SENATOR FRANCIS G. NEWLANDS Who secured an appropriation for a $55,000 post office at Fallon, a town in Nevada with a population of 741 are valuable," said Mr. Hughes, giving his reasons for voting against this political measure, "but I don't think it is worth while for Uncle Sam to spend $50,000,000 to reëlect me to Congress.' Unfortunately, too many Congressmen entertain other ideas on this matter. They constantly abuse the power they have of initiating money bills. The one solution. is to take this power from them, at least in the matter of appropriations for local purposes and public works. Instead, we should establish the budget system. This would not actually curtail the scope of Congress. That body would still retain control of the purse. It would vote money only in obedience to a request from the administrative branch; but it could grant or refuse this request as conditions justified. Its business would be that of criti SENATOR FRANCIS E. WARREN A member of the Senate Committee on Public Buildings, and a particularly successful cultivator of "pork' cism, of investigation, and of veto. This would greatly enhance the character of both chambers. It would weed out those members whose reëlection depends chiefly on their ability to get local appropriations certainly they would be no loss to the Nation. The more serious members-and there are plenty of them-who are really interested in the Nation's business and would like to spend their time in it, are now tormented constantly by the importunity of their constituents. The budget system would relieve them of this. They would, therefore, have all their time for serious work. Thus the Nation would not only save millions of wasted money, but would get a higher type of lawmakers. And the patriotism of localities would find more worthy outlets than campaigns to secure a lot of useless and expensive architecture. OUR NEW GOLD GOES ADVENTURING THE BOLD PLAN OF A GREAT GROUP OF AMERICAN BANKERS, MANUFACTURERS, AND ENGINEERS TO FINANCE FOREIGN DEVELOPMENTS WITH SOME OF THE SURPLUS WEALTH THAT HAS SUDDENLY FLOODED THIS COUNTRY-THE DRAMATIC PROOF THAT THE UNITED STATES IS AT LAST A CREDITOR NATION-OUR FIRST BIG EXPERIMENT IN A The operations of the Barber Asphalt Company, of Philadelphia, have carried American machinery and manufactures to the northeast coast of South America, much as the development of natural resources by British capital has made a market for British goods in nearly every land on the globe SOME ACHIEVEMENTS OF EASTERN ENGINEER Three great Eastern concerns-Stone & Webster, of Boston, J. G. White & Co., and Ford, Bacon & (or all four together) of the larger number of the hydro-electric power plants and interurban trolley lines by the firm of Stone & Webster, whose president, Mr. Charles A. Stone, is president of the new American York. Mr. Stone will study similar opportunities for American capital in all parts of the world, thereby seeki AN AMERICAN-FINANCED PUBLIC UTILITY IN MANILA Car barns and yards of the street railway system, financed with American money and built of American materials by J. G. White & Co., of New York. These and other American investments in the Philippines have helped build up a mutually profitable trade between the Islands and the United States |