Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-08-31
President Fears Grave Ques-
tons IN Connection With
European War May Arise at
Any Moment.
INTERNAL REVENUES TO
BE QUICKLY INCREASED
f all-off In Tariff Duties Makes
1t Necessary TO Place More
Taxes on Luxufies to Meet
Expenses.

fsf MORNING JOURNAL SPECIAL LEASED wtsel
Washington, Aug. SOTO prepare
Tor an emergency arising from the
European war the president and nd
ministration leaders are endeavorine
TO assure the presence Of quorum OF
both houses of congress in Washinp=
ton. House leaders have made i'm
perative demands for return Of absen-
tees and they are flocking In on every
train. Already there IL substantial
quorum
In the senate a quorum has been
present at all times. but many sena-
tors are absent and democratic alb
sentees have been urged to return at
once, Their participation is desired
particularly in conference to be held
this week for consideration of the leg
islative program. h
War Revenue Question.
While the conference primarily Is
to determine upon the nature Of a war
revenue measure TO offset losses in
revenue due to the war. some aspects
of the foreign relations of the nation
with particular reference to the Far
East may be considered.
Philippine exports are giving the
administration concern just at this
time because of the conflict between
Japan and Germany. A plan to place
ban on all exports from the islands.
except TO the United States, while the
war in Europe continues is under con-
sideration. II is argued that should
shipments from the Philippines to
1ermany or Austria be captured by
The Japanese an embarrassing situa-
Iion might arise. The same might be
true should exports TO Japan be seiz-
ed by Germany.
Philippine Question Again.
Administration senator's who have
been studying the situation believe
mat an ounce OF prevention is worth
pound OF cure" and they are urging
tetlen by congress TO avert trouble
which might be precipItated through
phlllppine commerce. They recognize.
however, that If the commerce is
stopped some provision must be made
Q compensate for losses that will fol-
ow.
The general subject will be dis
'ussed with the president when he re-
hrns from his brief vacation trip to
'ofnlsh. n. H., early in the week.
Inc slump in customs receipts be-
ause of the war has made a special
Internal revenue tax urgently neces-
airy. The president probably will adj
lfess congress ON the subject during
ne week. Already a bill is under
preparation and democratic confer
nee will discuss it fully. Present in
leations are that the tax will be con-
ined to beer, domestic wines and pat
mt medicines.
Antitrust Bill to Pass.
II 1t Is determined to drop the rail-
cad securities bill TO be taken up next
inter, II Is probable the antitrust
rogfam VIII be completed without
iuch further delay. The president
az indicated his willingness that the
leasure go over and in that case the
layton antitrust bill will be passed
y the senate this week and confer
nee reports on this bill and the fed
raj trade commission measure prob.
Diy Would be made without waste of
me.
conference agreement on the adj
Illustration war risk marine insur-
nee Dill also is expected soon. The
III PROBABLY will he signed and in
'fce before the week ends. Complet-
Y the administration plans for re-
ewing present emergencies due to
ie war and for inaugurating a perm
heht American merchant marine. the
up purchase proposal will be active
pressed. The house naval commit
=, however, will discuss with the
resident proposal to substitute an
creased naval auxiliary program for
e projected private shipping COM
my under government control and
TN Inc government as majority
ockholder
other measures now in conference
e the narcotics bill and the sea-
ems Dill but there is nothing to in
cate When agreements will be
ached.