BUSINESS METHODS.

Dominion, Volume 3, Issue 769, 18 March 1910, Page 5

BUSINESS METHODS.

■ ■-, 0 ■_. ; HOW TO SAVE PUBLIC MONET. By Telegraph—Press Asaoclatlon-Oopyrlelit New York, March .16. Senator. Aldrich has introduced in th* United , States. Senate a Bill to' estat* ' lish a Government Business Methods. Commission, with a view to reducing the '■■■' expenditure in various departments. Senator Aldrich, in introducing the mea- : sure, asserted that he could save sixtymillion pounds sterling annually. ■'. A HALT IN EXPENDITURE. Writing early in January the "Times" New York correspondent says:—The closs of the calendar y«ar finds the Treasury in a decidedly stronger. position than it was six months ago, when the financial year began. Apart from'the expenditure ;"■■ on the Panama Canal, the deficit now : stands at £5,200,000, as compared with £11,600,000 on June 30 and £11,200,000 '. a : year 'ago. For the last six months \ the receipts exceeded those of the last . half of 1908 by £7,000,000, and the total disbursements have been only £800,000 more. .The disbursements during the last three months have been actually less by £3,000,000 than during the same period of 1908—"an encouraging indication," ac- ' cording to the "Wall Street Journal," "that a halt has at last been brought to the steady upward movement of the: ex. pendituve, which seemed so automatic ai. to be almost beyond official control dows to the close of the last fiscal year." There seems every reason to believe that the Secretary of the Treasury's estimate of the deficit at the end of the current financial year—namely,. prove to be correct. For this commendable improvement in the condition of itr. finances the nation has to thank Mr. Taft, who has amply fulfilled his promises of economy.