Show THE XKW LOAX To the casual ob erver to those not in the secrets of the government the necessity for a new loan to replenish i the gold reserve in the Treasury Is not apparent Last summer there was a great clamor that the government I shtAild issue hew loan but it was unheeded un-heeded Tie gold reserve at the time was lower Than at present and no panic I ensued because it reached the point it did Those who were anxious to have I i the government issue the loan ceased their talk about its necessity when they found there would be no issue i There has been no recent demand for a loan and the god reserve has been steadily increasing and all the signs point to its continuation The tariff question has been settled the elections are over and business everywhere is improving All this should certainly tend to bring more revenue into the Treasury After January Jan-uary a new source of revenue will be the income tax Already there is beginning be-ginning to come In some revenue from sugar and it is bound to increase so soon as the stock of raw sugar now In the country is exhausted Foreign trade is reviving and the import dutIes will naturally increase In fact all I I things look prosperous at present and indicate no necessity for a loan It will impose a burden on the taxpayers of the interest during the time that the bonds will have to run and the amount of the principal when they mature All things considered it does not seem that the issue is justifiable |