The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1915-12-10
SHOULD AGREE ON POLICY
IN THE PHILIPPINES.
Recommends Early Adoption Of Meas
urss Giving Them Fuller Justies.

ures Givin9 Inem ruler JUSTICE.
There is another matter which seems
to me to be very intimately associated
with the question Of national safety
and preparation for defense. That Is
our policy toward the Philippines and
the people Of Porto Rico. Our treat
ment of them and their attitude to-
ward US are manifestly of the first con-
sequence in the development Of our
duties in the world and In getting q
free hand to perform those duties. We
must be free from every unnecessary
burden or embarrassment, and there
L. no better way to be clear of en-
barrassment than to fulfill our prom
iseS and promote the interests Of those
dependent on us to the utmost Bills
for the alteration and reform Of the
government of the Philippines and for
rendering fuller political justice to the
people Of Porto Rico were submitted
to the Sixty-third congress. They will
be submitted also to you. l need not
particularlze their details. You are
most of you already familiar with
them. But / do recommend them to
your early adoption with the sincere
conviction that there are few measures
you could adopt which would, more
serviceably clear the way for the great
policies by which we wish to make
good, now and always, our right to lead
in enterprises of peace and good will
and economic and political freedom.
tNIn f., I,A .f
the nation which | have outlined and
for the general policy OF adequate prep
aration for mobilization and defense
involve. of course. very large addition
al expenditures of money, expenditures
which will considerably exceed the es-
,, timated revenues of the government.
1t Is made my duty by law whenever
the estimates of expenditure exceed
the estimates of revenue to call the
attention of the congress to the fact
and suggest any means of meeting the
| deficiency that 1t may be wise or pos
sible for me to suggest. | am ready
to believe that it would be my duty to
do so In any case, and feel particu-
| larly bound to speak OF the matter
when 1t appears that the deficiency will
arise directly out OF the adoption by
the congress Of measures which l my
self urge 1t to adopt. Allow me there
fore to speak briefly of the present
state OF the treasury and of the fiscal
problems which the next year will
probably disclose.
| On the 30th of June last there was
an available balance In the general
fund Of the treasury Of $1O4. 10. 105. 7S.
The total estimated receipts for the
| year 1916, on the assumption that the
emergency revenue measure passed by
the last congress will not be extended
beyond its present limit. the 3lst OF
December. 1915. and that the present
duty of l cent per pound on sugar will
be discontinued after the lst of May
1916. will be $6I0.365, 500, The balance
OF June last and these estimated rev
cnues come therefore to grand tota
Of $77i, $50, 5,605.7S. The total estimated
disbursements for the present 6sca
year, including twenty-five millions foI
the Panama canal. twelve millions fol-
probable deficiency appropriations ant
$4,000 for miscellaneous debt redemp
tions. will be S153. sol 900, and the bal
ance In the general fund of the treas
ury will be reduced TO S20,6il, ,G05. rs
The emergency revenue act II contin
ued beyond its present time Limitation
would produce during the half yea
then remaining about forty-one mil
lions. The duty OF cent per pount
on sugar II continued would produc,
during the two months of the fisca
year remaining after the LIST OF Ma.
about fifteen millions, These two sums
amounting together 10 tifty.six mil
lions. II added to the revenues Of tn
second half 90 the fiscal year woul,
yield the treasury at the end Of tn
year an available balance of S76.644
COSTS
The additional revenues required b
carry out the program of military an
naval preparation OF which hav
spoken would. MS at present estimated
be for the fiscal year 1917 $500 .00(
Those figures. taken with the figure