The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1915-10-19
IARIEE REVISION
CONTINUED from page 3.

enacting the war taxes" doing
these two things win not add to
the present income OK the governs
ment. but putting back q duty on
wool will add some to 1t. 1T will
have to be tarih revision on. a. higher
rate or q bond issue" says the sa-
pient soothsayers OF both parties.
And the bond issue is iavorite in
their betting pools just now. ~
bond issue Of three or four huns
Idred millions to cover the treasury
deficit, meet the customary appro-
priations Of Congress, and the cost
of the plans for military prepared
ness Is prospect that is hailed by
the Republican party leaders as
rare good news.
tic administration to look after
tia, administration to look for, a
bond issue is as natural as looking
for the dawn OF tomorrow. They
say that 1t is the Democratic long
suit invariably played, at some stage
of the game. In past experience 1t
has usually been to supply a deficit
In revenue. The fact that there is q
deficit now will be. cited by the Re-
publicans as at least a coincidence
with the suggested bond issue. 4
Republicans say. that when the
subject OF bond issue, for whatever
purpose, is mentioned In Congress,
they propose to call attention. to the
fact that the Democratic tariff legls-
lation threw away enough sources OF
income to have met in a financial
way, pretty much, the dilemma into
which the government has been
plunged by, the party in control.
And from this they are going to
branch out on every, phase Of the
tariff. expecting TO bring It before
the country in such a, way as 1t
hasn't been before the voters since
McKinley's first election.
Other Dilcmmas.
According to the minority party
leaders the president faces other
dilemmas-every aspect Of the ques-
ton Of national preparedness con-
I; tains one, they claim. Hadn't he re-
I, versed himself on that question, they
! would have made 1t an issue. Hay-
;.ins reversed himself on 1t. 1t Is an
Issue anyway, they say-an issue be-
tween the pacificlsts. under Mr..
/ Bryan, and in. addition will carry
with 1t the burden OF unpopularity
OF bond issue.
1t is realized that an, elaborate
plan of preparedness will Of itself
! be load to carry with an element
of the public aside from the add
tional handicap of running into debt
to perfect 1t. Yet there Is no other
!. way, according to accepted DEM
ocratic policies, since the Democra-
tic tariff does not even yield sllt-
!; ficient revenue for the ordinary ex-
/; penses Of the government. To be
sure 1t Is pointed out by the prpesi-
dent that "the war has prevented
4 the tariff from having fair trial
under normal conditions" IN point
/ of fact, the belief obtains in. high
financial circles in New York, as
well, as in high political circles In
Washington. that If things continue
!! as they are going now for many
months longer the administration
will have to resort to selling bonds
to pay the governments butcher,
baker and candlestick MAKER
IT the administration pushes In
the incoming Congress. Secretary
! McAdoo's project for governments
/ financed merchant marine, still an
! other issue OF bonds will be required
4 and 1t is generally assumed that
! President Wilson will resume his
fight for this legislation next winter.
i So, all in all, the Republicans are
], looking forward to the, possibility .o1
making considerable political CAPT
tai out of the administration at the