Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1913-12-03

ment lu June mat the treasury was .
ready 10 issue $500. 100000 OF emer
gency currency under the Aldrich. 1
Nreeland act to prevent restriction
Of credits and to ease any situation
Mr. MeAdoo details the treasury's |
offer TO loan to banks Of the coun- I
try money to move the fall crops.
The sum of $46.500,O0O out Of $50.
100000 estimated to be needed was
apportioned among the states.
1T was essential" says the seere-
tary, that the action OF the depart
ment should be bipartisan and non.
political, the crops OF republicans,
democrats and progressiyes 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 diffused as widely and
impartially as possible"
After praising the psychological
value Of these incidents, the report
continues;
"They demonstrate clearly that any
Improvement in our financial system
which will permanently establish con
fidence will in itself be an immense
gain, and If that improved financial
system insures the opportunity to
secure at all times the necessary
funds and credits to meet the ex-
panding and legitimate needs Of the
commerce and industry of the coun-
try. it win be an achievement Of en-
during benefits"
! OF the new tariff act Secretary Nc
Adoo says II has not been In force a
sufficient length of time to make
possible an accurate estimate Of its
ultimate revenue producing powers,
He asks congress to impose nomi
nal tax Of / per cent proof gallon on
all alcohol withdrawn for denatura
tion, and legislation requiring every
dealer in leaf tobacco to make an
inventory Of stock January Of each
year and make a report of his trans
actions quarterly or monthly ant
that every dealer be required to give
bond.
The present oleomargarine law Is
declared to be unsatisfactory and th'
government is said to lose more
taxes from Illicit practices in oleo
margarine than through moonshin'
stills. The difference in the tax OF
colored and uneolored "oleo" is hell
responsible for the loss, and con
gress is asked TO impose a flat nomi
nal tax without any difference 70
color, with provision for individua
stamped or original packages Of cer
tain sizes adequately marked ant
safeguarded The law governing tn
sale Of adulterated butter is declare
Ito have brought about unfortunat
] conditions through the difficulty @
it's just enforcement.
Among his principal recommend
: tions TO congress the secretary place
! the following
E Enlargement Of the public healt
g service and closer cooperate
!. with state authorities to prevent an
$ stamp out epidemics Of disease.
o Building of four revenue cutter
j for need of which, the secretar
a points out the service is seriousl
i crippled.
i Consolidation of the revenue cutie
o and life-saving services into one o
ganization to be known as the Goa
guard. Such consolidation, Il
secretary says, would increase Il
? efficiency OF each service with Il
idea that the new coast guard shou
become first naval reserve in tin
of war. The increase in cost wou
:, be about 100000.
20 The income tax is dwelt upon
!, length but the report estimates tn
:, 425, 900 individuals are subject to
- and that corporations not heretofo
! subject to tax will number abo
+. 10000.
: : Speaking Of scientific research
" the public health service, the repC
says:
"On account OF the announcemer
of discoveries of alleged cures
IN tuberculosis and their bearing
public health, important investi
lly tions of them have been undertake
er, Studies of the Friedman treatmt
'or we're sufficiently advanced by N
in 16, 1919, to justify report that
Ic. observations made up to that II
las did not warrant the confidence
RS. the remedy which had been inspil
zee by widespread publicity This inN
,si. tigation is being continued, as
by also studies of other preparati'
claimed as cures"