The Archive · 1924

U.S. Pacific Fleet Cruise

Announcement has just been made that the Pacific Battle Fleet will cruise to the Antipode from Ban Francisco on "April 15 next and return about the end of September. Twelve days will be spent in reaching Hawaii, at slow speed because of small craft, where the fleet will be engaged: tactical exercises until the end of May, when the next stop will be Page Page, in the Samoan Islands, and Sydney is tw he reached by July 18 The fleet will be at that port straight on until August 3. Four days will be consumed in the passage from Sydney to Auckland, where the present schedule calls for Await of no less than 17 days, Taxation and Governnient Costs Ten billions of dollars for the cost of the U. $. Government is regarded as a burden of prosperity too big even for the United States. That is the figure it costs' to run the Government. Last year the amounted yet the total expenses were $10,000. million. The difference of $2,500 million comes from mortgages on the people's future, from mortgages the interest ehatwes on which must paid by the people, from mortgages that the people will have to pay in Cull as the principle falls due. Last year the gover ments the "United Star tional, state and loeul—put. out ion of dollars in bonds; the year they put out y have is than a. billion, Where does the money 0? In schools, in. reads, all sorts of local are regarded the Many are cor to be the undoing of Amerien's advocating year is at t for every" man, women, child ud in-arms in the countes—and a lot of mo the United States paying and prosper, Bankers propose that waxes be reduced generally x0 as to. bring down the costs which are sold i els in competition with other nations, If Americ cannot produce mo cheaply, the tear ix entertained—not without justification, such you in a great cosmopolitan market like China will aware—that Europe will undersell Americ and goods will be piled up, will slow down and. America's prosperity' may give place to "hurd times The present writer ix not Atted by experience to tackle such subject, but it is perfectly clear to the veriest tyro that too much money is being per running: the country.

Text read from the printed page and cleaned; old type leaves the occasional error.

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