 81, ,ooo, 1000
than we have known In our history.
Condition Of the Treasury.
The condition OF the treasury is very
satisfactory. The total interest-bearlng
debt Is 1858. 7T.T7o. of which $l34 s3l.9 $50 con-
stiute the Panama canal loan. The non
interest bearing debt Is $37S, ,30l, ,2S4.90, in
cluding Ss46 GIL. .oI6 of greenbacks, We have
in the treasury $3.50 1900 in gold coin as
a reserve against the outstanding green
backs; and in addition we have a cash
balance In the treasury MS a general fund
of $167. .1b2, 1889. or an increase Of Ss6,g75.-
662 over the general fund last year.
Receipts and Expenditures.
For three years the expenditures OF the
government have decreased under the in
-ffuence OF an effort to economize. This
year presents an apparent exception. The
estimate by the secretary OF the treasury
of the ordinary receipts, exclusive of pos
tai revenues. for the year ending June
%. 1914, indicates that they will amount
20 $17e 100000. The sum of the estimates
of the expenditures for that same year,
exclusive of Panama canal disbursements
and postal disbursements payable from
postal revenues Is 1892 900, indicating
deficit of So, 100000. For the year ending
June 30. 1913 similarly estimated receipts
were s667 100000, while the total corre-
spending estimate of expenditures for that
year. submitted through the secretary OF
the treasury to congress, amounted to
$3.50, ,0o0Oo0 This shows an increase of
$500 COO In the estimates for 1914 over
the total estimates of 1913 This is due to
an increase OF SIS 900. 600 in the estimate
for rivers and harbors for the next year
on projects and surveys authorized by
congress: TO an increase under the new
pension bill of So, 10000; and 10 an in
crease in the estimates for expenses of
the navy department of $24,O0o0o0. The
estimate for the navy department for the
year 1918 included two battleships. Con-
gress made provision for only one battle
ship, and therefore the navy department
has deemed It necessary and proper to
make an estimate which includes the first
years expenditure for three battleships
in addition to the amount required for
work on the uncompleted ships now under
construction. In addition to the natural
increase in the expenditures for the un-
completed ships and the additional bat
tleship estimated for, the other increases
arc due to the pay required for 1000 or
more additional enlisted men In the navy,
and TO this must be added the additional
cost OF construction imposed by the
change in the elght-hour law which
makes II applicable to ships built In pri-
vRte shipyards.
The president then explained at some
length the national reserve association
system recommended by the monetary
commission and urged congress to ex-
anime the plan impartially from all
Btandpoints and then to adopt some
plan which will secure the benefits de-
sired
Concerning the tariff he had little to
say in view of the fact that new con-
RreSS mas Dee0 eleCLeu on q
of tariff for revenue only.
Army Reorganization.
Our small army now consists OF So 500
men, excluding the 5000 Philippine scouts.
Leaving out of consideration the coast
artillery force whose position Is fixed In
our various seacoast defenses and the
present garrlsons of our various insular
possessions, we have today within the
continental United States n mobile army
OF only about 35, COO men. This little force
must be still further drawn upon to sup
' ply the new garrisons for the great naval
base which Is being established at Pearl
Harbor. in the Hawaiian islands. and to
protect the locks now rapidly approaching
completion at Panama. The forces re-
naming I'm the United States are now
scattered in nearly fifty posts. situated
for variety of historical reasons In
twenty-four states. These posts contain
only fractions of regiments, averaging
less than 700 men each In time of peace
II has been our historical policy to ad-
minister these units separately by geo
graphical organization. In other words.
our army in time of peace has never been
united organization but merely scat
tered groups of companies battalions and
regiments, and the first task In time OF
war has been TO create out of these scat
tered units an army fit for effective team
work and cooperation.
TO the task of meeting these patent
n defects. the war department has been ad-
drsnsing itself during the past year. A
y. comprehensive plan OF reorganization was
prepared by tho war college division OF
the general stan This plan was thor
onRlly discussed last summer at a series
of open conferences held by the secretary
OF war and attended by representatives
from all branches of the army and from
congress. In printed form 1t has been
distributed to members OF congress and
throughout the army and the national
guard, and widely through institutions OF
learning and elsewhere In the United
States. In It, for the first time. we have
n tentative chart for future progress
The National Guard.
Under existing law the national guard
constitutes, after the regular army, the
first line of national defense Its or
ganization, discipline. training, and equip
ment, under recent legislation, have beer
ass!milated, as far as possible. to those
OF the regular army, and Its practlca
afdclcncY. under the effect of this train