Jasper County Democrat, Volume 13, Number 71, Rensselaer, Jasper County, 14 December 1910 — MILLIONS SAVED TO GOVERNMENT [ARTICLE]

MILLIONS SAVED TO GOVERNMENT

Result of Pruning in The Executive Offices. MAC VEAGH'S ANNUAL REPORT V ; Plan for fie Payment of 1 Per Cent a Year on the National Debt — Currency Reform and Other Matters of Interest. Washington, Dec ?. —.Currency reform, extension of the scope of the national banking laws, in the event of no immediate general changes in the monetar\ system; civil service requirments, a customs service free from ‘‘practical’’ politics; businesslike methods in the daily trarsactions of the government and a general abolition of red tape wherever it clogs, the wheels of the government’s business are among the recommendations contained in the annual report cf Franklin MacVeagh, secretary of the treasury, presented to congress. The expenses of government in the fiscal year 1912, for which this session of cenerc-ss is asked to appropriate, are estimated a‘ $630,494 013. The estimated expenditures of the Panama canal are given as $56,920,847, making a total of $637,414,860. The estimates, if carried out represent net savings of about $18,000,000 in the executive departments as compared with the appropriations for the curren' fiscal year. While the secretary’s report estimates the total expenses of the government at $687,414,860, the estimates which have been transmitted to congress ask for $748 414,860. a difference of $61,000,009. Congress is to appropriate this extra $61,000,000 to rnakg the sinking fund law effective. It would be an appropriation to permit tie treasury to tegih applying 1 per cent a year to the disc barge of the national debt. The law authorizing such a procedure has been a dead letter for snotet time, as congress has never appro; dated anv irony. fteeeii ts. for 1912. Secretary ■ MacVeagh estimates will be $680,000,000, which would leave an ordinary surplus of a round .5">9 OCO.POO. If the treasury should continue to pay fer the Panama canal cut of t v e ers’j drawer rs ;' present. sv:lt e ;; r, !-.is would be turned to a deficit Of 37.414,860. . ' v Seer tary MacYeat’ c presses ' hope that the monetary ques ion will come into coherers detached from sectional fir politics 1 considerations; The recommenda’ior that the tress ury be'■ authorized to i. sue gold certificates against gold buliicn and foreign geld coin is renewed; Reviewing the discovery of frauds and the subsequent reorganization of the cu.-rms service. Secretary MacVearh un rs ap; ropriatiens . for rewards for these who aided the government