New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-10-21
Hope to Block Republican
Search for Party Cam
paign Material.
CAN ISSUE BONDS
WITHOUT NEW LAW
Administration Expects farm
Discussion. but Fears NO
Harm from II.
Iron The Trbur. Bureau !

kent as far out OF sight as the admin
istrAtion and the Democratic party can
keep them, both in the coming session
Of Congress and in the national cam
pairn. No tariff revision, no increase
in the war levies. no extension OF the
income tax will be discussed with the
permission or good will OF the Demo
Gratis. and II the Republicans either IN
Congress or in the campaign wish 70
make revenue an issue, as the Demo
Gratis believe they do, they will have
20 present some definite revenue-rais
ing scheme Of their own.
This. the administration believes, will
give il the whip hand on the revenue
discussions during the campaign. The
lax laws Of various kinds passed by the
las, Congress. it believes, are either
forro,ten or defensible. Whatever plan
the Republicans father can be attacked
inns putting the Republicans on the de-
fersive. while the Democrats, with no
such measure as a target for RepuD-
lean logic. will feel themselves com
paratively safe. oooo
This plan requires that the sl42OOo'-
600 increase in the army and navy ap-
propriations. the heavy ship purchase
KIN experse. the cost Of the rural credit
scheme and the Treasury dehclt, when
has been growing ever since the IN
derwood- Simmons tariff law went INTO
effect. be met by the sale Of bonds:
There are in the treasury about
s25O 900 600 Of Panama Canal bonds,
larcelv saved through the surplus &C
cunulated rnder Republican admins
ration. which can be issued without
anv action by Congress. II these bonds
r,eet the great difference between
Derocratic income and Democratic ap
nronriation there will be no need, TINS
wear. Of any legislation increasing lne
revenues The administration j.
ready committed 10 the re-enactmeht
~ the war revenue levles ana 70 re-
tanning the duty on sugar which unoer
Tho Underwood Simmons act, should go
on the free list on May !.
Democratic Strategy.
This. in brief, is the Democratic
strategv as outlined by party leaders
bere for the campaign of 1915. Ihere
ore some breakers ahead for the pian'
b,t inst now the leaders believe that II
i feasible and will be successful ~
+, they hone 20 accomplish several
things. II will 90 far toward deprlying
tho Republicans Of their best chance 70
rofke campaign material out of the
coming session of Congress. II Will
,yoid reminding the country Of the rev.
enne measures already passed, some OF
Mich the administration is not snx-
i,us 70 make campaign issues. Most
innortant Of all, II will give the Demo-
oats a chance = eXpatiate on thelr
record for constructive legislation
without being interrupted by tax pay
er. with fresh grievances over me bl!is
they are called on to pay.
This plan, il is evident, makes no
provision for the future Of the great
defence programme which is being put
forward as a Democratic measure, aad
which will cost well toward S2O9OOO,.
600 for each OF the next five years, II
kept up to the plan the Democrats have.
advertised. The national savings OF
MANY years will be exhausted by the
train necessary TO give the carty this
on. wears breathing spell before facing
tho financial conditions IL has brought
about. But-the election occurs in that
weir. Then, with another four-year
lease. the leaders believe they Fan find
some way out. At any rate, they Will
have gained four years.
There is, naturally, no hope Of keep
ing the Republicans from discussing
the tariff and other revenue measures
Democrats profess TO be quite willing
10 have the tariff brought to ;hc front
again, and ask 70 be shown any state
tina. could be carried to-day on h tariff
issue. They believe, however, that by
leeping revenue out Of Congr 'ss they
can greatly limit debate there and de-
pr,vo il of any immediate point or in
tcres. to the voters; in short, keep dis
crAsion Of the economic side Of thI
Wilson administration down 10 min
imum, as well as make the Republicans
Lear the burden Of providing their owr
issues.
Plan Will Be Attacked.
II is recognized that the plan will be
attacked both inside and out of the
party. Mr. Bryan, in an interview II
The Tribune. has already declared him
self against the bond issue and pointed
out that the tax eaters" will have e
face the voters at the polls. The fac
that the revenue issue will have 20 b'
met in the winter following the elec
tion is an admitted weakness, though j
is not believed this future evil vii
have nearly so much weight with N,
voters as one actually present, and th'
very indehniteness OF the programme
will avoid the danger of lineup by
no ha hi hy bof .xr
plan might be adopted.
All these evils are believed 10 b,
much less than that of launching
definite revenue programme, with tn
certainty OF facing revolt from tn
large classes who would be affected b.
any plan that would produce $3.50, 900,
600 year.
The possibility Of raising funds. Tn
Tribune learns, has been the chic
question involved in planning the at
minisIstion's legislative programm,
including defence, for the coming Sc,
sion. X was realized early in the sun
mer that the party would not dare z
before the people without having pr
viced IN some large way for the IL
crease Of the arsny and navy, and n
question then was how it could be dor
without imposing additional tax,
which would make dissstisfaction a
most equally general
real increase in the tariff WI
never seriously considered. Even m
plan 20 let the sugar duty stay wa
adopted only after long hesitation, q
u was realized that any change in N
schedule. which had been one Of III
Presidents pets, would involve an ac
mission that the Underwood Smmon
gCf Was not ouffo uorFar. Thar 49,.
ONE talk. too. % replacing the duty OF
wool. but when 10 was found that eve
fhc wool raising states would take littl
Interest IN this. since because Of n,
Nar wool was now averaging al leas
~ cents pound higher than unde
p, Republican protection, the plan wa,
.wr.F