The Delta independent., 1913-12-12
SECRETARY M'ADoo IN REPORT
URGES CRUSADE FOR HEALTH


congress, delivered few days ago.
was largely confined to a review of the
achievements of the treasury depart
mentin matters that have been of ma
tion wide interest; to recommends
tions for increased appropriations for
bureaus under his authority, and for
Legislation which, he declared, is nee
essary to the better conduct of the
government and the protection of the
people as a whole.
The secretary discussed at some
length the subject of currency legisla-
tion, reviewing the activities in his de-
partment related to it. He spoke of an
unrest in business circles, following
the beginning of the special session of
congress in April, referred to ''propa-
ganda of pessimism which. designedly
or not, produced a condition of ex-
me nervousness and tension and
pointed to his announcement in June
that the treasury YVES ready to issue
00,000.000 of emergency currency
undr the Aldrich-Vreeland act 10 pre-
vent restriction of credits and to ease
any stringent situation.
Mr. McAdoo detailed the treasury's
offer to loan to banks of this country
money to move the fall crops. The
sum of s46,5OO0,OOO out of s50,oO0,oo0
estimated to be needed was apportion-
ed among the states.
1T was essential said the secretary,
that the action of the department
should be non-partisan and non-politi-
cal; the crops of Republican. Democrat
nd Progressive. and all other classes
of people. had to be moved, and the
earnest effort of the department was
to have the benefits of this action as
widely and impartially diffused as
possible
After praising the psychological
value OF these incidents, the port con-
tinued:
They demonstrate clearly that any
improvement in our financial system
which will permanently establish con-
ndence will in itself be an immense
gain. and If that improved financial
system assures the opportunity TO Sc
cure at al times the necessary funds
and credits to meet the expanding and
legitimate needs of the commerce and
industry of the country, it will be an
achievement of enduring benefits.
These incidents also show conclus-
lively the enormous value of an altru-
istic governmental agency in the fl
nancial affairs of the country. So long
as the government las the power to
intervene in a beneficent and unset
fish way, the danger of panics and of
unjust practices will be largely. If not
wholly destroyed. This is one of the
chief objects sought in the proposed
reformation and reorganization of our
banking and currency system. The
people of the country are to be con-
graduated upon the early prospect of
sound legislation on this vitally i'm
portant subject. Should the congress
enact the fundamentals of the pending
measure. it is believed that permanent
protection will be provided against
CTlStS lldi
adequate facilities will be created for
that legitimate and sound expansion of
credits so vital to the prosperity of
our great and growing country"
OF the new tariff act Secretary Nc
Adoo said 1t has not been in force a
sufficient length of time to make pos
sible an accurate estimate of its ulti-
mate revenue producing powers. He
asked congress to impose a nominal
tax of l per cent proof gallon on all
alcohol withdrawn for denaturation,
and legislation requiring every dealer
in leaf tobacco TO make an inventory
OF stock January l of each year and
make a report of his trasactions quar-
terly or monthly, and that every dealer
be required to give bond.
The present oleomargarine law is
declared to be unsatisfactory and the
government is said to lose more taxes
from Illicit practices in oleomaagrrine
than through moonshine stills.
Among his principal recommends
tions to congress the secretary placed
the following:
Enlargement of the public health
service and closer cooperation with
state authorities TO prevent and stamp
out epidemics of disease.
Building of four revenue cutters for
need of which the service is seriously
crippled.
Consolidation of the revenue cutter
and lifesaving services into one organ
ization. to be known as the coast
guard