London, Dec. 5.
President Taft's message to Congress is confined to the subject of the Trusts. He emphasizes the efficacy of the decisions of the: Courts in breaking up the Standard Oil, the Tobacco and other Trusts, and points out that there is nothing to prevent combinations for the sole purpose of economizing administration or plant, and recommends the establishment of Federal Commission, which would closely supervise the issue of stook and bonds and to which such combinations could submit plans for future business..—Reuter.
From Our Tokio Correspondent The Japanese Ministry of Finance gave out on November 29 " rough sam-mary of the Budget for the 1912-3 fiscal year, which is till subject to sideration, The ordinary—revenue, amounting to over Yen 600,600,000, increase of over Yen 5,000,000 that for the corrent from stamps, over 2,000,000, and those from Government enterprises and properties, over Yen 4 000,000 in spite of decreased proceeds of taxes, estimated at over Yen 1,000,000. The extraordinary revenue for the next fiscal year, estimated at over Yeo 53,000,000, is over Yen3,000,000 more than that for the current year, making s total of over Yon 554,000,000. The ordinary and extraordinary revenue exceeds the
Text read from the printed page and cleaned; old type leaves the occasional error.