The Jeffersonian. [volume] (Atlanta, Ga.) 1907-1917, 1915-03-25
BY j. ID. WAITS ON
. REPRESENTATIVE
FITZGERALD.

warning the Administration and Congress
that our finances were getting in critical
condition, and must be read justed.
Coming from the Democratic Chairman, it
IS little surprising, but figures speak the
truth, and Mr. Fitzgerald saw the danger
ahead in the figures showing that the expen-
dltures of the government are running S1O3,-
100000 per year more than the governments
revenue, counting In the revenue that has
been brought In by the War Tax
Ever since the Democrats took over the af-
fairs from the Republicans, the balance in
the Treasury has been gradually decreasing
until only $450OO,00O of the $4,000, 900
which the Republicans left remained there
two weeks ago, and by the end Of the year
not only the $45,OOO,000 will be gone but we
will have big deficit on hand.
When the Democrats went into office,
pledged to an administration of rigid economy
with the governments finances, the Treasury
was getting In more than it was paying out,
and at the end of the fiscal year, when the
Republican policies went out of effect, the
Democrats had $166000,00O in the Treasury
to start with; while today, with little more
than one and one-half fiscal years passed.
they have only $45,0O0O0O in the Treasury,
and the $45 100000 going out at rapid rate
The admission Of Mr. Fitzgerald's that we
will run SOB, 100000 short of our revenue
during the next year, is worse than appears
at first glance, because he includes the esti-
mated amount that the war tax will bring
into the treasury In making his estimate
The war tax was put upon Us as an extra
tax to raise $1O0,O0O000 so we will run S1O3-
100000 short with the 100000, 900 war tax
included in the revenue, which makes the
amount of our expenditures actually $685.
100000 beyond our regular income.
The job seekers and pork barrel rollers
have been accommodated to such an extent
that the Treasury IS nearer empty now than
1t has been since Cleveland was President,
and at the present rate of spending by the
Administration pledged to economy, we will
have another bond issue within the next
twelve months.
The Southwestern Tariff Committee, repre-
sentlng the railroads is appealing to the rail
roads for higher freight rate on meat, and
it is pretty sure shot that the railroads will
get what they ask for
According to their representative, T. A.
Leland, the increase is so slight that they are
asking for, that the packers will take it out
of their profits, instead of lacking it onto the
price of meat to the consumer.
Ii we didn't know the ways Of the Beef
Trust so we'll, we might be inclined to the
belief that Mr.. Leland himself believes what
he is trying to make the Interstate Commerce
Commission believe, but the ways of the Beef
Trust don't agree with Mr.. Leland's line Of
talk
Leland, or any other man with any COM
mon sense, knows very well that any fraction
of cent more that the Beef Trust is charged
for freight will be added to the price at which
it is sold to the dealer, with little bit more
than the freight rate added on for good meas
ure
There isn't any doubt whatever that the
Beef Trust could pay little more freight