Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1915-12-11
PRESIDENTS MESSAGE
Continued from page one)

committees on naval affairs and dis
closed in the debates OF the two hous
es, but nowhere formulated or formal
ly adopted. 1t seems to me yer,
clear that it will be to the advautag,
OF the country for congress to adop
a comprehensive plan for putting TIL,
navy upon a final footing of strength
and efficiency and to press that plar
to completion within the next fv,
years"
The president said that in order te
secure national self-sufficiency and
self-security the country must have q
merchant marine
The task of building up an adequate
merchant marine Mr.. Wilson said
must be undertaken ultimately by
American private capital, but, in the
meantime, he declared. every legal OBJ
sticle standing in the way of the build
ing, purchasing and American regis
tration of ships should be removed
to open routes, especially between the
two American continents. When the
risk has passed and private capital
begins to find its way into these new
channels. he added, the government
may withdraw,
The president told congress that
proposals would be made during the
coming session for the purchase or
construction of ships to be owned
and directed by the government. The
measure, he said, would be similar
TO that submitted to the last congress,
but modified in some essential partic
ulars.
In outlining the financial condition
OF the government, the president fol-
lowed closely the statement recently
given out by Secretary McAdoo. He
said the additional revenue required
to carry out the program OF military
and naval preparedness would be SoS,
10000 for the fiscal year 1917; that
If the present taxes were continued
throughout this year and the next
there would be balance in the treas
ury OF about S7o.so0,oOo at the end of
The present fiscal year and deficit
at >he end of the next year OF some
Sll2.O00,ooo, reckoning in S6S.0ouooo
for deficiency appropriations.
Proposing that the new bills should
be paid by internal taxation, the pres
ident suggested that by lowering the
present limits of income exemption
and the figure at which the Surtax inn
posed, and by increasing step by step
throughout the present graduation,
the surtax itself. income taxes as al
present apportioned would yield sums
sufficient to balance the books OF the
treasury at the end of the fiscal year
1917 without anywhere making the
burden unreasonably heavy. He added
that there were many additional sour
ces of revenue which justly could be
resorted to withou, hampering the in
dustries of the country or putting
any too great charge upon individual
expenditure. He estimated that l-cent
tax to the gallon on gasoline and nap
ia would yield Sl0,ooo0oo; a tax OF 50
cents per horsepower on automobiles
Neutrality-suspicious. engineSSlS.oo0ooo;
a stamp tax on bank checks. probably
SlSoC0,oo0. and tax of 80 cents per
ton on fabricated iron and steel. prob
ably Sl0,oo0Ooo,
The president said there was reason
to hope that no question IN contro-
verSy between this and other govern
ments would lead to any serious
breach Of amicahle relations. and that
he was sorry to say that the gravest
threats against national peace and
safety had been uttered within the
couniry's own borders.
There are citizens Of the United
States. blush to admit" he declared,
born under other flags. but welcomed
under our generous naturalization
laws to the FULL FREEDOM and opportun-
ity of America. who have poured the
poison Of disloyalty into the very ar
teries OF our national life: who have
sought 10 bring the authority and
good name of our government into
contempt. TO destroy our industries
wherever they believed il effective
for their vindictive purposes, TO strike
at the and 10 dehase our politics tC
the use of foreign intrigue"
No federal laws exist TO meet thi.
situation. said Mr. Wilson. hecaus,
such a thing would have seemed in
credible in the past Such creature!
of passion. disloyaity and anarchy,
he added. must be crushed, The!
are nos many, but they are inhnit4:,
MALIGNANT and The hand Of sa,,r rewel