The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1915-12-07

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Aoreover. W. can develop no true. or sf-
fecetve American policy without ships OF
our own--not ships Of war. but ships OF
Fpeace. carrying goods and carrying much
more; creating friendships and rendering
indispensable services TO all intsrests ON
this side the water. They must move
constantly back and forth between the
Americas. They are the only .shuttles
that can. weave the delicate fabric OF
sympathy. comprehension. confidence and
| mutual dependence In which We wish to
cloths our policy Of America for Ameri-
cans.
The task OF building I'D an adequate
| merchant marine for America private cap
ttal must ultimately undertake and
achieve. AZ II has undertaken and achiev-
ed every other like TASK among US in the
past. with admirable enterprise, intslli-
gence and yigor.. and IL seems to me q
manifest dictate OF wisdom that we should
sosnove every legal obstacle that
may stand In the way OF this much to BE-
desired revival Of our old Independence
and should facilitate in every possible
WY the building. purchase and American
Eegistration Of ships. But capital cannot
accomplish this great task OF = sudden.
1t must embark upon 1t. by degrees, as
the opportunities OF trade develop. Some
Thing must be done At once. done to open
routes and develop opportunities where
they are ~ yet undeveioped. done to open
| the arteries Of trade, where the currents
have not yet learned to run, especially
| between the. two American continents,
where they are. singularly enough. yet to
be created and quickened. and 1t IL evil
dent that only the government can un-
dertake such beginnings and assume the
Initial financial risks. When the risk has
passed and private capital begins to find
| its way in SUFFICIENT abundance into these
new channels the government may with
| draw. But 1t cannot omit to begin. 1t
should take the first steps. and should
take them at; once. Our goods must not
| lie piled up at our ports and stored upon
side tracks in freight cars which are dali
~ needed on the roads. must not be left
without means OF transport to any foreign
J quarter We must not await the permits
| sion. of foreign shipowners and foreign
/ governments to send them where we will.
Government Owned Ships.
With a view to meeting these pressing
! necessities Of our commerce and availinE
ourselves at the earliest possible moment
Of the present unpa raleled opportunity
OF linking the two Americas together in
bonds OF mutual interest and service. an
opportunity which may never return
again II We miss II now. proposals viii
be made to the present congress for the
purchase or construction of ships to be
owned and directed by the government
similar to those made to the last con-
gress, but modified in some essential par
| t!cul4rs. I recommend these proposals to
you for your prompt acceptance with the
more confidence because every month
| that has elapsed since the former prcpo-
| sails were made has made the Necessity
! nd mo ma mi q q -
Iy imperative. That need was then fore
seen. 1t is now acutely felt and every
where realized by those for whom trade
Is waiting. but who can And no convey
| ance for their goods. l am not so much
interested in the particulars Of the pro-
| gram as i am in taking immediate ad-
vantage of the great opportunity which
| awaits US II We will but act IN this emer-
! Eency. In this matter. as in all others. a
spirit OF common counsel should prevail.
| and out OF it should an early solu-
ton OF this pressing problem.
| There Is! another matter which seems
| to me to be very intimately associated
| with the question Of national safety and
7 prepa ra ton for defense. That is our pol
icy. toward the Philippines end the people
/ Of Porto Rico Our treatment OF them
! and their attitude toward are mani
1 fesfly soft the first consequence in the de-
| ve!opnent of our duties in the world and
Fin getting Il free hand to perform those
lduties We must be free from every un-
necessary burden or embarrassment, and
there Is no better way to be clear Of en-
| barra ssment than to fulfill our promises
! and promote the interests of those de-
pendent on US to the utmost. Bills for
the alteration and reform of the govern
| ment 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 10 you. ! need not particularize their
J details. You are most Of you already IA
miliar with them. But I do recommend
cere conviction that there are few meas
ures 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 en-
| terpy!ses Of peace and good will and eco
, no1ic and political freedom.
: ~ Counting the Cost.
/ The plans for the armed forces Of the
nation which have outlined and for the
/ general policy of adequate preparation for
mobilization and defense involve. of
course. very large additional expenditures
tOf nloney. expenditures which will consid.
erablN exceed the estimated revenues of
the, governmept. 1t, is made my, duty by
T law whenever the estimates Of expendi-
,ture exceed the estimates Of revenue to
| call the attention OF the congress to the
| fact and suggest any means OF meeting
the deficiency that II may be wise or pos
sible for: me to suggest. I am ready to
believe that it would be my duty to do
So In any case. and I feel particularly
| bound to speak Of the matter when it APP
| pears that. the deficiency will arise di-
rectly out of the adoption by the con-
Eress Of measures which ! myself urge
II to adopt. Allow, me therefore to speak
| briefly Of the present state Of the treas
ury and OF the fiscal problems which the
! next year will probably disclose.
On the 3oth OF June last there was an
available balance in the general fund Of
the treasury OF $1o4. l70. 1888. The total es-
| timated 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 31st OF December. 1915. and that the
present duty Of cent per pound on sugar
! will be discontinued after the LIST OF May.
1916. will be S670. 3s5. 500. The balance OF
! June last and these estimated revenues
come therefore to a grand total of STA
636. 667s The total estimated disburee-
nlents for the present fiscal year. includ-
| ing twenty-five millions for the Panama
canal. twelve millions for probable def
| cheney appropriations and $50. 900. for mis-
| cellaneous debt redenptions. will be $685.
81 900. and the balance in the general fund
| Of the treasury will be reduced to S20.s44.-
06 Is The emergency revenue act IL con-
i4tnued beyond its present time limitation