The Julesburg grit-advocate., 1914-09-10

9~&sSs~-~'
that plainly might become necessary
and the tine vhsa II became aeces-
sasy could not b. coatrollsd o. deter
missed BY the coaveo1aaes ol ths coun-
Try.
Il would have % b AeterDinea by
the operations and asosssities a the
treasury itself. SseA risks are not
necessary aad ought not to be run.
We cannot too scrupaIoasly or careful
" safeguard . financial situation
which 10. 1t best, while var Continues
IL Europe, difficult aaA Abnormal.
Hssitstioa and delay arc the worst
forms Of bad policy under sscA coadi-
tioos.
ov0ht Nse - 0srrew.
And We ought not to borrow. We
ought to resort to TAXATION. although
We may regret the necessity Of put
ting additional Temporary burdens On
osir people. To sell bonds would be
to make most sntimely and unjustifi-
able demand on the money market:
untimely because this IL manifestly
not the time to withdraw working
capital from other uses to pay the
sovernment's bills: uatustifiabls. ~
cause Unnecessary.
The country 10 able to pay any Just
and reasonable taxes without distress.
And to every other form Of borrowing.
! whether for long periods CT for short
there is the same objection.
Money Market 10 Dsd.
These are not the circumstances,
this IL At this particular moment and
In this particular exigeucy not the
market to borrow large sums OF
money. What We are seeking 10 to
ease and assist every financial trans
action. not to add . single additional
embarrassment to the situation.
The people Of this country are both
intelligent and profoundly patriotic.
They are ready to meet the present
conditions in the right way and to
support the government with gener.
Gus self-denial. They know and under
stand. and will be intolerant only Of
those who dodge responsibility Or are
not frank with them.
Must Aeespt Inevitable.
The occasion 10 not of our own max.
ing. We had no part in making IT..
But II 10 here. It affects u ~ direct
ly and palpably almost ~ II We we're
participants in the circumstances
which gave rise to 1t.
Il We must accept the inevitable with
calm Judgment and unruffled spirits.
like men accustomed to deal with the
unexpected. habituated to take care of
themselves. masters Of their own af-
fairs and their own fortunes. We shall
pay the bill. though We did not delib-
sratsly incur it. t.
AID e,oo. 900, 900 Revenue.
In order to meet every demand upon
the treasury without delay or perad-
venture, and In order TO keep the
treasury strong, unquestionably strong.
and strong throughout the present
anxieties. l respectfully urge that ad-
ditional revenue Of 500. .O00. 900 be
raised through internal taxes devised
in your wisdom to meet the emer-
gency. The only suggestion take the
liberty Of making II that such sources
Of revenue be chosen Al will begin to
yield at once and yield with . certain
and constant now.
cannot close without expressing
the confidence with which approach
q Congress. with regard to this or any
other matter, which has shown 10 un-
firing . devotion to public duty. which
has responded to the needs of the ma
tion throughout a long session. des-
pite inevitable fatigue and personal
sacrifice and SO large proportion of
whose members have devoted their
whole time and energy to the business