Jasper County Democrat, Volume 11, Number 39, Rensselaer, Jasper County, 17 October 1908 — EXTRAVAGANCE GALORE. [ARTICLE]

EXTRAVAGANCE GALORE.

A Change Needed in Order to Get Down to an Economical Administration. The federal administration last year spent $54,000,000 more than it spent in the 1898 war. At the recent banker’s convention Lawrence S. Gillespie, president of the Equitable Trust Company of New York, discussing the administration, said: j “As in our private life so in our national finances, the year 1907 seems to have been one of exceeding cost and expenditure. The government stateent at the end of the fiscal year, June 80, 1903, shows a deficit of $59,656,361 and the increased deficit in July and August amounting to $28,728,000 brings the total deficit for the preceding fourteen months up to $88,434,361, with reduced revenues of $65,000,000. The year preceding, we had a surplus of $87,000,000. “The government disbursement was $659,552,124, being in excess of the revenues in any year except 1906 and 1097 and $54,000,000 more than was spent in the year when we conducted the war against Spain and paid the of landing armies iff Cuba, Porto Rico and the Philippine islands.”

The Methodist conference continues to denounce Speaker Ganhon because he refuses to let proposed laws have a hearing. It is, all right as far as It goes h> vote against Cannon for his dictation as to what legislation shall or shall not be considered, and it is essential also to vote out the Republican party that makes Cannon’s bdss-ship possible. Defeat of Cannon is good, but would not remedy jthe situation unless tlih Republicans are turned out. If Republicans win, and Cannon is defeated. the same iron rules will be carried out by a Sherman or a Dalzell or some other Republican pupil of Cannon’s.