A.1 per cent. tax reduction and sonewal of efforts to achieve a rail-sent to the special session of Coneress on No condition has-arisen, in my oad consolidation programme were the two. outstanding. recommenda-'Sons embodied in the annual message to Congress from President Hoover.
The President declared that the railroads as a whole have never deen in better physical and financial condition, and he urged legislation permitting proper consolidations.
"Other important points the President's message included:
"A. recommendation of studies, ooking into the "continuously mounting" military outlay of the United States.
'A recommendation of ratification of the World Court protocol under forms of the first. Root agreement, together with a statement that "our adherence to the International Court as now constituted is not the slight-fest step toward entry into the League of Nations."
"A" recommendation of an _immediate increase by $5,000,000 of the inland waterways appropriation.
'A recommendation of general revision of airmail rates on a more systematic basis than is the present. footing. ing the fact that America fs at peace with the world, the President referred to recent stock market speculation, He said that the, natural result' of the market ferash was a reduction of the consumption of luxuries.
The " recent conference with business-and economic leaders, in the view of the President, restored con-Adence.
"Fortunately," he went on, "the Federal Reserve System had taken measures to strengthen its position against the day when speculation would break—which, with the strong. position of the banks, has carried the whole credit system' through the crisis without impairment,'
President Hoover suggested that Congress delegate to the President authority to handle the problem of departmental reorganization, to act subject to a joint committee of Congress daring a limited period.
A policy of oil conservation was also urged.
Mercantile Marine Expansion '$9,000,000,000 Appropriation recommendation of expansion of the Merchant. Marine through wards of sustaining mail contracts find establishment of 14 new routes ing for 460,000 tons of new ships costing. $250,000, 000.
"A recommendation of revision of he national banking. law to, care for "vastly altered conditions" reauiting from the expansion of chain danking.
"A recommendation for reerganiza~ tion of the federal radio commission 'A recommendation was made for beginning the reorganization of Government departments, invigorating prohibition, enforcement machinery and pointing out the need for better jaw observance generally, as well as the codification of all prohibition Inwé and simplifying procedure.
President Hoover's budget _mes-fiscal year 1931, This represents a reduction of '$145,696,000 as compared with the] hi current period, Estimates in the budget gave the governmental surpluses as standing at $25,000,000 for this year and $122,000,000 for 1991, which will provide for tax reductions of 1 ye: cent. for one year after which it can be determined whether such red tion will be permanent or possibly can be extended.
The budget provided for food control, federal building work and harbour-and other construction enterprises, including several' new penitentiary buildings, This lotte: feature is expected to meet criticism that over-crowded condi Citizens? Responsibility responsible for several serious breaks, 'The President expressed gratifieation at the awakening of the citizens' sense of responsibility.
laws," he declared, "are made ty the people themselves. Their's is the right of repeal, but until Iaws are repealed, it is an equal duty ta preserve them and to demand their enforcement."
President Hoover said. that he, who condones or trames with crime, ie himself the most effective agency for the breakdown of society."
The message described at length the proposed prohibition enforcement machinery under the Department of Justice, Appointment of a special eommission to study the condition of Ti and looking toward a more defini Policy, was recommended.
China and Nicaragua, according to the President, are the only other places apart from the United States where U. S. Marines are on duty.
Continuing his comments on the marines, the President said:
"In a large sense, we do not wish to be represented abroad in thi manner."
Por improvement of relations with South America, the President promised that he expects to chose Giplomats of long experience who spank the language of the people to whom they are accredited.
Ain pointing to the subject of military expenses, the President assorted that the United States ex-_ pense "is in excess of that of the most highly militarized nations of the world."
He said that the Army and Na are ample to preserve internal order and freedom from encroachment.
Estimates for the War and Navy appropriations provided for an Aggregate expenditure of $71,908,- 000 on the national defence, after excluding non-military items, The Naval Programme "With regard to the 15 new cruisers authorized by the Act of] February," said the budget message, "provision is made for continuing work on two cruisers already Laid down and one aircraft carrier and three cruisers to be Inid down daring the fiscal year 1980, and fo: commencement of the second and third blocks of five cruisers each late in the fiscal year 1931."
The message recommended 2xpenditure of $33,000,000 for the Durchase of Army and Navy nero-Planes, $460,000 to purchase nero-Planes for the Coast Guard service, and more than $10,000,000 for the lighting of airways.
The estimated total Government receipts for the 1931 fiscal year should amount to $4,225,727,666, the message said. Expenditures should come to $4,102,998,700, by estimate of the Government, leaving an excess of $122,783,966.
Text read from the printed page and cleaned; old type leaves the occasional error.