The central record. (Lancaster, Ky.) 18??-current, 1915-12-09
SHOULD AGREE ON POLICY
IN THE PHILIPPINES.
Recommends Early Adoptie~ ef Meas
ures Giving Their, Fuller Justice.

Nccommenos tsr'r bdopSioT " mess-
ures Giving Then, Fuller Justice.
There Is another matter which seems
TO me TO be very intimately associated
with the question " national safety
and preparation for defense. That IL
our policy toward the Philippines and
the people OF Porto Rico. Our treat.
ment Of them and their attitude to-
ward us are manlfestly OF tho urst con
sequence In the development q our
duties In the world and la getting a
free hand TO perform those duties We
must DO free from every unnecessary
burden or embarrassment and there
II no better way To be clear % em-
barrassment than 10 fulill our prom.
ises and promote the interests Of those
dependent on us 10 the utmost Bills
for the alteration and reform Of tho
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
DO submitted also TO you need not
particularize their details. You arc
most OF you already familiar with
them But I do recommend them to
your early adoption with tho sincere
conviction that there are few measures
you could adopt which would more
ssrviccably clear the way for tho great
policies BY which We wish to make
good. now and always. our right To lead
IN enterprises Of peace and good viii
and economic and political freedom
The plans for the armed forces OF
the nation which I have outlined snd
for the general policy OF adequate prep
aration for mobilization and defense
involve. OF course. very large addition
al expenditures OF money. expenditures
which viii considerably exceed the es-
timated revenues OF the government
II h made my duty by law whenever
the estimates OF expenditure exeeed
the estimates OF revenue 20 call tho
attention Of the congress to the fact
and suggest any means OF meeting tho
deficiency that Il may be wise OF pos
sible for me 10 suggest l am ready
10 believe that II would lie my duty 90
do 80 In any case. and | feel particu-
larry bound TO speak OF tho matter
when II appears that the deficiency will
arise directly out OF the adoption by
tho congress Of measures which my
self urge II to adopt Allow me there
fore 10 speak briefly Of tho present
state OF the treasury aud 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 s104. 10. i0o.Ts.
The total estimated receipts for the |
year 1915. on the assumption that the
revenue measure passed BY |
the last congress will not be extended |
beyond its present limit. the 3ist OF |
December. 1915. and that the present |
duty OF cent per pound On sugar will |
be discontinued after the LIST OF May.
1915. VIII be S670.3O5.5O0 The balance
or June last and thess estimated rev. |
enues come therefore 20 q grand total
OF $7I4.535. COSTS The tesal estimated
disbursements for the present fiscal |
year. including twenty-five millions for
the Panama canal twelve millions for
probable deficiency appropriations and |
10000 for miscellaneous debt redemp-
tons. VIII be S753.soi. 900. and the bal.
ance In the genaral fund OF the treas
ury VIII be redueed 10 S20.GI4. COS. rs.
The emergency revenue act II contin-
aed beyond its present time limitation
would produce during the half year
then remaining about forty-one mil
Hons. The duty OF cent per pound
on sugar II continued would produce
during the two months OF the fiscal
year remaining after the list OF May |
about fifteen millions. These two sums.
amounting together TO afty-six mil
lions. II added TO the revenues Of the
second half OF the fiscal year would
Yield the treasury at the end OF the
year an available balance Of s76.B44..
0O5.72
The additional revenues required TO
carry out the program OF military and |
naval preparation Of which 1 have
spoken would. as at present estimated.
be for the fiscal year 1917 sos. 800, 600.
Those figures. taken with the figures
for the present fiscal year which I